Global Pulmonary Arterial Hypertension Treatment Market Outlook to 2030

Region:Global

Author(s):Naman Rohilla

Product Code:KROD1107

Published On

November 2024

Total pages

86

About the Report

Global Pulmonary Arterial Hypertension Treatment Market Overview

  • The global pulmonary arterial hypertension (PAH) treatment market was valued at USD 7.5 billion in 2023. The market growth is driven by several factors, including the rising prevalence of PAH, advancements in treatment options, and increasing awareness among healthcare professionals and patients.
  • The key players in the Global Pulmonary Arterial Hypertension Treatment market include United Therapeutics Corporation, Johnson & Johnson, Gilead Sciences, Bayer AG, and GlaxoSmithKline plc. These companies dominate the market through their robust product portfolios, extensive research and development activities, and strategic collaborations.
  • In July 2023, Johnson & Johnson announced the acquisition of Actelion Pharmaceuticals, a major player in the PAH treatment space, in a deal valued at USD 30 billion. This acquisition strengthens Johnson & Johnson's position in the PAH market by adding Actelion's leading drug, Opsumit (macitentan), to its portfolio.
  • The United States, in particular, leads the market due to its advanced diagnostic capabilities, extensive clinical research, and high healthcare expenditure. The region’s dominance is further supported by favourable reimbursement policies and the availability of a wide range of therapeutic options.

Global Pulmonary Arterial Hypertension Treatment Market Size

Global Pulmonary Arterial Hypertension Treatment Market Segmentation

The global pulmonary arterial hypertension treatment is segmented into drug class, route of administration, and region.

  • By Drug Class: The global PAH treatment market is segmented by drug class into Endothelin Receptor Antagonists (ERAs), Phosphodiesterase-5 (PDE-5) Inhibitors, and Prostacyclin Analogs. In 2023, Endothelin Receptor Antagonists (ERAs) dominated the market due to the widespread adoption of ERAs as a first-line treatment for PAH, due to their efficacy in reducing symptoms and improving exercise capacity.

Global Pulmonary Arterial Hypertension Treatment Market Segmentation by drug class

  • By Route of Administration: The market is further segmented by the route of administration into Oral, Intravenous, and Inhalation. In 2023, the Oral route of administration held the largest market share. The dominance of the oral segment is attributed to the convenience and ease of administration that oral therapies offer, leading to higher patient compliance.
  • By Region: The global PAH treatment market is segmented by region into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America. In 2023, North America held the largest market share. This dominance is largely due to the region’s advanced healthcare infrastructure, high prevalence of PAH, and the strong presence of leading pharmaceutical companies.

Global Pulmonary Arterial Hypertension Treatment Market Segmentation by region

Global Pulmonary Arterial Hypertension Treatment Market Competitive Landscape

Company

Establishment Year

Headquarters

United Therapeutics Corporation

1996

Silver Spring, MD, USA

Johnson & Johnson

1886

New Brunswick, NJ, USA

Gilead Sciences

1987

Foster City, CA, USA

Bayer AG

1863

Leverkusen, Germany

GlaxoSmithKline plc

2000

Brentford, UK

  • Gilead Sciences: In 2023, Gilead Sciences announced the successful completion of a Phase III clinical trial for rintatolimod, a novel PAH treatment. The trial demonstrated a significant improvement in the 6-minute walk distance (6MWD) among patients, with a mean increase of 35 meters compared to placebo. This positive outcome is expected to lead to regulatory approval and bolster Gilead’s position in the PAH treatment market, providing a new therapeutic option for patients.
  • Bayer AG: In 2024, Bayer AG launched Vericiguat, a new soluble guanylate cyclase (sGC) stimulator for the treatment of PAH. This innovative therapy targets the NO-sGC-cGMP pathway, offering a novel mechanism of action for managing PAH. The launch of Vericiguat is anticipated to strengthen Bayer’s market position and provide an additional treatment option for patients, addressing the unmet needs in the PAH treatment landscape.

