Market revenue in 2023 | USD 210.0 million |
Market revenue in 2030 | USD 304.5 million |
Growth rate | 5.5% (CAGR from 2023 to 2030) |
Largest segment | Prostacyclin and prostacyclin analogs |
Fastest growing segment | SGC Stimulators |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Endothelin Receptor Antagonists (ERAs), PDE-5 Inhibitors, Prostacyclin and Prostacyclin Analogs, SGC Stimulators |
Key market players worldwide | United Therapeutics Corp, Bayer AG, Gilead Sciences Inc, Johnson & Johnson, Viatris Inc, GlaxoSmithKline, Sandoz Group AG ADR, Lupin, Sun Pharmaceutical Industries, Teva Pharmaceutical Industries Ltd |
Prostacyclin and prostacyclin analogs was the largest segment with a revenue share of 47.76% in 2023. Horizon Databook has segmented the Brazil pulmonary arterial hypertension market based on endothelin receptor antagonists (eras), pde-5 inhibitors, prostacyclin and prostacyclin analogs, sgc stimulators covering the revenue growth of each sub-segment from 2018 to 2030.
Latin American PAH market is expected to show an upward shift over the forecast period owing to increasing reforms in the healthcare industry in this region. Rising incidence of chronic pulmonary diseases is a factor driving market growth.
Growing healthcare expenditure by the government is expected to play a positive role in influencing market progress. Furthermore, the market growth is attributed to Sistema Único de Saúde (SUS), the public health system, which covers health insurance for all citizens in Brazil.
Owing to the prevalence of infectious diseases, moderate standards of living is comparatively high in the country, which demands for better diagnostic and treatment. As stated by Brazil’s Ministry of Health, approximately 13 million Brazilians are suffering from rare diseases.
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