Market revenue in 2023 | USD 2,772.0 million |
Market revenue in 2030 | USD 3,829.1 million |
Growth rate | 4.7% (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 47.47% in 2023. Horizon Databook has segmented the U.S. 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.
The U.S. is market leader in the PAH drugs, accounting for USD 2,772.17 Million in 2020 and anticipated to grow at a rate of 4.2% over the forecast period. Availability, of branded drugs in the U.S. coupled with supportive legislation for rare diseases and orphan drugs contributed remunerative growth of this region.
The Orphan Drug Act (ODA) 1983, and Rare Disease Act 2002 are the two most important acts that facilitate the ethical distribution and usage of orphan drugs. With the help of organizations such as the National Organization of Rare Disorders, the development of orphan drugs is promoted, which have a smaller market share.
Several companies are undertaking initiatives related to progress in the pulmonary arterial hypertension market. For instance, in June 2020, Bayer U.S. launched the Second Annual Pulmonary Hypertension Accelerated Bayer Awards to support, encourage, and recognize innovation in research in Pulmonary Hypertension (PH).
No credit card required*
Name | Profile | # Employees | HQ | Website |
---|
No related regions found.
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account