Saudi Arabia Sedative Drugs Market (2022-2028) | Forecast, Size, Trends, Outlook, Revenue, Share, Analysis, Value, Segmentation, Industry & COVID-19 IMPACT

Saudi Arabia Sedative Drugs Market Synopsis

Saudi Arabia sedative drugs market growth is driven by factors such as the rising prevalence of anxiety disorders and depression, the growing geriatric population, and the increasing use of sedatives for recreational purposes. However, the market is restrained by factors such as the availability of alternative treatments and the risks associated with Sedative abuse.

According to 6Wresearch, the Saudi Arabia Sedative Drugs Market size is expected to grow during 2022-2028. Sedatives are drugs that slow down the central nervous system. They are typically used to treat anxiety or insomnia. Saudi Arabia is one of the largest markets for sedative drugs in the Middle East and Africa Sedative Drugs Market. Sedatives are a class of medication used to induce sleep or relieve anxiety before surgery or other medical procedures. They are also known as central nervous system (CNS) depressants. The most common types of sedative drugs include benzodiazepines, barbiturates, and ethanol.

The key trends driving the growth of the Saudi Arabia sedative drugs market include the increasing prevalence of anxiety and insomnia, the growing geriatric population, and the rising number of road accidents. Additionally, the availability of generic drugs and the increasing use of complementary and alternative medicines are expected to boost the growth of this market. However, the side effects associated with sedative drug use and the strict regulations on prescriptions are expected to restraint Saudi Arabia Sedative Drugs Market revenue over the forecast period. 

Market Analysis based on Drug Class

Based on drug type, the market is divided into barbiturates, benzodiazepines, chloral hydrate, ethchlorvynol, methaqualone, paraldehyde, and others. The Benzodiazepines segment accounted for the largest share of the market in 2017 due to its high efficacy rate.

Benzodiazepines are the most commonly prescribed type of sedative drug in Saudi Arabia. These drugs work by reducing the activity of the brain and nervous system. Commonly prescribed benzodiazepines in Saudi Arabia include diazepam (Valium), lorazepam (Ativan), and alprazolam (Xanax). Barbiturates are another type of sedative drug that were once widely prescribed but have since been replaced by safer options such as benzodiazepines. 

Market Analysis based on Application

Based on Application, the market is classified into anxiety Disorders, Insomnia Disorder/Sleep Disorder & Alzheimer’s Disease/Dementia. The insomnia disorder/sleep disorder segment is projected to grow at the fastest CAGR during the forecast period owing to the increasing prevalence of sleep disorders in Saudi Arabia. 

Impact of COVID-19 on the Saudi Arabia Sedative Drugs Market

COVID-19 had a neutral effect on the Global Sedative Drugs Market owing to many sociocultural factors. The pandemic led to strict isolation within the house for all individuals which increased the underlining problems of sleep disorder, anxiety, and depression for many individuals which led to an increase in the demand for drugs. However, the market suffered from the frozen supply chains which affected the manufacturing and transportation of the product having a negative impact on the market.

Key Players operating in the Saudi Arabia Sedative Drugs Market

There are several key players operating in the Saudi Arabia sedative drugs market share. Major players in the market include:

• Johnson & Johnson Services, Inc.
• Pfizer Inc.
• GlaxoSmithKline plc.
• Sanofi SA
• Novartis AG
• Bayer AG.

These companies hold a significant share in the market owing to their strong product portfolio and widespread geographical presence. 

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2018 to 2021.
• Base Year: 2021.
• Forecast Data until 2028.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• Saudi Arabia Sedative Drugs Market Outlook
• Market Size of Saudi Arabia Sedative Drugs Market, 2021
• Forecast of Saudi Arabia Sedative Drugs Market, 2028
• Historical Data and Forecast of Saudi Arabia Sedative Drugs Revenues & Volume for the Period 2018 - 2028
• Saudi Arabia Sedative Drugs Market Trend Evolution
• Saudi Arabia Sedative Drugs Market Drivers and Challenges
• Saudi Arabia Sedative Drugs Price Trends
• Saudi Arabia Sedative Drugs Porter's Five Forces
• Saudi Arabia Sedative Drugs Industry Life Cycle
• Historical Data and Forecast of Saudi Arabia Sedative Drugs Market Revenues & Volume By Drug Class for the Period 2018 - 2028
• Historical Data and Forecast of Saudi Arabia Sedative Drugs Market Revenues & Volume By Benzodiazepines for the Period 2018 - 2028
• Historical Data and Forecast of Saudi Arabia Sedative Drugs Market Revenues & Volume By Barbiturates for the Period 2018 - 2028
• Historical Data and Forecast of Saudi Arabia Sedative Drugs Market Revenues & Volume By Antihistamines for the Period 2018 - 2028
• Historical Data and Forecast of Saudi Arabia Sedative Drugs Market Revenues & Volume By Nonbenzodiazepine for the Period 2018 - 2028
• Historical Data and Forecast of Saudi Arabia Sedative Drugs Market Revenues & Volume By Methaqualone and Analogues for the Period 2018 - 2028
• Historical Data and Forecast of Saudi Arabia Sedative Drugs Market Revenues & Volume By Opioids for the Period 2018 - 2028
• Historical Data and Forecast of Saudi Arabia Sedative Drugs Market Revenues & Volume By Others for the Period 2018 - 2028
• Historical Data and Forecast of Saudi Arabia Sedative Drugs Market Revenues & Volume By Application for the Period 2018 - 2028
• Historical Data and Forecast of Saudi Arabia Sedative Drugs Market Revenues & Volume By Sleep Disorders for the Period 2018 - 2028
• Historical Data and Forecast of Saudi Arabia Sedative Drugs Market Revenues & Volume By Anesthesia for the Period 2018 - 2028
• Historical Data and Forecast of Saudi Arabia Sedative Drugs Market Revenues & Volume By Pain for the Period 2018 - 2028
• Historical Data and Forecast of Saudi Arabia Sedative Drugs Market Revenues & Volume By Others for the Period 2018 - 2028
• Saudi Arabia Sedative Drugs Import Export Trade Statistics
• Market Opportunity Assessment By Drug Class
• Market Opportunity Assessment By Application
• Saudi Arabia Sedative Drugs Top Companies Market Share
• Saudi Arabia Sedative Drugs Competitive Benchmarking By Technical and Operational Parameters
• Saudi Arabia Sedative Drugs Company Profiles
• Saudi Arabia Sedative Drugs Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Drug Class 

• Benzodiazepines
• Barbiturates
• Antihistamines
• Nonbenzodiazepine
• Methaqualone And Analogues
• Opioids
• Others

By Application

• Sleep Disorders
• Anesthesia
• Pain
• Others

Saudi Arabia Sedative Drugs Market: FAQs