Saudi Arabia Atopic Dermatitis Drugs Market Size & Outlook
Saudi Arabia atopic dermatitis drugs market, 2017-2028 (US$M)
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Saudi Arabia atopic dermatitis drugs market highlights
- The Saudi Arabia atopic dermatitis drugs market generated a revenue of USD 48.2 million in 2020 and is expected to reach USD 102.8 million by 2028.
- The Saudi Arabia market is expected to grow at a CAGR of 9.9% from 2021 to 2028.
- In terms of segment, oral was the largest revenue generating administration in 2020.
- Injectable is the most lucrative administration segment registering the fastest growth during the forecast period.
Atopic dermatitis drugs market data book summary
| Market revenue in 2020 | USD 48.2 million |
| Market revenue in 2028 | USD 102.8 million |
| Growth rate | 9.9% (CAGR from 2020 to 2028) |
| Largest segment | Oral |
| Fastest growing segment | Injectable |
| Historical data | 2017 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Topical, Injectable, Oral |
| Key market players worldwide | Pfizer Inc, Sanofi SA, AbbVie Inc, Galderma Group AG Registered Shares, Eli Lilly and Co, Regeneron Pharmaceuticals Inc, Otsuka Holdings Co Ltd, Novartis AG ADR, Incyte Corp, LEO Pharma |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.4% of the global atopic dermatitis drugs market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Middle East & Africa, South Africa atopic dermatitis drugs market is projected to lead the regional market in terms of revenue in 2028.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 123.7 million by 2028.
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Atopic Dermatitis Drugs Market Scope
Atopic Dermatitis Drugs Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia atopic dermatitis drugs 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 atopic dermatitis drugs market will help companies and investors design strategic landscapes.
Oral was the largest segment with a revenue share of 40.25% in 2020. Horizon Databook has segmented the Saudi Arabia atopic dermatitis drugs market based on topical, injectable, oral covering the revenue growth of each sub-segment from 2017 to 2028.
High unmet clinical needs, rise in disposable incomes, and increase in government expenditure on healthcare are creating opportunities for growth of the atopic dermatitis drugs market in Saudi Arabia. As per the Dermatology and Therapy Journal, in 2019, the prevalence of atopic dermatitis is highly variable in urban and rural regions of Saudi Arabia.
The desert-based geography of the country is resulting in the high rate of atopic dermatitis, as low humidity and high temperatures can increase dryness of the skin. Furthermore, as per Springer Journal, in 2019, the quality of life of patients is associated with severity of the disease.
For instance, 66.4% of patients had a moderate quality of life, while 30% had a low quality of life. This indicates higher prevalence of disease in moderate and low-income groups, creating a gap in the need for low-priced atopic dermatitis treatments.
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Our clientele includes a mix of atopic dermatitis drugs market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia atopic dermatitis drugs market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia atopic dermatitis drugs market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
Saudi Arabia atopic dermatitis drugs market size, by administration, 2017-2028 (US$M)
Saudi Arabia Atopic Dermatitis Drugs Market Outlook Share, 2020 & 2028 (US$M)
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