Prostate Cancer Treatment Market
The size of the global market for prostate cancer treatments was estimated at $6,887 million in 2018 and is expected to grow to $9,904 million by 2026, at a CAGR of 4.6%. A kind of cancer known as prostate cancer occurs when abnormal cells grow and infiltrate the prostate gland uncontrollably. Prostate cancer is the sixth leading cause of cancer-related death in men and the eleventh leading cause of death overall. Radiation, surgery, chemotherapy, biological therapy, and hormone therapy are all used to treat prostate cancer. Prostatic adenocarcinoma, benign prostatic hyperplasia, small cell carcinoma, and other prostate cancers are treated and managed with a variety of diagnostic and therapeutic tools.The major factors driving the growth of the prostate cancer treatment market are the rise in geriatric population, rise in prostate cancer prevalence, surge in generic products, rise in public awareness regarding the treatment of prostate cancer, improved R&D investment by drug innovators, strong emerging pipeline drugs, and accessibility of new prostate cancer treatments. Other factors that contribute to the market’s expansion include the rise in demand for hormonal drugs in the contexts of non-metastatic castration-resistant (nmCRPC) and metastatic hormone-naive (mHNPC) prostate cancer, as well as the desire for treatment and management of prostate cancer. Additionally, the developing economies’ untapped potential offers profitable chances for the market’s expansion during the projection period. Nevertheless, lengthy treatment times
Key Findings in the Prostate Cancer Therapeutics Market
The most frequent non-cutaneous cancer worldwide is prostate cancer. The sedentary lifestyle of people in industrialised countries, the ageing population, and the early onset of urological disease are some of the major causes of the rise in the number of patients with this form of cancer. Consequently, the market for prostate cancer therapies is seeing potential as the number of persons with this type of disease rises.
Chemotherapy, hormone therapy, targeted therapy, and biologic therapy are just a few of the many prostate cancer treatments that are now on the market. Due to its capacity to lower the likelihood of cancer recurrence among other things, hormone treatment has seen an increase in acceptance in recent years.
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Prostate Cancer Treatment Market: Segment Analysis
Global Prostate Cancer Treatment Market: By Type
Biological Therapy
Chemotherapy
Global Prostate Cancer Treatment Market: By Application
Hospital
Research Institution
Clinic
Global Prostate Cancer Treatment Market: Key Players
Tolmar
Astellas Pharma
AstraZeneca
Ferring Pharmaceuticals
Johnson & Johnson
Abbott
Sanofi
Ipsen
Novartis
Bayer
Key Regions & Countries
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Physiotherapy Devices market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Key Questions Answered in This Report:
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