Global Pulmonary Arterial Hypertension Treatment Market Analysis

Global Pulmonary Arterial Hypertension Treatment Market Growth Drivers:

  • Rising Prevalence of Pulmonary Arterial Hypertension (PAH): The incidence of PAH has been steadily increasing globally, with around 1,000 to 3,000 new cases diagnosed annually in the United States alone in 2024. This growing prevalence is a substantial driver for the market, as more patients require ongoing treatment. The World Health Organization reported that the global burden of cardiovascular diseases, which includes PAH, continues to escalate, necessitating greater investment in treatment options.
  • Advancements in PAH Therapies: In 2024, the introduction of new oral formulations and combination therapies enhanced treatment efficacy and patient compliance. For example, a recent study published in the American Journal of Respiratory and Critical Care Medicine highlighted the success of a new oral prostacyclin analog that significantly improved exercise capacity in PAH patients. These advancements are driving market growth as they offer better outcomes and expanded treatment options for patients.
  • Growing Awareness and Early Diagnosis: In 2024, the Pulmonary Hypertension Association reported a significant increase in the number of educational campaigns and awareness programs, particularly in North America and Europe. These initiatives, supported by governments and healthcare organizations, have increased early-stage diagnoses compared to previous years. This early intervention is crucial in slowing disease progression, thereby driving the demand for PAH treatments.

Global Pulmonary Arterial Hypertension Treatment Market Challenges:

  • Limited Access to Advanced Therapies in Developing Regions: As of 2024, only 30% of patients in Africa and Southeast Asia had access to advanced PAH therapies, such as endothelin receptor antagonists and prostacyclin analogs. This disparity is due to a combination of factors, including inadequate healthcare infrastructure, lack of trained specialists, and high drug costs. The World Health Organization has called for increased investment in healthcare infrastructure and drug affordability programs to address these challenges.
  • Complexity of Disease Management: In 2024, a study published in the European Respiratory Journal highlighted that managing PAH involves addressing not only pulmonary vascular disease but also associated conditions such as heart failure and lung disease. This complexity makes it challenging for healthcare providers to develop optimal treatment plans, particularly in resource-constrained settings. The need for specialized care and comprehensive management strategies poses a significant challenge to the PAH treatment market.

Global Pulmonary Arterial Hypertension Treatment Market Government Initiatives:

  • FDA's Rare Disease Cures Accelerator: In 2023, the U.S. Food and Drug Administration (FDA) launched the "Rare Disease Cures Accelerator" program, specifically targeting rare diseases such as PAH. This initiative, funded with USD 150 million, aims to accelerate the development and approval of new treatments by providing a collaborative framework for stakeholders, including pharmaceutical companies, researchers, and patient advocacy groups.
  • Japan's Orphan Drug Designation Program: Japan's Ministry of Health, Labour and Welfare (MHLW) has been actively promoting the development of treatments for rare diseases through its Orphan Drug Designation program. In 2024, the program granted orphan status to two new PAH drugs, providing benefits such as tax credits, grant funding, and extended market exclusivity. This initiative is designed to encourage pharmaceutical companies to invest in the development of therapies for rare diseases like PAH, thus contributing to market growth in Japan and other Asian markets.

Global Pulmonary Arterial Hypertension Treatment Market Outlook

Global Pulmonary Arterial Hypertension Treatment is expected to grow in recent years. The Market is also likely to shift towards more organized with established players and online platforms expanding their reach.

Global Pulmonary Arterial Hypertension Treatment Market Trends:

  • Widespread Adoption of AI-driven ESLs: In the next five years, AI-driven ESLs are expected to become the norm in the retail Market. By 2028, over 100,000 stores worldwide are projected to use AI-powered ESLs to analyze customer behaviour, optimize pricing strategies, and manage inventory more effectively. The integration of AI with ESLs will enable retailers to provide personalized shopping experiences, increase sales, and improve operational efficiency.
  • Expansion of ESL Route of Administrations Beyond Retail: ESL technology is expected to expand beyond retail Route of Administrations into sectors such as healthcare, logistics, and manufacturing. By 2028, over 50,000 non-retail establishments are projected to implement ESLs for tasks like asset tracking, patient management, and inventory control. The versatility and efficiency of ESLs will drive their adoption across various industries, opening new growth avenues for the market.

