Rare Disease Treatment Market Analysis

  • Report ID: 6667
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Rare Disease Treatment Market Analysis

Therapeutic Area (Cancer, Blood-related disorders, Central nervous system, Respiratory disorders)

Based on the therapeutic area, the cancer segment is expected to register a considerable share in 2037 in the rare disease treatment market. A wide number of cancers are classified as rare owing to their low incidence rates and specific genetic mutations. Significant research investments, targeted treatments, immunotherapies, and an urgent need for effective solutions in rare cancers drive growth in this segment. Additionally, regulatory incentives and patient advocacy have spurred pharmaceutical companies to prioritize rare cancer treatments, further reinforcing cancer’s leading position in the rare disease therapeutic area. For instance, in April 2024, the President of India launched CAR-T cell therapy, India’s first home-grown gene therapy, aiming to fight cancer.

Route of Administration (Oral, Injectable)

Based on the route of administration, the oral segment is expected to capture around 55.7% rare disease treatment market share by the end of 2037. The growth is majorly attributed to their ease of use, convenience, and patient-friendly profile, especially for chronic conditions that require long-term management. Patients and healthcare providers often favor oral medications over injectables as they are easier to self-administer and typically involve fewer hospital visits. Recent advancements in oral drug delivery technology have also enabled more effective treatment of complex rare diseases. For instance, in September 2024, the U.S. FDA announced the approval of Miplyffa (arimoclomol), an oral medication for Niemann-Pick disease, type C.

Our in-depth analysis of the global market includes the following segments:

Drug Type

  • Biologics
  • Non-biologics

Patient

  • Adult
  • Pediatric

Therapeutic Area

  • Cancer
  • Blood-related disorders
  • Central nervous system
  • Respiratory disorders
  • Musculoskeletal disorders
  • Cardiovascular disorders     
  • Other therapeutic areas

Route of Administration

  • Oral
  • Injectable
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 6667
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of the rare disease treatment market was over USD 224.6 billion.

The market size for the rare disease treatment market is projected to reach USD 652.9 billion by the end of 2037 expanding at a CAGR of 9.3% during the forecast period i.e., between 2025-2037.

The major players in the market are Bayer AG, Bristol-Myers Squibb, Eli Lilly and Company, F. Hoffmann La Roche Ltd, and others.

In terms of route of administration segment, the oral segment is anticipated to garner the largest market share by 2037 and display lucrative growth opportunities during 2025-2037.

The market in North America is projected to hold the largest market share of 45.5% by the end of 2037 and provide more business opportunities in the future.
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