Global Orphan Drugs Market Key Trends (2017-2026)_ By Disease Type, Indication, and Geography.
Orphan Drug is required to cure disease or disorder as it affects less than 1 in 2,000 people. This disease is called Orphan because their prevalence rate is very low and hence appeal to a very small patient population. The pharmaceutical industrial sector has very less interest in developing and producing these drugs because as compared to non-orphan drugs, these drugs do not guarantee healthy returns on investment.Driving factors of Orphan Drug market is rising prevalence of lifestyle disorder, growth in the number of private diagnostic and caring. Additionally, the rise in investment for the development of healthcare sector by a government is anticipated to boost the market growth.
Orphan Drugs Market is expected to reach 346.84 billion by 2026 from 117.52 billion in 2016 at CAGR of 11.43.
Global Orphan Drugs Market Key Trends, By Disease Type:
• Oncologic Diseases
• Metabolic Diseases
• Hematologic and Immunologic Diseases
• Infectious Diseases
• Neurologic Diseases
• Other Rare Diseases
Global Orphan Drugs Market Key Trends , By Indication:
• Non-Hodgkins Lymphoma
• Acute Myeloid Leukemia
• Cystic Fibrosis
• Glioma
• Pancreatic Cancer
• Ovarian Cancer
• Multiple Myeloma
• Duchenne Muscular Dystrophy
• Graft vs. Host disease
• Renal Cell Carcinoma
Global Orphan Drugs Market Key Trends , By Geography:
• Asia Pacific
• Europe
• North America
• Middle East & Africa
• Latin America
Orphan Drugs Market: Global Industry Analysis and Forecast 2026
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