Growing Patent Expiration to Offer Lucrative Opportunities for Middle East & Africa Pulmonary Arterial Hypertension Market Growth During Forecast Period
Patent expiry permits generic drugs to enter the market and diversify product offerings. A few patented products are expected to become off-patent in the coming years, which is likely to provide an enormous opportunity for generic formulation companies. Many pharma companies such as finds Care Ratings are already working to develop the generic version of patented products. After patent expiration, generic versions of drugs can become available. While consumers benefit from low prices, losing patent protection can expose pharmaceutical companies to growing competition. Thus, patent expiration is expected to offer an opportunity for generic drug manufacturers to enter a new market. Hence, the growing patent expiration is expected to offer lucrative opportunities for the Middle East & Africa pulmonary arterial hypertension market growth in the coming years.Middle East & Africa Pulmonary Arterial Hypertension Market Overview
The Middle East & Africa pulmonary arterial hypertension market is segmented into the UAE, Saudi Arabia, South Africa, and the Rest of the Middle East & Africa. Saudi Arabia is expected to account for the largest market share during the forecasted period i.e., from 2022 to 2028. Saudi Arabia is estimated to register considerable pulmonary arterial hypertension market growth. Saudi Arabia is the largest economy in the Middle East, excelling in the growth of various research and development programs across the nation. The country is becoming well-known in the field of pharmaceutical manufacturing. Furthermore, Saudi Arabia is expected to positively impact the Middle East & Africa pulmonary arterial hypertension market due to various regulations and the high demand for PAH drugs in the country. Additionally, several organizations are increasing awareness and knowledge about PAH among the population of Saudi Arabia. For instance, Saudi Association for Pulmonary Hypertension (SAPH) is working to increase awareness among people and knowledge of pulmonary vascular diseases among medical professionals in Saudi Arabia. Further, the government of Saudi Arabia launched the Saudi Vision 2030 program to reduce oil dependence and diversify other sectors, including healthcare, which is leading to significant development in healthcare services and a high adoption rate of advanced medical technologies. Under Vision 2030, the Saudi Arabian Government plans to invest over US$ 65 billion to develop the healthcare infrastructure in the country by prioritizing local production of pharmaceuticals and medical devices. Thus, the increasing awareness about PAH and the launch of Saudi Vision 2030 is expected to fuel the growth of the Middle East & Africa pulmonary arterial hypertension market in Saudi Arabia in the coming years.Middle East & Africa Pulmonary Arterial Hypertension Market Revenue and Forecast to 2028 (US$ Billion)
Middle East & Africa Pulmonary Arterial Hypertension Market Segmentation
The Middle East & Africa pulmonary arterial hypertension market is segmented on the basis of drugs, type, route of administration, distribution channel, and country.- Based on drugs, the Middle East & Africa pulmonary arterial hypertension market is segmented into endothelin receptor antagonists (ERAs), prostacyclin and prostacyclin analogs, sGC stimulators, and pde-5 dipsticks. In 2022, the prostacyclin and prostacyclin analogs segment registered the largest share in the Middle East & Africa pulmonary arterial hypertension market.
- Based on type, the Middle East & Africa pulmonary arterial hypertension market is bifurcated into branded and generics. In 2022, the branded segment registered a larger share in the Middle East & Africa pulmonary arterial hypertension market.
- Based on route of administration, the Middle East & Africa pulmonary arterial hypertension market is segmented into oral, intravenous/subcutaneous, and inhalational. In 2022, the oral segment registered the largest share in the Middle East & Africa pulmonary arterial hypertension market.
- Based on distribution channel, the Middle East & Africa pulmonary arterial hypertension market is segmented into hospital pharmacies and clinics, online pharmacies, and retail pharmacies. In 2022, the hospital pharmacies and clinics segment registered the largest share in the Middle East & Africa pulmonary arterial hypertension market.
- Based on country, the Middle East & Africa pulmonary arterial hypertension market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. In 2022, Saudi Arabia registered the largest share in the Middle East & Africa pulmonary arterial hypertension market.
