img
img
Pulmonary Arterial Hypertension Market Size and Share | Growth Opportunities, Competitive Analysis, Key Growth Drivers, Trends and Strategic Growth Forecast 2025–2035
  • Report Code : NIS 2032
  • 17 Jul, 2025
  • Format : PDF, Excel
  • Pages : 224
Buy Now
Market Stats

Current Industry Revenue

7998.25 Mn

2024

Forecasted Industry Revenue

14785.47 Mn

2035

CAGR %

5.5%

2025-2035

Report Attribute Details
Base Year

2024

Forecast Period

2025-2035

Historical Data

2021-2023

Forecast Units

(USD Million)

Report Update Cycle

One-Time / Quarterly / Annual Updates

                                      Pulmonary Arterial Hypertension Market Size 2021-2035 (USD Million)

 

                                               Source: NextGen Intelligence Stats and Consulting LLP

 

Global Pulmonary Arterial Hypertension Market Size and Share | Growth Opportunities, Competitive Analysis, Key Growth Drivers, Trends and Strategic Growth Forecast 2025–2035

Market Dynamics

Increased Incidence of Affiliated Conditions and Aging Population

The growing worldwide prevalence of chronic conditions like COPD, congenital cardiac disease, and connective tissue disorders, all of which are secondary risk factors for pulmonary hypertension, are major impetuses. For instance, Centers for Disease Control & Prevention (CDC) reports, heart disease is still a major cause of death worldwide, and it contributes to a large pool of at-risk patients for PAH. The world's population is aging rapidly; the United Nations projects that by 2050, one in six people worldwide will be over age 65. This demographic shift is crucial as the elderly are more susceptible to age-related cardiovascular & pulmonary conditions, thereby increasing the prevalence of PAH & the demand for effective treatments.

Advancements in Diagnostics and Therapeutic Innovation

Advances in diagnostic modalities such as echocardiography, right heart catheterization, and genetic testing enable the earlier and more precise diagnosis of PAH. Additionally, ongoing innovation in drug development, especially the introduction of targeted therapies aimed at different pathophysiological pathways of PAH, is transforming treatment paradigms. For instance, new treatments like the soluble guanylate cyclase (sGC) stimulators and prostacyclin analogues provide better patient outcomes, such as increased exercise capacity and decreased hospitalizations. Such continued R&D, sometimes aided by government as well as private investments for orphan diseases, broadens the therapeutic armamentarium, increasing opportunities for effective treatment as well as driving market growth.

Appearance of Disease-Modifying Therapies

Pulmonary arterial hypertension market is set to undergo dramatic change with the emergence of new disease-modifying treatments that seek to overcome symptom control and attack the underlying pathology. Sotatercept, a first-in-class activin receptor-like kinase (ALK) inhibitor, has exhibited encouraging data in clinical trials, revealing an enormous risk reduction in clinical worsening or death. This is a paradigm shift from vasodilatory strategies alone. The commercial success and market introduction of such new medicines could meaningfully increase the population of patients who can be treated and significantly enhance long-term health outcomes, warranting premium prices and driving high revenue growth as these treatments progress through regulatory approvals and into widespread clinical application.

Untapped Potential in Emerging Economies

Asia-Pacific and Latin America, the emerging economies, offer significant untapped potential for market expansion. These regions have large patient bases, enhancing healthcare infrastructure and growing healthcare spending. Although diagnostic and treatment rates of PAH have been lower in the past versus those in developed nations, increasing awareness campaigns, government actions to increase healthcare accessibility, and higher incidence of lifestyle diseases are driving market growth. With advancing healthcare systems and increasing disposable incomes, there will be higher demand for sophisticated PAH treatments. Companies that strategically enter these markets with localized distribution networks, cost-effective treatment alternatives, and patient education programs can realize enormous revenue streams & secure solid market positions.

Key Market Indicators

The following Key Market Indicators present a comprehensive overview of the social and economic landscape of the selected region, offering critical insights into market-specific trends and developments. These indicators, combined with data from government statistics, industry associations, and corporate sources, form the analytical foundation of NextGen Intelligence Stats' market models.

