Report ID: UCMIG35I2118
Report ID:
UCMIG35I2118 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Global Psoriasis Drugs Market was valued at USD 11.3 billion in 2016, and it is expected to grow at a compound annual growth rate (CAGR) of 9.4% during the forecast period. The market's growth is primarily driven by the increasing awareness of psoriasis treatment options and a growing demand for better healthcare infrastructure. Psoriasis is a genetic condition that can be triggered by both genetic and environmental factors. Certain lifestyle changes, such as increased alcohol consumption, smoking, an unhealthy diet, and sedentary living, can make people more susceptible to this condition.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Pharmaceuticals by segment aggregation, the contribution of the Pharmaceuticals in Pharmaceuticals, Biotechnology & Life Sciences and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG35I2118