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Psoriatic Arthritis Treatment Market Analysis & Forecast: 2025-2032

Psoriatic Arthritis Treatment Market, By Drug Class (Biologics, Non-biologics, Combination Therapy), By Product Type (Prescription and Over The Counter (OTC)), By Route of Administration (Parenteral and Oral), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

  • Published In : 09 Jun, 2025
  • Code : CMI4624
  • Pages :260
  • Formats :
      Excel and PDF
  • Industry : Pharmaceutical
  • Historical Range: 2020 - 2024
  • Forecast Period: 2025 - 2032

Global Psoriatic Arthritis Treatment Market Size and Trends

Global psoriatic arthritis treatment market size is estimated at USD 12.19 Bn in 2025 and is expected to reach USD 23.47 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 9.8% from 2025 to 2032.

Key Takeaways of the Global Psoriatic Arthritis Treatment Market

  • In terms of drug class, the biologics segment is estimated to contribute the highest market share of 50. 5% in 2025.
  • In terms of product type, the prescription segment is estimated to contribute the highest market share of 54. 5% in 2025.
  • In terms of route of administration, the parenteral segment is estimated to contribute the highest market share of 63. 5% in 2025.
  • North America has established itself as the dominant player in the global psoriatic arthritis treatment market with an estimated market share of 40. 7% in 2025.

Market Overview

Global psoriatic arthritis treatment market growth is driven by rising prevalence of psoriatic arthritis across the world. Technological advancements in diagnosis and treatment of psoriatic arthritis have led to the development of newer drug classes such as interleukin inhibitors, which have improved clinical outcomes and quality of life of patients. However, high costs associated with biologic drugs for psoriatic arthritis treatment and patent expiries of blockbuster drugs can hamper the market growth.

Psoriatic Arthritis Treatment Market key Factors

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Market Driver - Rising prevalence of psoriatic arthritis

According to the latest available estimates, nearly 30 million people worldwide suffer from psoriasis. Out of which, approximately 30% of patients suffer from psoriatic arthritis (PsA). Most physicians earlier assumed PsA to be a minor issue or a precursor to psoriasis but now clearly recognize it as a chronic inflammatory disease requiring long term treatment approach.

Population based studies show that nearly 50% of patients experience PsA onset before psoriasis, indicating delayed diagnosis is often the case. Even in developed markets, many patients have undiagnosed PsA for years, which has caused permanent joint damage by the time it was detected. Growing health impacts of PsA in terms of physical disability, impaired body functions, and mental health issues compel patients to seek treatment options.

Market Concentration and Competitive Landscape

Psoriatic Arthritis Treatment Market Concentration By Players

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Current Events and their Impact

Current Events

Description and its impact

 

  Regulatory Approvals and Drug Launches

 

 

 

  • Description: The FDA recently approved BIMZELX (bimekizumab) for PsA, nr-axSpA, and AS in the U.S., while the EMA approved Sotyktu (deucravacitinib) for PsA in Europe. These introduce new treatment options for patients.
  • Impact: BIMZELX's approval will intensify competition among IL-17/23 inhibitors and boost UCB's revenue. Sotyktu European approval will accelerate TYK2 inhibitor adoption, shifting oral therapy preferences and pressuring TNF-inhibitor market share.

 

 Clinical Trial Advancements

  • Description: Recent clinical trials have yielded positive results: Sotyktu (deucravacitinib) showed strong efficacy in Phase 3 PsA trials, and a meta-analysis further confirmed the effectiveness of IL-23 inhibitors.
  • Impact: The confirmed efficacy of IL-23 inhibitors will likely spur increased R&D investment in these targeted biologic pathways, potentially leading to a decreased focus on TNF-α therapies.

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Impact of AI on Global Psoriatic Arthritis Treatment Market

  • AI is transforming psoriatic arthritis (PsA) treatment by accelerating diagnoses and personalizing therapies, exemplified by initiatives like iPROPLEPSIS that use machine learning with wearable devices and mobile health apps.
  • Predictive modeling, such as Tel Aviv University's PredictAI, significantly reduces diagnostic delays for PsA by identifying key markers from electronic health records, achieving 89% accuracy in flagging high-risk patients 18-24 months in advance.
  • AI-powered patient management solutions, like ArtiMetrix's virtual assistant, optimize treatment by predicting biologic DMARD effectiveness with 82% accuracy, leading to higher remission rates and reduced medication costs.

