Future Growth Analysis of Prostate Cancer Treatment Market till 2025 - Pfizer Inc., Amgen, AstraZeneca, AbbVie, Sanofi Aventis

Prostate Cancer is termed as a form of cancer that develops into the male reproductive system. The growth of prostate cancer is sluggish and unchanging but at times it can spread from prostate (gland) to other body parts including lymph and bone node. In the beginning prostate cancer do not show any indication but in extreme cases, it may cause a problem during sexual intercourse as well as may cause pain during urination. Castration-resistant prostate cancer is denoted as a prostate cancer that is spread to other body parts and is resistant to surgical or therapeutic treatment.

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Regional and Technical Growth Factors: -

Prostate Cancer Treatment Market is majorly driven by high occurrence of prostate cancer across the world. Prostate cancer is estimated as the common cause of death among men in the U.S. According to the California Journal of Clinical Cancer, 2010, 217,730 men were diagnosed with prostate cancer suggesting that in the U.S. 1 in 6 U.S. men have received diagnosis test for prostate cancer at some point during their lifespan.

Moreover, according to the National Centre for Biotechnology Information (NCBI) prevalence of prostate cancer is observed more in geriatric people (above 65 years of age). According to the World Health Organization (WHO), the global geriatric population is anticipated to reach approximately 2 billion by 2050. Moreover, the global geriatric population would grow at the fastest rate in developed countries such as the U.S., the U.K., and Japan.

Growing geriatric population and increasing demand for proper treatment is expected to further propel the global market significantly. Technological advancement in a diagnostic test for detection and treatment is also expected to drive the treatment market. Increasing prevalence of prostate cancer and rising demand for proper treatment is anticipated to bolster the market.

Asia Pacific Prostate Cancer Treatment Market is anticipated to grow significantly during the forecast period. Rising awareness of prostate cancer cases and increasing demand for appropriate treatment is anticipated to bolster the market in Asia Pacific region.

Governments of various countries in this region are playing a dynamic part to create awareness through online portals and programs that is anticipated to enhance the market growth significantly. Moreover, improving healthcare infrastructure, growing investments & adoption of new technologies by key players, and development of immunotherapies & targeted therapies, are creating a strong pipeline for further growth of this market in Asia Pacific region.

Key players in Prostate Cancer Treatment Market: -
• Pfizer Inc.
• Amgen
• Janssen Biotech Inc.
• AstraZeneca Pharmaceuticals
• AbbVie
• Sanofi Aventis

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On the basis of treatment therapy, the Prostate Cancer Treatment Market is segmented into:
• Chemotherapy
• Hormonal Therapy
• Targeted Therapy
• Immunotherapy

On the basis of geography, market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Growing obtainability of diverse treatment opportunities to make significant market growth in the Asia Pacific region.

Currently, North America region is estimated to dominate the market. High occurrence and high death rate of prostate cancer in the U.S. are the principal reasons accountable for the governance of North America market.

In addition, high investment in R&D, rising government support for the development of newer immunotherapies and targeted drug therapies to treat such cancer is also anticipated to boost the market in North America.

Partial TOC of Prostate Cancer Treatment Market: -
1. Industry snapshot
2. Ecosystem analysis
3. Market Dynamics
4. Industry analysis - Porter's five force
5. Degree of competition
6. Market PEST Analysis
7. Market Value Chain Analysis
8. Industry Trends
9. Competitive Ranking Analysis

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