Prostate cancer is a serious chronic disease affecting only the male population across the globe, wherein the cancer starts in the prostate gland in the male reproductive system. This disease is one of the most common types of cancer diagnosed amongst men in the developed countries and unfortunately has a large socioeconomic impact on the society. In the recent years, early diagnosis, regular screening, and recent treatment options have let rate of survival of the patients with prostate cancer increase. This disease involves uncontrolled and abnormal growth of cells in the prostate gland. The diagnosis of prostate cancer in men below the age of 50 has decreased probability as compared to the people above 50 year of age. Even though, prostate cancer is not contagious or infectious some of the dangers of this disease are age, hereditary condition, lifestyle and diet of an individual. This condition is not preventable but a person can well take care of himself. This cancer generates from the prostate cell and nearly all prostate cancers are adenocarcinomas. Several types of prostate cancers are small cell carcinomas, sarcomas, transitional cell carcinomas and neuroendocrine tumors. Grade levels pertaining to prostate cancer is scored based on low, intermediate and high.
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Scope of the Report:
This report focuses on the Prostate Cancer Diagnostics in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The global prostate cancer diagnostics market has swiftly developed in the last few years along with a mean growth rate of 7.1%. Also, the global revenue generated by this market in 2016 was approximately 11 billion USD. There are several factors which contribute towards the growth of this market such as improved diagnosis, enhanced research and development investment by several drug manufacturers and escalated awareness among men. Furthermore, early diagnosis, robust emerging pipeline, and more prevalence prostate cancers in developed economies greatly boost this industry’s market. The unmet medical requirement for entire treatment will render lucrative growth potentials for manufacturers to refer the untouched market potential in the forecast period. Several developing regions along with their fast urbanization, increased awareness, sedentary lifestyle, and enhanced medical care access will provide positive opportunities for the market pioneers. On the contrary, extremely high cost owing to many combinations of therapies, unsure reimbursement policies and prolonged treatment duration are estimated to restrict the growth of this industry’s market.
Prostate cancer diagnostics pertains to making use of rectal exam, PSA, biopsy and many others. Some of the major market manufacturers of the global prostate cancer diagnostics market are
- Genomic Health,
- Siemens Healthcare,
- MDx Health,
- Beckman Coulter,
- Myriad Genetics, and Ambry Genetics.
The Global market of this industry has been segmented in many regions such as North America (USA, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, and Columbia etc.), and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
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