Press release
Orphan Drugs Market Global Outlook, Opportunity Analysis,Trends and Forecast to 2028| Celgene Corporation, Alexion Pharmaceuticals, Inc., Novartis AG, Takeda Pharmaceuticals Company Limited
Orphan Drugs Market
The regions covered in the report are North America, Europe, Asia Pacific, and Rest of the World (RoW). North America is the leading region for the orphan drugs market growth followed by Europe. Asia Pacific and RoW are set to be the emerging regions. India, China, and Japan are set to be the most attractive destinations due to the large untapped market.
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The global orphan drugs market is anticipated to pave way for the entry of several new players in the coming years. This is mainly because of the rapid drug development and discovery over the years. Several leading companies are manufacturing orphan drugs to build a nimble and agile framework. Some of the savvy players present in the global orphan drugs market are Actelion Pharmaceuticals Ltd., Biogen, Eli Lilly and Company, Bayer AG, Amgen Inc., and Pfizer Inc. These leading players are likely to give tough competition to the small entrants. Therefore, these small scale companies may need support from governments and other authorities to sustain in the market
The Orphan drugs market report highlights market opportunities and competitive scenarios for biopharmaceutical on a regional and global basis. Market size estimation and forecasts have been provided based on a unique research design customized to the dynamics of the orphan drugs market.
The demand for orphan drugs has increased significantly owing to the surge in prevalence of rare diseases. However, the limited patient pool for clinical trials and product marketing is hampering the market. Moreover, growth in novel indications for known orphan drugs and untapped emerging economies are expected to provide new market opportunities to orphan drug manufacturers in the near future.
Based on the Therapy Class, the Oncology segment is estimated to have a lucrative growth due to the rise in the number of patients suffering from different types of cancers. This also increases the demand for novel therapeutics, which as per the report will bode well for the global orphan drugs market.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
Celgene Corporation
Alexion Pharmaceuticals
Novartis AG
Takeda Pharmaceuticals Company Limited
Biogen Idec Limited
Eli Lilly and company
Bristol-Myers Squibb
This report provides:
1. An overview of the global market for global orphan drugs market and related technologies.
2. Analysis of global market trends, yearly estimates and annual growth rate projections for compounds (CAGRs).
3. Identification of new market opportunities and targeted consumer marketing strategies for global orphan drugs market.
4. Analysis of R&D and demand for new technologies and new applications
5. Extensive company profiles of key players in industry
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This region is likely to witness the highest number of FDA approvals for the orphan drug development, encouraging companies to develop new orphan drugs. In addition to this, the increasing emphasis on the implementation of orphan drugs act in North America is likely to create growth opportunities in the market. Besides North America, Europe is also anticipated to witness considerable growth owing to the incentivization of orphan drug manufacturing. Asia Pacific is expected to exhibit a considerable CAGR during the forecast period. This is ascribable to the increasing prevalence of rare diseases.
North America accounted for the largest share in the global orphan drugs market, with the U.S. contributing a significant portion to the overall regional growth. The increase in government incentives coupled with high demand for end-products are the primary factors that are positively influencing the market growth in North America. The extended period of seven years of market exclusivity permitted after orphan drug designation have further driven the growth of the market.
Market Segmentation:
By Disease Type:
Neurology
Cardiovascular
Oncology
Metabolic Disorders
Gastrointestinal
Pulmonary
Hematology
Endocrinology
Infectious diseases
By Product Type:
Biologic
Non-biologic
By Distribution Channel:
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
By Region:
North America
North America, by Country
US
Canada
Mexico
North America, by Disease Type
North America, by Product Type
North America, by Distribution Channel
Western Europe
Western Europe, by Country
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Western Europe
Western Europe, by Disease Type
Western Europe, by Product Type
Western Europe, by Distribution Channel
Asia Pacific
Asia Pacific, by Country
China
India
Japan
South Korea
Australia
Indonesia
Rest of Asia Pacific
Asia Pacific, by Disease Type
Asia Pacific, by Product Type
Asia Pacific, by Distribution Channel
Eastern Europe
Eastern Europe, by Country
Russia
Turkey
Rest of Eastern Europe
Eastern Europe, by Disease Type
Eastern Europe, by Product Type
Eastern Europe, by Distribution Channel
Middle East
Middle East, by Country
UAE
Saudi Arabia
Qatar
Iran
Rest of Middle East
Middle East, by Disease Type
Middle East, by Product Type
Middle East, by Distribution Channel
Rest of the World
Rest of the World, by Country
South America
Africa
Rest of the World, by Disease Type
Rest of the World, by Product Type
Rest of the World, by Distribution Channel
Reasons to Buy This Report:
Provides niche insights for decision about every possible segment helping in strategic decision making process.
Market size estimation of the orphan drugs market on a regional and global basis.
A unique research design for market size estimation and forecast.
Identification of major companies operating in the market with related developments
Exhaustive scope to cover all the possible segments helping every stakeholder in the orphan drugs market.
Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: US +1 208 405 2835UK +44 121 364 6144 APAC +91 706 672 4848
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com
ABOUT US:
QMI has the most comprehensive collection of market research products and services available on the web. We deliver reports from virtually all major publications and refresh our list regularly to provide you with immediate online access to the world's most extensive and up-to-date archive of professional insights into global markets, companies, goods, and patterns.
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