The Europe Prostate Cancer Market estimated to be growing at a CAGR of 9.1% by 2021

The Europe 'Prostate Cancer Market' research report, published by Market Data Forecast estimates that the market itself was worth $13.92 billion in 2016 and expected to grow at a CAGR of 9.1%, to reach $21.52 billion by 2021 with a cumulative growth rate of $7.60 billion in the span of five years.

Prostate cancer is only seen in men and affects the male reproductive system(prostate gland). It is one of the leading causes of cancer death in men. After non-melanoma skin cancer, it is the most common cancer among males. It mainly occurs in older men. Almost all prostate cancers are adenocarcinomas-they begin in cells that release fluids. It has no early symptoms and it is not not exactly life-threatening. Advenced prostate cancer can cause the patient to urinate often or have a weaker flow of urine.

The report also presents detailed analysis of multitude of factors affecting the prostate cancer market bearing either positive or negative outcomes. Some of those factors are:
• Rising incidence of prostate cancer
• Increasing geriatric population base
• Growing demand for novel drugs
• Existence of high unmet needs
• High treatment costs
• Low patient compliance due to complicated treatment methods.

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For granular level understanding the Prostate Cancer Market segmented based on product and application, each being provided with Market Size Estimates and Y-o-Y Forecasts. The Europe Prostate Cancer market is segmented on the basis of diagnostic techniques into Digital Rectal Exam (DRE) and Prostate Specific Antigen Test (PSA). Based on surgery the market is segregated into Radical Prostatectomy, Orchidectomy and Transurethral Resection (TUR). By radiation therapy, the market is bifurcated into External Beam Radiation Therapy and Brachytherapy. External bean radiation therapy segment is further divided among 3D Conformal Radiation Therapy, Intensity Modulated Radiation Therapy, Stereotactic Body Radiation Therapy and Proton Beam Radiation Therapy. Brachytherapy segment is sub segmented into Permanent Brachytherapy and Temporary Brachytherapy. On the basis of chemotherapy, segments are Docetaxel, Etoposide, Vinblastine, Carboplatin and Vinorelbine.

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Based on geography the market is analyzed under various regions namely, U.K., Germany, Italy, Spain and France. Germany is dominating the prostate cancer market and is anticipated to continue its dominance over the forecast period.

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Major companies include Sanofi S.A, GlaxoSmithKline, AstraZeneca, AbbVie, Varian Medical Systems, Elekta, Theragenics, Pfizer, Novartis, Roche, Bayer, Johnson & Johnson, Abbott Laboratories, and Genentech etc. The market registered substantial growth in the recent years, due to the various strategies such as opting for agreements and collaborations, adopted by leading market players.

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The European Prostate Cancer Market report offers wide-range of scope:

• Regional and country-level analysis that provides an individual perspective of Europe region and the aforementioned countries

• Know more about key areas of industry growth via detailed Segment-level analysis on basis of product type long with market size forecasts and y-o-y estimations

• Detailed explanation of major drivers, restraints, opportunities, and challenges (DROC) that affect the market and impact the ever-shifting market dynamics

• Strategic Analyses containing PESTLE and Porter’s Five Forces Analyses which are obtained by studying the macro & micro environmental factors that affect the market demographics

• Comprehensive listing of key market players along with Company overview, product portfolios, financials (subjected to availability), SWOT analysis and analyst overview

• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

• Market Outlook - Investment opportunities devised by stand in experts to provide both individuals and organizations a strong financial foothold in the market

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