Table of Contents
1. Introduction1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 MEA Pulmonary Arterial Hypertension Market - By Drugs
1.3.2 MEA Pulmonary Arterial Hypertension Market - By Type
1.3.3 MEA Pulmonary Arterial Hypertension Market - By Route of Administration
1.3.4 MEA Pulmonary Arterial Hypertension Market - By Distribution Channel
1.3.5 MEA Pulmonary Arterial Hypertension Market - By Country
2. MEA Pulmonary Arterial Hypertension Market - Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA Pulmonary Arterial Hypertension Market - Market Landscape
4.1 Overview
4.2 MEA PEST Analysis
4.3 Experts Opinion
5. MEA Pulmonary Arterial Hypertension Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Incidence of Pulmonary Arterial Hypertension
5.2 Market Restraints
5.2.1 Side Effects of Drugs Used for Treatment of Pulmonary Arterial Hypertension
5.3 Market Opportunities
5.3.1 Availability of Generics at Affordable Costs Due to Growing Patent Expiration
5.4 Future Trend
5.4.1 Rising Clinical Trials for Drugs Development to Treat Pulmonary Arterial Hypertension
5.5 Impact analysis
6. Pulmonary Arterial Hypertension Market - MEA Analysis
6.1 MEA Pulmonary Arterial Hypertension Market Revenue Forecast and Analysis
7. MEA Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 - by Drugs
7.1 Overview
7.2 MEA Pulmonary Arterial Hypertension Market Revenue Share, by Drugs 2021 & 2028 (%)
7.3 Endothelin Receptor Antagonists (ERAs)
7.3.1 Overview
7.3.2 Endothelin Receptor Antagonists (ERAs): MEA Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Prostacyclin and Prostacyclin Analogs
7.4.1 Overview
7.4.2 Prostacyclin and Prostacyclin Analogs: MEA Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 (US$ Million)
7.5 SGC Stimulators
7.5.1 Overview
7.5.2 sGC Stimulators: MEA Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 (US$ Million)
7.6 Pde-5 Dipsticks
7.6.1 Overview
7.6.2 Pde-5 Dipsticks: MEA Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 (US$ Million)
8. MEA Pulmonary Arterial Hypertension Market Analysis and Forecasts to 2028 - by Type
8.1 Overview
8.2 MEA Pulmonary Arterial Hypertension Market, by Type 2021 & 2028 (%)
8.3 Branded
8.3.1 Overview
8.3.2 Branded: MEA Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Generics
8.4.1 Overview
8.4.2 Generics: MEA Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 (US$ Million)
9. MEA Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 - by Route of Administration
9.1 Overview
9.2 MEA Pulmonary Arterial Hypertension Market Revenue Share, by Route of Administration 2021 & 2028 (%)
9.3 Oral
9.3.1 Overview
9.3.2 Oral: MEA Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Intravenous/ Subcutaneous
9.4.1 Overview
9.4.2 Intravenous/ Subcutaneous: MEA Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 (US$ Million)
9.5 Inhalational
9.5.1 Overview
9.5.2 Inhalational: MEA Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 (US$ Million)
10. MEA Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 - by Distribution Channel
10.1 Overview
10.2 MEA Pulmonary Arterial Hypertension Market Revenue Share, by Distribution Channel 2021 & 2028 (%)
10.3 Hospital Pharmacies and Clinics
10.3.1 Overview
10.3.2 Hospital Pharmacies and Clinics: MEA Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 (US$ Million)
10.4 Online Pharmacies
10.4.1 Overview
10.4.2 Online Pharmacies: MEA Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 (US$ Million)
10.5 Retail Pharmacies
10.5.1 Overview
10.5.2 Retail Pharmacies: MEA Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 (US$ Million)
11. MEA Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 - Country Analysis
11.1 Overview
11.1.1 Middle East & Africa: Pulmonary Arterial Hypertension Market, by Country, 2021 & 2028 (%)
11.1.1.1 UAE: Pulmonary Arterial Hypertension Market Revenue and Forecasts to 2028 (US$ Million)
11.1.1.1.1 Overview
11.1.1.1.2 UAE: Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.3 UAE: Pulmonary Arterial Hypertension Market, by Drugs, 2019-2028 (US$ Million)
11.1.1.1.4 UAE: Pulmonary Arterial Hypertension Market, by Type, 2019-2028 (US$ Million)
