MarkNtel Advisors introduces the most recent edition of the Prostate Cancer Treatment Market, which includes an analysis of numerous market growth factors. It includes market-influencing patterns, constraints, and drivers. The report allows for strategic planning and provides a comprehensive assessment of various factors that have the potential to give stakeholders an advantage. also, it provides a clear reading of the forecast periods and projections for the future. Tools like Porter’s Five Forces Analysis and SWOT Analysis were used during the research. The report covers a broad variety of subjects that are crucial to the stakeholders’ decision-making, including environmental factors, economics, social issues, technological advancements, and much more.
Key Objectives of this Study –
- To research and analyze consumption (value) by major regions and market segments, as well as historical data and projections through 2027.
- Understanding the market structure allows you to recognize the various market sub-segments.
- Conduct a market analysis that considers each segment’s growth trends, future prospects, and contribution to the overall market.
- Forecasting submarket consumption in relation to key areas (along with their respective key countries).
- To investigate market competitive developments such as product launches, agreements, expansions, and acquisitions.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2017-20 |
| Base Year: 2021 | |
| Forecast Period: 2022-27 | |
| CAGR (2022-2027) | 10.8% |
| Regions Covered | North America: The US, Canada, Mexico |
| Europe: Germany, The UK, Germany, France, Italy, Spain, Rest of Europe | |
| Asia-Pacific: China, Japan, India, Australia, South East Asia, Rest of Asia-Pacific | |
| South America: Brazil, Rest of Latin America | |
| Middle East & Africa: South Africa, GCC, Rest of Middle East & Africa | |
| Key Companies Profiled | Abbott Laboratories, AbbVie Inc., Amgen Inc., AstraZeneca PLC, Bayer AG, Bristol Myers Squibb, Eisai Co. Ltd., Eli Lilly and Company, F. Hoffmann-La Roche AG, GlaxoSmithKline PLC, Merck & Co., Inc., Novartis International AG, Pfizer Inc., Sanofi S.A., Others |
| Unit Denominations | USD Million/Billion |
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Prostate Cancer Treatment Market Dynamic
- Region Who Dominates the Global Prostate Cancer Treatment Market
At the regional level, the Prostate Cancer Treatment Market is circulated across the region of in North America, South America, Europe, Asia Pacific, the Middle East & Africa. Among all regions globally, North America is anticipated to contribute significantly to the Prostate Cancer Market growth during 2022-27, principally due to the rapidly increasing patient pool of prostate cancer and the burgeoning need for effective diagnosis & treatments, coupled with the immense support from governments of different countries through substantial investments in the research & development activities for bringing advancements in existing medications & drugs and introducing more effective novel therapies.
Besides, the leading biopharma companies, especially across the US & Canada, conducting clinical trials of new therapeutics for prostate cancer treatment, coupled with rapid drug approvals by the FDA, are other prominent aspects augmenting the growth of the North America Prostate Cancer Market.
- Growth Challenges in Market
The high costs associated with tissue biopsy for prostate cancer, especially in cases of advanced-stage tumors, might restrain the fledged expansion of the Global Prostate Cancer Market during 2022-27. Besides, high consultation fees and poor reimbursement of treatment expenditures might also act as significant growth restraints for the market in the coming years.
Table of Content
- Introduction
- Research Process
- Assumption
- Market Segmentation
- Market Definition
- Executive Summary
- Global Prostate Cancer Market Trends & Insights
- Global Prostate Cancer Market Regulation & Policy, By Country
- Global Prostate Cancer Market Dynamics
- Growth Drivers
- Challenges
- Impact Analysis
- Global Prostate Cancer Market Hotspot and Opportunities
- Global Prostate Cancer Market Outlook, 2017- 2027
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Analysis of The Market’s Top Leaders
This report section provides a thorough overview of the Prostate Cancer Treatment market that will assist equipment manufacturers, industry consultants, established businesses looking to expand, start-up businesses looking for opportunities, and other stakeholders in developing market-centric strategies based on current and anticipated future trends. the top companies are as mentioned: –
- – Abbott Laboratories
- – AbbVie Inc.
- – Amgen Inc.
- – AstraZeneca PLC
- – Bayer AG
- – Bristol Myers Squibb
- – Eisai Co. Ltd.
- – Eli Lilly and Company
- – F. Hoffmann-La Roche AG
- – GlaxoSmithKline PLC
- – Merck & Co., Inc.
- – Novartis International AG
- – Pfizer Inc.
- – Sanofi S.A.
- – Others
Some of the Latest Market Investment and Development Done Through Industry Leader
- In June 2021, Novartis International AG announced receiving approval from the US Food & Drug Administration (FDA) for the Breakthrough Therapy Designation (BTD) to 177Lu-PSMA-617 in patients with conditions of metastatic castration-resistant prostate cancer (mCRPC).
- In January 2021, the FDA also approved Relugolix (Orgovyx), a new drug that would modify the therapy for advanced prostate cancer, and showed remarkable success in reducing testosterone levels in men with advanced prostate cancer, as found through a massive clinical trial.
Market Segmentation Examination
The segmentation study is regarded as the most crucial stage in determining the target market. It entails conducting a thorough examination of segments or smaller sections, such as geographic regions, in order to develop advertising tactics and marketing strategies for the Prostate Cancer Treatment Market at both the regional and global levels. The market segment is divided into: –
By Diagnosis
- Tissue Biopsy
- Transrectal Ultrasound
- Prostate-specific Antigen Testing
- Urine Testing
- Imaging
By Treatment
- Surgery
- Radical Prostatectomy
- Cryotherapy
- Orchiectomy (Surgical Castration)
- Hormone Therapy
- LHRH (Luteinizing Hormone-Releasing Hormone) Agonists
- Leuprolide (Lupron, Eligard)
- Goserelin (Zoladex)
- Triptorelin (Trelstar)
- Leuprolide mesylate (Camcevi)
- LHRH (Luteinizing Hormone-Releasing Hormone) Antagonists
- Degarelix (Firmagon)
- Relugolix (Orgovyx)
- Radiation Therapy
- External Beam Radiation Therapy (EBRT)
- Proton Beam Radiation Therapy
- Three-Dimensional Conformal Radiation Therapy (3D-CRT)
- Stereotactic Body Radiation Therapy (SBRT)
- Brachytherapy (Internal Radiation Therapy)
- Radiopharmaceuticals
- External Beam Radiation Therapy (EBRT)
- Chemotherapy
- Docetaxel (Taxotere)
- Cabazitaxel (Jevtana)
- Mitoxantrone (Novantrone)
- Estramustine (Emcyt)
- Targeted Therapy
- Rucaparib (Rubraca)
- Olaparib (Lynparza)
- LHRH (Luteinizing Hormone-Releasing Hormone) Agonists
By End-User
- Hospitals
- Clinics
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