The significant rise in lifestyle-related diseases and the
developments in healthcare infrastructure are expected to influence
the demand for pharmaceuticals in Saudi Arabia. In 2016, the Saudi
Arabia pharmaceutical market is anticipated to procure value worth
US$ 5,209.5 Mn at a y-o-y growth of 6.0 % over 2015. The mounting
demand for branded drug products will continue to incite the growth
of the Saudi Arabian pharmaceutical market in 2016.
On the basis of product type, the market has been segmented into
prescription products and over-the-counter (OTC) products.
Prescription products segment is further sub-segmented into branded
drugs and generic drugs. Branded drugs product type sub-segment is
expected to exhibit highest growth over the forecast period as
compared to other segments. Generic drugs sub-segment is expected to
exhibit stable growth during the forecast period. This is mainly
attributed to emergence of health insurance companies, which is a
factor expected to result in lowering cost of treatment by
encouraging healthcare providers to prescribe generic drugs
On the basis of disease, the market has been segmented into
cardiovascular diseases, diabetes, cancer, obesity, infectious
diseases and other diseases. Cardiovascular disease segment is
expected to exhibit highest growth among these segments over the
forecast period, followed by the diabetes segment. Obesity segment is
expected to exhibit significant growth owing to rising comorbidities
such as cardiovascular diseases and diabetes.
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On the basis of distribution channel, the market has been segmented
into hospital pharmacies and retail pharmacies. Retail pharmacies
segment accounts for highest revenue share in the Saudi Arabia
pharmaceutical market currently, followed by the hospital pharmacies
segment. Increasing modernized and westernised retail pharmacies and
availability of wide variety of products is driving growth of retail
pharmacies in the Saudi Arabia pharmaceutical market
Summary of Table of Content
1. Research Methodology
2. Assumptions & Acronyms
3. Executive Summary
4. Saudi Arabia Pharmaceutical Market Overview
5. Saudi Arabia Pharmaceutical Market-Healthcare Indicators
6. Market Dynamics
7. Saudi Arabia Pharmaceuticals Market, By Product Type
8. Saudi Arabia Pharmaceuticals Market, By Disease Type
9. Saudi Arabia Pharmaceuticals Market, By Distribution Channel
10. Competition Landscape
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