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Market Research Forecasts Oncology Orphan Disease Market at $6.4 Billion by 2018(May 22, 2012)
ROCKVILLE, MD -- (Marketwire) -- 05/22/12 -- MarketResearch.com has announced the addition of the new report "Orphan Diseases Therapeutics in Oncology to 2018 - Strongly Diversified Developmental Pipelines Indicate Long-Term Growth Potential despite Moderate Scope of Current Late Stage Molecules," to their collection of Pharmaceuticals market reports. For more information, visit http://www.marketresearch.com/GBI-Research-v3759/Orphan-Diseases-Therapeutics-Oncology-Strongly-6927055/
The report shows that the overall global Oncology orphan disease market is expected to grow at a significant compound annual growth rate (CAGR) of 3.3% from $4.9 billion 2010 to $6.4 billion in 2018 in the US, the top five European countries and Japan. This growth follows a higher CAGR of 7.4% between 2004 and 2010.
Although the aggregate market revenues have been and are expected to grow consistently between 2004 and 2018, the individual therapeutic markets for the orphan cancer indications exhibit much more differentiated and diversified dynamics. The therapeutic market for pancreatic cancer is expected to decline substantially, but to recover towards the end of the forecast period. The ovarian cancer and multiple myeloma therapeutic markets are expected to grow at a very moderate CAGR over the forecast period due to important patent expiries in the multiple myeloma market. The acute myeloid leukemia and Hodgkin lymphoma therapeutic markets are expected to grow at significant and very high CAGRs in the forecast period, respectively. Similarly differentiated dynamics have been identified in the annual costs of therapy in these therapeutic markets.
The report examines the global orphan diseases therapeutics in Oncology usage patterns. It includes the geographical distribution of pancreatic cancer, ovarian cancer, multiple myeloma, acute myeloid leukemia and Hodgkin lymphoma markets across the US, the top five European countries and in Japan.
For more information, visit http://www.marketresearch.com/GBI-Research-v3759/Orphan-Diseases-Therapeutics-Oncology-Strongly-6927055/
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