Urinary Tract Cancer Market Expected to Reach USD 8.786 Billion by 2030 | Current Trends and Industry Analysis

Urinary tract cancer market was valued at $1.704 billion in 2020, and is estimated to reach $8.786 billion by 2030, growing at a CAGR of 18.6% from 2021 to 2030. Cancer is defined as an adverse disease that is caused due to abnormal cell growth, and possess the potential to spread to other body parts. Urinary tract cancer is a type of cancer found in the bladder, ureter, and urethra. The most common urinary tract cancer is bladder cancer. The aging population, smokers and workers in the chemical industry are more vulnerable to urinary tract infection.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 https://www.alliedmarketresearch.com/request-sample/612

𝗖𝗼𝘃𝗶𝗱-𝟭𝟵 𝗦𝗰𝗲𝗻𝗮𝗿𝗶𝗼:
The COVID-19 outbreak is anticipated to have a negative impact on growth of the global urinary tract cancer market. The COVID-19 pandemic has stressed the healthcare systems in the world. Most hospital and cancer centers have reduced their outpatient capacity and conducting a triage to only select the patients that are in most need of a cystoscopy. This leads to cancellation of many non-essential surgical procedures across the world. A huge number of clinics, hospitals across the globe, were restructured to increase the hospital capacity for the patient diagnosed with COVID-19. According to Future Science OA, in September 2020, it was observed that the admission of a patient for urology, oncology or radiotherapy departments are avoided. Subsequently, this leads to decrease in demand for available therapy of urinary tract cancer and decrease the growth of the market.

𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲 https://www.alliedmarketresearch.com/purchase-enquiry/612

The urinary tract cancer market is segmented on the basis of cancer type, treatment type, distribution channel, and region. On the basis of cancer type, the market is divided into bladder cancer, urethral cancer and ureteric and renal pelvic cancer. The bladder cancer segment dominated the market in 2020, and is expected to continue this trend during the forecast period, owing to increase in healthcare expenditure, advancement in available therapies, and increase in prevalence of bladder cancer.

On the basis of treatment type, the market is classified into chemotherapy, and immunotherapy. The immunotherapy segment dominated the market in 2020, and is expected to continue this trend during the forecast period, owing to increase in incidence of cancer, a rise in the number of approvals, stringent government regulation and increase in number of smokers. On the basis of distribution channel, the market is classified into retail pharmacy, and online pharmacy. The retail pharmacy segment dominated the market in 2020, and is expected to continue this trend during the forecast period, owing to increase in number of hospital & oncology centers, rise in prevalence of cancer and rise in the number of drug approval for treatment of cancer.

𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐒𝐓𝐔𝐃𝐘

• By cancer type, the bladder cancer segment was the highest contributor to the market in 2020.
• By treatment type, the immunotherapy segment was the highest contributor to the market in 2020.
• By distribution channel, the retail pharmacy segment dominated the market in 2020 and is expected to continue this trend during the forecast period.
• By region, North America garnered the largest revenue share in 2020, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.

𝐎𝐭𝐡𝐞𝐫 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:

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