This statistic shows the worldwide revenue generated through prescription orphan drugs from 2016 to 2028. In 2023, orphan drugs revenues totaled 168 billion U.S. dollars. 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 from 2016 to 2028
(in billion U.S. dollars)
Products that have orphan and non-orphan drug
designations and are expected to generate less than 50% of their sales from
their orphan-designated indication/s, are excluded from this statistic. This has led to the exclusion of therapies such as Avastin, Opdivo, Enbrel, Herceptin, Humira and Remicade.
This statistic was assembled from several editions of Evaluate's Orphan Drug Report.
* From 2024 on projected.
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Evaluate. (April 23, 2024). Global prescription orphan drug sales from 2016 to 2028 (in billion U.S. dollars) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/373326/projection-of-global-orphan-prescription-drug-revenues/
Evaluate. "Global prescription orphan drug sales from 2016 to 2028 (in billion U.S. dollars)." Chart. April 23, 2024. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/373326/projection-of-global-orphan-prescription-drug-revenues/
Evaluate. (2024). Global prescription orphan drug sales from 2016 to 2028 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/373326/projection-of-global-orphan-prescription-drug-revenues/
Evaluate. "Global Prescription Orphan Drug Sales from 2016 to 2028 (in Billion U.S. Dollars)." Statista, Statista Inc., 23 Apr 2024, https://www.statista.com/statistics/373326/projection-of-global-orphan-prescription-drug-revenues/
Evaluate, Global prescription orphan drug sales from 2016 to 2028 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/373326/projection-of-global-orphan-prescription-drug-revenues/ (last visited October 31, 2024)
Global prescription orphan drug sales from 2016 to 2028 (in billion U.S. dollars) [Graph], Evaluate, April 23, 2024. [Online]. Available: https://www.statista.com/statistics/373326/projection-of-global-orphan-prescription-drug-revenues/
