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Global Orphan Drug Market Analysis of Emerging Key Vendors Such as like Bristol-Myers Squibb Company, Celgene Corporation, F. Hoffmann-La Roche Ltd, Amgen, Biogen, Bayer, Novartis AG, GlaxoSmithKline plc, Johnson & Johnson, AbbVie Inc, Eli Lilly and Compa
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As per the FDA & EMA, orphan drug are the drugs being used to treat disease with number of cases in US are less than 0.2 Million and not more than 5 in 10,000 people across the EU. Orphan drugs market are recognised as the potential therapeutic market because diseases which are covered under the market are life-threatening diseases.
Increasing the research & development and speeding up the clinical research activities by small and mid-size pharmaceutical companies are driving the growth of orphan drug market. For instance, currently, more than 400 orphan drugs are commercially available in the market and around 1000 drugs are undergoing clinical trials.
On the other flip side, the prevalence of patients suffering from rare disorders is less, for instance, According to the survey carried out by QuintilesIMS Institute, only 6,084 rare diseases were reported in the US in 2016, because of this many pharmaceutical industries do not entertain the manufacturing of orphan drugs. Thus, less adoption rate of these drugs restrains the market. However, the various financial and legal incentive provided by the governments and technological advancement expected to fuel the growth of market near the future.
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The orphan drug market is fragmented with presence of many players that operates in Orphan Drug in local as well as international market.
Global Orphan Drug Market reports cover major players like Bristol-Myers Squibb Company, Celgene Corporation, F. Hoffmann-La Roche Ltd, Amgen, Biogen, Bayer, Novartis AG, GlaxoSmithKline plc, Johnson & Johnson, AbbVie Inc, Eli Lilly and Company, Alexion, Pharmaceuticals, Shire, Novo Nordisk, AstraZeneca, Eisai, Daiichi Sankyo, Merck, Teva, Pharmaceutical Industries, Actelion Pharmaceuticals Ltd., Aegerion Pharmaceuticals among others.
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Market Segments
Global Orphan Drug Market by Drug Type Revenue (US$ Mn) Forecast 2020-2028
o Biological
o Non-Biological
Global Orphan Drug Market Based on Top Selling Drugs Revenue (US$ Mn) Forecast 2020-2028
o Revlimid
o Rituxan
o Copaxone
o Opdivo
o Keytruda
o Imbruvica
o Avonex
o Sensipar
o Soliris
o Other Top Selling Drugs
Global Orphan Drug Market Based on Therapy Area (US$ Mn) Forecast 2020-2028
o Oncology
o Blood
o Central Nervous System
o Endocrine
o Cardiovascular
o Respiratory
o Immunomodulatory
o Other Disease Types
Global Orphan Drug Market Based on Region Revenue (US$ Mn) Forecast 2020-2028
Europe Revenue (US$ Mn) Forecast 2020-2028
o U.K.
o Germany
o France
o Italy
o Spain
o Russia
o Rest of Europe
North America Revenue (US$ Mn) Forecast 2020-2028
o U.S.
o Canada
Asia Pacific Revenue (US$ Mn) Forecast 2020-2028
Latin America Revenue (US$ Mn) Forecast 2020-2028
Middle East & Africa Revenue (US$ Mn) Forecast 2020-2028
Why should buy this report:
To receive a comprehensive analysis of the prospects for Global Orphan Drug Market
To receive industry overview and future trends Orphan Drug market
To analyze the Orphan Drug market drivers and challenges
To get information on Orphan Drug size value/revenue (US$ Mn) forecast till 2028
Major Investments, Mergers & Acquisition in Orphan Drug industry
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