Press release
Urinary Tract Cancer Market Report 2024-2033 | Size, Share, Trends And Insights
Urinary Tract Cancer Market
The urinary tract cancer market size is expected to see rapid growth in the next few years. It will grow to $6.49 billion in 2028 at a compound annual growth rate (CAGR) of 19.3%. The growth in the forecast period can be attributed to immunotherapy advancements, telemedicine and remote monitoring, biomarker research, adjuvant therapies. Major trends in the forecast period include global collaboration, advances in palliative care, comprehensive survivorship programs, patient-centric care.
Market Overview -
Urinary tract cancer refers to malignancies that develop in the kidneys, bladder, ureters, or urethra, often causing symptoms like blood in the urine and pain. The preventive steps such as stopping smoking, avoiding hazardous substances and promptly treating urine infections may help minimize the risk of getting urinary tract cancer.
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Rising Bladder Cancer Cases Fuel Expansion Of The Urinary Tract Cancer Market
The growing prevalence of bladder cancer is expected to propel the growth of the urinary tract cancer market. Bladder cancer refers to the development of cancerous cells within the tissues of the urinary bladder, which is a hollow organ in the pelvis responsible for storing urine produced by the kidneys until it is excreted from the body. This higher prevalence leads to greater demand for diagnostic tools, screening methods and treatment options for urinary tract cancer patients. For instance, in January 2023, according to the report published by the American Cancer Society Inc., a US-based voluntary organization for cancer awareness, the estimated cases of urinary system cancer increased to 168,560 in 2023, an increase of 2.66% from 164,190 in 2022 in the United States. Moreover, bladder cancer cases increased to 83,730 in 2021, an increase of 2.8% from 81,400 in 2020. Therefore, the growing prevalence of bladder cancer will drive the growth of the urinary tract cancer market.
Competitive Landscape -
Major players in the urinary tract cancer market are Pfizer Inc., Johnson & Johnson, F. Hoffmann-La Roche Ltd., Merck KGaA, Bayer AG, Novartis AG, Bristol-Myers Squibb Company, AstraZeneca PLC, GlaxoSmithKline PLC (GSK), Eli Lilly and Company, Amgen Inc., Astellas Pharma Inc., Eisai Co. Ltd., Boehringer Ingelheim GmbH, Incyte Corporation, Shionogi & Co. Ltd., Kyowa Hakko Kirin Co. Ltd., Endo International PLC, Seagen Inc., Exelixis Inc., Ferring Pharmaceuticals, Bavarian Nordic, EUSA Pharma, UroGen Pharma Inc., Mersana Therapeutics, Protara Therapeutics Inc., Spectrum Pharmaceuticals, IDL Biotech AB, AroCell AB, ImmunityBio Inc.
Advancements In Urinary Tract Cancer Treatment Redefining Patient Care
Major companies operating in the urinary tract cancer market are increasing their focus on advancement in treatment process to provide more effective and tailored solutions to gain a competitive edge in the market. Such advances in urinary tract cancer treatment emphasize precise interventions, leveraging the body's immune system, improving surgical techniques and customizing treatments to suit the unique needs of individual patients. For instance, in October 2022, UC San Diego Health, a US-based healthcare system, introduced an advanced treatment for patients suffering from low-grade upper tract urothelial cancer (LG-UTUC), a relatively uncommon subtype of urinary system cancer. This advanced treatment provides an alternative approach to the traditional method of complete kidney removal, potentially sparing patients from the need for future dialysis or kidney transplants. The innovative therapy involves the administration of a drug named Jelmyto through a series of injections that contain mitomycin, a well-known chemotherapy agent, combined with a sterile hydrogel. The administration of this drug occurs through guided injections, which enable precise targeting of the tumor location within the urinary system.
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Key Segments -
The urinary tract cancer market covered in this report is segmented -
1) By Cancer Type: Bladder Cancer; Urethral Cancer; Ureteric And Renal Pelvic Cancer
2) By Treatment: Chemotherapy; Intravesical Therapy; Radiation Therapy; Surgery
3) By Diagnostic Techniques: Cystoscopy; Transurethral Resection Of The Tumor; Imaging Tests; Urine Analyses; Other Diagnostic Techniques
4) By Distribution Channel: Retail Pharmacy; Online Pharmacy
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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