Press release
Prostate Cancer Market to Reflect a Holistic Expansion with Highest CAGR by 2031 | Johnson & Johnson, Astella, Inc., Sanofi Aventis.
The Prostate Cancer Market is anticipated to reach USD 21.6 billion by 2031 from USD 11.7 billion in 2022, at a CAGR of 8.1% during the forecast period.DataM Intelligence has published a new research report on "Prostate Cancer Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Segmentation, CAGR, business revenue competitive positioning of key companies, investigating elements such as product offerings, pricing strategies, financial performance, product portfolios, growth initiatives, and geographical reach. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.
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The Prostate Cancer Market revolves around the diagnosis, treatment, and management of prostate cancer, a prevalent form of cancer among men, particularly affecting older adults. This market encompasses a wide array of products and services, including diagnostics such as PSA testing and biopsy tools, innovative therapies like hormone therapy, chemotherapy, radiation, and advanced treatment modalities such as immunotherapy and targeted therapies. It also includes surgical interventions such as prostatectomies and minimally invasive procedures.
Key Developments:
In February 2023, Fusion Pharmaceuticals, a clinical-stage oncology company focused on developing cutting-edge targeted alpha therapies (TATs) for precision cancer treatment, acquired the investigational new drug application (IND) for an ongoing Phase 2 clinical trial. This trial, called TATCIST, evaluates 225Ac-PSMA I&T, a small molecule targeting prostate-specific membrane antigen (PSMA) found on prostate cancer cells. The IND was obtained from RadioMedix, Inc., a clinical-stage biotech company.
In March 2023, Pfizer, a global leader in biotechnology and pharmaceuticals, announced a definitive agreement to acquire Seagen Inc., a multinational biotechnology company. Under the terms of the deal, Pfizer will purchase Seagen for USD 229 per share in cash, bringing the total enterprise value to USD 43 billion.
In June 2022, EVERSANA, a leading provider of next-generation commercial services for the global life sciences industry
Research Process:
Both primary and secondary data sources have been used in the global Prostate Cancer Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
List of the Key Players in the Prostate Cancer Market:
Johnson & Johnson, Astella, Inc., Sanofi Aventis, IPSEN, Bayer AG, AstraZeneca, Valent Pharmaceuticals LLC, Novartis International AG and Clovis Oncology Inc.
Segment Covered in the Prostate Cancer Market:
By Therapy Type: Hormone therapy, Chemotherapy, Immunotherapy, Radiation, Focal therapies, Cryosurgery, High-intensity focused ultrasound.
By End-User: Hospitals, Ambulatory Surgical Centers, Specialty Clinics.
Regional Analysis:
The global Prostate Cancer Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Prostate Cancer Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Prostate Cancer Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Prostate Cancer manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Prostate Cancer in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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Frequently Asked Questions
Q1) How Big is the Prostate Cancer Market?
A) Global Prostate Cancer Market reached USD 11.7 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 21.6 billion by 2031.
Q2) Who are the key players of Prostate Cancer Market?
A) Key players are Johnson & Johnson, Astella, Inc., Sanofi Aventis, IPSEN, Bayer AG, AstraZeneca, Valent Pharmaceuticals LLC, Novartis International AG and Clovis Oncology Inc.
Q3) What are the regions covered in this report?
A) The global Prostate Cancer Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa
4) What are the Segments Coverd in this report?
A) The Prostate Cancer market is segmented as
By Therapy Type: Hormone therapy, Chemotherapy, Immunotherapy, Radiation, Focal therapies, Cryosurgery, High-intensity focused ultrasound.
By End-User: Hospitals, Ambulatory Surgical Centers, Specialty Clinics.
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