Market Trends

Diverse Therapies & Strong Pipeline

The psoriatic arthritis treatment market is gaining serious momentum, largely due to a rise in diagnoses and the steady introduction of targeted therapies. There's a noticeable uptick in innovation, especially with selective TYK2 inhibitors and next-gen IL-17 inhibitors making their way through clinical trials. These newer drugs are designed to offer more tailored treatment, particularly for patients who haven’t responded well to existing options.

A good example is Bristol Myers Squibb’s Sotyktu, a TYK2 inhibitor that showed strong results in a Phase 3 trial. It not only met its endpoints but outperformed existing treatments, which makes it a promising new oral option for PsA patients looking for something more effective.

Biosimilar Surge & Affordability Focus

A major game-changer is the rise of biosimilars. As patents expire on existing biologic drugs, many lower-cost biosimilar versions are entering the market. This creates fierce competition, pushing down prices, and making advanced therapies more accessible. The focus is shifting towards providing effective, yet affordable, and treatment options.

Market Opportunity - Development of Biosimilars

Global psoriatic arthritis treatment market can offer growth opportunities due to the development of biosimilar drugs. Biosimilars are essentially cheaper generic versions of original patented biologics whose patents have expired. With patents of some major blockbuster biologics like Humira, Remicade, and Enbrel expiring in the next few years, numerous pharma companies are in the race to develop high quality biosimilars for these drugs.

Increased adoption of such lower-cost biosimilars can enhance affordability and accessibility of biologic treatment regimens for psoriatic arthritis patients globally. It will also offer pharma companies an attractive revenue opportunity in the market. 

Segment Analysis

Psoriatic Arthritis Treatment Market by Drug Class

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Global Psoriatic Arthritis Treatment Market Insights by Drug Class

In terms of drug class, the biologics segment is estimated to contribute the highest market share of 50.5% in 2025, owing to their targeted approach. Biologics such as tumor necrosis factor (TNF) inhibitors directly target specific components of the immune system associated with psoriatic arthritis, offering more effective relief of symptoms compared to traditional non-biologics.

 As the pathophysiology of psoriatic arthritis becomes better understood, biologics that block cytokines like TNF, interleukin-17 (IL-17), and interleukin-23 (IL-23) have revolutionized treatment. Patients and physicians alike recognize that biologics provide superior clinical efficacy in relieving pain, swelling, and stiffness with many able to achieve disease remission. 

Global Psoriatic Arthritis Treatment Market Insights by Product Type

In terms of product type, the prescription segment is estimated to contribute the highest market share of 54.5% in 2025. Unlike over-the-counter (OTC) alternatives, prescription medications for psoriatic arthritis directly target underlying disease mechanisms, offering patients more effective symptom relief.

Prescriptions can be tailored to an individual's condition severity and medical history to optimize therapy based on a provider's expertise. Prescription fill data further enables healthcare professionals to monitor patients, identify any lapses in compliance, and adjust treatment plans accordingly. Convenient characteristics like syncing prescription refills with other medications support compliance.

Global Psoriatic Arthritis Treatment Market Insights by Route of Administration

In terms of route of administration, the parenteral segment is estimated to contribute the highest market share of 63.5% in 2025, owing to benefits over oral delivery. Biologic drugs that suppress inflammation through targeted cytokine inhibition have revolutionized treatment but require injection or infusion administration.

Injection sites can be rotated to minimize discomfort or irritation at any one location over time. Reimbursement programs and specialty pharmacy services also help manage costs and support needs for parenteral biologics over the long-term. These collective advantages of the parenteral administration route drive its market share dominance for treating psoriatic arthritis, especially as biologics become standard first-line therapies.

Incidence and Epidemiology

  • The global prevalence of Psoriatic Arthritis (PsA) varies significantly, from 0.06% to 1.0%, largely influenced by geographic and genetic factors, with higher rates observed in North America and Europe.
  • According to a comprehensive meta-analysis published in April 2024, psoriatic arthritis (PsA) affects 112 out of every 100,000 adults globally, with higher rates observed in Europe and North America than in Asia and Latin America.
  • While PsA is not directly fatal, it substantially increases the risk of mortality due to associated conditions like cardiovascular disease, leading to a reduced life expectancy. 

