openPR Logo
Press release

Prostate Cancer Treatment Market, Business Will Grow in 2025, Prominent Players: Astellas Pharma Inc., AstraZeneca plc, Bayer AG, Bristol-Myers Squibb Company, F. Hoffmann-La Roche AG

03-11-2020 02:32 PM CET | Health & Medicine

Press release from: Allied Market Research

Prostate Cancer Treatment Market

Prostate Cancer Treatment Market

The global prostate cancer treatment market size was valued at $6,887 million in 2018, and is projected to reach $9,904 million by 2026, growing at a CAGR of 4.6% from 2019 to 2026.

Prostate cancer is a type of cancer that develops into male reproductive system. Prostate cancer begins when normal cells in the prostate gland start multiplying uncontrollably. It is more prevalent in geriatric men over the age of 65 years. Risk factors for development of prostate cancer are family history, race, and old age. It can be treated by radiation therapy, surgery, chemotherapy, biological therapy, and hormone therapy. The treatment for prostate cancer can be decided on the basis of the stage of cancer. The healthcare professionals such as radiation oncologists and urologists treat prostate cancer.

Download Free Report Sample @ https://www.alliedmarketresearch.com/request-sample/2653

The prostate cancer treatment market is expected to experience significant growth during the forecast period, owing to rise in prevalence of prostate cancer, increase in demand for prostate cancer treatment products, strong emerging pipeline drugs, availability of new prostate cancer treatments, and increase in awareness among people regarding the treatments of prostate cancer. In addition, surge in uptake of hormonal agents in non-metastatic castration resistant (nmCRPC) & metastatic hormone nave (mHNPC) prostate cancer settings, rise in geriatric population, improved R&D investment by drug innovators, rise in generic products, increase in healthcare expenditure in the developed and developing regions, growth in pharmaceutical industries & diagnostic centers across the globe are expected to further drive the growth of the global prostate cancer treatment market. However, prolonged treatment durations and poor demand for prostate cancer treatment drugs in underdeveloped countries are expected to restrain the growth of the market.

Based on drug type, the prostate cancer treatment market is categorized into chemotherapy, biological therapy, and hormone therapy. Presently, hormone therapy segment dominates the global market, and is anticipated to continue this trend during the forecast period. The key factors that drive the prostate cancer treatment market growth include rise in prevalence of prostate cancer coupled with growing public awareness regarding the treatments of prostate cancer, surge in demand for hormone therapy drugs, availability of generic drugs, and increase in number of pharmaceutical companies across the globe.

Based on distribution channel, the market is classified into hospital pharmacies, drug stores & retail pharmacies, and online pharmacies. Currently, the hospital pharmacies segment accounted for the majority of market share, owing to rise in number of hospitalized prostate cancer patients, convenience offered by them, and strong presence of hospital pharmacies across the globe. The online pharmacies is the fastest growing segment, at a CAGR of 6.4% from 2019 to 2026, owing to increase in preference for online purchasing of drugs over the traditional methods, increase in awareness regarding online pharmacies, and rise in number of internet users.

Get a purchase Enquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/2653

North America accounted for approximately one-half of the global prostate cancer treatment market share in 2018, and is expected to remain dominant throughout the forecast period. This was attributed to the higher adoption of prostate cancer treatment products, large presence of pharmaceutical companies, well developed healthcare infrastructure, and wide availability of prostate cancer treatment drugs. On the other side, Asia-Pacific is expected to experience the highest growth rate during the forecast period majorly due to improvement in healthcare infrastructure, rise in number of hospitals equipped with advanced medical facilities, developing R&D sector, rise in healthcare reforms, and technological advancements in the field of healthcare.

The Major Key Players Are:

o Astellas Pharma Inc.
o AstraZeneca plc
o Bayer AG
o Bristol-Myers Squibb Company
o F. Hoffmann-La Roche AG
o Ferring Pharmaceuticals Inc.
o GlaxoSmithKline Plc
o Ipsen Pharma
o Johnson & Johnson
o Takeda Pharmaceutical Company Ltd.

Key Findings of the Study:

o Based on drug type, the hormone therapy segment held more than one-third share in the global prostate cancer treatment market in 2018.
o Based on distribution channel, the hospital pharmacies segment held more than half share in the global market in 2018.
o Based on region, Asia-Pacific is expected to experience growth at the highest rate, registering a CAGR of 6.6% during the forecast period.

