Press Release Description
Qatar Pharmaceuticals Market to Touch USD698 Billion Mark by 2030 Due to Increasing Cases of Chronic Disorders
Qatar Pharmaceuticals Market Overview, Trends, Size and Forecast: 2025-2030
The Qatar Pharmaceuticals Market size is valued at around USD 532 billion in 2025 and is projected to reach USD 698 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 5.58% during the forecast period, i.e., 2025-30, cites MarkNtel Advisors in the recent research report. The market growth is driven by significant growth factors, including the better healthcare requirements due to the growing incidence of chronic diseases & infectious diseases, the allocation of heavy funds through Qatar’s government, and the widespread adoption of e-pharmacy due to the presence of low production facilities for pharmaceutical products. One of the major growth factors is the rapid surge in the elderly population in Qatar, which is extremely vulnerable to these diseases due to low immunity. Approximately thousands of individuals are senior citizens in Qatar, which is expected to rise to lakhs of individuals in the upcoming years. As a result, the rapidly growing aging population is accelerating the market size & volume.
Additionally, the government of the country is providing a substantial amount of funds for the extension of pharmaceutical production units in the country to minimize import reliance. Also, the companies are investing heavily in the incorporation of smart technologies in the manufacturing units to improve the pharmaceutical industry, thus contributing to the potential market growth & expansion.
Moreover, the high internet penetration and smartphone adoption have led to the entry of e-pharmacy in the country, which is positively shaping the growth trajectory of the Pharmaceutical Industry. However, the shortage of production facilities leads to high import dependence, thus hampering the market growth, further states the research report, “Qatar Pharmaceuticals Market Analysis, 2025.”
Qatar Pharmaceuticals Market Segmentation Insights:
Prescription Drugs Hold the Largest Market Share
Based on the product type, the market is further segmented into Prescription Drugs, Over-the-counter Drugs, and Biologics & Biosimilars. Out of these, the prescription drugs are leading the market and hold the largest market share of about 75%. The dominance is due to the high severity of various kinds of diseases in Qatar, which is followed by the recommendation of doctors for better prevention and cure.
Additionally, prescription drugs are trustworthy, as recommended by doctors, thus contributing to market growth. These apply to widespread diseases, such as diabetes, TB, cardiovascular diseases, respiratory diseases, etc. Additionally, prescription drugs are cost-effective and easily available as compared to other types of drugs, including biologics, biosimilars, and over-the-counter medicines. Consequently, Qatar is producing millions of drugs per year, showing its dominance in the Qatar Pharmaceutical Market.
Hospital Pharmacies are the Most Preferred Distribution Channels
The Hospital pharmacies are the dominating segment in this market, holding a market share of nearly 28%. The dominance is due to the widespread presence of hospital pharmacies across Qatar, which is more than 198 in number. These are rapidly growing as hospitals deal with a large number of patients daily, which increases the probability of these patients purchasing medications from the nearest spot, which is the hospital pharmacy itself, thus contributing to the dominance of these in the market segment. Additionally, the majority of the medications are prescription drugs only, which are only written in hospitals during visits, so it makes it easier for the patients to purchase the drugs from the nearest distribution channel, that is, the hospital pharmacies, thus leading the market segment.
Moreover, hospital pharmacies are equipped with healthcare services such as diagnostics and treatment, making them convenient for patients to get prescribed medicines quickly, improving treatment adherence. These factors are increasing the market growth.
Top Companies in the Qatar Pharmaceuticals Market
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading Qatar Pharmaceuticals Market companies, including QATAR PHARMA, QLife Pharma, Pharmakeia, Doha Drug Store, Qatar Pharmaceutical Industries (QPI), Philex Pharmaceuticals, DOHAPHARMA Co., Ltd., International Medical Company (Kulud Pharmacy), Mannai Medical & Scientific, MBM Medicines Trading, and others, are looking forward to increase their market size & share.
Key Questions Answered in the Research Report
- What is the scope, size, value, and forecast of the Qatar Pharmaceuticals Market?
- What is the volume and share of each segment in the Qatar Pharmaceuticals Market?
- What are the key trends shaping the Qatar Pharmaceuticals Market from 2025 to 2030?
- What growth factors and risks impact the Qatar Pharmaceuticals Market?
- What are the main challenges faced by players in the Qatar Pharmaceuticals Market?
- What are the top opportunities in the Qatar Pharmaceuticals Market?
- What does competitive analysis reveal about the Qatar Pharmaceuticals Market landscape?
- Who are the key players and companies leading the Qatar Pharmaceuticals Market?
- What innovations are transforming the future dynamics of the Qatar Pharmaceuticals Market?
- How are partnerships and collaborations driving the Qatar Pharmaceuticals Market growth?
- How does the Qatar Pharmaceuticals Market differ based on geography and segments?
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