Market Report Scope

Psoriatic Arthritis Treatment Market Report Coverage

Report Coverage Details
Base Year: 2024 Market Size in 2025: USD 12.19 Bn
Historical Data for: 2020 To 2024 Forecast Period: 2025 To 2032
Forecast Period 2025 to 2032 CAGR: 9.8% 2032 Value Projection: USD 23.47 Bn
Geographies covered:
  • North America: U.S., and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC Countries, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa
Segments covered:
  • By Drug Class: Biologics, Non-biologics, Combination Therapy
  • By Product Type: Prescription and Over The Counter (OTC)
  • By Route of Administration: Parenteral and Oral
  • By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies 
Companies covered:

Medtronic, Johnson & Johnson (DePuy Synthes), Zimmer Biomet, Stryker, Xtant Medical, RTI Surgical, SeaSpine, Arthrex, HansBioMed, Exactech, Wright Medical Group, Bioventus, Integra LifeSciences, AlloSource, Medline Industries, Osiris Therapeutics, Acelity, Orthofix, MTF Biologics, Cerapedics

Growth Drivers:
  • Rising prevalence of psoriatic arthritis
  • Increasing R&D investments by key players
Restraints & Challenges:
  • High treatment costs
  • Lack of awareness about psoriatic arthritis

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Global Psoriatic Arthritis Treatment Industry News

  • On May 22, 2025, Bio-Thera Solutions and Hikma Pharmaceuticals announced U.S. FDA approval for Starjemza (ustekinumab-hmny), an eighth biosimilar to Stelara
  • In May 2025, Biocon Biologics announced that its commercial partner in Japan, Yoshindo Inc., launched Ustekinumab BS Subcutaneous Injection [YD], a biosimilar to Stelara (ustekinumab). Biocon Biologics had already launched Ustekinumab in the U.S. and Europe in February 2025.
  • In March 2025, Bristol Myers Squibb presented detailed data from its POETYK PsA-2 trial at the American Academy of Dermatology (AAD) Annual Meeting in Orlando, U.S. The presentation demonstrated the superiority of Sotyktu (deucravacitinib), an oral selective TYK2 inhibitor, compared with placebo in adults with psoriatic arthritis.
  • In March 2024, Acelyrin, Inc. announced promising results from its global phase 2b/3 clinical trial of izokibep, a small protein therapeutic targeting IL-17A, showing potential as a breakthrough treatment for psoriatic arthritis. Izokibep demonstrated exceptional potency, strong tissue penetration, and a prolonged half-life. The robust product pipeline and the expansion of treatment applications are expected to drive market growth.
  • In October 2023, Novartis announced that the FDA had approved an intravenous (IV) formulation of Cosentyx (secukinumab) for treating adults with psoriatic arthritis (PsA), ankylosing spondylitis (AS), and non-radiographic axial spondyloarthritis (nr-axSpA). This IV option, targeting interleukin-17A (IL-17A), is the only non-TNF-α IV treatment for these conditions.

Analyst View

  • The psoriatic arthritis treatment market stands at a critical inflection point where traditional approaches are being systematically dismantled by precision medicine advances
  • The treatment accessibility gap between developed and emerging markets isn't just a pricing issue but a strategic miscalculation. While pharmaceutical companies chase premium pricing in saturated Western markets, the real volume opportunities lie in Asia Pacific regions where early intervention could prevent long-term disability costs.
  • JAK inhibitors were positioned as the next revolution, yet their safety profile limitations have exposed the industry's tendency to oversell therapeutic potential. The FDA's black box warnings for JAK inhibitors reveal how regulatory bodies are becoming increasingly skeptical of incomplete safety data presented during accelerated approval processes. This regulatory tightening signals a fundamental shift that will eliminate the fast-track mentalities that have defined recent market dynamics.

