In 2010, orphan drugs generated 10.5 percent of total global Rx drug revenues. This share is expected to increase to over 20 percent by 2024. This statistic shows the worldwide share of prescription orphan drugs as a percentage of the total global prescription drugs market from 2010 to 2024. Orphan drugs are used to target rare diseases or disorders, which in the United States is defined as less than 200,000 patients. The development of orphan drugs are currently incentivized in the United States through the Orphan Drug Act of 1983.
Global prescription orphan drug sales as share of total Rx sales from 2010 to 2024
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Visual Capitalist. (September 11, 2019). Global prescription orphan drug sales as share of total Rx sales from 2010 to 2024 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1051144/projection-of-global-orphan-prescription-drug-revenue-share-of-total/
Visual Capitalist. "Global prescription orphan drug sales as share of total Rx sales from 2010 to 2024." Chart. September 11, 2019. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1051144/projection-of-global-orphan-prescription-drug-revenue-share-of-total/
Visual Capitalist. (2019). Global prescription orphan drug sales as share of total Rx sales from 2010 to 2024. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1051144/projection-of-global-orphan-prescription-drug-revenue-share-of-total/
Visual Capitalist. "Global Prescription Orphan Drug Sales as Share of Total Rx Sales from 2010 to 2024." Statista, Statista Inc., 11 Sep 2019, https://www.statista.com/statistics/1051144/projection-of-global-orphan-prescription-drug-revenue-share-of-total/
Visual Capitalist, Global prescription orphan drug sales as share of total Rx sales from 2010 to 2024 Statista, https://www.statista.com/statistics/1051144/projection-of-global-orphan-prescription-drug-revenue-share-of-total/ (last visited November 21, 2024)
Global prescription orphan drug sales as share of total Rx sales from 2010 to 2024 [Graph], Visual Capitalist, September 11, 2019. [Online]. Available: https://www.statista.com/statistics/1051144/projection-of-global-orphan-prescription-drug-revenue-share-of-total/