Saudi Arabia Pharmacy Market Size & Outlook, 2024-2030
Saudi Arabia pharmacy market, 2018-2030 (US$M)
Related Markets
Saudi Arabia pharmacy market highlights
- The Saudi Arabia pharmacy market generated a revenue of USD 15,374.7 million in 2024 and is expected to reach USD 28,091.1 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 10.6% from 2025 to 2030.
- In terms of segment, prescription was the largest revenue generating product in 2024.
- OTC is the most lucrative product segment registering the fastest growth during the forecast period.
Pharmacy market data book summary
| Market revenue in 2024 | USD 15,374.7 million |
| Market revenue in 2030 | USD 28,091.1 million |
| Growth rate | 10.6% (CAGR from 2024 to 2030) |
| Largest segment | Prescription |
| Fastest growing segment | OTC |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Prescription, OTC |
| Key market players worldwide | CVS Health Corp, Walgreens Boots Alliance Inc, The Cigna Group, Walmart Inc, The Kroger Co, Rite Aid Corp, WELL Health Technologies Corp, Humana Inc |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.1% of the global pharmacy market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia pharmacy market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 12,842.6 million by 2030.
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Pharmacy Market Scope
Pharmacy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia pharmacy 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 pharmacy market will help companies and investors design strategic landscapes.
Prescription was the largest segment with a revenue share of 64.91% in 2024. Horizon Databook has segmented the Saudi Arabia pharmacy market based on prescription, otc covering the revenue growth of each sub-segment from 2018 to 2030.
- Saudi Arabia Pharmacy Product Outlook (Revenue, USD Million, 2018-2030)
- Prescription
- OTC
- Saudi Arabia Pharmacy Pharmacy Type Outlook (Revenue, USD Million, 2018-2030)
- Hospital Pharmacy
- ePharmacy
- Other Pharmacy Type
- Retail Pharmacy
- Chain
- Independent
- Other Retail Pharmacy
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Target buyers of Saudi Arabia pharmacy market databook
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Our clientele includes a mix of pharmacy 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 Saudi Arabia pharmacy market, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia pharmacy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Saudi Arabia pharmacy market size, by product, 2018-2030 (US$M)
Saudi Arabia Pharmacy Market Share, 2024 & 2030 (US$M)
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