The Global Prostate Cancer Drugs Market Report by The Business Research Company covers prostate cancer drugs market drivers and restraints, prostate cancer drugs market size, major players, and the impact of COVID-19 on the prostate cancer drugs market.
The prostate cancer drugs market consists of sales of various drugs used for the prevention and treatment of prostate cancer. Prostate cancer is one of the most common types of cancer caused due to uncontrollable development of cells in the prostate gland in men that produces the seminal fluid that nourishes and transports sperm. Some of the possible treatments for prostate cancer include hormonal therapy, chemotherapy, immunotherapy and targeted therapy.
The increasing male geriatric population is a major driver for the prostate cancer drugs market. Prostate cancer is one of the most common types of cancer in men aged above 60.
The global prostate cancer drugs market is expected to grow from $3.65 billion in 2020 to $3.87 billion in 2021 at a compound annual growth rate (CAGR) of 6%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $5.31 billion in 2025 at a CAGR of 8.2%.
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Some prostate cancer drugs market trends include the use of combination therapy to treat prostate cancer. This is mainly because in some cases of prostate cancer, monotherapy has not been effective for the patients. In this regard, companies in the prostate cancer drugs market are investing more in combination therapy for the treatment of prostate cancer.
Global prostate cancer drugs market segments include:
1) By Type: Hormone Sensitive Prostate Cancer, Hormone Refractory Prostate Cancer.
2) By Therapy: Hormonal Therapy, Chemotherapy, Immunotherapy, Targeted Therapy.
3) By End User: Hospitals, Clinics, Others.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Prostate Cancer Drugs Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides prostate cancer drugs market overviews, analyzes and forecasts market size, share, prostate cancer drugs market players, prostate cancer drugs market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The prostate cancer drugs market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Prostate Cancer Drugs Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Astellas Inc., AstraZeneca plc, Johnson & Johnson, Sanofi S.A, Bayer AG, Roche, Abbott, Pfizer, Norvaris, F. Hoffmann-La Roche AG, Tolmar Inc, AbbVie, Siemens Healthcare GmbH, Genomic Health, OPKO, Siemens Healthcare, MDx Health, Myriad Genetics , Janssen Biotech, Clovis Oncology, Merck Sharp & Dohme, Dendreon, Ferring Pharmaceuticals, GlaxoSmithKline, Ipsen, Merck & Co.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The prostate cancer drugs Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The prostate cancer drugs Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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