The global orphan drug market size was USD 154.20 Billion in 2022 and is expected to register a rapid revenue CAGR of 12.3 % during the forecast period. Rising frequency of uncommon illnesses and increasing number of governments providing regulatory incentives for development of orphan drugs are major factors driving market revenue growth.
The latest research report by Emergen Research, named ‘Global Orphan Drug Market. The report provides a detailed outlook on how the pandemic has affected the key segments of the Orphan Drug Market industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Orphan Drug Market industry. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Orphan Drug Market
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Orphan Drug market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Pfizer Inc. AbbVie Inc., Novartis AG, Amryt Pharma plc, Amgen Inc., GSK plc., JOHNSON JOHNSON (JANSSEN GLOBAL SERVICES, LLC.), Sanofi, F. Hoffmann-La Roche Ltd , Takeda Pharmaceutical Company Limited. Teva Pharmaceutical Industries Ltd. Bristol-Myers Squibb Company, Biogen, Merck Co., Inc., and Jazz Pharmaceuticals, Inc
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Emergen Research has segmented the global Orphan Drug market on the basis of type, application, end-use, and region:
Drug Type Outlook (Revenue, USD Billion; 2019-2032)
- Biologics
- Non-Biologics
Therapy Outlook (Revenue, USD Billion; 2019-2032)
- Oncology
- Hematology
- Neurology
- Infectious Diseases
- Metabolic Disorders
- Endocrinology
- Immunology
- Others
End-use Outlook (Revenue, USD Billion; 2019-2032)
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
- Others
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of the Orphan Drug Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Orphan Drug Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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