Title: Global Orphan Drugs Market Report: 2016 Edition - New Report by Koncept Analytics
1Global Orphan Drugs Market Report
----------------------------------------- 2016
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2View Report Details
- Executive Summary
- A rare disease is the one that occurs uncommonly
or rarely in the general population. However,
there exists no clear definition for categorizing
rare diseases and is usually defined on the
basis of the prevalence, and some other factors
including the severity of disease and
availability of treatment options. Rare diseases
are often serious, chronic and progressive.
Orphan drugs are medicinal products intended for
the diagnosis, prevention or treatment of rare
diseases. These drugs are referred to be orphan
as under normal conditions because these drugs
are not cost effective to be developed by the
pharmaceuticals industry, intended for a small
number of patients suffering from rare
conditions. - Increasing sales of prescription drugs,
substantial benefits for new entrants in rare
disease drug market, increased spending on
medicines, rising healthcare expenditure and
improving economic conditions of nations are some
of the significant factors driving growth of the
Orphan drugs market. However, the growth of the
market is hindered by certain challenges
including tougher regulatory approvals,
limitation on charging higher prices and no
approved drugs for several rare diseases
including Polychethemia Vera (PV). - The global orphan drugs market is expected to see
numerous developments including approval of
several Ultra-Rare drugs, increasing scope of
Gene therapy, development of drugs for rare blood
disease, higher success prospects for Hematology
compared to Solid Tumors, attractive pricing
option for orphan drug competitors and striking
opportunities in developing orphan drugs. - The report, Global Orphan Drugs Market analyzes
the current prevailing condition of the market
along with its future scope of development. The
global market along with specific market of the
U.S., Canada, Europe and Japan, is being
discussed in the report. The major trends, growth
drivers as well as issues being faced by the
industry are being presented in this report. The
major players in the industry are being profiled,
along with their key financials and strategies
for growth.
3The development of orphan drugs has become an
important and attractive research and development
strategy of many pharmaceutical companies, as it
most commonly generates greater profitability due
to the recent development drivers
Global Orphan Drugs Market (2010-2015E)
- The global market for orphan drugs was estimated
to have reached US... billion in the year 2015,
increasing from US.. billion in the previous
fiscal year recording an annual growth of for
the year. - For the year 2014, share of the overall orphan
drugs market was held by biological orphan drugs
followed by non-biological orphan drugs that held
rest of the .. share. - The average cost per person for an orphan and
non-orphan drug was nearly US... thousand and
US... thousand respectively for the year 2014,
increasing from US... thousand and US..
thousand respectively in the previous fiscal
year. - The median cost of orphan drugs per patient
reached US.. thousand in the year 2014,
increasing from US.. thousand in the previous
fiscal.
Global Orphan Drugs Market by Type (2014)
The U.S. Prescription Pain Market Share by
Product Value (2014)
4The significant factors driving growth include
governmental financial incentives including tax
credits, shorter clinical trial times with
smaller trial sizes, higher rate of regulatory
success and longer exclusivity periods
Non-Hodgkins Lymphoma (NHL) Incidence by Country
(2014)
- The total incidence for NHL reached thousand in
the major economies increasing from thousand
recording an annual growth of . - The total spending on branded orphan drugs in the
U.S. was estimated to have reached US... billion
in the year 2014, increasing from US... billion
in the previous fiscal year. - The prevalence of LEMS (Lambert-Eaton Myasthenic
Syndrome) in the U.S. was estimated to have
reached in the year 2015, with a further
expectation of reaching by the end of year 2020. - The market for Firdapse drug for the treatment of
LEMS in the U.S. is expected to start with sales
worth US.. million in 2016, and reach US..
million by the end of 2022.
The U.S. Orphan Drugs Spending (2009-2014E)
Prevalence of LEMS in the U.S. (2015-2020E)
5The orphan drug spending in the U.S. will rise
aided by increasing approvals for orphan drugs by
health ministry, improved medical insurance
coverage and reimbursements for the treatment of
rare diseases.
Canadian Orphan Drug Spending (2009-2014E)
- The spending on branded orphan drugs in Canada
was estimated to reach US.. million in the year
2014, increasing from US... million in the
previous fiscal year. - The orphan drug spending in Canada was
anticipated to have reached US.. million in the
year 2015, recording an annual growth of ..
with a further expectation of reaching US..
million by the end of year 2018. - The orphan drug designations per year in Japan
reached .., increasing from .. in the previous
fiscal year. - In Europe, Non-Hodgkins Lymphoma was expected to
be the most common indication with .. orphan
designations followed by Leukemia, acute myeloid
(AML) with and Cystic Fibrosis (CF) with .. And
.. designations.
Japanese Orphan Drug Designation per Year
(2009-2014)
Orphan Drug Designation in the EU by Indication
(2014)
6Contact Us
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These are abridged and sanitized sample pages
from the comprehensive report on the Global
Orphan Drugs Market . To know more about this
report or for any customized research
requirement, please contact the following
Koncept Analytics CS-36, Second Floor, Ansal
Plaza Vaishali, Ghaziabad, U.P. 201010 T.
91-120-4130959 C 91-9811715635
vikas_at_konceptanalytics.com
Vikas Gupta BD Manager
www.konceptanalytics.com