Similar Reports:

Clinical Chemistry Analyzers Market: https://www.alliedmarketresearch.com/clinical-chemistry-analyzers-market

Coagulation Analyzers Market: https://www.alliedmarketresearch.com/coagulation-analyzers-market

High-Throughput Screening Market: https://www.alliedmarketresearch.com/high-throughput-screening-market

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

About Us:

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client's insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Prostate Cancer Treatment Market, Business Will Grow in 2025, Prominent Players: Astellas Pharma Inc., AstraZeneca plc, Bayer AG, Bristol-Myers Squibb Company, F. Hoffmann-La Roche AG here

News-ID: 1962470 • Views: 1000

More Releases from Allied Market Research

Brain Health Supplements Market – Know Latest Trends & Forecast for Long-Term …
UPDATE AVAILABLE ON-DEMAND Brain health supplements are balanced blend of herbal extracts and nutrients that are used to improve brain functions such as concentration, focus, and memory. The global brain health supplements market was valued at $3,194 million in 2016, and is expected to reach $5,813 million by 2023, growing at a CAGR of 8.8% from 2017 to 2023. Download Report Sample @ https://www.alliedmarketresearch.com/request-sample/4581 Rise in awareness about brain health supplements, growth in number
Apheresis Market to High trend Opportunities offers Future Business Growth by 20 …
UPDATE AVAILABLE ON-DEMAND According to the report by Allied Market Research, the global Apheresis market is estimated to register a CAGR of 7.3% from 2017 to 2023. The research helps leading players and startups to devise new strategies based on current market trends and changing dynamics. Competitive landscape is mentioned in the report based on business segments, products portfolio, and strategic moves & developments of leading market players. Detailed segmentation assists
Medical Computer Carts Market New Business Opportunities and Investment Research …
UPDATE AVAILABLE ON-DEMAND According to the research report published by Allied Market Research, the global Medical Computer Carts market is expected to register a CAGR of 17.3% from 2017 to 2023. The research includes changing market dynamics, top impacting factors, key investment pockets, value chain, and competitive scenario. Through tabular and graphical representation, the report offers key insights on different aspects of the market such as current market size and estimations,
Medical Simulation Market Huge Demand in COVID-19: Regional Outlook, Trends, Key …
The Medical Simulation market report offers a comprehensive analysis of the study of the industry. The report provides the proper segmentation along with all the CAGR values for the forecast period 2020-2027. A wide range of features including the drivers, restraints, and future opportunities are also provided through the report. The report along with it also involves the analyses of rising trends and upcoming challenges in the market. The marketing

All 5 Releases


More Releases for Prostate

Global Prostate Cancer Therapeutics Market
Global Prostate Cancer Therapeutics Market – Industry Analysis and Forecast (2018-2026) –By Product Type, End User, and Region. Global Prostate Cancer Therapeutics Market was valued at US$ 9.21 Bn in 2017 and is expected to reach US$ 16.21 Bn by 2026, at a CAGR of 7.33 % during a forecast period. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data,
Prostate Cancer Drugs Market Research Report 2018
This report studies the global Prostate Cancer Drugs market status and forecast, categorizes the global Prostate Cancer Drugs market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia). Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-prostate-cancer-drugs-2018-337 The major manufacturers covered in this report AbbVie Astellas Pharma Astra Zeneca Johnson & Johnson Sanofi GlaxoSmithKline Merck Group Novartis Amgen Bayer HealthCare Ferring Pharmaceutical Janssen Pharmaceuticals Endo Pharmaceuticals BMS Takeda
Prostate Biopsy Forceps Market
Global Prostate Biopsy Forceps Market Status and Trend Report offers a comprehensive analysis on Prostate Biopsy Forceps industry, standing on the readers’ perspective, delivering detailed market data and penetrating insights. No matter the client is industry insider, potential entrant or investor, the report will provides useful data and information. Browse Full Report with TOC: http://orbisresearch.com/contacts/request-sample/2072536 Key questions answered by this report include: Worldwide and Regional Market Size of Prostate Biopsy Forceps 2013-2017,
Prostate Cancer - Pipeline Review, H1 2017
Report Hive Market Research Released a New Research Report of 1845 pages on Title " Prostate Cancer - Pipeline Review, H1 2017 "with detailed Analysis, Forecast and Strategies. Prostate Cancer - Pipeline Review, H1 2017 Summary Global Markets Direct's latest Pharmaceutical and Healthcare disease pipeline guide Prostate Cancer - Pipeline Review, H1 2017, provides an overview of the Prostate Cancer (Oncology) pipeline landscape. Prostate cancer is a form of cancer that affects men and
US Prostate Cancer Drug Pipeline Analysis
Prostate cancer has emerged as one of the most commonly diagnosed cancer among men in the US. According to the American Cancer Society, there were close to 242,000 new cases of prostate cancer in the US in 2012, with 28,000 men dying from it. This was an increase from 206,640 men diagnosed with the condition during 2009. The number of men being actively treated for prostrate disorders such as benign
Global Prostate Biopsy Market 2017-2021
Biopsy is a clinical procedure primarily used in the detection and extraction of malignant or cancerous cells and their abnormal growth in the body for further analysis and interpretation of diseases. The purpose of removing tissues or cells during the procedure is mainly to limit the spread of tumor, minimize morbidity, and eliminate interference with future treatments. Technavios analysts forecast the global prostate biopsy market to grow at a CAGR of