Scope of the Report

By Drug Class

Endothelin Receptor Antagonists      

Phosphodiesterase-5 Inhibitors          

Prostacyclin Analogs 

Others

By Route of Administration

Oral

Intravenous

Inhalation

By Region

North America

Europe

APAC 

MEA  

Latin America

Products

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report:

  • Government and Regulatory Bodies
  • Banks and Financial Institutes
  • Investors and Venture Capitalists
  • Pharmaceutical Companies
  • Medical Device Manufacturers
  • Healthcare IT Companies
  • Biotech Companies

Time Period Captured in the Report

  • Historical Period: 2018-2023
  • Base Year: 2023
  • Forecast Period: 2023-2028

Companies

Players Mentioned in the Report:

  • United Therapeutics Corporation
  • Johnson & Johnson
  • Gilead Sciences
  • Bayer AG
  • GlaxoSmithKline plc
  • Pfizer Inc.
  • Novartis AG
  • Merck & Co., Inc.
  • Eli Lilly and Company
  • Actelion Pharmaceuticals
  • Arena Pharmaceuticals
  • Daiichi Sankyo Company, Limited
  • AOP Orphan Pharmaceuticals AG
  • Abbott Laboratories
  • AstraZeneca

Table of Contents

1. Global Pulmonary Arterial Hypertension Treatment Market Overview

1.1. Definition and Scope

1.2. Market Taxonomy

1.3. Market Growth Rate

1.4. Market Segmentation Overview

2. Global Pulmonary Arterial Hypertension Treatment Market Size (in USD Bn), 2018-2023

2.1. Historical Market Size

2.2. Year-on-Year Growth Analysis

2.3. Key Market Developments and Milestones

3. Global Pulmonary Arterial Hypertension Treatment Market Analysis

3.1. Growth Drivers

3.1.1. Rising Prevalence of PAH

3.1.2. Advancements in Therapeutic Options

3.1.3. Increase in Clinical Trials and Research

3.1.4. Growing Awareness and Early Diagnosis

3.2. Restraints

3.2.1. High Cost of Treatment

3.2.2. Limited Access to Advanced Therapies

3.2.3. Complex Disease Management

3.3. Opportunities

3.3.1. Emerging Markets Expansion

3.3.2. Technological Innovations in Drug Delivery

3.3.3. Development of Personalized Medicine

3.4. Trends

3.4.1. Adoption of Combination Therapies

3.4.2. Integration of Genomic Testing in Treatment Plans

3.4.3. Growth in Emerging Markets

3.5. Government Initiatives

3.5.1. FDA Rare Disease Cures Accelerator

3.5.2. EMA PRIME Scheme

3.5.3. Japan’s Orphan Drug Designation Program

3.6. SWOT Analysis

3.7. Stake Ecosystem

3.8. Competition Ecosystem

4. Global Pulmonary Arterial Hypertension Treatment Market Segmentation, 2023

4.1. By Drug Class (in Value %)

4.1.1. Endothelin Receptor Antagonists (ERAs)

4.1.2. Phosphodiesterase-5 (PDE-5) Inhibitors

4.1.3. Prostacyclin Analogs

4.2. By Route of Administration (in Value %)

4.2.1. Oral

4.2.2. Intravenous

4.2.3. Inhalation

4.3. By Region (in Value %)

4.3.1. North America

4.3.2. Europe

4.3.3. Asia-Pacific

4.3.4. Middle East & Africa

4.3.5. Latin America

5. Global Pulmonary Arterial Hypertension Treatment Market Cross Comparison

5.1. Detailed Profiles of Major Companies

5.1.1. United Therapeutics Corporation

5.1.2. Johnson & Johnson

5.1.3. Gilead Sciences

5.1.4. Bayer AG

5.1.5. GlaxoSmithKline plc

5.2. Cross Comparison Parameters (No. of Employees, Headquarters, Inception Year, Revenue)

6. Global Pulmonary Arterial Hypertension Treatment Market Competitive Landscape

6.1. Market Share Analysis

6.2. Strategic Initiatives

6.3. Mergers and Acquisitions

6.4. Investment Analysis

6.4.1. Venture Capital Funding

6.4.2. Government Grants

6.4.3. Private Equity Investments

7. Global Pulmonary Arterial Hypertension Treatment Market Regulatory Framework

7.1. Drug Approval Processes

