Pulmonary Arterial Hypertension Market – Industry Analysis and Forecast (2022-2029)

Pulmonary Arterial Hypertension Market size was valued at US$ 5.97 Bn in 2021 and the total revenue is expected to grow at 4.9 % through 2022 to 2029, reaching nearly US$ 8.76 Bn.

Pulmonary Arterial Hypertension Market Overview:

Pulmonary arterial hypertension is a life-threatening condition that develops with time, but therapies can alleviate symptoms and help a person live for a longer period of time with the disease more comfortably. It may require some forethought, but many individuals with it find ways to do everything they like, just as they did before they were diagnosed. A person suffering from pulmonary arterial hypertension has high blood pressure in arteries that pass from the heart to the lungs.Pulmonary Arterial Hypertension MarketTo know about the Research Methodology :- Request Free Sample Report

Pulmonary Arterial Hypertension Market Dynamics:

With the rising prevalence of PAH (pulmonary arterial hypertension), the expanding elderly population, and increased government funding for the development of orphan medicines, the market is anticipated to rise significantly over the forecast period. However, due to a variety of reasons, including an unhealthy lifestyle, lack of movement, rising HIV patients, excess consumption of smoking and alcohol/tobacco, and other idiopathic diseases, the prevalence of the factor of PAH has increased in recent years. Patients experiencing pulmonary arterial hypertension are more prone to developing COVID-19. As of August 2021, the incidence rate of COVID-19 infection in PAH patients was 2.1 cases per 1,000 patients, according to the American College of Cardiology. As a consequence, there was a spike in demand for PAH medications to treat COVID-19 infection. The market's expansion was supported through this demand. In Additions, major market players are investing a huge amount in new product launches and innovations to offer precise treatment options. For illustration, United Therapeutics licensed a Remunity pump for Remodulin to treat pulmonary arterial hypertension in February 2021. In comparison to current subcutaneous pump alternatives, this device is tiny, compact, and preloaded with medicine, leading to better results. Over the projected period, this is expected to have a significant impact on total market growth. Further, mergers and collaborations play an important role in market expansion.

Pulmonary Arterial Hypertension Market Segment Analysis:

The prostacyclin and prostacyclin analogs segment are anticipated to adhere to the growth of the Pulmonary Arterial Hypertension Market. The prostacyclin and prostacyclin analogs are estimated to dominate the growth of the pulmonary arterial hypertension market with the largest market share of 45% in 2021. The growth is attributed to the high demand for drugs and the proliferation of life-threatening diseases. The prostacyclin and analogs market is likely to develop noticeably in the forecast period, owing to the increased consumption of oral prostacyclin sub-segment such as Uptravi and Orenitram. Moreover, Prostacyclin, popularly known as prostaglandin I-2 (PGI-2), is a tiny lipid eicosanoid molecule generated by endothelial cells that works locally to suppress platelet activity and cause vasodilation. Prostacyclin analogs have been explored as treatments for pulmonary arterial hypertension (PAH). From 2022 to 2029, the SGC (Soluble Guanylate Cyclase) simulators segment is anticipated to grow at the quickest rate of 12.3%. By potentiating NO-SGC signaling, SGC (Soluble Guanylate Cyclase) stimulators can assure maximal SGC activation. The single medication authorized for PAH (Pulmonary Arterial Hypertension) in this category is Riociguat (Adempas from Bayer company). Also, ERA and PDE-5 sectors are predicted to grow significantly and lift the market expansion in the coming years.

Pulmonary Arterial Hypertension Market Regional Segment:

