Product Code: ETC070134 | Publication Date: Jun 2021 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Australias orphan drugs market is experiencing growth due to increased research and government incentives for rare disease treatments. Advances in biotechnology and regulatory support are enabling the development of specialized medications for unmet medical needs.
The rising prevalence of rare diseases and government incentives for orphan drug development are key drivers of the market in Australia. Pharmaceutical companies are investing in R&D for novel treatments, supported by regulatory frameworks that provide market exclusivity and financial benefits. Growing awareness and improved diagnostic capabilities are further accelerating the demand for orphan drugs.
The orphan drugs market in Australia is hindered by high drug development costs, limited patient populations for rare diseases, and slow regulatory approvals. The lack of financial incentives for pharmaceutical companies to invest in rare disease treatments further complicates market expansion.
Australia`s orphan drugs market is expanding as regulatory frameworks provide incentives for rare disease treatments. Investment potential lies in biotech startups, drug development partnerships, and AI-driven clinical trials. Government grants and fast-track approvals further enhance market attractiveness.
The Australian government supports orphan drug development through the Orphan Drug Program, which provides incentives for pharmaceutical companies developing treatments for rare diseases. TGA regulations ensure accelerated approval pathways for orphan drugs, improving patient access to life-saving medications.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Orphan Drugs Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Orphan Drugs Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Orphan Drugs Market - Industry Life Cycle |
3.4 Australia Orphan Drugs Market - Porter's Five Forces |
3.5 Australia Orphan Drugs Market Revenues & Volume Share, By Drugs, 2021 & 2031F |
3.6 Australia Orphan Drugs Market Revenues & Volume Share, By Drug Type, 2021 & 2031F |
3.7 Australia Orphan Drugs Market Revenues & Volume Share, By Therapy Class, 2021 & 2031F |
4 Australia Orphan Drugs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of rare diseases in Australia |
4.2.2 Government initiatives and policies supporting orphan drug development and access |
4.2.3 Growing healthcare expenditure and focus on personalized medicine |
4.3 Market Restraints |
4.3.1 High costs associated with orphan drugs development and pricing |
4.3.2 Limited patient population for orphan drugs |
4.3.3 Stringent regulations and lengthy approval processes for orphan drugs |
5 Australia Orphan Drugs Market Trends |
6 Australia Orphan Drugs Market, By Types |
6.1 Australia Orphan Drugs Market, By Drugs |
6.1.1 Overview and Analysis |
6.1.2 Australia Orphan Drugs Market Revenues & Volume, By Drugs, 2021-2031F |
6.1.3 Australia Orphan Drugs Market Revenues & Volume, By Revlimid, 2021-2031F |
6.1.4 Australia Orphan Drugs Market Revenues & Volume, By Rituxan, 2021-2031F |
6.1.5 Australia Orphan Drugs Market Revenues & Volume, By Opdivo, 2021-2031F |
6.1.6 Australia Orphan Drugs Market Revenues & Volume, By Keytruda, 2021-2031F |
6.1.7 Australia Orphan Drugs Market Revenues & Volume, By Imbruvica, 2021-2031F |
6.1.8 Australia Orphan Drugs Market Revenues & Volume, By Soliris, 2021-2031F |
6.2 Australia Orphan Drugs Market, By Drug Type |
6.2.1 Overview and Analysis |
6.2.2 Australia Orphan Drugs Market Revenues & Volume, By Biologics, 2021-2031F |
6.2.3 Australia Orphan Drugs Market Revenues & Volume, By Non-Biologics, 2021-2031F |
6.3 Australia Orphan Drugs Market, By Therapy Class |
6.3.1 Overview and Analysis |
6.3.2 Australia Orphan Drugs Market Revenues & Volume, By Oncology, 2021-2031F |
6.3.3 Australia Orphan Drugs Market Revenues & Volume, By Blood, 2021-2031F |
6.3.4 Australia Orphan Drugs Market Revenues & Volume, By Endocrine, 2021-2031F |
6.3.5 Australia Orphan Drugs Market Revenues & Volume, By Central Nervous Systems, 2021-2031F |
6.3.6 Australia Orphan Drugs Market Revenues & Volume, By Cardiovascular, 2021-2031F |
6.3.7 Australia Orphan Drugs Market Revenues & Volume, By Respiratory, 2021-2031F |
7 Australia Orphan Drugs Market Import-Export Trade Statistics |
7.1 Australia Orphan Drugs Market Export to Major Countries |
7.2 Australia Orphan Drugs Market Imports from Major Countries |
8 Australia Orphan Drugs Market Key Performance Indicators |
8.1 Number of orphan drugs approved for use in Australia |
8.2 Patient access and affordability of orphan drugs |
8.3 Adoption rate of precision medicine approaches in treating rare diseases |
9 Australia Orphan Drugs Market - Opportunity Assessment |
9.1 Australia Orphan Drugs Market Opportunity Assessment, By Drugs, 2021 & 2031F |
9.2 Australia Orphan Drugs Market Opportunity Assessment, By Drug Type, 2021 & 2031F |
9.3 Australia Orphan Drugs Market Opportunity Assessment, By Therapy Class, 2021 & 2031F |
10 Australia Orphan Drugs Market - Competitive Landscape |
10.1 Australia Orphan Drugs Market Revenue Share, By Companies, 2024 |
10.2 Australia Orphan Drugs Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |