South Africa Branded Generics Market Size & Outlook
South Africa branded generics market, 2018-2030 (US$M)
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South Africa branded generics market highlights
- The South Africa branded generics market generated a revenue of USD 7.3 billion in 2021 and is expected to reach USD 11.9 billion by 2030.
- The South Africa market is expected to grow at a CAGR of 5.6% 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.
Branded generics market data book summary
| Market revenue in 2021 | USD 7.3 billion |
| Market revenue in 2030 | USD 11.9 billion |
| Growth rate | 5.6% (CAGR from 2021 to 2030) |
| Largest segment | Anti-hypertensive |
| Fastest growing segment | Hormones |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 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, South Africa accounted for 3.2% of the global branded generics market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa branded generics market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 2.3 billion by 2030.
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Branded Generics Market Scope
Branded Generics Market Companies
| Name | Profile | # Employees | HQ | Website |
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South 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 15.07% in 2021. Horizon Databook has segmented the South 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.
South Africa branded generics market is expected to witness slow growth due to poor healthcare infrastructure and low generic penetration. According to WHO, prescription drugs represent 70% of the total pharmaceutical market in South Africa, and the remaining is OTC.
In addition, according to an NCBI article, generic drugs have low adoption, and branded drugs dominate the market. This can be attributed to factors such as false perception about generic medicines among the individuals, related to their quality & effectiveness, and limited availability of generics in the market. All these factors could hamper the market growth over the forecast period.
According to a report in 2019, around 84% of the citizens have no medical insurance, which accounts for 58.8 million people, and they rely on public health system that has few doctors and rundown facilities, resulting in delayed or inadequate treatment.
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Our clientele includes a mix of branded generics market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa branded generics market , including forecasts for subscribers. This country databook contains high-level insights into South Africa branded generics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa branded generics market size, by drug class, 2018-2030 (US$M)
South Africa Branded Generics Market Outlook Share, 2021 & 2030 (US$M)
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