  • PAH Prevalence Rate
  • Annual Incidence Rate
  • Diagnosis Rate
  • Average Age at Diagnosis
  • Treatment Rate
  • Drug Penetration Rate

Pricing Analysis

Company Market Share Analysis

Market Scope

Aspects Details
icon
Base Year

2024

icon
Historic Data

2021-2023

icon
Forecast Period

2025-2035

icon
Regions & Countries Covered

Regions & Countries Covered    North America (United States, Canada), Europe (Germany, France, Italy, United Kingdom, Spain, Rest of Europe), Asia Pacific (China, Japan, South Korea, India, Rest of Asia Pacific), Latin America (

icon
Companies Profiles

  • Johnson & Johnson
  • United Therapeutics Corporation
  • Bayer AG
  • Gilead Sciences, Inc.
  • Merck & Co., Inc.
  • Novartis AG
  • AbbVie Inc.
  • Acceleron Pharma, Inc.
  • Arena Pharmaceuticals, Inc.
icon
Segmentation Level Customization

  • Additional Segments and Sub Segment
  • Cross-split Segments
  • Additional Countries with all segments

icon
Company Level Customization

  • Market share analysis at country levels
  • Market tractable revenue
  • Distributor lists
  • Quarterly Revenue (Q1,Q2,Q3,Q4)
  • Forecast revenue
  • Pricing analysis

icon
Country level Data Customization

Segmental volume analysis

Pricing Analysis of Product

Company Market Share

Recent Development

March 2024: Johnson & Johnson’s Opsynvi, a single tablet combining macitentan (an endothelin receptor antagonist marketed as Opsumit) and tadalafil (a PDE5 inhibitor), was approved by the FDA. The approval relies on the pivotal Phase 3 A DUE trial, in which it was shown that Opsynvi was superior to either monotherapy in lowering pulmonary vascular resistance in adult PAH patients. 

March 2024: Merck & Co., Inc. reported FDA approval of Winrevair (sotatercept) to treat pulmonary arterial hypertension. Winrevair is a first-in-class activin receptor-like kinase (ALK) inhibitor, a major step forward as it addresses the root cause of the disease and not just the symptoms. It was approved based on the STELLAR Phase 3 trial, which resulted in significant improvement in clinical worsening events.

February 2025: Lupin Limited and its alliance partner Natco Pharma Limited have received U.S. FDA approval for Natco's Abbreviated New Drug Application (ANDA) for Bosentan Tablets for Oral Suspension. The generic equivalent of Tracleer is approved for the treatment of pulmonary arterial hypertension (PAH) (WHO Group 1) in pediatric patients 3 years of age and above.

March 2024: Sandoz Inc. gained FDA approval for Jubbonti (denosumab-bddz) and Wyost (denosumab-bddz), biosimilars to Prolia and Xgeva, respectively, which are interchangeable. Though not specifically PAH-related, this shows Sandoz's ongoing interest in adding to its pool of biosimilars, which ultimately might include biosimilar versions of PAH treatments when patents run out, thereby boosting market competition and patient availability.

Competitive Landscape

The pulmonary arterial hypertension market is highly competitive, with a combination of mature pharmaceutical giants and new-age biotech companies competing for market share. Players are strategically positioned to increase their product offerings through heavy investment in research and development, especially in new disease-modifying therapies for the underlying disease pathology of PAH, going beyond symptomatic management. Players are increasingly investigating combination treatments to increase efficacy and deliver better outcomes for patients. Mergers and acquisitions, collaborations, and licensing arrangements are common moves used to enhance market presence and pipeline strength. The takeover of prospective drug candidates or firms with a significant emphasis on orphan diseases such as PAH enables industry leaders to readily incorporate new science and enlarge their therapeutic pipelines. Patient-centric strategies, such as designing easy-to-use drug delivery systems & patient support initiatives, are also emerging as key competitive differentiators. 

•    Johnson & Johnson
•    United Therapeutics Corporation
•    Bayer AG
•    Gilead Sciences, Inc.
•    Merck & Co., Inc.
•    Novartis AG
•    AbbVie Inc.
•    Acceleron Pharma, Inc.
•    Arena Pharmaceuticals, Inc.
•    Sandoz Inc.
•    Viatris Inc.
•    GlaxoSmithKline
•    Lupin Pharmaceuticals, Inc.
•    Sun Pharmaceutical Industries, Inc.
•    Teva Pharmaceutical Industries Ltd.
•    Actelion Pharmaceuticals
•    Pfizer
•    Reata Pharmaceuticals
•    Lung Biotechnology
•    Liquidia Technologies
•    SteadyMed Therapeutics
•    Complexa Inc.
•    Bellerophon Therapeutics
•    Innoven Life Sciences
•    Others

Key Questions Answered in the Report

Global Pulmonary Arterial Hypertension Market size is anticipated to reach US$ 14,785.47 million by 2035, expanding from US$ 7998.25 million in 2024 and growing steadily at a compound annual growth rate (CAGR) of 5.5%. 

