North America is more likely to lead the global market for rare disease treatment by reflecting a higher market share of about 40% by the 2025 end and is expected to grow at a robust CAGR of 8.5% throughout the period of forecast.
Albany, NY -- (SBWIRE) -- 09/14/2017 -- Extensive research report titled "Global Rare Disease Treatment Market: Industry analysis (2012-2016) and Forecast (2017-2025)", added in the research repository of Market Research Reports Search Engine, focuses on various trends, opportunities, challenges, drivers and restraints which have impact on the growth of the rare disease treatment market globally. The research report covers major aspects across important regions of North America, Asia Pacific (APAC), Europe, Latin America and Middle East and Africa (MEA) and provides thorough market assessment and forecast for the period 2017 – 2025. Global rare disease treatment market has been tracked on the basis of a detailed market segmentation and value projections have been carried out over period of eight years.
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Global Rare disease Treatment Market: Dynamics
Various aspects have an influence over growth of the global rare disease treatment market. According to the extensive research carried out on the rare disease treatment market on a global level, factors such as government support, rising awareness among citizens, increasing incentive provision to several pharmaceutical companies, awareness among different social groups, increased communication between physicians to improvise on the treatment methods so as to find effective treatment for rare diseases, rise in the technological developments, improved facilities in healthcare for patients who are infected by rare diseases, increased investment and spending on research activities, along with favorable regulatory support have contributed to fuel growth of the global market for rare disease treatment. However, there are certain aspects which have a pulling or a negative impact on the growth of the rare disease treatment market. Aspects such as hurdles in research, limited expertise, deficiency of skilled personnel in healthcare, etc., have posed hindrances in the growth of rare disease treatment market on a global basis.
Global Rare disease Treatment Market: Segmental Forecasts
The global rare disease treatment market has been segmented by therapeutic area (hematology, neurological diseases, genetic disorders, oncology, inflammatory diseases, infectious diseases, metabolic diseases, kidney diseases, pulmonary diseases, musculoskeletal diseases, skin disorders and endocrine diseases), by drug type (originator drugs and genetic drugs), by drug class (biologics and organic compounds), by mode of administration (injectable, oral and others), by distribution channel (hospital pharmacies, specialty pharmacies and retail pharmacies) and region (North America, Asia Pacific (APAC), Europe, Latin America and Middle East and Africa).
North America is more likely to lead the global market for rare disease treatment by reflecting a higher market share of about 40% by the 2025 end and is expected to grow at a robust CAGR of 8.5% throughout the period of forecast
Metabolic diseases segment by therapeutic area is anticipated to be a fast rising segment during the forecast period, reflecting a CAGR of 14.2% throughout 2017-2025
The genetic segment is more likely to show a significant growth rate and register a market value of around US$ 56 Bn by the end of 2025
Oncology segment follows the genetic segment by therapeutic area and shows the second largest market share as per the market estimations in this research report, however experiences a sluggish growth rate comparatively
With respect to growth rates, after metabolic diseases segment, the neurological diseases segment by therapeutic area shows potential and expected to reflect a segmental CAGR of 11.3% throughout the period of forecast
Global Rare disease Treatment Market: Forecasts
According to the market research report on global rare disease treatment market, anticipation is that the market would reflect a value of around US$ 198,487 Mn by the end of 2025 and is anticipated to show a robust growth rate reflecting high CAGR of 8.6% throughout the period of forecast of 2017 to 2025.
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Global Rare disease Treatment Market: Competitive Landscape
Several tier players involved in the rare disease treatment market have been assessed and their detailed analysis has been covered in a separate section in the rare disease treatment market research report. Analysis on key players such as Teva Pharmaceutical Industries Ltd., BioMarin, Baxter, Vertex Pharmaceuticals, Merck & Co., Inc., Bristol-Myers Squibb Company, Eisai Co. Ltd., Allergan plc., Amgen, Inc., Bayer AG, Sanofi, Novo Nordisk A/S, Alexion, Shire, Johnson & Johnson Services, Inc., AbbVie Inc., Celgene Corporation, F. Hoffmann-La Roche Ltd, Pfizer Inc., and Novartis AG has been covered in this comprehensive research study.
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