Orphan Drug Market Size, Trends, and Growth Forecast 2024-2030


Posted October 10, 2024 by sswadekar

The Orphan Drug Market size was valued at USD 232.12 billion in 2023 and the total Orphan Drug revenue is expected to grow at a CAGR of 9.7% from 2024 to 2030, reaching nearly USD 443.77 billion by 2030.
 
The Orphan Drug Market size was valued at USD 232.12 billion in 2023 and the total Orphan Drug revenue is expected to grow at a CAGR of 9.7% from 2024 to 2030, reaching nearly USD 443.77 billion by 2030.

Orphan Drug Market Overview:

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Orphan Drug Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Orphan Drug Market.

Get your sample copy of this report now! https://www.maximizemarketresearch.com/request-sample/342/

Orphan Drug Market Scope and Methodology:

The Orphan Drug Market requires a mix of both qualitative and quantitative research methods. Orphan Drug Market information is gathered through different research methods including expert advice, primary and secondary research, both qualitative and quantitative. Primary research gathers important data from interviews, surveys, questionnaires, and input from industry experts, customers and other sources either in person or over the phone.

The report provides in-depth analysis on different strategies used by leading companies, such as partnerships, mergers, acquisitions, and collaborations. The report conducted a SWOT analysis to evaluate the company's market position through identifying its strengths, weaknesses, opportunities, and threats. Analytical techniques, such as examining investment returns, conducting a feasibility study, and using Porter's five forces analysis, were employed to assess the Orphan Drug market. The bottom-up approach was used to determine the global and regional Orphan Drug market sizes.

Orphan Drug Market Regional Insights:

The Orphan Drug Market report is segmented into various key countries. Countries such as North America (United States, Canada, Mexico), Europe (United Kingdom, Germany, France, Spain, Italy, Rest of Europe), Asia Pacific (China, India, Japan, Australia, South Korea, ASEAN countries, other APAC countries), South America (Brazil), and the Middle East and Africa.

Download your sample copy of this report today! https://www.maximizemarketresearch.com/request-sample/342/

Orphan Drug Market Segmentation:

by Product
Biological
Non-Biological

In terms of product type, the biologicals sector accounted for the greatest proportion of the orphan drug market in 2023 and is anticipated to increase at a compound annual growth rate (CAGR) of 9.6% through 2030. The market for biologicals is expanding as a means of treating uncommon illnesses. These medications provide specialised treatments for diseases such uncommon malignancies and genetic abnormalities.

by Disease Type
Oncology
Pancreatic Cancer
Ovarian cancer
Multiple Myeloma
Renal Cell Carcinoma
Others
Hematology
Hereditary Angioedema (HAE)
Hemophilia
Others
Neurology
Duchenne Muscular Dystrophy
Alzheimer's Disease
Huntington's Disease
Others
Cardiovascular

For orphan drug development, the oncology illness segment leads the way by disease category for a number of reasons. The growing knowledge of the genetic and molecular causes of cancer is one of the main forces behind the discovery of uncommon cancer subtypes that can be treated with precision medicine.

by Therapy Type
Oncology
Neuromuscular
Respiratory
Hematology
Others

by Distribution Channel
Hospital pharmacies
Retail pharmacies
Online pharmacies
others

Orphan Drug Market Key Players:

1. Takeda Pharmaceutical Company Limited
2. Novartis AG
3. Johnson & Johnson
4. F. Hoffmann-La Roche Ltd
5. Bristol-Myers Squibb Company (Celgene Corporation)
6. Amgen Inc.
7. Bayer AG
8. Alexion Pharmaceutical Inc.
9. Novo Nordisk A/S
10. Pfizer Inc.
11. Eli Lilly and Company
12. Merck KGaA
13. Bristol-Myers Squibb Company
14. Amgen Inc.,
15. Alexion Pharmaceutical Inc

For additional insights into this study, please refer to: https://www.maximizemarketresearch.com/market-report/orphan-drugs-market/342/

Key questions answered in the Orphan Drug Market are:

What is Orphan Drug?
What is the growth rate of the Orphan Drug Market?
Which are the factors expected to drive the Orphan Drug Market growth?
What are the upcoming opportunities and trends for the Orphan Drug Market?
Who are the leading companies and what are their portfolios in Orphan Drug Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Orphan Drug Market?
Who are the key players in the Orphan Drug Market?
What are the different segments of the Orphan Drug Market?
Which is the fastest growing region in the Orphan Drug Market?
What growth strategies are the players considering to increase their presence in Orphan Drug?
What is the CAGR at which the Orphan Drug Market will grow during the forecast period?
What segments are covered in the Orphan Drug Market?
Key Offerings:

Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size & Forecast by different segment
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

Contact Maximize Market Research:

3rd Floor, Navale IT Park, Phase 2

Pune Banglore Highway, Narhe,

Pune, Maharashtra 411041, India

[email protected]

+91 96071 95908, +91 9607365656
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Last Updated October 10, 2024