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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Leading Players in the Middle East and Africa Generic Drugs Market
The key features of the market report include patent analysis, grants analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
- Teva Pharmaceutical Industries Ltd
- Viatris Inc.
- AstraZeneca
- Baxter
- GSK plc
- Bausch + Lomb
- Novartis AG
- Sanofi
- Pfizer Inc.
- Fresenius SE & Co. KGaA
- Hikma Pharmaceuticals PLC
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Middle East and Africa Generic Drugs Market Report Snapshots
Middle East and Africa Generic Drugs Market Size
Middle East and Africa Generic Drugs Market Analysis
Middle East and Africa Generic Drugs Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market attained a value of about USD 33 billion in 2024 driven by increasing healthcare needs and strategic partnerships in the region.
The market is anticipated to grow at a CAGR of 7.42% during the forecast period of 2025-2034, likely to reach a market value of USD 62.8 billion by 2034.
The rising burden of chronic diseases and the growing population size are fuelling the demand for the market.
One of the significant trends in the market is the increasing merger and acquisition activities among key market players. To gain entry into the South African market and strengthen its OTC drug offerings, Cipla Limited signed an agreement to acquire Actor Pharma (Pty) Ltd, a South African OTC and generic medicines pharmaceutical company in September 2023.
Based on the therapy area, the market is segmented into cardiovascular, dermatology, respiratory, oncology, and rheumatology, among others.
By route of administration, the market is divided into oral, injectables, dermal/topical, and inhalers, among others.
The distribution channels of the market are hospital pharmacies, retail pharmacies, and online pharmacies, among others.
The market segmentation by countries includes UAE, Saudi Arabia, and Egypt, among others.
The key players in the market are Teva Pharmaceutical Industries Ltd., Viatris Inc., AstraZeneca, Baxter, GSK plc, Bausch + Lomb, Novartis AG, Sanofi, Pfizer Inc., Fresenius SE & Co. KGaA, and Hikma Pharmaceuticals PLC.
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