UAE Branded Generics Market Size & Outlook, 2021-2030
UAE branded generics market, 2018-2030 (US$M)
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UAE branded generics market highlights
- The UAE branded generics market generated a revenue of USD 1.4 billion in 2021 and is expected to reach USD 2.3 billion by 2030.
- The UAE market is expected to grow at a CAGR of 5.8% 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 1.4 billion |
| Market revenue in 2030 | USD 2.3 billion |
| Growth rate | 5.8% (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, UAE accounted for 0.6% 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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UAE 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 14.29% in 2021. Horizon Databook has segmented the UAE 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.
Increasing prevalence of chronic diseases and improvements in healthcare infrastructure are factors anticipated to drive the market growth. Moreover, changes in the regulatory framework of the country provided the opportunity to local players in the market.
In October 2019, VPS Healthcare announced a manufacturing agreement with Apotex Inc. for production of nine generic products for indications such as Lou Gehrig’s disease, hepatitis B, multidrug-resistant bacterial infections, and seizures, among others, for export to North American Market.
The government of UAE is advancing the healthcare infrastructure, which may bridge the gap in health care facilities for providing various treatments to patients. In 2014, the government passed a bill mandating healthcare insurance for UAE citizens.
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Target buyers of UAE 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 country-level data and insights on the UAE branded generics market , including forecasts for subscribers. This country databook contains high-level insights into UAE branded generics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE branded generics market size, by drug class, 2018-2030 (US$M)
UAE Branded Generics Market Outlook Share, 2021 & 2030 (US$M)
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