Global Orphan Drugs Market Will Grow At A CAGR Of 10.05% by 2019
ResearchMoz presents professional and in-depth study of "Orphan Drugs Market 2015-2019". 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. Technavio's analysts forecast the global orphan drugs market to grow at a CAGR of 10.05% over the period 2014-2019. Covered in this report The report covers the current scenario and the growth prospects of the global orphan drugs market for the period of 2015-2019. To calculate the market size, the report considers revenue generated from the sales orphan drugs. Technavio's report, Global Orphan Drugs Market 2015-2019, has...