Latin America Prostate Cancer Market Growth, Emerging Opportunities and Trends 2016 to 2021

The Latin America Prostate Cancer Market was worth $5.28 billion in 2016 and estimated to be growing at a CAGR of 10.32%, to reach $8.63 billion by 2021.

Prostate cancer is one of the serious health issues among men that has large socioeconomic impact on the society. There has been much growth in the prostate cancer therapeutics market over the past decade, with a number of products targeting advanced forms of the disease and showing greatly increased efficacy over their antecedents.

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The Latin America prostate cancer market is poised to increase at a major pace, due to high unmet clinical need, partial survival benefits, increasing prevalence rates and fast emerging treatment modifications. The market growth would turn around the novel breakthrough treatments accountable for reaping survival benefits. The survival benefit would be instrumental in leading the peak sales and market penetration of novel approved drugs. Clinical trial challenges are obstructing the growth of the market.

The Latin America 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 Trans Urethral 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 analysed under various regions namely, Mexico, Brazil and Argentina. Mexico is leading the market and likely to grow at highest CAGR.

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.

Market Segmentation

1) Diagnostic Techniques
• Introduction
• Digital Rectal Exam (DRE)
• Prostate Specific Antigen Test (PSA)
• Y-o-Y Growth Analysis, By Product
• Market Attractiveness Analysis, By Product
• Market Share Analysis, By Product

2) Surgery
• Introduction
• Radical Prostatectomy
• Orchidectomy
• Trans Urethral Resection (TUR)
• Y-o-Y Growth Analysis, By Type
• Market Attractiveness Analysis, By Type
• Market Share Analysis, By Type

3) Radiation Therapy
• Introduction
• External Beam Radiation Therapy
• 3D Conformal Radiation Therapy
• Intensity Modulated Radiation Therapy
• Stereotactic Body Radiation Therapy
• Proton Beam Radiation Therapy
• Brachytherapy
• Permanent Brachytherapy
• Temporary Brachytherapy
• Y-o-Y Growth Analysis, By Application
• Market Attractiveness Analysis, By Application
• Market Share Analysis, By Application

4) Chemotherapy
• Introduction
• Docetaxel
• Etoposide
• Vinblastine
• Carboplatin
• Vinorelbine
• Y-o-Y Growth Analysis, By Disease Indications
• Market Attractiveness Analysis, By Disease Indications
• Market Share Analysis, By Disease Indications

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Reasons to buy Latin America Prostate Cancer Market Research Report:

• Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• 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
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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