Market Size of Global Pulmonary Arterial Hypertension Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
CAGR | 5.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
Pulmonary Arterial Hypertension (PAH) Market Analysis
The Pulmonary Arterial Hypertension Market is projected to register a CAGR of 5.0% during the forecast period (2022-2027).
Coronavirus disease 2019 (COVID-19) is a primary respiratory infectious disease, which can result in pulmonary and cardiovascular complications. As per an article titled 'Pulmonary Hypertension and COVID-19' published in August 2022, echocardiographic signs of PH in approximately 12 to 13% of hospitalized patients with COVID-19. Those with chronic pulmonary obstructive disease, congestive heart failure, pulmonary embolism, and prior PH are at increased risk to develop or worsen pulmonary hypertension (PH). Evidence of PH seems to be associated with increased disease severity and poor outcome. Because of the importance of pulmonary hemodynamics in the pathophysiology of COVID-19, there is growing interest in exploring the potential therapeutical benefits of inhaled vasodilators in patients with COVID-19. As per an article titled 'Potential long-term effects of SARS-CoV-2 infection on the pulmonary vasculature: a global perspective' published in December 2021, the dynamic behavior of the SARS-CoV-2 virus and the potential causes of heterogeneity in COVID-19 are essential for anticipating and treating the disease, in both the acute and the chronic stages, including the development of chronic pulmonary hypertension. Both COVID-19 and chronic pulmonary hypertension have assumed global dimensions, with potentially complex interactions. Therefore, pulmonary hypertension is said to have a significant impact on the market during the pandemic.
Pulmonary arterial hypertension is a group of rare and life-threatening diseases that leads to increased pulmonary arterial pressure and localized hypertension, which can result in heart failure. As per an article titled 'Prevalence, incidence, and survival of pulmonary arterial hypertension: A systematic review for the global burden of disease 2020 study' published in January 2022, pulmonary arterial hypertension (PAH) is characterized by increased resistance in the pulmonary arterioles because of remodeled blood vessels. The prevalence ranged from 0.4 to 1.4 per 100,000 persons. According to World Health Organization (WHO) key facts published in August 2021, an estimated 1.28 billion adults aged 30-79 years worldwide have hypertension, most (two-thirds) living in low- and middle-income countries. One of the global targets for non-communicable diseases is to reduce the prevalence of hypertension by 33% between 2010 and 2030. The increasing prevalence of pulmonary arterial hypertension, government support for the development of orphan drugs, and the growing geriatric population are the main factors that are boosting the growth of the pulmonary arterial hypertension market.
According to the World Health Organization (WHO), between 2015 and 2050, the proportion of the world's population over 60 years will nearly double from 12% to 22%. The symptoms of Pulmonary arterial hypertension include shortness of breath (dyspnea), especially during exercise, chest pain, and fainting. The increase in the number of geriatrics leads to consequences which in several cases include complications related to pulmonary arterial hypertension. The technological advancements are also steadily focusing upon the identification of new molecular pathways which contributes to the development of better treatments possible over the forecast period. All these factors boost the growth of the market.
However, patent expiration of drug molecule and side effects associated with the drugs is expected to impede the growth of the global market in the forecast period.
Pulmonary Arterial Hypertension (PAH) Industry Segmentation
As per the scope of the report, Pulmonary arterial hypertension usually refers to the high blood pressure in the lungs. Treatment of pulmonary arterial hypertension can be done by using drugs such as prostacyclin and prostacyclin analogs, calcium channel blockers, phosphodiesterase 5, endothelin receptor antagonists and others. The Pulmonary Arterial Hypertension Market is Segmented By Drug Class (Prostacyclin and Prostacyclin Analogs, Calcium Channel Blockers, Phosphodiesterase 5, Endothelin Receptor Antagonist and Others), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions, globally. The report offers the value (in USD million) for the above segments.
By Drug Class | |
Prostacyclin and Prostacyclin Analogs | |
Calcium Channel Blockers | |
Phosphodiesterase 5 (PDE-5) | |
Endothelin Receptor Antagonists (ERA) | |
Others |
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Global Pulmonary Arterial Hypertension Market Size Summary
The Pulmonary Arterial Hypertension (PAH) market is experiencing growth driven by the increasing prevalence of the condition, government support for orphan drug development, and a growing geriatric population. PAH, characterized by increased resistance in pulmonary arterioles, leads to heightened pulmonary arterial pressure and can result in heart failure. The market is influenced by the rising incidence of related conditions such as chronic obstructive pulmonary disease and pulmonary embolism, which can exacerbate PAH. Technological advancements in identifying new molecular pathways are contributing to the development of improved treatments, further propelling market expansion. However, challenges such as patent expirations and drug side effects may impede growth.
North America is a leading region in the PAH market, supported by a well-developed healthcare sector and high prevalence of infectious and chronic diseases. The market is competitive, with major players like Arena Pharmaceuticals, Bayer AG, and United Therapeutics Corporation dominating. Recent drug approvals and innovations, such as the FDA's approval of Tyvaso DPI, are expected to enhance market growth. Additionally, initiatives like the WHO's global HEARTS Initiative and the CDC's Million Hearts program aim to improve cardiovascular health, indirectly supporting the PAH market. The fragmented nature of the market, with ongoing clinical studies and new drug candidates, indicates a dynamic and evolving landscape.
Global Pulmonary Arterial Hypertension Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Growing Burden of Pulmonary Arterial Hypertension
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1.2.2 Government and Private Support for the Development of Orphan Drugs
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1.3 Market Restraints
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1.3.1 Patent Expiration of Drug Molecule
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1.3.2 Side Effects Associated with the Drugs
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD million)
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2.1 By Drug Class
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2.1.1 Prostacyclin and Prostacyclin Analogs
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2.1.2 Calcium Channel Blockers
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2.1.3 Phosphodiesterase 5 (PDE-5)
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2.1.4 Endothelin Receptor Antagonists (ERA)
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2.1.5 Others
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2.2 Geography
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2.2.1 North America
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2.2.1.1 United States
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2.2.1.2 Canada
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2.2.1.3 Mexico
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2.2.2 Europe
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2.2.2.1 Germany
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2.2.2.2 United Kingdom
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2.2.2.3 France
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2.2.2.4 Italy
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2.2.2.5 Spain
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2.2.2.6 Rest of Europe
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2.2.3 Asia-Pacific
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2.2.3.1 China
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2.2.3.2 Japan
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2.2.3.3 India
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2.2.3.4 Australia
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2.2.3.5 South Korea
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2.2.3.6 Rest of Asia-Pacific
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2.2.4 Middle East and Africa
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2.2.4.1 GCC
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2.2.4.2 South Africa
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2.2.4.3 Rest of Middle East and Africa
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2.2.5 South America
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2.2.5.1 Brazil
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2.2.5.2 Argentina
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2.2.5.3 Rest of South America
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Global Pulmonary Arterial Hypertension Market Size FAQs
What is the current Global Pulmonary Arterial Hypertension Market size?
The Global Pulmonary Arterial Hypertension Market is projected to register a CAGR of 5% during the forecast period (2024-2029)
Who are the key players in Global Pulmonary Arterial Hypertension Market?
Bayer AG, Gilead Sciences, Inc., Johnson & Johnson (Actelion Pharmaceuticals, Ltd.), Pfizer, Inc. and United Therapeutics Corporation are the major companies operating in the Global Pulmonary Arterial Hypertension Market.