Middle East & Africa Topical Drugs Market Size & Outlook
Middle East & Africa topical drugs market, 2018-2030 (US$M)
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MEA topical drugs market highlights
- The MEA topical drugs market generated a revenue of USD 3,438.9 million in 2021.
- The market is expected to grow at a CAGR of 7.7% from 2022 to 2030.
- In terms of segment, dermal drug delivery was the largest revenue generating route of administration in 2021.
- Dermal Drug Delivery is the most lucrative route of administration segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2022 to 2030.
MEA data book summary
| Market revenue in 2021 | USD 3,438.9 million |
| Market revenue in 2030 | USD 6,708.0 million |
| Growth rate | 7.7% (CAGR from 2021 to 2030) |
| Largest segment | Dermal drug delivery |
| Fastest growing segment | Dermal Drug Delivery |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dermal Drug Delivery, Ophthalmic Drug Delivery, Rectal Drug Delivery, Vaginal Drug Delivery, Nasal Drug Delivery |
| Key market players worldwide | Bayer AG, Cipla Ltd DR, GSK PLC ADR, Johnson & Johnson, Novartis AG ADR, Bausch Health Companies Inc, Hisamitsu Pharmaceutical Co Inc, Merck & Co Inc, Glenmark Pharmaceuticals, MedPharm |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.1% of the global topical drugs market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 87,879.0 million by 2030.
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Topical Drugs Market Scope
Topical Drugs Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa topical drugs 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 topical drugs market will help companies and investors design strategic landscapes.
Dermal drug delivery was the largest segment with a revenue share of 53.71% in 2024. Horizon Databook has segmented the Middle East & Africa topical drugs market based on dermal drug delivery, ophthalmic drug delivery, rectal drug delivery, vaginal drug delivery, nasal drug delivery covering the revenue growth of each sub-segment from 2018 to 2030.
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Middle East & Africa topical drugs market databook
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Our clientele includes a mix of topical drugs 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 continent-level data and insights on the Middle East & Africa topical drugs market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa topical drugs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA topical drugs market report size, by country, 2018-2030 (US$M)
Middle East & Africa Topical Drugs Market Outlook Share, 2024 & 2030 (US$M)
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