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Comprehensive Report on Orphan Drug Market

The orphan drug market is projected to grow at a CAGR of 10.94% to reach US$285.799 billion in 2023 from US$153.275 billion in 2017. During the forecast period, prescription sales in the orphan drug sector are projected to grow at twice the rate of the overall prescription market.

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Comprehensive Report on Orphan Drug Market

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  1. Orphan Drug Market Forecast From 2019 to 2024

  2. DESCRIPTION As per the latest reports by Knowledge Sourcing Intelligence, The orphan drug market is projected to grow at a CAGR of 10.94% to reach US$285.799 billion in 2023 from US$153.275 billion in 2017. During the forecast period, prescription sales in the orphan drug sector are projected to grow at twice the rate of the overall prescription market. However, various government authorities encourage to develop and market orphan drugs. The cost incurred during the research and development of orphan drugs is higher when compared with non-orphan drugs. The orphan drug market is classified into various segments by disease types, indication, and geographical regions. In the orphan drugs disease type segment, oncologic diseases occupied a significant share of the market and the segment is predicted to maintain the attained growth trend during the forecast period. This is due to the growing prevalence of different forms of rare cancers, such as leukemia, myeloma, angiosarcoma, and others prevalent in the patient population.

  3. Key Questions Answered By The Report • What will be Orphan Drug Marketfrom 2019 to 2024? • How are the major drivers and restraints affecting the Orphan Drug Market? • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth

  4. Segments Covered Under Orphan Drug Market  are : • By Disease Type • Oncologic Disease • Metabolic Disease • Hematologic and Immunologic Disease • Infectious Disease • Neurologic Disease • Others • By Product Type • Biological Products • Non-biological Products

  5. Geography North America USA Canada Others South America Brazil Others Europe Germany France United Kingdom Others

  6. Geography Middle East and Africa Saudi Arabia Israel Others Asia Pacific China Japan South Korea India Others

  7. COMPANY PROFILES • Bayer • Amryt Pharma PLC • Bristol-Myers Squibb Company • Novartis AG • Celgene Corporation • F.Hoffman-La Roche AG • Pfizer Inc. • Alexion • Sanofi  • AbbVie, Inc. • RegeneRX Biopharmaceuticals, Inc. • Johnson & Johnson Services, Inc. • Shire PLC • Merck & Co. Inc. • AstraZeneca

  8. TO ORDER OR REQUEST FOR A SAMPLE: Orphan Drug Market– Forecasts from 2019 to 2024 Link : https://www.knowledge-sourcing.com/report/orphan-drugs-market Price: US$3,950 – Single User License US$4,550 – Multi User License US$6,950 – Enterprise License Payment: To pay by Credit Card, please, click “Add to Cart” button on product page and proceed with payment. For wire transfer, write to us at sales@knowledge-sourcing.com For any custom requirements or queries, please visit our website or call us: Website: www.knowledge-sourcing.com Phone: +1-850-250-1698

  9. Contact Us Address Knowledge Sourcing Intelligence LLPSuite 406, BSI Business ParkH-140, Sector 63 Noida, U.P. - 201301India Phone: +1-850-250-1698 Email info@knowledge-sourcing.com Visit us : https://www.knowledge-sourcing.com

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