11.1.1.1.5 UAE: Pulmonary Arterial Hypertension Market, by Route of Administration, 2019-2028 (US$ Million)
11.1.1.1.6 UAE: Pulmonary Arterial Hypertension Market, by Distribution Channel, 2019-2028 (US$ Million)
11.1.1.2 Saudi Arabia: Pulmonary Arterial Hypertension Market Revenue and Forecasts to 2028 (US$ Million)
11.1.1.2.1 Overview
11.1.1.2.2 Saudi Arabia: Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.3 Saudi Arabia: Pulmonary Arterial Hypertension Market, by Drugs, 2019-2028 (US$ Million)
11.1.1.2.4 Saudi Arabia: Pulmonary Arterial Hypertension Market, by Type, 2019-2028 (US$ Million)
11.1.1.2.5 Saudi Arabia: Pulmonary Arterial Hypertension Market, by Route of Administration, 2019-2028 (US$ Million)
11.1.1.2.6 Saudi Arabia: Pulmonary Arterial Hypertension Market, by Distribution Channel, 2019-2028 (US$ Million)
11.1.1.3 South Africa: Pulmonary Arterial Hypertension Market Revenue and Forecasts to 2028 (US$ Million)
11.1.1.3.1 Overview
11.1.1.3.2 South Africa: Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.3 South Africa: Pulmonary Arterial Hypertension Market, by Drugs, 2019-2028 (US$ Million)
11.1.1.3.4 South Africa: Pulmonary Arterial Hypertension Market, by Type, 2019-2028 (US$ Million)
11.1.1.3.5 South Africa: Pulmonary Arterial Hypertension Market, by Route of Administration, 2019-2028 (US$ Million)
11.1.1.3.6 South Africa: Pulmonary Arterial Hypertension Market, by Distribution Channel, 2019-2028 (US$ Million)
11.1.1.4 Rest of the MEA: Pulmonary Arterial Hypertension Market Revenue and Forecasts to 2028 (US$ Million)
11.1.1.4.1 Overview
11.1.1.4.2 Rest of the MEA: Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 (US$ Million)
11.1.1.4.3 Rest of the MEA: Pulmonary Arterial Hypertension Market, by Drugs, 2019-2028 (US$ Million)
11.1.1.4.4 Rest of the MEA: Pulmonary Arterial Hypertension Market, by Type, 2019-2028 (US$ Million)
11.1.1.4.5 Rest of the MEA: Pulmonary Arterial Hypertension Market, by Route of Administration, 2019-2028 (US$ Million)
11.1.1.4.6 Rest of the MEA: Pulmonary Arterial Hypertension Market, by Distribution Channel, 2019-2028 (US$ Million)
12. MEA Pulmonary Arterial Hypertension Market - Industry Landscape
12.1 Overview
12.2 Organic Developments
12.2.1 Overview
12.3 Inorganic Developments
12.3.1 Overview
13. Company Profiles
13.1 Johnson & Johnson
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Gilead Sciences Inc
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Bayer AG
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Novartis AG
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 GSK Plc
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Teva Pharmaceutical Industries Ltd
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Lupin Ltd
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Pfizer Inc
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
14. Appendix
14.1 About the Publisher
14.2 Glossary of Terms
List of Tables
Table 1 MEA Pulmonary Arterial Hypertension Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 2. UAE Pulmonary Arterial Hypertension Market, by Drugs - Revenue and Forecast to 2028 (US$ Million)
Table 3. UAE Pulmonary Arterial Hypertension Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 4. UAE Pulmonary Arterial Hypertension Market, by Route of Administration - Revenue and Forecast to 2028 (US$ Million)
Table 5. UAE Pulmonary Arterial Hypertension Market, by Distribution Channel - Revenue and Forecast to 2028 (US$ Million)
Table 6. Saudi Arabia Pulmonary Arterial Hypertension Market, by Drugs - Revenue and Forecast to 2028 (US$ Million)
Table 7. Saudi Arabia Pulmonary Arterial Hypertension Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 8. Saudi Arabia Pulmonary Arterial Hypertension Market, by Route of Administration - Revenue and Forecast to 2028 (US$ Million)
Table 9. Saudi Arabia Pulmonary Arterial Hypertension Market, by Distribution Channel - Revenue and Forecast to 2028 (US$ Million)
Table 10. South Africa Pulmonary Arterial Hypertension Market, by Drugs - Revenue and Forecast to 2028 (US$ Million)