Market Segmentation

  •  Drug Class Insights (Revenue, USD Bn, 2020 - 2032)
    • Biologics
    • Non-biologics
    • Combination Therapy
  •  Product Type Insights (Revenue, USD Bn, 2020 - 2032)
    • Prescription
    • Over-The-Counter (OTC)
  •  Route of Administration Insights (Revenue, USD Bn, 2020 - 2032)
    • Parenteral
    • Oral
  •  Distribution Channel Insights (Revenue, USD Bn, 2020 - 2032)
    • Hospital Pharmacies
    • Retail Pharmacies
    • Online Pharmacies
  • Regional Insights (Revenue, USD Bn, 2020 - 2032)
    • North America
      • U.S.
      • Canada
    • Latin America
      • Brazil
      • Argentina
      • Mexico
      • Rest of Latin America
    • Europe
      • Germany
      • U.K.
      • Spain
      • France
      • Italy
      • Russia
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • Australia
      • South Korea
      • ASEAN
      • Rest of Asia Pacific
    • Middle East
      • GCC Countries
      • Israel
      • Rest of Middle East
    • Africa
      • South Africa
      • North Africa
      • Central Africa
  • Key Players Insights
    • Medtronic
    • Johnson & Johnson (DePuy Synthes)
    • Zimmer Biomet
    • Stryker
    • Xtant Medical
    • RTI Surgical
    • SeaSpine
    • Arthrex
    • HansBioMed
    • Exactech
    • Wright Medical Group
    • Bioventus
    • Integra LifeSciences
    • AlloSource
    • Medline Industries
    • Osiris Therapeutics
    • Acelity
    • Orthofix
    • MTF Biologics
    • Cerapedics

Sources

Stakeholders:

  • Pharmaceutical Industry Executives
  • Rheumatologists and Dermatologists
  • Healthcare Policy Analysts
  • Patient Advocacy Group Representatives
  • Others

Magazines:

  • Pharmaceutical Technology Magazine
  • Rheumatology Advisor
  • The American Journal of Managed Care
  • Others

Journals:

  • The Journal of Rheumatology
  • Arthritis & Rheumatology
  • Clinical and Experimental Rheumatology
  • Others

Newspapers:

  • The Wall Street Journal (Healthcare Section)
  • Financial Times (Pharmaceutical Insights)
  • Reuters Health News
  • Others

Associations:

  • National Psoriasis Foundation (NPF)
  • American College of Rheumatology (ACR)
  • Global Healthy Living Foundation
  • Others

Public Domain Sources:

  • National Institutes of Health (NIH) Publications
  • World Health Organization (WHO) Reports
  • Centers for Disease Control and Prevention (CDC) Data
  • Others

Proprietary Elements:

  • CMI Data Analytics Tool
  • Proprietary CMI Existing Repository of Information for Last 8 Years

*Definition: Global Psoriatic Arthritis Treatment Market involves pharmaceutical and biopharmaceutical companies developing, manufacturing, and marketing drug therapies to treat psoriatic arthritis. It covers oral and injectable medications for reducing joint swelling and pain, slowing disease progression, and improving physical function in patients suffering from this chronic inflammatory arthritis condition. Major products in this market include tumor necrosis factor inhibitors, interleukin inhibitors, conventional systemic therapies, and biosimilars.

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About Author

Ghanshyam Shrivastava - With over 20 years of experience in the management consulting and research, Ghanshyam Shrivastava serves as a Principal Consultant, bringing extensive expertise in biologics and biosimilars. His primary expertise lies in areas such as market entry and expansion strategy, competitive intelligence, and strategic transformation across diversified portfolio of various drugs used for different therapeutic category and APIs. He excels at identifying key challenges faced by clients and providing robust solutions to enhance their strategic decision-making capabilities. His comprehensive understanding of the market ensures valuable contributions to research reports and business decisions.

Ghanshyam is a sought-after speaker at industry conferences and contributes to various publications on pharma industry.

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Frequently Asked Questions

The Psoriatic Arthritis Treatment Market is estimated to be valued at USD 12.19 Bn in 2025, and is expected to reach USD 23.47 Bn by 2032.

The CAGR of the Psoriatic Arthritis Treatment Market is projected to be 9.8% from 2025 to 2032.

Rising prevalence of psoriatic arthritis and increasing R&D investments by key players are the major factors driving the growth of the global psoriatic arthritis treatment market.

High treatment costs and lack of awareness about psoriatic arthritis are the major factors hampering the growth of the global psoriatic arthritis treatment market.

In terms of drug class, the non-biologics segment is estimated to dominate the market in 2025.

Medtronic, Johnson & Johnson (DePuy Synthes), Zimmer Biomet, Stryker, Xtant Medical, RTI Surgical, SeaSpine, Arthrex, HansBioMed, Exactech, Wright Medical Group, Bioventus, Integra LifeSciences, AlloSource, Medline Industries, Osiris Therapeutics, Acelity, Orthofix, MTF Biologics, and Cerapedics are the major players.

North America is expected to lead the global psoriatic arthritis treatment market in 2025.

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