Orphan drugs are used to diagnose, prevent, and treat rare medical disorders. These drugs aim to meet particular public health requirements and generally have a limited production, only for a small group of patients. Orphan drugs help in treating several oncological, metabolic, hematologic, immunologic, infectious, and neurological ailments. These ailments majorly include lymphoma, leukemia, cystic fibrosis, glioma, pancreatic cancer, ovarian cancer, etc.
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Market Trends
The high prevalence of cancer and other rare genetic disorders is primarily driving the need for orphan drugs. Several pharma companies are focusing on developing new orphan drugs for providing personalized therapies for patients. Additionally, the higher approval rate of several pipeline drugs, along with the introduction of numerous favorable government policies to curb the spread of various infectious diseases, is also catalyzing the market growth. Moreover, extensive R&D activities for the development of biological orphan drugs that can treat cancer and minimize the damage caused to the stem cells are further expected to drive the market for orphan drugs in the coming years.
Orphan Drugs Market 2020-2025 Analysis and Segmentation:
The report has segmented the market on the basis of drug type, disease type, phase, top selling drug, distribution channel and region.
Breakup by Drug Type:
Breakup by Disease Type:
Breakup by Phase:
Breakup by Top Selling Drugs:
Breakup by Distribution Channel:
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Breakup by Region:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Key highlights of the report:
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