Press release
Global Breakthrough Therapy (BT) Designation Market In-Depth Insight Of Sales Analysis, Growth Forecast And Upcoming Trends Opportunities By Types And Application To 2026|Novartis AG, Janssen Global Services, LLC, Eli Lilly and Company, Gilead Sciences, I
Global Breakthrough Therapy (BT) Designation Market
Global Breakthrough Therapy (BT) Designation Market is expected to rise from its initial estimated value of USD 57.56 billion to an estimated value of USD 167.10 billion by 2026, registering a CAGR of 14.25% in the forecast period of 2019-2026. Increasing demand for cancer therapies is driving the growth of this market.
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Key Developments in the Market:
In January 2015, Lucentis has got dsignation from US Food and Drug Administration for their Breakthrough Therapy (BT) designation which is specially designed for the diabetic patients. FDA gave them approval on the basis of result of RISE and RIDE phase 3 trials.
In April 2015, DBV Technologies announced that there Viaskin Peanut patch has received the Breakthrough Therapy" (BT) designation from the US Food and Drug Administration (FDA). This Viaksin targets the antigen-presenting cells so that they can directly apply superficial layers of the skin.
Market Drivers
Increasing demand for orphan drugs among consumer is driving the growth of this market.
Increasing adoption of BT status in molecules is driving the market.
Market Restraints
Expensive cost of the BT drug is restraining the growth of this market.
Availability of generics is restraining the market growth.
Table Of Content:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Global Breakthrough Therapy (BT) Designation Market Landscape
Part 04: Global Breakthrough Therapy (BT) Designation Market Sizing
Part 05: Global Breakthrough Therapy (BT) Designation Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Segmentation: Global Breakthrough Therapy (BT) Designation Market
By Application
Oncology
Infectious Diseases
Rare Diseases
Autoimmune Diseases
Pulmonary Diseases
Neurological Disorders
Others
By End- User
Hospital
Clinic
Research Institute
Laboratories
By Geography
North America
South America
Europe
Asia-Pacific
Middle East & Africa
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