The Orphan Drugs Industry report covers the present scenario and the growth prospects of the Orphan Drugs Market for 2016-2019. Orphan Drugs Market report focuses on the major drivers and restraints for the key players. To calculate the market size, the report considers both the direct revenue and the indirect revenue of the vendors.
An orphan drug is used to treat rare diseases or disorders. According to WHO, orphan or rare diseases are the pathological conditions that affect 0.65-1 out of 10,000 population worldwide. There are around 6,000 orphan diseases, of which 80% are genetic. Orphan drugs are developed by the pharmaceutical industry to serve the public health need. These are designated as “Orphan Designations” by the regulatory agencies to accelerate the approval process.
Global orphan drugs market to grow at a CAGR of 10.05% over the period 2014-2019.
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The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Vendors in Orphan Drugs Market
- Bristol-Mayer Squibb
- F. Hoffmann La Roche
Other prominent vendors
- Actelion Pharmaceuticals
- Alexion Pharmaceuticals
- Alnylam Pharmaceuticals
- Baxter International
- Biogen Idec
- Celldex Therapeutics
- Eli Lilly
- Intercept Pharmaceuticals
- Johnson & Johnson
- NewLink Genetics
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The Orphan Drugs Market is divided into the following segments based on geography:
Orphan Drugs Market Opportunities During 2016-2019:
With a purpose of enlightening new entrants about the possibilities in this market, this report investigates new project feasibility. Various details about the manufacturing process such as market drivers, impact of drivers, market challenges and impact of drivers and challenges, market trends, vendor landscape analysis and so on, is discussed in the report
Orphan Drugs Market Dynamics:
- Shorter development timelines
- High cost of drug development
- Increased focus on biological drugs
In the end, the report makes some important proposals for a new project of Orphan Drugs Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of Global Orphan Drugs Market 2016-2019 industry covering all important parameters.
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Key questions answered in this Orphan Drugs Market 2016-2019 report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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