Saudi Arabia Myasthenia Gravis Treatment Market Size & Outlook
Saudi Arabia myasthenia gravis treatment market, 2018-2032 (US$M)
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Saudi Arabia myasthenia gravis treatment market highlights
- The Saudi Arabia myasthenia gravis treatment market generated a revenue of USD 1.4 million in 2021 and is expected to reach USD 8.6 million by 2032.
- The Saudi Arabia market is expected to grow at a CAGR of 18% from 2022 to 2032.
- In terms of segment, chronic immunomodulators was the largest revenue generating treatment type in 2021.
- Monoclonal Antibodies is the most lucrative treatment type segment registering the fastest growth during the forecast period.
Myasthenia gravis treatment market data book summary
| Market revenue in 2021 | USD 1.4 million |
| Market revenue in 2032 | USD 8.6 million |
| Growth rate | 18% (CAGR from 2021 to 2032) |
| Largest segment | Chronic immunomodulators |
| Fastest growing segment | Monoclonal Antibodies |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2032 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cholinesterase Inhibitors, Chronic Immunomodulators, Monoclonal Antibodies, Rapid Immunotherapies, Thymectomy |
| Key market players worldwide | AstraZeneca PLC, Grifols SA Ordinary Shares - Class A, Avadel Pharmaceuticals PLC, Novartis AG ADR, Pfizer Inc, AbbVie Inc, Roche Holding AG, GlaxoSmithKline, Bausch Health Companies Inc, Takeda Pharmaceutical Co Ltd |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.1% of the global myasthenia gravis treatment market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2032.
- In Middle East & Africa, South Africa myasthenia gravis treatment market is projected to lead the regional market in terms of revenue in 2032.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 8.6 million by 2032.
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Myasthenia Gravis Treatment Market Scope
Myasthenia Gravis Treatment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia myasthenia gravis treatment 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 myasthenia gravis treatment market will help companies and investors design strategic landscapes.
Chronic immunomodulators was the largest segment with a revenue share of 28.57% in 2021. Horizon Databook has segmented the Saudi Arabia myasthenia gravis treatment market based on cholinesterase inhibitors, chronic immunomodulators, monoclonal antibodies, rapid immunotherapies, thymectomy covering the revenue growth of each sub-segment from 2018 to 2032.
According to a study published by NCBI, in Saudi Arabia, MG affects younger individuals more as compared to other racial groups and thymectomy confers substantial benefits toward achievement of remission.
Furthermore, according to a study published by BMC Neurology, in June 2020, in Saudi Arabia, the rate of depression in individuals suffering from MG is higher than that in primary care clinic patients and comparable to that reported in patients with MG in other countries.
The growth of Saudi Arabia myasthenia gravis treatment market can mainly be attributed to increasing government initiatives and investments to provide better diagnosis & treatment options for rare diseases in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia myasthenia gravis treatment market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia myasthenia gravis treatment market from 2018 to 2032, including revenue numbers, major trends, and company profiles.
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Saudi Arabia myasthenia gravis treatment market size, by treatment type, 2018-2032 (US$M)
Saudi Arabia Myasthenia Gravis Treatment Market Outlook Share, 2021 & 2032 (US$M)
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