Market revenue in 2023 | USD 246.6 million |
Market revenue in 2030 | USD 369.4 million |
Growth rate | 5.9% (CAGR from 2023 to 2030) |
Largest segment | Prostacyclin and prostacyclin analogs |
Fastest growing segment | PDE-5 Inhibitors |
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 47.36% in 2023. Horizon Databook has segmented the Japan 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.
Japan holds a considerable share of the Asian PAH market. It has a relatively high geriatric population. A shift toward western diet and lifestyle has increased the incidence of coronary diseases, leading to higher market demand.
With a high healthcare expenditure, Japan’s healthcare system is witnessing a transition, expanding the service portfolio from preventive care to nursing care in disease management. The “21st-century type social security scheme” is expected to open more avenues for the Japanese PAH market.
Thus, the Japanese market is anticipated to account for around 21.7% of the market share of the overall Asia Pacific PAH market in 2020. According to European Respiratory Journal, prevalence of PAH in the country was estimated to be around 15.6 per million in 2017. The gender ratio was 1:2.17 for males: females, reflecting predominance of women.
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