Middle East & Africa Branded Generics Market Size & Outlook
Middle East & Africa branded generics market, 2018-2030 (US$M)
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MEA branded generics market highlights
- The MEA branded generics market generated a revenue of USD 19.7 billion in 2021.
- The market is expected to grow at a CAGR of 5.4% from 2022 to 2030.
- In terms of segment, anti-hypertensive was the largest revenue generating drug class in 2021.
- Hormones is the most lucrative drug class segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2022 to 2030.
MEA data book summary
| Market revenue in 2021 | USD 19.7 billion |
| Market revenue in 2030 | USD 31.6 billion |
| Growth rate | 5.4% (CAGR from 2021 to 2030) |
| Largest segment | Anti-hypertensive |
| Fastest growing segment | Hormones |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Alkylating Agents, Antimetabolites, Hormones, Anti-hypertensive, Lipid Lowering drugs, Anti-depressants, Anti-psychotics, Anti-epileptics |
| Key market players worldwide | Teva Pharmaceutical Industries Ltd, Lupin, Sanofi SA, Sun Pharmaceutical Industries, Dr. Reddy’s Laboratories, GlaxoSmithKline, Pfizer Inc, Apotex Inc., Viatris Inc |
Other key industry trends
- In terms of revenue, MEA region accounted for 8.6% of the global branded generics market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 188.0 billion by 2030.
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Branded Generics Market Scope
Branded Generics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa branded generics 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 branded generics market will help companies and investors design strategic landscapes.
Anti-hypertensive was the largest segment with a revenue share of 15.74% in 2021. Horizon Databook has segmented the Middle East & Africa branded generics market based on alkylating agents, antimetabolites, hormones, anti-hypertensive, lipid lowering drugs, anti-depressants, anti-psychotics, anti-epileptics covering the revenue growth of each sub-segment from 2018 to 2030.
Considerable increase in the prevalence of chronic and infectious diseases in the African region due to low living standards, unhealthy diet, and industrial & agricultural pollution, has led to an increase in the need for cheaper generic treatment.
Moreover, the ongoing development of healthcare infrastructure is providing ample opportunities to support market growth. The pricing policies in Saudi Arabia and regulatory framework reforms may further contribute to market growth by creating growth opportunities for local players.
A greater proportion of people in African countries belong to the low-income group. Hence, the rise in demand for affordable substitutes coupled with availability of generic products is anticipated to drive the market.
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Target buyers of Middle East & Africa branded generics market databook
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Our clientele includes a mix of branded generics 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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa branded generics market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa branded generics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA branded generics market size, by country, 2018-2030 (US$M)
Middle East & Africa Branded Generics Market Outlook Share, 2021 & 2030 (US$M)
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