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News  ›  GlobeNewswire Inc.

Orphan Drug Market to Reach USD 621.85 Billion by 2034, Driven by Rising Rare Disease Incidence and Innovation

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Towards Healthcare
Orphan Drug Market to Reach USD 621.85 Billion by 2034, Driven by Rising Rare Disease Incidence and Innovation

The global orphan drug market is projected to grow from USD 193.05 billion in 2024 to USD 621.85 billion by 2034, driven by increasing rare disease incidence, technological advancements, and supportive government regulations.

Insights
NEEpN   positive

Nearly 30 years of dividend increases, 2.7% dividend yield, potential growth from AI-driven electricity demand and renewable energy infrastructure


RHHBY   positive

Listed as a top key player in the orphan drug market with potential for significant growth in rare disease treatments