Global Pulmonary Arterial Hypertension Market CAGR 5.5% Strategic Growth Forecast 2025–2035

Increased Incidence of Affiliated Conditions and Aging Population, Advancements in Diagnostics and Therapeutic Innovation, Appearance of Disease-Modifying Therapies, Untapped Potential in Emerging Economies

North America is the largest market in the North America Pulmonary Arterial Hypertension Market 31.8% share in 2024. 

  • Johnson & Johnson, United Therapeutics Corporation, Bayer AG, Gilead Sciences, Inc, Merck & Co., Inc, Novartis AG, AbbVie Inc, Acceleron Pharma, Inc, Arena Pharmaceuticals, Inc.
Market Stats

Current Industry Revenue

3743.18 Mn

2024

Forecasted Industry Revenue

6551.15 Mn

2035

CAGR %

5.1%

2025-2035

Report Attribute Details
Base Year

2024

Forecast Period

2025-2035

Historical Data

2021-2023

Forecast Units

(USD Million)

Report Update Cycle

One-Time / Quarterly / Annual Updates

                                   Pulmonary Arterial Hypertension Market Share, By Drug Class 2024

 

                                                Source: NextGen Intelligence Stats and Consulting LLP

 

Pulmonary Arterial Hypertension Market Analysis By Drug Class

Based on Drug Class, the market is segmented into Endothelin Receptor Antagonists (ERAs), PDE-5 Inhibitors, Prostacyclin and Prostacyclin Analogs, and SGC Stimulators. Prostacyclin and prostacyclin analogs held 46.8% share in 2024.  Prostacyclin and prostacyclin analogs has been referred to as a potent vasodilator and is one of the strongest therapeutic options for pulmonary arterial hypertension (PAH). It is produced from arachidonic acid through the cyclooxygenase (COX) pathway and secreted by endothelial cells in the pulmonary arteries. Prostacyclin causes binding to prostaglandin receptors, which in turn causes activation of G proteins and protein kinase, causing smooth muscle relaxation and vasodilation. The SGC Stimulators segment is growing at a CAGR of 4.8% during the forecast period. Their rapid growth is propelled by their novel mechanism of action, which consists of stimulating soluble guanylate cyclase to enhance cyclic GMP levels, resulting in vasodilation and antiproliferative action.  

 

Pulmonary Arterial Hypertension (PAH) Market Analysis By Route of Administration 

By route of administration, the market is categorized into Oral, Intravenous/ Subcutaneous, and Inhalational. The oral segment holds the highest market share of the pulmonary arterial hypertension market, occupying about 49.6% in 2024. Oral route of administration is convenient and non-invasiveness, which enhances patient compliance and quality of life. Oral treatment using endothelin receptor antagonists, PDE-5 inhibitors, and soluble guanylate cyclase stimulators are usually used as first-line therapies. These medications are effective at controlling symptoms, halting disease advancement, and decreasing rates of hospitalization. The inhalational segment is growing at a significant rate. This is attributed to higher demand for targeted pulmonary vasodilators that are administered directly to the lungs, increasing drug efficiency while reducing systemic side effects. Inhaled treatments like prostacyclin analogs provide symptom relief instantaneously and are most useful in patients who are intolerant to injectable or oral forms. 

 

Pulmonary Arterial Hypertension Market Analysis By Type

By Type, the market has been segmented into Branded and Generics. Branded drugs is the largest segment in the pulmonary arterial hypertension market. This segment had an estimated 41.6% revenue share in 2024. Branded drugs lead because PAH drug development is complex and frequently includes biologics and specialty delivery devices, requiring high R&D investment. They usually provide novel treatment alternatives supported by robust clinical evidence and regulatory approval, with high-value products. The generics is the fastest-growing segment in the pulmonary arterial hypertension market. This fast-expanding generics segment is fuelled mainly by upcoming patent expirations of a number of dominant branded PAH therapies. This will create room for the launch of more economical generic versions, enhancing patient accessibility & lowering the cost of overall treatment.

