SAUDI ARABIA PHARMACEUTICALS Market Size & Insights

As per recent study by MarkNtel Advisors The Saudi Arabia Pharmaceuticals Market size was valued at around USD 12.37 billion in 2025 and is projected to reach USD 18.12 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 7.93% during the forecast period, i.e., 2025-30.    

What are the Key DROs in the SAUDI ARABIA PHARMACEUTICALS Market?

Increasing Government Support to Expand Manufacturing Units – The market growth is driven by the growing efforts by the Saudi government to expand the local pharmaceutical manufacturing facilities in the country by drafting various policies, such as Vision 2030. For instance, in 2023, Saudi Arabia's sovereign wealth fund launched a contract development and manufacturing organization (CDMO) called Lifera, which aims to focus on the development of essential pharmaceutical products like vaccines, insulins, antibodies, etc. Recently, Saudi Arabia launched its first oncology pharmaceutical plant in Sudair city to increase local production and reduce import dependence. Consequently, more than 55 pharmaceutical factories are approved by the Saudi Food & Drug Authority (SFDA).

Moreover, the Saudi government aims to localize the production of about 70% of the essential medicines in the country by the end of 2030. These kinds of programs are heavily invested in by the government. For instance, in 2024, the national government allocated about USD5 billion in R&D, including drug discovery, thus driving the market growth.

What are the Key Segments in the SAUDI ARABIA PHARMACEUTICALS Market?

The SAUDI ARABIA PHARMACEUTICALS is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

• By Product Type
• Prescription Drugs- Market Size & Forecast 2020-2030, USD Million
• Over-the-counter Drugs- Market Size & Forecast 2020-2030, USD Million
• Biologics & Biosimilar- Market Size & Forecast 2020-2030, USD Million
• Monoclonal Antibodies- Market Size & Forecast 2020-2030, USD Million
• Hormones- Market Size & Forecast 2020-2030, USD Million
• Vaccines - Market Size & Forecast 2020-2030, USD Million
• By Disease Type
• Cardiovascular Drugs - Market Size & Forecast 2020-2030, USD Million
• Dermatology Drugs - Market Size & Forecast 2020-2030, USD Million
• Gastrointestinal Drugs - Market Size & Forecast 2020-2030, USD Million
• Genito-Urinary Drugs - Market Size & Forecast 2020-2030, USD Million
• Hematology Drugs - Market Size & Forecast 2020-2030, USD Million
• Anti-Infective Drugs - Market Size & Forecast 2020-2030, USD Million
• Metabolic Disorder Drugs - Market Size & Forecast 2020-2030, USD Million
• Musculoskeletal Disorder Drugs - Market Size & Forecast 2020-2030, USD Million
• Central Nervous System Drugs - Market Size & Forecast 2020-2030, USD Million
• Oncology Drugs - Market Size & Forecast 2020-2030, USD Million
• Ophthalmology Drugs - Market Size & Forecast 2020-2030, USD Million
• Respiratory Diseases Drugs - Market Size & Forecast 2020-2030, USD Million
• By Distribution Channel
• Hospital Pharmacies- Market Size & Forecast 2020-2030, USD Million
• Retail Pharmacies- Market Size & Forecast 2020-2030, USD Million
• Online Pharmacies- Market Size & Forecast 2020-2030, USD Million
• By End User
• Hospitals and Clinics- Market Size & Forecast 2020-2030, USD Million
• Retail Consumers- Market Size & Forecast 2020-2030, USD Million
• Research & Academic Institutes- Market Size & Forecast 2020-2030, USD Million

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How does geographical analysis highlight in the SAUDI ARABIA PHARMACEUTICALS market?

By Region

·       Dubai

·       Abu Dhabi & Al Ain

·       Sharjah & Northern Emirates

Who are the Key Players in SAUDI ARABIA PHARMACEUTICALS Market?

• Pfizer
• Julphar (Gulf Pharmaceutical Industries)
• Roche Pharmaceutical Middle East FZCO
• Lifepharma FZE
• Al Hayat Pharmaceuticals
• Modern Pharmaceutical Company LLC
• Neopharma
• Globalpharma Co. (L.L.C.)
• Hikma Pharmaceuticals
• AstraZeneca UAE
• Others

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SAUDI ARABIA PHARMACEUTICALS Industry Recent Development:

·       2025: Sanofi is transferring its insulin manufacturing expertise to Saudi Arabia by partnering with Sudair Pharma Company (SPC) and NUPCO. The new facility will locally produce and package advanced SoloStar insulin pens, with a capacity of ~15 million pens annually, serving about 500,000 patients and covering approximately 70% of insulin users in the Kingdom.

·       2024: Tabuk Pharmaceuticals partnered with Biocon to commercialize GLP-1 treatments for diabetes in the Middle East, marking a strategic expansion into specialty medicines.

Key pillars of the research methodology include:

·       Scope & Research Design – Clearly defined objectives with tailored qualitative and quantitative methods, backed by precise timelines and budgets.

·       Sample Selection & Data Collection – Representative samples achieved through proven techniques like random and stratified sampling, supported by reliable tools such as surveys, interviews, and observations.

·       Data Analysis & Validation – Rigorous cleaning, advanced statistical modeling, and thematic analysis ensure accuracy, reliability, and minimal bias.

·       Forecasting & Finalization – Predictive modeling and time-series analysis anticipate future market behaviors, presented through insightful reports with charts, graphs, and strategic recommendations.

"Our methodology reflects the trust businesses place in us. By combining innovation with precision, we deliver not just numbers, but clarity and direction for decision-makers worldwide," said a spokesperson for MarkNtel Advisors.

Why This MarkNtel Advisors Research Report:

• In-depth Market Analysis: Understand trends and dynamics shaping growth.
• Segmented Insights: Target specific segments for focused strategies.
• Geographical Performance: Assess market opportunities by geographic area.
• Emerging Technologies: Discover advancements like AI integration.
• Risk Identification: Pinpoint challenges to inform strategic planning.
• Future Forecasts: Prepare for market changes with actionable projections.

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MarkNtel Advisors is a globally recognized market research and consulting firm delivering intelligence across the healthcare industry, spanning pharmaceuticals, medical devices, healthcare IT, and biotechnology. Our analysts combine domain expertise with innovation tracking to help healthcare organizations improve efficiency and patient outcomes. Through Consulting Services, we assist clients in interpreting insights, designing go-to-market strategies, and adapting to regulatory changes, fostering sustainable growth in the evolving global healthcare ecosystem.

MarkNtel Advisors is a distinguished Industry Research Report Firm and Market Research Company offering comprehensive intelligence across the healthcare sector, covering pharmaceuticals, medical devices, healthcare IT, and biotechnology. Our team delivers high-precision Market Research Reports and Business Analysis at global, regional, and country levels to help organizations understand market access strategies, innovation trends, and regulatory frameworks. Using robust data methodologies and validated Market Forecast models, we provide insights that enhance decision-making and operational agility. Our expertise extends to Customized Market Research Reports that measure therapeutic performance, digital transformation, and patient-centric solutions. Through strategic Consulting Services, MarkNtel Advisors empowers healthcare companies, investors, and policymakers to quantify Revenue Impact, strengthen competitiveness, and accelerate sustainable growth within the dynamic global healthcare landscape.

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