Market revenue in 2023 | USD 121.3 million |
Market revenue in 2030 | USD 186.7 million |
Growth rate | 6.4% (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 47.24% in 2023. Horizon Databook has segmented the Saudi Arabia 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.
Saudi Arabia PAH market is anticipated to grow at a lucrative growth during the forecast period. Saudi Arabia is a developing nation and is receiving help from countries such as the U.S., and Canada, to provide primary care to patients of all age groups.
The government-encouraged initiatives and development of pulmonary patient welfare legislation. The Saudi Arabian Association for Pulmonary Hypertension is taking initiatives for spreading awareness in order to curb the diseases burden.
For instance, collaborating with the Pulmonary Vascular Research Institute in 2018 had helped in introducing physicians in the North African and Middle East countries to the world experts in the field of pulmonary arterial hypertension and to the advanced development in understanding and managing PAH.
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