North America dominated the PAH (Pulmonary Arterial Hypertension) market with a share of 57.74% in 2021 due to the sophisticated healthcare infrastructure in the United States, which enabled access to innovative medicines and healthcare treatment. In addition, the expansion of the regional market was guided by increasing awareness, a high diagnosis rate, and supporting government efforts. In addition, a good diagnostic rate was achieved owing to a well-planned compensation system and strong awareness. Furthermore, in the United States, supporting laws such as the Rare Disease Act of 2002 and the Orphan Drug Act (ODA) of 1983 aided the development of new PAH medications. Hence, these factors are estimated to motivate the regional market. Further, the dominating countries of North America are the US, Canada, and Mexico. Europe is estimated to gain significant market growth in the forecast timeframe. Moreover, the presence of government agencies such as the European Medicines Agency (EMA) and the European Society of Cardiology promoting early and preventive diagnosis of PAH (Pulmonary arterial hypertension) is likely to motivate the growth of the market in the future. The factors boosting the European market are the rising occurrence of chronic diseases such as HIV, PAH, cardiovascular diseases, and various others. Further, increasing elderly populations, changes in lifestyle patterns, immobility in daily routine, and pollutions in the environment are likely to boost the market growth. The objective of the report is to present a comprehensive analysis of the Pulmonary Arterial Hypertension Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Pulmonary Arterial Hypertension Market dynamics, structure by analyzing the market segments and project the Pulmonary Arterial Hypertension Market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the Pulmonary Arterial Hypertension Market make the report investor’s guide.

Pulmonary Arterial Hypertension Market Scope: Inquire before buying

Global Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2029
Historical Data: 2017 to 2021 Market Size in 2021: US $ 5.97 Bn.
Forecast Period 2022 to 2029 CAGR: 4.9% Market Size in 2029: US $ 8.76 Bn.
Segments Covered: by Drug Class • Prostacyclin and Prostacyclin Analogs • Soluble Guanylate Cyclase (SGC) Stimulators • Endothelin Receptor Antagonist (ERA) • Phosphodiesterase 5 (PDE-5)

Pulmonary Arterial Hypertension Market, by Region

• North America o US o Canada o Mexico • Europe o U.K o France o Germany o Italy o Spain o Sweden o CIS Countries o Rest of Europe • Asia Pacific o China o India o Japan o South Korea o Australia o ASEAN o Rest of Asia Pacific • Middle East and Africa o South Africa o GCC Countries o Egypt o Nigeria o Rest of ME&A • South America o Brazil o Argentina o Rest of South America

Pulmonary Arterial Hypertension Market Key Players

Johnson & Johnson Services, Inc. • Gilead Sciences, Inc. • United Therapeutics Corporation • GlaxoSmithKline Plc. (GSK); • Roivant Sciences • Accredo. • Liquidia Corporation • Pfizer, Inc. • Acceleron Pharma, Inc. • Bayer AG • Janssen Türkiye • Trident Life Sciences Ltd • PhaseBio Pharmaceuticals, Inc. • Domedica • Biozeus Biopharmaceuticals

FAQs:

