Argentina Psoriasis Treatment Market Outlook

psoriasis is an autoimmune skin condition that results in scaly, red lesions on the skin. it is estimated that over three million individuals in argentina suffer from psoriasis. for those with mild or moderate psoriasis, over-the-counter topical treatments are available. however, individuals with severe forms of the condition often require more intensive treatment. as the psoriasis market in argentina continues to grow, there is a rising demand for more effective treatments. in recent years, biologics have become increasingly popular. these drugs target specific aspects of the underlying mechanisms that cause psoriasis, thus offering more rapid and complete symptom relief. in addition, oral medications are also increasingly utilized as they are capable of targeting both acute and chronic forms of psoriasis. in 2018, the argentinian psoriasis treatment market was valued at approximately usd 240 million. this is expected to grow by over 6% in the next decade, reaching approximately usd 306 million by 2032. in terms of therapy areas, the segment of biologics is expected to exhibit the highest growth rate in the period between 2018 and 2032. moreover, there is a major shift in focus from conventional therapies to personalized therapy options. currently, only a limited number of specialty treatments are available in argentina, such as light therapy and biologic treatments. however, with increasing awareness about personalized treatment approaches, more therapies tailored to the individual are likely to become available in the near future. lastly, the increased demand for psoriasis treatments in terms of products, services and therapies has encouraged the entry of numerous international players in the market. this has further stimulated the growth of the argentinian psoriasis treatment market. furthermore, the rising awareness among people about the different psoriasis medications and treatments will further drive the market growth in the coming years.