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Prostate Cancer Therapeutics Market ------ Know How Prostate Cancer Therapeutics Market is Thriving Worldwide? Key Players Involved in the study Johnson & Johnson, Pfizer Inc., Astella Inc, Bayer AG.

01-22-2019 03:10 PM CET | Health & Medicine

Press release from: Coherent Market Insights - Pharmaceutical Industry

Prostate Cancer Therapeutics Market

Prostate Cancer Therapeutics Market

Prostate cancer is caused by the uncontrolled growth of the cells in the prostate gland. Prostate cancer is the most common cancer in men in the U.S., after skin cancer. According to the American Community Survey, 2016, in U.S. prostate cancer is the second leading cause of death among the cancer deaths in men. Almost all prostate cancers are adenocarcinomas (cancers that begin in cells that make and release mucus and other fluids). Other types of prostate cancer are rare; these include: Sarcomas, small cell carcinomas, neuroendocrine tumors and transitional cell carcinomas. Advanced stage of prostate cancer can cause men to urinate more often or have a weaker flow of urine, but these symptoms can also be caused by benign prostate conditions. In 2017, the American Cancer Society estimated around 161,360 new diagnoses of prostate cancer in the U.S., leading to around 26,730 fatalities. As the cause of the cancer is not known, there is no definite way to prevent prostate cancer. The American Cancer Society (ACS) and the National Comprehensive Cancer Network (NCCN) recommends that all men over age 40 should have an annual rectal examination and that men have an annual prostate-specific antigen (PSA) test beginning at age of 50 years.

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Market Dynamics:

The market is gaining significant traction due to continuous investment by research organizations and universities for the development of therapeutic products for the treatment of such tumors. Novel therapies are expected to be predominately approved in castration-resistant patients, and to compete with better-established treatments, such as Zytiga, Xtandi and generic docetaxel, or to act as adjuvants to established therapies. For instance, there is a strong pipeline of products such as Metformin (Mansoura University), Avelumab (Duke University Medical Center), LY2452473 (Dana-Farber Cancer Institute), which are in their phase 2 studies and are projected to enter the market in the near future. However, high cost and side effects associated with drugs can restraint the market growth.

Endeavor to introduce highly effective therapies for prostate cancer would support the market growth:

Many research organizations and universities are investing in research for the development of therapeutic products for the treatment of such tumors. For instance, some pipeline products which are in phase 2 studies, such as Avelumab (Duke University Medical Center), Metformin (Mansoura University), LY2452473 (Dana-Farber Cancer Institute) are expected to arrive in the market in the near future. Furthermore, many products that are about to face patent expiry during the forecast period will also contribute in the growth of the generic prostate cancer therapeutics market.  Many pharmaceutical companies are also focusing on introducing their respective drugs in different countries to boost the sales of their products. For instance, in December, 2016, Sanofi’s prostate cancer drug name Jevtana (cabazitaxel) for the treatment of metastatic hormone-refractory prostate cancer (mHRPC) was approved by Scottish Medicines Consortium (SMC) for restricted use within NHS Scotland, due to which Scotland has now collaborated with health authorities in Northern Ireland, England and Wales. Thereby, reducing potential disparities in care across the UK for this vulnerable group of patients.

Global Key Players:

Key players operating in the prostate cancer therapeutics market include
• Johnson & Johnson,
• Astella, Inc,
• Sanofi-Aventis,
• Bayer AG,
• AstraZeneca Plc,
• Pfizer Inc.,
• Dendreon Corporation (Sanpower Group Co. Ltd.),
• Ipsen Group,
• Tolmar Inc,
• Endo Pharmaceuticals,
• AbbVie Inc.

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Detailed Segmentation:

• Global Prostate Cancer Therapeutics Market, By Drug Type:
◦ Hormonal Therapy
▪ Luteinizing Hormone-Releasing Hormone (LHRH) Antagonist
• Abiraterone Acetate (Zytiga)
• Degarelix Acetate (Firmagon/Gonax)
▪ Luteinizing Hormone-Releasing Hormone (LHRH) Agonist
• Goserelin Acetate (Zoladex)
• Leuprorelin acetate (Prostap or Lutrate)
• Triptorelin (Trelstar)
• Others
▪ Anti-Androgens
• Enzalutamide (Xtandi)
• Nilutamide (Nilandron)
• Others
▪ Immunotherapy
• Sipuleucel-T (Provenge)
▪ Targeted Therapy
• Radium 223 Dichloride (Xofigo)
▪ Chemotherapy
• Cabazitaxel (Jevtana)
• Docetaxel (Taxotere)

• Global Prostate Cancer Therapeutics Market, By Distribution Channel:
◦ Hospital Pharmacies
◦ Retail Pharmacies
◦ Online Pharmacies

• Global Prostate Cancer Therapeutics Market, By Geography:
◦ North America
◦ Europe
◦ Asia-Pacific
◦ Latin America
◦ Middle East
◦ Africa

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

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