Orphan Diseases Market Accrues USD 576.9 Billion by 2022 with CAGR of 24.9%

Global Orphan Diseases Market is expected to grow at the average CAGR of 24.9% constantly throughout this period 2015-2022.

Global orphan diseases market also known as rare disease is growing rapidly. It affects a very small percentage of the global population. Most of the orphan diseases are genetic and is remains throughout the life of the patient. There are no exact number of diseases available but approximately there are about 7000 different rare diseases and disorders throughout the globe. It is also expected that this market which was US$ 121.6 billion in 2015 will grow to US$ 576.9 billion by 2022. However due to lack of awareness, correct diagnosis, correct treatments and availability of healthcare facilities are inhibiting the growth of the global orphan diseases market.

Regional Analysis of Global Orphan diseases Market:              

Considering the global scenario of this market, North American region is believed to be the largest market of the global orphan diseases market. Moreover the European market is also growing and is the second largest market for global orphan diseases. On the other hand, Asia-Pacific’s orphan disease market is expected to grow at a significant rate during the forecasted period. Rest of the World is likely to have a limited but steady growth with respect to this market.

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Key Players for Global Orphan diseases Market:                                        

Some of the key players in this market are: Bristol-Myers Squibb Company (US), Novartis AG (Switzerland), Celgene Corporation (US), F. Hoffmann-La Roche Ltd (Switzerland), Pfizer Inc. (US), Alexion (US), Sanofi (French), Vertex Pharmaceuticals Incorporated (US), GlaxoSmithKline plc. (UK), Merck & Co. Inc. (US), AbbVie Inc. (US)

List of Tables

Table 1 Global Orphan Disease Market, 2013-2022 (USD Million)

Table 2 Global Orphan Disease Market, By Disease Type, 2013-2022 (USD Million)

Table 3 Global Chronic Disease Management Market, By Treatment Type, 2013-2022 (USD Million)

Table 4 Global Chronic Disease Management Market, By End User, 2013-2022 (USD Million)

Table 5 Global Chronic Disease Management Market, By Region, 2013-2022 (USD Million)

Key Questions Answered In This Report

• What will the market size 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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