Title: Orphan Drugs Market Share, Demand, Growth, Top Companies and Opportunities by 2028
1Orphan Drugs Market Share, Demand, Growth, Top
Companies and Opportunities by 2028
Orphan Drugs Market, By Drug Type (Biological,
Non-Biological), Disease Type (Oncologic
Diseases, Metabolic Disease, Hematologic And
Immunologic Diseases, Infectious Diseases,
Neurological Diseases, Others), Indication Type
(Non-Hodgkin Lymphoma, Acute Myeloid Leukemia,
Cystic Fibrosis, Glioma, Pancreatic Cancer,
Ovarian Cancer, Multiple Myeloma, Duchenne
Muscular Dystrophy, Renal Cell Carcinoma, Graft
Vs Host Disease, Others), Drug Type (Revlimid,
Rituxan, Opdivo, Keytruda, Imbruvica, Soliris,
Jakaf, Pomalyst, Darzalex, Spinraza, Adcetris),
Sale (Generics, Prescribed), Therapy Class
(Oncology, Blood, Central Nervous Systems,
Endocrine, Cardiovascular, Respiratory),
Distribution Channel (Hospital Pharmacy, Retail
Pharmacy, Online Sales, Others), Industry Trends
and Forecast to 2028
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2Market Analysis and Insights
Orphan drugs are the type of medical products
intended for prevention, diagnosis or treatment
of serious, life-threatening disorders that are
rare. These are known as orphan drugs because,
under normal market conditions, the
pharmaceutical industry has little interest in
developing and marketing these products projected
for only a small number of patients. The rapid
increase in prevalence rate of hypertension,
diabetes and cardiovascular diseases is expected
to accelerate the market growth in the forecast
period of 2021 to 2028. Likewise, the rise in
prevalence of rare diseases and increase in the
healthcare expenditure are also predictable to
enhance the orphan drugs market growth.
Furthermore, the favorable reimbursement policies
and favorable government policies are also
projected to drive the market growth rate. Also,
the expansion of product pipeline by launching
new drugs and increase in the rate of RD
initiatives are also expected to influence the
orphan drugs market growth globally.
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3Image
4Major Key Players
- Some of the major players operating in this
market are - F. Hoffmann-La Roche Ltd.
- Novartis AG
- Pfizer Inc., AbbVie Inc.
- AstraZeneca
- Baxter
- Eli Lilly and Company
- Johnson Johnson Services Inc.
- Merck KGaA
- Novo Nordisk A/S
- Bristol-Myers Squibb Company,
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5Market Segmentation
- By Drug Type (Biological, Non-Biological)
- By Disease Type (Oncologic Diseases, Metabolic
Disease, Hematologic And Immunologic Diseases,
Infectious Diseases, Neurological Diseases,
Others) - By Distribution Channel (Hospital Pharmacy,
Retail Pharmacy, Online Sales, Others)
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6Regional Analysis
- Based on geography, the market is segmented into
five geographical regions - North America
- Europe
- Asia-Pacific
- South America
- Middle East
- Africa
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