 

Pulmonary Arterial Hypertension Market by Distribution Channel

By Distribution Channel, the Pulmonary Arterial Hypertension market can be segmented into Hospitals, Retail Pharmacies, and Online Pharmacies. Hospitals grabbed highest share in the pulmonary arterial hypertension market. Hospital pharmacies represented about 58.2% of the revenue share in 2024. This is due to the complicated nature of PAH treatment, which tends to require initial diagnosis, specialized care, and administration of some therapies in a hospital environment. Hospitals are primary points of care for PAH patients, providing extensive management, including extended diagnostics and specialized drug dispensing. The online pharmacies segment is the fastest-growing segment in the pulmonary arterial hypertension market. Online pharmacies are being boosted by higher digital literacy, convenience, and the trend toward doorstep delivery of drugs. The growing e-commerce ecosystem, in addition to the development of tele-consultation services, is facilitating greater accessibility of PAH drugs to patients remotely. 

Market Stats

Current Industry Revenue

XX

XX

Forecasted Industry Revenue

XX

XX

CAGR %

6.1%

2025-2035

Report Attribute Details
Base Year

2024

Forecast Period

2025-2035

Historical Data

2021-2023

Forecast Units

(USD Million)

Report Update Cycle

One-Time / Quarterly / Annual Updates

31.8% North America

                                              North America Pulmonary Arterial Hypertension Market share, 2024

                                                   Source: NextGen Intelligence Stats and Consulting LLP

North America is the largest market in the North America Pulmonary Arterial Hypertension Market share, 2024 accounting for 31.8% share in 2024. North America has well-established healthcare infrastructure, high investment in research and development, and existence of top pharmaceutical firms. Also, the regions has good awareness of PAH, strong diagnostic facilities, and good reimbursement policies for expensive, specialist therapies. 

Asia-Pacific is poised to be the fastest-growing region in the pulmonary arterial hypertension market, projected to grow at a CAGR of 6.8%. This rapid growth is driven by growing aging population, improving healthcare infrastructure, and rising disposable incomes that lead to increased healthcare spending. In addition, rising awareness regarding PAH, especially in the growing economies of China and India, is leading to early diagnosis and wider acceptance of new-age therapies. 

Table of Contents

1.1.    Introduction
1.2.    Report Description & Objective
1.3.    Assumption And Limitation

2.1.    Data Collection
2.2.    Primary Research & Secondary Research
2.3.    Bottom-Up Approach & Top-Down Approach
2.4.    Market Analysis & Size Estimation
2.5.    Quality Check & Final Review

3.1.    Report Scope
3.2.    Executive Summary

4.1.    Top Trends To Watch
4.2.    Top Strategies Followed By Key Players
4.3.    Top Investment Pockets

5.1.    Market Definition
5.2.    Market Drivers
5.3.    Market Restraints & Challenges
5.4.    Market Opportunities

6.1.    Porter’s Five Forces’ Analysis
6.2.    Value Chain Analysis / Supply Chain Analysis
6.3.    PESTLE Analysis
6.4.    Regulatory Landscape
6.5.    Pricing Analysis

7.1.    Global Pulmonary Arterial Hypertension Market, By Drug Class
7.2.    Global Pulmonary Arterial Hypertension Market Attractiveness, By Drug Class
          7.2.1.    Endothelin Receptor Antagonists (ERAs)
          7.2.2.    PDE-5 Inhibitors
          7.2.3.    Prostacyclin and Prostacyclin Analogs
          7.2.4.    SGC Stimulators
 

8.1.    Global Pulmonary Arterial Hypertension Market, By Type
8.2.    Global Pulmonary Arterial Hypertension Market Attractiveness, By Type
          8.2.1.    Branded
          8.2.2.    Generics
 

9.1.    Global Pulmonary Arterial Hypertension Market, By Route of Administration
9.2.    Global Pulmonary Arterial Hypertension Market Attractiveness, By Route of Administration
          9.2.1.    Oral
          9.2.2.    Intravenous/ subcutaneous
          9.2.3.    Inhalational
 

10.1.    Global Pulmonary Arterial Hypertension Market, By Distribution Channel
10.2.   Global Pulmonary Arterial Hypertension Market Attractiveness, By Distribution Channel
           10.2.1.    Hospitals
           10.2.2.    Retail Pharmacies
           10.2.3.    Online Pharmacies
 

11.1.    Global Pulmonary Arterial Hypertension Market, By Geography
11.2.   Global Pulmonary Arterial Hypertension Market Attractiveness, By Geography
          11.2.1.    North America
          11.2.2.    Europe
          11.2.3.    Asia Pacific
          11.2.4.    Middle East & Africa
          11.2.5.    Latin America
 

