Request Sample Inquiry
Orphan Drugs Market

Orphan Drugs Market

Orphan Drugs Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

210

Base Year:

2023

Date

Jul - 2024

Format:

PDF XLS PPT

Report Code:

VMR-VMR-2021-0236

Segments Covered
  • By Therapy Type By Therapy Type Oncology, Hematology, Neurology, Endocrinology, Cardiovascular, Respiratory, Immunotherapy, Infectious Diseases, Others
  • By Drug Type By Drug Type Biologics, Non-biologics
  • By Distribution Channel By Distribution Channel Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Others
  • By Region By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base YearBase Year: 2023
Forecast YearsForecast Years: 2024 - 2032
Historical YearsHistorical Years: 2018 - 2022
Revenue 2023Revenue 2023: USD 177 Billion
Revenue 2032Revenue 2032: USD 505 Billion
Revenue CAGRRevenue CAGR (2024 - 2032): 12.4%
Fastest Growing Region Fastest Growing Region (2024 - 2032) Europe
Largest Region Largest Region (2023): North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst

Research Methodology: Orphan Drugs Market by Therapy Type by Drug Type by Distribution Channel by Region - Global Market Assessment, 2021 - 2028

Secondary Research

Primary Research:

The later stage covers data validation and collection from primary research. The information gained/procured from the secondary data sources is validated through extensive primary interviews with industry experts across the Orphan Drugs supply chain. The primary research is also conducted to identify key players in the market and to gather and validate already procured information pertaining to their market-specific financial information. Moreover, primary research is used to gain/validate information about:


  • Orphan Drugs market size at regional and country level
  • Key industry players and their market share and Orphan Drugs market-specific sales/revenue
  • Understanding of the Orphan Drugs supply chain and overall ecosystem

Data Triangulation and Market Size Estimations

After arriving at the global market numbers, top-down and bottom-up approaches are used to estimate, validate and finalize the market size of the Orphan Drugs market. After the determination of the overall market size, the market is divided into various segments and sub-segments. Moreover, these same approaches mentioned above were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. During the data triangulation process, the data was analyzed by employing various data models and statistical techniques to arrive at exact statistics and market size for each segment/sub-segment of the market.  The data is analyzed and triangulated by considering all the key market impacting factors from both supply and demand side of Orphan Drugs market. 

FAQ
Frequently Asked Question
  • The global Orphan Drugs valued at USD 177 Billion in 2023 and is expected to reach USD 505 Billion in 2032 growing at a CAGR of 12.4%.

  • The prominent players in the market are F. Hoffmann-La Roche Ltd., Bristol-Myers Squibb Company, Johnson & Johnson, AstraZeneca, Novartis AG, Amgen Inc., Bayer AG, Novo Nordisk A/S, Daiichi Sankyo Company, GlaxoSmithKline plc, Alexion Pharmaceuticals Inc., Biogen Inc., Pfizer Inc., Sanofi S.A..

  • The market is project to grow at a CAGR of 12.4% between 2024 and 2032.

  • The driving factors of the Orphan Drugs include

  • North America was the leading regional segment of the Orphan Drugs in 2023.