1. What is the Pulmonary Arterial Hypertension Market share in 2021? Ans: The Pulmonary Arterial Hypertension Market share in 2021 was estimated as 5.97 Billion USD. 2. What is the Pulmonary Arterial Hypertension Market growth? Ans: The Pulmonary Arterial Hypertension Market is anticipated to grow with a CAGR of 4.9% in the forecast period and is likely to reach USD 8.76 Billion by the end of 2029. 3. Which Drug Class segment is expected to dominate the Pulmonary Arterial Hypertension Market during the forecast period? Ans: The prostacyclin and prostacyclin analogs segment captured the largest share of over 45.0% in 2021 owing to the high demand for these drugs. Further oral prostacyclin subsegments such as uptravi and orenitram are likely to create more opportunities in the market. 4. Which region is expected to dominate the Pulmonary Arterial Hypertension Market during the forecast period? Ans: North America dominated the PAH market with a share of 57.74% in 2021. This is attributable to the developed healthcare infrastructure in the U.S. that facilitates access to advanced therapeutics for treating pulmonary arterial hypertension. A well-planned reimbursement structure and high awareness resulted in an excellent diagnosis rate of PAH. 5. What is the key driving factor for the growth of the Pulmonary Arterial Hypertension Market? Ans: Supportive legislation such as the Rare Disease Act 2002 and the Orphan Drug Act (ODA) 1983 in the U.S. has increased the adoption of novel medication for treating PAH. Hence this key factor is projected to drive the growth of the market.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Technology 2.3.2. Primary Research 2.3.2.1. Data from Primary Technology 2.3.2.2. Breakdown of Primary Technology 3. Executive Summary: Pulmonary Arterial Hypertension Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Pulmonary Arterial Hypertension Market 3.4. Geographical Snapshot of the Pulmonary Arterial Hypertension Market, By Manufacturer share 4. Pulmonary Arterial Hypertension Market Overview, 2021-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porter Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Grades 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Pulmonary Arterial Hypertension Market 5. Supply Side and Demand Side Indicators 6. Pulmonary Arterial Hypertension Market Analysis and Forecast, 2021-2029 6.1. Pulmonary Arterial Hypertension Market Size & Y-o-Y Growth Analysis. 7. Pulmonary Arterial Hypertension Market Analysis and Forecasts, 2021-2029 7.1. Market Size (Value) Estimates & Forecast By Drug Class, 2021-2029 7.1.1. Prostacyclin and Prostacyclin Analogs 7.1.2. Soluble Guanylate Cyclase (SGC) Stimulators 7.1.3. Endothelin Receptor Antagonist (ERA) 7.1.4. Phosphodiesterase 5 (PDE-5) 8. Pulmonary Arterial Hypertension Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2021-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Pulmonary Arterial Hypertension Market Analysis and Forecasts, 2021-2029 9.1. Market Size (Value) Estimates & Forecast By Drug Class, 2021-2029 9.1.1. Prostacyclin and Prostacyclin Analogs 9.1.2. Soluble Guanylate Cyclase (SGC) Stimulators 9.1.3. Endothelin Receptor Antagonist (ERA) 9.1.4. Phosphodiesterase 5 (PDE-5) 10. North America Pulmonary Arterial Hypertension Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Pulmonary Arterial Hypertension Market Analysis and Forecasts, 2021-2029 11.1. Market Size (Value) Estimates & Forecast By Drug Class’s, 2021-2029 12. Canada Pulmonary Arterial Hypertension Market Analysis and Forecasts, 2021-2029 12.1. Market Size (Value) Estimates & Forecast By Drug Class’s, 2021-2029 13. Mexico Pulmonary Arterial Hypertension Market Analysis and Forecasts, 2021-2029 13.1. Market Size (Value) Estimates & Forecast By Drug Class’s, 2021-2029 14. Europe Pulmonary Arterial Hypertension Market Analysis and Forecasts, 2021-2029 14.1. Market Size (Value) Estimates & Forecast By Drug Class’s, 2021-2029 15. Europe Pulmonary Arterial Hypertension Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K Pulmonary Arterial Hypertension Market Analysis and Forecasts, 2021-2029 16.1. Market Size (Value) Estimates & Forecast By Drug Class’s, 2021-2029 17. France Pulmonary Arterial Hypertension Market Analysis and Forecasts, 2021-2029 17.1. Market Size (Value) Estimates & Forecast By Drug Class’s, 2021-2029 18. Germany Pulmonary Arterial Hypertension Market Analysis and Forecasts, 2021-2029 18.1. Market Size (Value) Estimates & Forecast By Drug Class’s, 2021-2029 19. Italy Pulmonary Arterial Hypertension Market Analysis and Forecasts, 2021-2029 19.1. Market Size (Value) Estimates & Forecast By Drug Class’s, 2021-2029 20. Spain Pulmonary Arterial Hypertension Market Analysis and Forecasts, 2021-2029 20.1. Market Size (Value) Estimates & Forecast By Drug Class’s, 2021-2029 21. Sweden Pulmonary Arterial Hypertension Market Analysis and Forecasts, 2021-2029 21.1. Market Size (Value) Estimates & Forecast By Drug Class’s, 2021-2029 22. CIS Countries Pulmonary Arterial Hypertension Market Analysis and Forecasts, 2021-2029 22.1. Market Size (Value) Estimates & Forecast By Drug Class’s, 2021-2029 23. Rest of Europe Pulmonary Arterial Hypertension Market Analysis and Forecasts, 2021-2029 23.1. Market Size (Value) Estimates & Forecast By Drug Class’s, 2021-2029 24. Asia Pacific Pulmonary Arterial Hypertension Market Analysis and Forecasts, 2021-2029 24.1. Market Size (Value) Estimates & Forecast By Drug Class’s, 2021-2029 25. Asia Pacific Pulmonary Arterial Hypertension Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Pulmonary Arterial Hypertension Market Analysis and Forecasts, 2021-2029 26.1. Market Size (Value) Estimates & Forecast By Drug Class’s, 2021-2029 27. India Pulmonary Arterial Hypertension Market Analysis and Forecasts, 2021-2029 27.1. Market Size (Value) Estimates & Forecast By Drug Class’s, 2021-2029 28. Japan Pulmonary Arterial Hypertension Market Analysis and Forecasts, 2021-2029 28.1. Market Size (Value) Estimates & Forecast By Drug Class’s, 2021-2029 29. South Korea Pulmonary Arterial Hypertension Market Analysis and Forecasts, 2021-2029 29.1. Market Size (Value) Estimates & Forecast By Drug Class’s, 2021-2029 30. Australia Pulmonary Arterial Hypertension Market Analysis and Forecasts, 2021-2029 30.1. Market Size (Value) Estimates & Forecast By Drug Class’s, 2021-2029 31. ASEAN Pulmonary Arterial Hypertension Market Analysis and Forecasts, 2021-2029 31.1. Market Size (Value) Estimates & Forecast By Drug Class’s, 2021-2029 32. Rest of Asia Pacific Pulmonary Arterial Hypertension Market Analysis and Forecasts, 2021-2029 32.1. Market Size (Value) Estimates & Forecast By Drug Class’s, 2021-2029 33. Middle East Africa Pulmonary Arterial Hypertension Market Analysis and Forecasts, 2021-2029 33.1. Market Size (Value) Estimates & Forecast By Drug Class’s, 2021-2029 34. Middle East Africa Pulmonary Arterial Hypertension Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Pulmonary Arterial Hypertension Market Analysis and Forecasts, 2021-2029 35.1. Market Size (Value) Estimates & Forecast By Drug Class’s, 2021-2029 36. GCC Countries Pulmonary Arterial Hypertension Market Analysis and Forecasts, 2021-2029 36.1. Market Size (Value) Estimates & Forecast By Drug Class’s, 2021-2029 37. Egypt Pulmonary Arterial Hypertension Market Analysis and Forecasts, 2021-2029 37.1. Market Size (Value) Estimates & Forecast By Drug Class’s, 2021-2029 38. Nigeria Pulmonary Arterial Hypertension Market Analysis and Forecasts, 2021-2029 38.1. Market Size (Value) Estimates & Forecast By Drug Class’s, 2021-2029 39. Rest of ME&A Pulmonary Arterial Hypertension Market Analysis and Forecasts, 2021-2029 39.1. Market Size (Value) Estimates & Forecast By Drug Class’s, 2021-2029 40. South America Pulmonary Arterial Hypertension Market Analysis and Forecasts, 2021-2029 40.1. Market Size (Value) Estimates & Forecast By Drug Class’s, 2021-2029 41. South America Pulmonary Arterial Hypertension Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Pulmonary Arterial Hypertension Market Analysis and Forecasts, 2021-2029 42.1. Market Size (Value) Estimates & Forecast By Drug Class’s, 2021-2029 43. Argentina Pulmonary Arterial Hypertension Market Analysis and Forecasts, 2021-2029 43.1. Market Size (Value) Estimates & Forecast By Drug Class’s, 2021-2029 44. Rest of South America Pulmonary Arterial Hypertension Market Analysis and Forecasts, 2021-2029 44.1. Market Size (Value) Estimates & Forecast By Drug Class’s, 2021-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Pulmonary Arterial Hypertension Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Fiber Grades, and R&D Investment 45.2.2. New Grade Launches and Grade Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment, and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures, and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1. Biozeus Biopharmaceuticals. 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Grade Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Johnson & Johnson Services, Inc. 45.3.3. Gilead Sciences, Inc. 45.3.4. United Therapeutics Corporation 45.3.5. GlaxoSmithKline Plc. (GSK); 45.3.6. Roivant Sciences 45.3.7. Accredo. 45.3.8. Liquidia Corporation 45.3.9. Pfizer, Inc. 45.3.10. Acceleron Pharma, Inc. 45.3.11. Bayer AG 45.3.12. Janssen Türkiye 45.3.13. Trident Life Sciences Ltd 45.3.14. PhaseBio Pharmaceuticals, Inc. 45.3.15. Domedica 45.3.16. Biozeus Biopharmaceuticals 46.Primary Key Insights

About This Report

Report ID 122335
Category Healthcare
Published Date Oct 2022
Updated Date