Global Psoriatic Arthritis Therapeutics Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Drug Class;

Nonsteroidal Anti-Inflammatory Drugs (NSAIDs), Disease-Modifying Antirheumatic Drugs (DMARDs), Immunosuppressants, Biologic Agents, and Others.

By Route of Administration;

Oral, Parenteral, and Others.

By Distribution Channel;

Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn122211805 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Psoriatic Arthritis Therapeutics Market (USD Million), 2021 - 2031

In the year 2024, the Global Psoriatic Arthritis Therapeutics Market was valued at USD 8,911.75 million. The size of this market is expected to increase to USD 18,327.90 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.9%.

The global market for psoriatic arthritis therapeutics is experiencing substantial growth, driven by the increasing prevalence of the disease and advancements in treatment options. Psoriatic arthritis (PsA) is a chronic inflammatory condition that affects individuals with psoriasis, leading to joint pain, stiffness, and swelling. The rising awareness of PsA and its impact on patients' quality of life has led to a greater emphasis on early diagnosis and effective management, thus boosting the demand for advanced therapeutics. The market is characterized by a diverse range of treatment modalities, including biologics, small molecules, and novel oral agents, which have shown significant efficacy in controlling symptoms and halting disease progression.

Innovations in biotechnology and pharmaceuticals have been pivotal in the development of new therapeutic agents for psoriatic arthritis. Biologic drugs, particularly TNF inhibitors, IL-17 inhibitors, and IL-12/23 inhibitors, have revolutionized PsA treatment by targeting specific components of the immune system responsible for inflammation. These biologics offer patients improved outcomes and have become a cornerstone of PsA management. Additionally, the introduction of Janus kinase (JAK) inhibitors and phosphodiesterase 4 (PDE4) inhibitors has provided alternative options for patients who may not respond to traditional therapies. The continuous research and development in this field are expected to yield even more targeted and effective treatments in the near future.

The market dynamics for psoriatic arthritis therapeutics are influenced by several factors, including the growing prevalence of psoriasis and PsA, increased healthcare expenditure, and supportive government policies for chronic disease management. North America currently dominates the market due to its advanced healthcare infrastructure and high adoption rate of novel therapies. However, regions such as Europe and Asia-Pacific are emerging as significant markets, driven by improved healthcare access and rising patient awareness. Strategic collaborations, mergers, and acquisitions among pharmaceutical companies further enhance market growth, ensuring the availability of cutting-edge treatments and expanding the global reach of these therapeutics.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Drug Class
    2. Market Snapshot, By Route of Administration
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. Global Psoriatic Arthritis Therapeutics Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Advancements in Treatment Options
        2. Rising Awareness and Diagnosis Rates
        3. Growing Adoption of Biologics
        4. Improved Healthcare Infrastructure
      2. Restraints
        1. Side Effects Associated with Therapies
        2. Stringent Regulatory Policies
        3. Lack of Access in Developing Regions
        4. Limited Patient Awareness in Certain Areas
      3. Opportunities
        1. Innovative Drug Development
        2. Collaborations and Partnerships Among Key Players
        3. Increasing Research Funding
        4. Personalized Medicine Approaches
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Psoriatic Arthritis Therapeutics Market, By Drug Class, 2021-2031 (USD Million)
      1. Nonsteroidal Anti-Inflammatory Drugs (NSAIDs)
      2. Disease-Modifying Antirheumatic Drugs (DMARDs)
      3. Immunosuppressants
      4. Biologic Agents
      5. Others
    2. Global Psoriatic Arthritis Therapeutics Market, By Route of Administration, 2021-2031(USD Million)
      1. Oral
      2. Parenteral
      3. Others
    3. Global Psoriatic Arthritis Therapeutics Market, By Distribution Channel, 2021-2031 (USD Million)
      1. Hospital Pharmacies
      2. Retail Pharmacies
      3. Online Pharmacies
    4. Global Psoriatic Arthritis Therapeutics Market, By Geography, 2021-2031(USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Pfizer
      2. Eisai
      3. UCB Biosciences
      4. Sanofi S.A
      5. Otsuka Pharmaceutical
      6. Sumitomo Dainippon Pharma
      7. Johnson & Johnson
      8. Celgene Corporation
  7. Analyst Views
  8. Future Outlook of the Market