7.2. Compliance Requirements

7.3. Market Authorization Procedures

8. Global Pulmonary Arterial Hypertension Treatment Market Future Size (in USD Bn), 2023-2028

8.1. Future Market Size Projections

8.2. Key Factors Driving Future Market Growth

9. Global Pulmonary Arterial Hypertension Treatment Market Future Segmentation, 2028

9.1. By Drug Class (in Value %)

9.2. By Route of Administration (in Value %)

9.3. By Region (in Value %)

10. Global Pulmonary Arterial Hypertension Treatment Market Analysts’ Recommendations

10.1. TAM/SAM/SOM Analysis

10.2. Customer Cohort Analysis

10.3. Marketing Initiatives

10.4. White Space Opportunity Analysis

11. Disclaimer

12. Contact Us

Research Methodology

Step: 1 Identifying Key Variables

Ecosystem creation for all the major entities and referring to multiple secondary and proprietary databases to perform desk research around the Market to collate Market-level information.?

Step: 2 Market Building

Collating statistics on the global Pulmonary Arterial Hypertension Treatment market over the years, and analyzing the penetration of Marketplaces as well as the ratio of service providers to compute the revenue generated for the market. We will also review service quality statistics to understand the revenue generated which can ensure accuracy behind the data points shared.

Step: 3 Validating and Finalizing

Building Market hypotheses and conducting CATIs with Market experts belonging to different companies to validate statistics and seek operational and financial information from company representatives.

Step: 4 Research Output

Our team will approach multiple medical device manufacturing companies and understand the nature of product segments and sales, consumer preference and other parameters, which will support us validate statistics derived through the bottom-to-top approach from the medical device manufacturing companies.

Frequently Asked Questions

01 How big is the Global Pulmonary Arterial Hypertension Treatment Market?

The global pulmonary arterial hypertension (PAH) treatment market was valued at USD 7.5 billion in 2023. The market growth is driven by several factors, including the rising prevalence of PAH, advancements in treatment options, and increasing awareness among healthcare professionals and patients.

02 Who are the major players in the Global Pulmonary Arterial Hypertension Treatment market?

The major players in the Global Pulmonary Arterial Hypertension Treatment include United Therapeutics Corporation, Johnson & Johnson, Gilead Sciences, Bayer AG, and GlaxoSmithKline plc. These companies dominate the market through their robust product portfolios, extensive research and development activities, and strategic collaborations. 

03 What are the growth drivers of the Global Pulmonary Arterial Hypertension Treatment market?

The growth drivers of the Global Pulmonary Arterial Hypertension Treatment market include rising PAH prevalence, advancements in novel therapies, increased clinical trials and research funding, and growing awareness leading to earlier diagnosis and treatment initiation.

04 What are the challenges in the Global Pulmonary Arterial Hypertension Treatment market?

The Global Pulmonary Arterial Hypertension Treatment market faces challenges such as high treatment costs, limited access to advanced therapies in developing regions, complex disease management requiring multidisciplinary approaches, and significant side effects of medications impacting patient adherence and outcomes.

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