Global Prostate Cancer Therapeutics Market Expected to Reach XX Million by 2025
According to a new report published by Reports Monitor titled, “Prostate Cancer Therapeutics Market By therapy & distribution channel: Global Opportunity Analysis and Industry Forecast, 2018–2025,” the Prostate Cancer Therapeutics Market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2018 to 2025.
The report is segmented on the basis of therapy, distribution channel and region.
On the basis of therapy, the market is segmented into chemotherapy, hormonal therapy, immunotherapy and targeted therapy.
On the basis of distribution channel, the market is segmented into hospital pharmacies, online distribution and retail pharmacies.
Due to medical advances in medical science, various options are being seen in the prostate cancer therapeutics market. At an early stage, various diagnostic techniques have been successful in the detection of prostate cancer. Early detection of prostate cancer is possible due to measurement of prostate-specific antigen (PSA). In phase II and phase III clinical trials for prostate cancer detection there are some other therapies as well which includes hormonal agents, cytotoxic agents and other antiprostate-specific membrane antigen therapies.
High cost of treatment of prostate cancer is the restraint in the growth of the prostate cancer therapeutics market. In the developing and underdeveloped economies, high costs of targeted therapies and other immunotherapies is not affordable by a large population.
Further, reluctance toward adoption of premium treatments is another factor challenging the market’s growth.
Systemic therapies for early state prostate cancer are not tried by oncologists due to negative perception toward systemic therapy.
Key Question Answered: • What are the different types of Prostate Cancer Therapeutics products? • What will be the market size in 2025 and at what rate it will grow? • What trends, barriers, challenges are influencing its growth? • Who are the major key players in global Prostate Cancer Therapeutics market and what are their strategies? • Which vertical industry is expected to show major growth? • What segment and region will lead the market and why? • What are major future trends in global Prostate Cancer Therapeutics market? • What are key market developments and strategies in Prostate Cancer Therapeutics market?
The major companies profiled in the report include: Abbott Laboratories, AbbVie, Amgen, Astellas Pharma Inc., AstraZeneca Pharmaceuticals, Bayer AG, Bristol-Myers Squibb, Janssen Biotech Inc., Pfizer Inc. and Sanofi Aventis.
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