Urothelial carcinoma is also known as transition cell carcinoma. It is a type of cancer that occurs mostly in the urinary system and is one of common bladder cancer of ureter and urethra. Due to the increasing prevalence of bladder cancer urothelial carcinoma treatment market is growing. Increasing funding for research and development activities to develop new cancer therapies is also one the factor responsible for the growth of this market.
Global urothelial carcinoma treatment market is expected to grow over the forecast period of 2023 and is expected to register a CAGR ~7.8% during the forecast period of 2018–2023.
More initiation has been taken by government and non-government organizations regarding awareness for early diagnosis of cancer, as a result, these factors are expected to boost the urothelial carcinoma treatment market during the forecast period.
Key players for the global urothelial carcinoma treatment market are GlaxoSmithKline plc, Genentech, Inc., Novartis AG, Dendreon, Merck KGaA, Eisai Co., Sanofi S.A., Bristol-Myers Squibb.
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Urothelial carcinoma is also called as transitional cell carcinoma which is a cancerous tumor of the bladder that can spread to other parts of the body. These are also called as malignant tumors. This tumor can start at any part of the urinary tract. People with bladder cancer may also have similar cancer in other parts of the urinary tract.
- Hospitals and clinics
- Laboratories and associations
On a regional basis, the market is segmented into Americas, Europe, Asia-Pacific, Middle East, and Africa.
Americas is likely to dominate the urothelial carcinoma treatment market owing to the increasing prevalence of bladder cancer, increasing investment in research and development of new bladder cancer treatment. According to the American cancer society report, about 79030 cases of bladder cancer was reported in 2017 in the US.
Europe is the second largest market for the urothelial carcinoma treatment followed by Asia-Pacific. Due to growing awareness regarding early diagnosis of bladder cancer and developed healthcare infrastructure with increasing prevalence of urothelial cancer. Asia Pacific shows the fastest growth in the market due to the low cost of R&D. India and China are expected to be the fastest growing market for bladder cancer treatment.
The Middle East and Africa has the lowest market for urothelial carcinoma treatment due to poor medical facilities and lack of technology.
Global Urothelial Carcinoma Treatment Market has been segmented on the basis of types, treatment, and end-users. Based on type the global urothelial carcinoma treatment is segmented into non-invasive and invasive urothelial carcinoma treatment. On the basis of treatment, the market is segmented into immunotherapy, radiotherapy, and chemotherapy. Based on end-user the urothelial carcinoma market is segmented into hospital pharmacy, retail pharmacy, and others.
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Hence the urothelial carcinoma treatment market is expected to grow due to increasing prevalence of bladder cancer. Increasing investment in R&D activities to come up with new cancer treatment is also boosting the market for urothelial carcinoma treatment. As various awareness programs are carried out by government and non-government organizations regarding bladder cancer, it is expected to boost the urothelial carcinoma treatment market during the forecast period.
The market growth in this region can be attributed to the rising expenditure for the healthcare sector and improving healthcare infrastructure.
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