The Business Research Company Global Prostate Cancer Drugs Market Report 2022 – Market Size, Trends and Global Forecast 2022-2026
LONDON, GREATER LONDON, UK, September 22, 2022 /EINPresswire.com/ — According to The Business Research Company’s 2022 Global Prostate Cancer Drug Market Report, the prostate cancer drug market is expected to grow from $16.09 billion in 2021 to $17.64 billion in 2022 at a cumulative annual growth rate (CAGR) of 9.6%. The growth in the market is mainly driven by companies realigning their operations and recovering from the impact of COVID-19, which previously led to restrictive containment measures including social distancing, telecommuting, and business closures, resulting in operational challenges. Global demand for prostate cancer drugs is expected to reach $23.95 billion in 2026 at a CAGR of 8.0%.
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Key trends in the prostate cancer drug market
The use of combination therapy for the treatment of prostate cancer is a new trend in the market. This is mainly due to the fact that in some cases of prostate cancer, monotherapy was not effective for patients. As a result, companies in the prostate cancer drug market are investing more in combination therapy for the treatment of prostate cancer.
Prostate Cancer Drug Market Overview
The prostate cancer drug market consists of sales of various drugs used to prevent and treat prostate cancer. Prostate cancer is one of the most common types of cancer caused by the uncontrolled development of cells in the prostate gland in men, which produces seminal fluid that nourishes and transports sperm. Some of the possible treatments for prostate cancer include hormone therapy, chemotherapy, immunotherapy, and targeted therapy.
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The 2022 Prostate Cancer Global Drug Market Report from TBRC contains the following information:
Market size data
• Forecast period: historical and future
• By region: Asia Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• By country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
• By type: hormone-sensitive prostate cancer, hormone-resistant prostate cancer.
• By therapy: hormonal therapy, chemotherapy, immunotherapy, targeted therapy
• By end user: hospitals, clinics, others
• Geographically. The global prostate cancer drug market is divided into North America, South America, Asia Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America holds the largest market share.
Major market players such as Astellas Inc., AstraZeneca plc, Johnson & Johnson, Sanofi SA, Bayer AG, Roche, Abbott, Pfizer, Norvaris and F. Hoffmann-La Roche AG.
Trends, opportunities, strategies and more.
The 2022 Global Prostate Cancer Drug Market Report is one of The Business Research Company’s comprehensive reports that provides an overview of the global prostate cancer drug market. The Market Report analyzes the Global Prostate Cancer Drugs Market Size, Global Prostate Cancer Drugs Market Share, Global Prostate Cancer Drugs Market Growth Factors, Global Prostate Cancer Drugs Market Segments, Major Players of the Global Prostate Cancer Drugs Market, Global Market Growth Prostate Cancer Medicines by Geographic Region, Revenue and Market Positioning of Competitors in the Global Prostate Cancer Medicines Market. The Prostate Cancer Drugs Market Report allows you to gain insight into opportunities and strategies, as well as identify countries and segments with the highest growth potential.
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Business Research has published over 3,000 industry reports covering over 3,000 market segments and 60 regions. The reports are based on 150,000 data sets, extensive secondary research and exclusive insights from interviews with industry leaders. The reports are supplemented with detailed analysis of the impact of COVID-19 on various markets.
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