Table 11. South Africa Pulmonary Arterial Hypertension Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 12. South Africa Pulmonary Arterial Hypertension Market, by Route of Administration - Revenue and Forecast to 2028 (US$ Million)
Table 13. South Africa Pulmonary Arterial Hypertension Market, by Distribution Channel - Revenue and Forecast to 2028 (US$ Million)
Table 14. Rest of the Middle East and Africa Pulmonary Arterial Hypertension Market, by Drugs - Revenue and Forecast to 2028 (US$ Million)
Table 15. Rest of the Middle East and Africa Pulmonary Arterial Hypertension Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 16. Rest of the MEA Pulmonary Arterial Hypertension Market, by Route of Administration - Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of the MEA Pulmonary Arterial Hypertension Market, by Distribution Channel - Revenue and Forecast to 2028 (US$ Million)
Table 18. Organic Developments in the MEA pulmonary arterial hypertension market
Table 19. Inorganic Developments in the MEA pulmonary arterial hypertension market
Table 20. Glossary of Terms
List of Figures
Figure 1. MEA Pulmonary Arterial Hypertension Market Segmentation
Figure 2. MEA Pulmonary Arterial Hypertension Market - By Country
Figure 3. MEA Pulmonary Arterial Hypertension Market Overview
Figure 4. Prostacyclin and Prostacyclin Analogs Segment Held Largest Share by Drugs of the MEA Pulmonary Arterial Hypertension Market
Figure 5. Saudi Arabia to Show Significant Growth During Forecast Period
Figure 6. MEA: PEST Analysis
Figure 7. Experts Opinion
Figure 8. MEA Pulmonary Arterial Hypertension Market Impact Analysis of Drivers and Restraint
Figure 9. MEA Pulmonary Arterial Hypertension Market- Revenue Forecast and Analysis - 2020 - 2028
Figure 10. MEA Pulmonary Arterial Hypertension Market Revenue Share, by Drugs 2021 & 2028 (%)
Figure 11. Endothelin Receptor Antagonists (ERAs): MEA Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 (US$ Million)
Figure 12. Prostacyclin and Prostacyclin Analogs: MEA Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 (US$ Million)
Figure 13. sGC Stimulators: MEA Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 (US$ Million)
Figure 14. Pde-5 Dipsticks: MEA Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 (US$ Million)
Figure 15. MEA Pulmonary Arterial Hypertension Market, by Type 2021 & 2028 (%)
Figure 16. Branded: MEA Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 (US$ Million)
Figure 17. Generics: MEA Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 (US$ Million)
Figure 18. MEA Pulmonary Arterial Hypertension Market Revenue Share, by Route of Administration 2021 & 2028 (%)
Figure 19. Oral: MEA Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. Intravenous/ Subcutaneous: MEA Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 (US$ Million)
Figure 21. Inhalational: MEA Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 (US$ Million)
Figure 22. MEA Pulmonary Arterial Hypertension Market Revenue Share, by Distribution Channel 2021 & 2028 (%)
Figure 23. Hospital Pharmacies and Clinics: MEA Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. Online Pharmacies: MEA Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. Retail Pharmacies: MEA Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 (US$ Million)
Figure 26. Middle East & Africa: Pulmonary Arterial Hypertension Market, by Key Country - Revenue (2021) (US$ Million)
Figure 27. UAE: Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 (US$ Million)
Figure 28. Saudi Arabia: Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. South Africa: Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 (US$ Million)
Figure 30. Rest of the Middle East and Africa: Pulmonary Arterial Hypertension Market - Revenue and Forecast to 2028 (US$ Million)
Companies Mentioned
- Bayer AG
- Gilead Sciences Inc
- GSK Plc
- Johnson & Johnson
- Lupin Ltd
- Novartis AG
- Pfizer Inc
- Teva Pharmaceutical Industries Ltd
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 134 |
Published | February 2023 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 410.88 Million |
Forecasted Market Value ( USD | $ 535.74 Million |
Compound Annual Growth Rate | 4.5% |
Regions Covered | Africa, Middle East |
No. of Companies Mentioned | 8 |