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Prostate Cancer Market Size Share and Industry Outlook to 2028

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vikram pathari
Prostate Cancer Market Size Share and Industry Outlook to 2028

Global Prostate Cancer Market is segmented By Therapy Type (Hormone therapy, Chemotherapy, Immunotherapy, Radiation, Focal therapies, Cryosurgery, High-intensity focused ultrasound), By End-User (Hospitals, Ambulatory Surgical Centers, Specialty Clinics), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2021-2028


Market Overview

The Global Prostate Cancer Market is expected to grow at a high CAGR of 4.7% during the forecasting period (2021-2028).

Prostate cancer is the second most frequently diagnosed cancer in the world and the fifth leading cause of cancer death among men. The average age of a prostate cancer diagnosis is 66 years.

However, one-time screening and early diagnosis are likely to increase the success rate of treatment.

The global Prostate Cancer market is anticipated to reach a value of USD 18 billion by 2026.


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Market Drivers

Increasing disease prevalence will act as the primary driver for market growth.

Around 200,000 men are diagnosed with it every year, and most of them are over the age of 50. It is estimated that nearly 30,000 men died because of prostate cancer in 2018.

Other market drivers include rapid advancement in oncology screening and diagnostics as well as innovations in drug development.

However, the high cost associated with diagnostic tests and the adverse effects of treatment will affect market growth.

An increasing trend is to bring effective immune-based cancer treatments to patients with prostate cancer.

Immunotherapy is a promising new treatment currently being developed in research. Provence, also known as sipuleucel-T is the only FDA-approved immunotherapy for prostate cancer.


Market Segmentation

The Global Prostate Cancer market report segments the market by therapy, end-user, and region.

Based on therapy, the market is segmented into hormonal treatment; chemotherapy; immunotherapy; radiation, and focal therapies.

Based on the end-user, the global Prostate Cancer market has been segmented into hospitals, ambulatory surgical centers, and specialty clinics. The hospital end-user type segment is expected to account for the highest share.


Geographical Analysis

Geographically, the market is segmented into five major regions, namely North America, South America, Europe, Asia Pacific, and RoW. North America is the leading global market with the largest revenue share in 2017 owing to the high prevalence of the disease in the US. Next to skin cancer, prostate cancer is the most common cancer in American men. As per the American Cancer Society, about 164,690 new cases of prostate cancer will be diagnosed in 2018. Hence, this region witnesses high investment in R&D for the development of newer immunotherapies.


Market Report Scope

By Therapy Type

·      Hormone therapy

·      Chemotherapy

·      Immunotherapy

·      Radiation

·      Focal therapies

By End-User

·      Hospitals

·      Ambulatory Surgical Centers

·      Specialty Clinics

By Region

·      Asia Pacific (China, Japan, India, Australia, Rest of Asia Pacific)

·      Europe (Germany, France, The UK, Italy, Spain, Rest of Europe)

·      North America (The USA, Canada, Mexico)

·      South America (Brazil, Argentina, Rest of South America)

·      Rest of the World.


Why should I purchase this report?

Visualize the composition of the Prostate Cancer market across each indication, regarding type and treatment options, highlighting the critical commercial assets and players.

Identify commercial opportunities by analyzing trends and co-development deals.

Excel data sheet with thousands of data points of the market – level 4/5 segmentation.

PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.

Product mapping in excel for crucial Prostate Cancer products of all major market players.


Who can benefit from this report?

·      Equipment Suppliers/ Buyers

·      Service Providers/ Buyers

·      Industry Investors/Investment Bankers

·      Education & Research Institutes

·      Research Professionals

·      Emerging Companies

·      Manufacturers

·      Trending Topics

·      Pituitary Cancer Market

·      Bone Cancer Market

 

About Us

DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year, we have secured more than 100 unique customers from established organizations all over the world.

 

For more information:

Sai Kiran

Sales Manager at DataM Intelligence

Email: [email protected]

Tel: +1 877 441 4866

Website: www.datamintelligence.com

 

 

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