Saudi Arabia metabolic disorder drugs market is projected to grow from $xx Mn in 2022 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2022 - 2030. The ageing population, rising diabetes and obesity rates, and the prevalence of metabolic disorders are all driving factors for the global market for medications treating these conditions. Another element fueling the expansion of this market is an increase in public awareness of various ailments and associated pharmacological treatments. Some of the major key players in this market are AbbVie, Actelion Pharmaceuticals, Amgen, Astra Zeneca, Biocon, BioMarin Pharmaceutical, etc.
Saudi Arabia Metabolic Disorder Drugs Market is valued at around $2669.5 Mn in 2022 and is projected to reach $3796.2 Mn by 2030, exhibiting a CAGR of 4.5% during the forecast period 2023-2030.
A metabolic problem impairs how the body distributes and processes macronutrients like proteins, lipids, and carbs. When the body's regular metabolic function is impacted by aberrant chemical interactions, metabolic diseases can result. The increase in sedentary employment, hectic lifestyles, and changing consumer preferences are all affecting the sickness profile of the world's population, especially non-communicable diseases like diabetes and obesity. Long work hours, a lack of exercise, and poor eating and drinking habits are the main causes of metabolic illnesses.
According to the World Health Organization (WHO), the frequency of chronic diseases is expected to rise by 57 percent worldwide by 2020. These factors are expected to increase the number of patients worldwide, driving the market for medications that treat metabolic disorders over the forecast timeframe. The ageing population, rising diabetes, and obesity rates, and the prevalence of metabolic disorders are all driving factors for the global market for medications treating these conditions. Another element fueling the expansion of this market is an increase in public awareness of various ailments and associated pharmacological treatments. The major key players in this market are AbbVie, Actelion Pharmaceuticals, Amgen, Astra Zeneca, Biocon, BioMarin Pharmaceutical, Boehringer Ingelheim, Bristol-Myers Squibb, Cipla, CymaBay Therapeutics, Eli Lilly, Fuji Yakuhin, KOWA, Kythera, LG Life Science, Merck, Mitsubishi Tanabe Pharma, Novartis, Novo Nordisk, Sanofi, Shire PLC, Takeda Pharmaceutical.
Market Growth Drivers
The global market for pharmaceuticals treating these ailments is being driven by the ageing population, rising diabetes and obesity rates, and the incidence of metabolic disorders. An additional factor driving the growth of this industry is a rise in public awareness of various illnesses and the pharmaceutical therapies linked to them. Additionally, new market opportunities are projected as a result of the rising uses for drugs that treat metabolic illnesses and their advantages over complementary therapies.
Market Restraints
One of the primary reasons limiting the growth of the global market for drugs that treat metabolism is clinical holds on trials by industry participants. The FDA, for instance, put the FORTIS Phase 1/2 experiment on clinical hold as a result of a serious adverse event (SAE) of peripheral sensory neuropathy happening in one of the trial participants, according to a June 26, 2022 report from the pharmaceutical company Astellas Pharma Inc. As part of the Fortis Clinical Trial, adults with Late-Onset Pompe Disease are receiving treatment with AT845, an investigational adeno-associated virus (AAV) gene replacement therapy.
Key Players
1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country
2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)
3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints
4. Competitive Landscape
4.1 Major Market Share
4.2 Key Company Profile (Check all Companies in the Summary Section)
4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)
5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment
6. Methodology and Scope
By Therapy
By Applications
By Distribution Channels
Methodology for Database Creation
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