Overview
The Saudi Pharma market is looked at as one of the fastest growing markets today with strong export potentials to serve MENA and OIC (Organization of Islamic Countries) with total market of $130 B. The Saudi Pharma market has grown by almost 5% Compound Annual Growth Rate CAGR to reach about $10 B in size in 2022.
The KSA market is expected to grow at 4.1% rate until 2024 to reach about $9.6B. Contribution of KSA to MENA region is expected to increase and reach 30%.
Contribution to MENA
expected to reach 30%
Export potential
$120 B
The KSA market is expected to grow at 4.1% rate until 2024 to reach about $9.6B. Contribution of KSA to MENA region is expected to increase and reach 30%.
Market
2022
37.5 B
Impact by
2035
2 B GDP
3.251 JOBS
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