PUBLISHER: The Business Research Company | PRODUCT CODE: 1720908
PUBLISHER: The Business Research Company | PRODUCT CODE: 1720908
Tildrakizumab is a humanized monoclonal antibody that specifically targets the p19 subunit of interleukin-23 (IL-23), blocking its interaction with the IL-23 receptor. This action inhibits downstream inflammatory signaling, reducing the activation of pro-inflammatory cytokines and immune cells involved in autoimmune disorders such as plaque psoriasis.
The primary indications for tildrakizumab include plaque psoriasis, psoriatic arthritis, and other conditions. Plaque psoriasis is a chronic autoimmune skin disorder characterized by inflamed, scaly skin patches called plaques. The drug is available in both injectable and oral forms, distributed through hospital pharmacies, retail pharmacies, and online pharmacies. It is used by various end users, such as hospitals, specialty clinics, and home care settings.
The tildrakizumab market research report is one of a series of new reports from The Business Research Company that provides tildrakizumab market statistics, including the tildrakizumab industry global market size, regional shares, competitors with the tildrakizumab market share, detailed tildrakizumab market segments, market trends, and opportunities, and any further data you may need to thrive in the tildrakizumab industry. This tildrakizumab market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The tildrakizumab market size has grown rapidly in recent years. It will grow from $1.57 billion in 2024 to $1.76 billion in 2025 at a compound annual growth rate (CAGR) of 12.1%. The growth during the historic period can be attributed to the increasing demand for psoriasis treatments, a rise in the prevalence of psoriasis, a high incidence of alcohol and smoking consumption, a boost in research and development activities, and a rise in healthcare expenditure.
The tildrakizumab market size is expected to see rapid growth in the next few years. It will grow to $2.75 billion in 2029 at a compound annual growth rate (CAGR) of 11.7%. The projected growth in the forecast period can be attributed to the increasing prevalence of psoriasis, rising initiatives in awareness, the growing prevalence of plaque psoriasis and psoriatic arthritis, enhanced education, and the high rates of alcohol and smoking consumption. Key trends during this period include product innovations, the development of combination therapies, a shift towards biologic and targeted therapies, the introduction of new injectable drugs, and a move towards personalized medicine.
The rising prevalence of psoriasis is expected to drive the growth of the tildrakizumab market. Psoriasis is a chronic autoimmune disease that leads to rapid skin cell turnover, resulting in red, scaly patches on the skin. The increasing prevalence of psoriasis is linked to factors such as genetic predisposition, immune system dysfunction, environmental triggers, and lifestyle factors including stress, smoking, and obesity. Tildrakizumab helps treat psoriasis by specifically targeting interleukin-23 (IL-23), a cytokine responsible for promoting excessive skin cell growth and inflammation. This action helps reduce plaques, scaling, and redness. For example, in May 2024, the National Center for Biotechnology Information, a US-based national library of medicine, reported that in 2022, the prevalence of psoriatic arthritis (PsA) was 0.221%, with an incidence rate of 13.54 per 100,000 people. This is a significant increase compared to previous estimates, highlighting the growing prevalence of psoriasis and driving the tildrakizumab market.
The growth of the tildrakizumab market is also driven by improvements in healthcare facilities. These facilities, including hospitals, clinics, and diagnostic centers, provide essential medical care and services to treat and support patients. Healthcare facilities are advancing due to factors such as increased investments in healthcare infrastructure, a shift towards patient-centered care, population growth, and aging demographics. Enhanced healthcare facilities make it easier for patients to access advanced biologic treatments, improve diagnosis and referrals to specialists, ensure better management of biologic drugs, and increase healthcare provider awareness. All of these factors contribute to the adoption and effectiveness of tildrakizumab in treating chronic inflammatory conditions such as psoriasis. For instance, in May 2023, the American Health Care Association, a US-based nonprofit organization, reported that the number of hospitals in the United States increased to 6,129 in 2023, up by 0.591% from 6,093 hospitals in the previous year. This improvement in healthcare facilities is driving the growth of the tildrakizumab market.
Companies in the tildrakizumab market are also focused on developing innovative formulations, such as monoclonal antibody injections, to improve treatment efficacy and patient outcomes. Monoclonal antibody injections involve the use of laboratory-made antibodies that target specific antigens in the body for therapeutic or preventive purposes. For example, in May 2023, Sun Pharmaceutical Industries Ltd., an India-based pharmaceutical company, received approval from the Chinese health authority, the National Medical Products Administration (NMPA), for tildrakizumab injections to treat plaque psoriasis. By targeting interleukin-23 (IL-23), a cytokine involved in inflammation that causes psoriasis, tildrakizumab helps reduce inflammation and slow the excessive growth of skin cells, improving symptoms such as redness, scaling, and plaque formation.
Major players in the tildrakizumab market are Sun Pharmaceutical Industries Ltd., Almirall S.A.
North America was the largest region in the tildrakizumab market in 2024. Asia-Pacific expected to be the fastest-growing region in the forecast period. The regions covered in tildrakizumab report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the tildrakizumab market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The tildrakizumab market consists of sales of single-dose vials and pre-filled syringes. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Tildrakizumab Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on tildrakizumab market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for tildrakizumab ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The tildrakizumab market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.