Vancouver, BC -- (SBWire) -- 02/11/2021 --Rising awareness towards rare diseases, Rising R&D leading to the introduction of new drugs, cost-efficient therapeutic approach, government initiatives for Pediatric psoriasis field is driving the market during the forecast period.
Psoriasis is a chronic skin condition that causes dry and itchy patches on the skin. Pediatric psoriasis typically appears red, thickened, and scaly patches on the skin. They are sometimes painful. According to the dermatologists, pediatric psoriasis can sometimes affect the quality of life in children. The onset of nearly one quarter of psoriasis cases is before the age of eighteen.
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Pediatric Psoriasis Market Drivers
The significant factors contributing to the progress of the pediatric psoriasis market is the rising incidence of target diseases and unmet needs of patients with pediatric psoriasis. This is, in turn, pushing the product development and expanding research and development activities. With growing comprehensive research and technical advancements, pipeline medications are expected to have healthy clinical outcomes expected to drive the market growth.
Top Key participants include AbbVie Inc.; Amgen Inc.; Johnson & Johnson; Novartis AG; Eli Lilly & Company; AstraZeneca; Celgene Corporation; UCB; and Merck, Boehringer Ingelheim and LEO Pharma and others.
For more credibility, the intelligence report provides valuable data on key driving forces, prominent players, emerging trends, gross margin, customer preference and profit across various regions for the forecast period, 2020-2027. To help product owners design a robust plan the study takes a closer look at the product pricing, technology innovation, key competitors, product launches, product pipeline and major driving forces.
Emergen research have segmented into the global Pediatric psoriasis market on the basis of type, treatment, end use, and region:
Type Outlook (Revenue, USD million; 2017-2027)
Plaque psoriasis
Guttate psoriasis
Pustular psoriasis
Inverse psoriasis
Erythrodermic psoriasis
Mucosal/oral psoriasis
Nail psoriasis
Napkin or diaper psoriasis
Photosensitive psoriasis
Flexural psoriasis
Treatment Outlook (Revenue, USD million; 2017-2027)
Topical therapy
Oral
Injections
Biologics
Natural supplements
Phototherapy
End Use Outlook (Revenue, USD million; 2017-2027)
Hospitals
Specialty Clinics
Ambulatory Care Centers
Research Organizations
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The North America Pediatric psoriasis market is anticipated to dominate the in the global market. Increasing awareness of the disease and favorable research funding scenario and government initiatives, and high medical reimbursement facilities are the major driving factors for the growth of this market.
Regional Analysis
In 2019, the North America region held a significant market share due to the increased demand for pediatric psoriasis treatment. It is expected to have a high application rate since topical treatment is the first line of therapy for the disease.
In market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Asia Pacific region is projected to hold a significant share in the pediatric psoriasis market over the forecast timeframe. The region is projected to expand faster due to increasing technological advancements and powerful infrastructural improvements in the healthcare sector, increasing awareness of the early diagnosis of the disease, and investments in research and development initiatives.
There have been continuous improvements in the healthcare industry, and market dynamics in countries like South Africa, Brazil, the UAE, the United Kingdom, Germany, and France are continuously changing, opening doors for the pediatric psoriasis market.
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Pediatric psoriasis Segmentation & Impact Analysis
4.1. Pediatric psoriasis Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market Indicators Analysis
4.2.2. Market Drivers Analysis
4.2.2.1. Increasing Adoption of first line therapies.
4.2.2.2. Rising R&D activities in the Pediatric psoriasis
4.2.2.3. Changing Approach Towards Therapeutics
4.2.2.4. New product development
4.2.3. Market Restraints Analysis
4.2.3.1. Stringent Regulations
4.2.3.2. Expensive treatment and R&D
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Pediatric psoriasis Market, By Type Insights & Trends
5.1. Pediatric psoriasis Type Dynamics & Market Share, 2019 & 2027
5.1.1. Plaque psoriasis
5.1.2. Guttate psoriasis
5.1.3. Pustular psoriasis
5.1.4. Inverse psoriasis
5.1.5. Erythrodermic psoriasis
5.1.6. Others
Chapter 6. Pediatric psoriasis Market, By treatment Insights & Trends
6.1. Pediatric psoriasis treatment Dynamics & Market Share, 2019 & 2027
6.1.1. Topical therapy
6.1.2. Injections
6.1.3. Biologics
6.1.4. Natural supplements
6.1.5. Phototherapy
Continue…!
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Pediatric Psoriasis Market 2020 Overview, Merger and Acquisitions, Drivers, Restraints and Industry Forecast by 2027
Pediatric Psoriasis Market Size – USD 9.76 billion in 2019, Pediatric Psoriasis Market Growth - CAGR of 10.3%, Pediatric Psoriasis Industry Trends – Growing demand for biologics and natural remedies for child psoriasis, rising concern towards juvenile psoriasis, increased R&D investments are drivers leading to the growth of Pediatric psoriasis Market