The Psoriasis Drugs Market size in the Middle East & Africa is expected to be worth USD 0.70 billion by 2027 from USD 0.49 billion in 2022, growing at a CAGR of 7.24% between 2022 2027.
Psoriasis can be caused by various conditions and disorders, including strep throat, cold, dry weather, wounds, scrapes, bug bites, severe sunburn, stress, smoking, and secondhand smoke, a family history of psoriasis, and high alcohol intake.
Due to a rise in psoriasis research and pipeline products and a growth in disease burden and demand for psoriasis therapies in emerging nations, the psoriasis drugs market in the MEA region is significantly growing. The expanding senior population is another primary driver promoting the psoriasis pharmaceutical industry, as the condition primarily affects the elderly. The rising incidence of psoriasis has fueled the growth of the psoriasis pharmaceuticals business by increasing the usage of various psoriatic pharmaceutical products and therapies across the Middle East and Africa.
The market growth in this region is further expected to accelerate due to an increase in psoriasis research and pipeline products and an increase in disease burden and demand for psoriasis treatments in emerging nations.
However, the market is expected to be limited by most available treatments' adverse effects and the high cost of therapy. Though drug efficacy supports market growth in treating the condition, negative market variables such as the high cost of psoriasis therapy may stifle market expansion.
This research report on the Middle East and Africa psoriasis drugs market has been segmented and sub-segmented into the following categories:
By Drug Type:
By Route of Administration:
By Target:
By Country:
In 2020, MEA accounted for a moderate share in the worldwide market. However, growing favorable efforts from the governments and rising improvements in healthcare infrastructure are expected to change the scenario and accelerate the growth momentum of this regional market. Due to the high prevalence of psoriasis throughout the Middle East and Africa, the UAE occupied the leading share in the MEA market in 2020.
KEY MARKET PLAYERS:
Companies playing an active role in the MEA Psoriasis Drugs Market profiled in this report are Johnson & Johnson (USA), Novartis International AG (Switzerland), Pfizer Inc (USA), Merck, and Co. Inc (USA), Celgene Corporation (USA), Janssen Biotech Inc (USA), Stiefel Laboratories Inc (USA), Takeda Pharmaceutical Company Limited (Japan), Amgen (USA), and AbbVie (USA).
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Drug Type
5.1.1 Introduction
5.1.2 Pharmaceuticals
5.1.3 Biopharmaceuticals
5.2.3.1 Oral
5.2.3.2 Intravenous
5.2.3.3 Other
5.1.4 Y-o-Y Growth Analysis, By Drug Type
5.1.5 Market Attractiveness Analysis, By Drug Type
5.1.6 Market Share Analysis, By Drug Type
5.2 Route of Administration
5.2.1 Introduction
5.2.2 Topical
5.2.3 Systemic
5.2.4 Y-o-Y Growth Analysis, By Route of Administration
5.2.5 Market Attractiveness Analysis, By Route of Administration
5.2.6 Market Share Analysis, By Route of Administration
5.3 Target
5.3.1 Introduction
5.3.2 Tumour Necrosis Factor (TNF)
5.3.3 Phosphodiesterase Type 4 (PDE4)
5.3.4 Interleukin
5.3.5 Others
5.3.6 Y-o-Y Growth Analysis, By Target
5.3.7 Market Attractiveness Analysis, By Target
5.3.8 Market Share Analysis, By Target
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Product
6.1.3.3 By Type
6.1.3.4 By Application
6.1.3.5 By Indication
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Product
6.1.4.3 By Type
6.1.4.4 By Application
6.1.4.5 By Indication
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Product
6.1.5.3 By Type
6.1.5.4 By Application
6.1.5.5 By Indication
6.2 Middle-East
6.3 Africa
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Johnson & Johnson
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Novartis International AG
8.3 Pfizer Inc
8.4 Merck and Co. Inc
8.5 Celgene Corporation
8.6 Janssen Biotech Inc
8.7 Stiefel Laboratories Inc
8.8 Takeda Pharmaceutical Company Limited
8.9 Amgen
8.10 AbbVie
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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