Saudi Arabia Alzheimers Therapeutics Market Size & Outlook
Saudi Arabia alzheimers therapeutics market, 2018-2030 (US$M)
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Saudi Arabia alzheimers therapeutics market highlights
- The Saudi Arabia alzheimers therapeutics market generated a revenue of USD 16.3 million in 2022 and is expected to reach USD 42.1 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 12.6% from 2023 to 2030.
- In terms of segment, cholinesterase inhibitors was the largest revenue generating drug class in 2022.
- Combination Drugs is the most lucrative drug class segment registering the fastest growth during the forecast period.
Alzheimers therapeutics market data book summary
| Market revenue in 2022 | USD 16.3 million |
| Market revenue in 2030 | USD 42.1 million |
| Growth rate | 12.6% (CAGR from 2022 to 2030) |
| Largest segment | Cholinesterase inhibitors |
| Fastest growing segment | Combination Drugs |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cholinesterase inhibitors, NMDA Receptor Antagonist, Combination Drugs |
| Key market players worldwide | Eisai Co Ltd, Novartis AG ADR, AbbVie Inc, H. Lundbeck AS Class A, Biogen Inc, Roche Holding AG ADR, Daiichi Sankyo Co Ltd, Johnson & Johnson, AC Immune SA |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.4% of the global alzheimers therapeutics market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia alzheimers therapeutics market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 34.0 million by 2030.
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Alzheimers Therapeutics Market Scope
Alzheimers Therapeutics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia alzheimers therapeutics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to alzheimers therapeutics market will help companies and investors design strategic landscapes.
Cholinesterase inhibitors was the largest segment with a revenue share of 52.76% in 2022. Horizon Databook has segmented the Saudi Arabia alzheimers therapeutics market based on cholinesterase inhibitors, nmda receptor antagonist, combination drugs covering the revenue growth of each sub-segment from 2018 to 2030.
Increase in per capita healthcare expenditure and life expectancy in Saudi Arabia is expected to drive the Alzheimer’s therapeutics market in the coming years. According to Saudi Health Ministry, there were approximately 130 thousand people living with AD in the country in 2021.
Despite the high number of these patients, awareness about Alzheimer’s is relatively low. However, organizations like the Saudi Alzheimer’s Disease Association play a pivotal role in boosting AD awareness in the country.
The Ministry of Health and Saudi Alzheimer’s Association is focused on increasing awareness about the disease among patients and caregivers. The activities of these bodies include promotion of the services being extended to the patients and reduction in the risks of developing the condition by promotion of a healthy lifestyle.
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Our clientele includes a mix of alzheimers therapeutics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia alzheimers therapeutics market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia alzheimers therapeutics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia alzheimers therapeutics market size, by drug class, 2018-2030 (US$M)
Saudi Arabia Alzheimers Therapeutics Market Outlook Share, 2022 & 2030 (US$M)
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