Middle East & Africa Gastrointestinal Therapeutics Market Size & Outlook
Middle East & Africa gastrointestinal therapeutics market, 2018-2030 (US$M)
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MEA gastrointestinal therapeutics market highlights
- The MEA gastrointestinal therapeutics market generated a revenue of USD 1,463.0 million in 2022.
- The market is expected to grow at a CAGR of 4% from 2023 to 2030.
- In terms of segment, branded was the largest revenue generating drug type in 2022.
- Generics is the most lucrative drug type segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 1,463.0 million |
| Market revenue in 2030 | USD 1,999.2 million |
| Growth rate | 4% (CAGR from 2022 to 2030) |
| Largest segment | Branded |
| Fastest growing segment | Generics |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Branded, Generics |
| Key market players worldwide | AbbVie Inc, AstraZeneca PLC, Bausch Health Companies Inc, Takeda Pharmaceutical Co Ltd, Pfizer Inc, Bayer AG, Abbott Laboratories, Janssen Pharmaceuticals, Sun Pharmaceutical Industries, Cipla Ltd DR, Gilead Sciences Inc, Biogen Inc, Organon & Co Ordinary Shares |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.9% of the global gastrointestinal therapeutics market in 2022.
- Globally, North America 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 13,118.8 million by 2030.
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Gastrointestinal Therapeutics Market Scope
Gastrointestinal Therapeutics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa gastrointestinal 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 gastrointestinal therapeutics market will help companies and investors design strategic landscapes.
Branded was the largest segment with a revenue share of 64.15% in 2022. Horizon Databook has segmented the Middle East & Africa gastrointestinal therapeutics market based on branded, generics covering the revenue growth of each sub-segment from 2018 to 2030.
Key countries in the Middle East & African region include South Africa. Major countries in the Middle East region are technologically advanced and provide opportunities for market players to capture revenue in the region.
Gastrointestinal therapeutics market in this region is anticipated to show upward shift during the forecast period owing to high incidence of GI diseases coupled with rising awareness, thus leading to high clinical need to include effective management of these diseases.
The rising urgency can be attributed to inadequate treatment methods present over this region. Launch of new biosimilars in the region is one of the key factors anticipated to fuel market growth in the near future.
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Target buyers of Middle East & Africa gastrointestinal therapeutics market databook
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Our clientele includes a mix of gastrointestinal therapeutics 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 gastrointestinal therapeutics market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa gastrointestinal therapeutics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA gastrointestinal therapeutics market size, by country, 2018-2030 (US$M)
Middle East & Africa Gastrointestinal Therapeutics Market Share, 2022 & 2030 (US$M)
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