Revenue of the Global Prostate Cancer Therapeutics Market Size to Hit USD 24.74 Billion By 2032

With the presence of a large pool of participants, the global prostate cancer therapeutics market is displaying a highly competitive business landscape, according to a new research report by Zion Market Research (ZMR).

This review is based on a report by Zion Market Research, titled “ Prostate Cancer Therapeutics Market By Therapy (Hormone Therapy, Targeted Therapy, Chemotherapy, And Biologic Therapy), By Distribution Channel (Hospital Pharmacies, Online Sales, Retail Pharmacies, And Others), and By Region: Global Industry Perspective, Size, Trends, Comprehensive Analysis, And Forecast, 2024 – 2032” report at https://www.zionmarketresearch.com/report/prostate-cancer-therapeutics-market

Current know-how vis-à-vis the relevance of DNA damage repair mutations in patients having prostate cancer is predicted to create new growth frontiers for the prostate cancer therapeutics business over the years to come. Moreover, the past decade has witnessed new breakthroughs in prostate cancer therapeutics including radium-233, enzalutamide, cabazitaxel, abiraterone acetate, and sipuleucel-T. In addition to this, the induction of new therapies such as immunotherapy, PARP inhibition, and radiopharmaceuticals can bring a paradigm shift in the prostate cancer therapeutics industry over the years ahead.

Furthermore, precision medicine utilizing the nutraceutical methodology is one of the major patterns used for developing the non-toxic therapeutics that can act synergistically with current anti-cancer agents in the countries like the U.S. Moreover, precision medicine helps in choosing of apt therapies for treating prostate cancer through proper genetic mapping. All these factors are likely to upsurge the expansion of the prostate cancer therapeutics market in the foreseeable future. Apart from this, breakthroughs in the oncology can result in early diagnosis of prostate cancer leading to on-time treatment of the disease. This will expand the scope of the business over the years to come.  

Additionally, the drug repositioning strategy has helped the firms in determining non-cancer medicines having anti-cancer properties along with tolerable side effects on the health of the patients. This aspect will further add to the market size over the forecast period.

Hospital Pharmacies Segment To Account For Major Market Share By 2032

Hospitals have remained the most preferred locations for admitting prostate cancer patients for the treatment. This has resulted in the huge popularity of hospital pharmacies, thereby adding to its growth.

North America To Dominate The Overall Market Surge Over 2024-2032

Ongoing research programs, breakthroughs in the domain of biotechnology, and launching of vaccines like Sipuleucel-T have contributed massively towards the ascent of the prostate cancer therapeutics industry in North American sub-continent. The industry growth in the region is likely to persist even during the forecast timeline.

The key players involved in the prostate cancer therapeutics business are Bayer AG, Johnson & Johnson, Ipsen Group, Amgen, Inc., Endo Pharmaceuticals, Inc., AbbVie, Inc., Pfizer, Inc., AstraZeneca, Sanofi, and Sanpower Group.   

The key players leveraging prostate cancer therapeutics market evolution and included in the report are:

• Bayer AG
• Johnson & Johnson
• Ipsen Group
• Amgen, Inc.
• Endo Pharmaceuticals, Inc.
• AbbVie, Inc.
• Pfizer, Inc.
• AstraZeneca
• Sanofi
• Sanpower Group

This report segments the Prostate Cancer Therapeutics market as follows:

Global Prostate Cancer Therapeutics Market: By Therapy Segment Analysis

• Hormone Therapy
• Targeted Therapy
• Chemotherapy
• Biologic Therapy

Global Prostate Cancer Therapeutics Market: By Distribution Channel Segment Analysis

• Hospital Pharmacies
• Online Sales
• Retail Pharmacies
• Others

Global Prostate Cancer Therapeutics Market: By Regional Segment Analysis

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa

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