12.1.    North America Market Overview, By Countries
12.2.    North America Market Overview, By Drug Class
12.3.    North America Market Overview, By Type
12.4.    North America Market Overview, By Route of Administration
12.5.    North America Market Overview, By Distribution Channel
           12.5.1.    United States 
           12.5.2.    Canada 
 

13.1.    Europe Market Overview, By Countries
13.2.    Europe Market Overview, By Drug Class
13.3.    Europe Market Overview, By Type
13.4.    Europe Market Overview, By Route of Administration
13.5.    Europe Market Overview, By Distribution Channel
           13.5.1.    Germany 
           13.5.2.    France 
           13.5.3.    UK 
           13.5.4.    Italy 
           13.5.5.    Spain 
           13.5.6.    Rest of Europe 
 

14.1.    Asia Pacific Market Overview, By Countries
14.2.    Asia Pacific Market Overview, By Drug Class
14.3.    Asia Pacific Market Overview, By Type
14.4.    Asia Pacific Market Overview, By Route of Administration
14.5.    Asia Pacific Market Overview, By Distribution Channel
           14.5.1.    India 

           14.5.2.    China 
           14.5.3.    Japan 
           14.5.4.    South Korea 
           14.5.5.    Rest of Asia Pacific 
 

15.1.    Middle East & Africa Market Overview, By Countries
15.2.    Middle East & Africa Market Overview, By Drug Class
15.3.    Middle East & Africa Market Overview, By Type
15.4.    Middle East & Africa Market Overview, By Route of Administration
15.5.    Middle East & Africa Market Overview, By Distribution Channel
           15.5.1.    GCC 
           15.5.2.    South Africa 
           15.5.3.    Rest of Middle East & Africa 
 

16.1.    Latin America Market Overview, By Countries
16.2.    Latin America Market Overview, By Drug Class
16.3.    Latin America Market Overview, By Type
16.4.    Latin America Market Overview, By Route of Administration
16.5.    Latin America Market Overview, By Distribution Channel
           16.5.1.    Brazil 
           16.5.2.    Argentina 
           16.5.3.    Rest of Latin America 
 

17.1.    Key Developments
          17.1.1.    Partnerships, Collaborations, Agreements
          17.1.2.    Mergers & Acquisitions
          17.1.3.    New Product Developments
          17.1.4.    Other Developments
17.2.    Company Share Analysis
17.3.    Company Profiles
           17.3.1.    Johnson & Johnson
                   17.3.1.1.    Company Overview
                   17.3.1.2.    Product Overview
                   17.3.1.3.    Financial Insights
                   17.3.1.4.    Recent Developments
                   17.3.1.5.    SWOT Analysis
            17.3.2.    United Therapeutics Corporation
            17.3.3.    Bayer AG
            17.3.4.    Gilead Sciences, Inc.
            17.3.5.    Merck & Co., Inc.
            17.3.6.    Novartis AG
            17.3.7.    AbbVie Inc.
            17.3.8.    Acceleron Pharma, Inc.
            17.3.9.    Arena Pharmaceuticals, Inc.
            17.3.10.    Sandoz Inc.
            17.3.11.    Viatris Inc.
            17.3.12.    GlaxoSmithKline
            17.3.13.    Lupin Pharmaceuticals, Inc.
            17.3.14.    Sun Pharmaceutical Industries, Inc.
            17.3.15.    Teva Pharmaceutical Industries Ltd.
            17.3.16.    Actelion Pharmaceuticals
            17.3.17.    Pfizer
            17.3.18.    Reata Pharmaceuticals
            17.3.19.    Lung Biotechnology
            17.3.20.    Liquidia Technologies
            17.3.21.    SteadyMed Therapeutics
            17.3.22.    Complexa Inc.
            17.3.23.    Bellerophon Therapeutics
            17.3.24.    Innoven Life Sciences
 

Research Methodology

Data Collection

Primary Research & Secondary Research

Bottom-Up Approach & Top-Down Approach

Market Analysis & Size Estimation

Quality Check & Final Review

Market segmentation

By Drug Class
•    Endothelin Receptor Antagonists (ERAs)
•    PDE-5 Inhibitors
•    Prostacyclin and Prostacyclin Analogs
•    SGC Stimulators

By Type
•    Branded
•    Generics

By Route of Administration
•    Oral
•    Intravenous/ subcutaneous
•    Inhalational

By Distribution Channel
•    Hospitals
•    Retail Pharmacies
•    Online Pharmacies