Wednesday, 26 April 2017

Global Prostate Cancer Therapeutics Market to Exhibit a Remarkable CAGR of 8.1% during the Period 2016-2024

Due to the increasing prevalence of prostate cancer, there is several new prostate cancer treatment research is going on in several areas at present. The therapeutics market report on prostate cancer comprises an elaborate executive summary, which includes market snapshot, considering 2015 as the base year. Researchers and doctors are always looking for more effective and alternative treatments for prostate cancer, such as the launch of promising emerging therapies, innovation in the development of new drugs and therapeutic biological products etc. As per the research estimations, the global prostate cancer therapeutics market to expand at a CAGR of 8.1% between 2016 and 2024. At this pace, the market will reach US$17.53 billion by the end of 2024.
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Prostate Cancer Therapeutics Market
Prostate Cancer is the most common cancer among men and is an abnormal and uncontrolled growth of cells in the prostate gland of a male individual. More specifically, it is the second type of cancer that is most deadly among U.S. men. According to National Cancer Institute, the maximum number of new cases of prostate cancer was 129.4 per 100,000 men per year. The number of deaths was 20.7 per 100,000 men per year. The findings state that, when prostate cancer is detected in its early stages, it can be effectively treated and cured. There are a number of ways to treat prostate cancer.
In the market overview section, the Prostate Cancer Therapeutics Market provides statistics and data analysis of the country’s market with respect to the segments based on therapy type, distribution channels and regions. Regionally, the research throws lights on the major areas, such as North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
Hormonal therapies stop the growth of cancer cells by reducing the amount of testosterone in the body. Due to their effectiveness, hormonal therapies have an increased adoption among physicians. Moreover, on the basis of distribution channels, the global prostate cancer therapeutics market has been segmented into hospital pharmacy, retail pharmacy, online sales and others.
The Global Prostate Cancer Therapeutics Market is segmented as given below:
Global Prostate Cancer Therapeutics Market, by Therapy
  • Hormone Therapy
  • Luteinizing Hormone-Releasing Hormone Analogs
  • Luteinizing Hormone-Releasing Hormone Antagonists
  • Antiandrogens
  • Chemotherapy
  • Systemic Chemotherapy
  • Regional Chemotherapy
  • Biologic Therapy
  • Targeted Therapy
Global Prostate Cancer Therapeutics Market, by Distribution Channel
  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Sales
  • Others
Moreover, competitive landscape of the market is also highlighted in the study, which has been analyzed on the major players leading in the market. Top players are Amgen, Inc., Pfizer, Inc., AstraZeneca, Dendreon Corporation (Sanpower Group Co. Ltd.), AbbVie, Inc., Bayer AG, Ipsen Group, Johnson & Johnson (Janssen Biotech, Inc.), Sanofi, Endo Pharmaceuticals, Inc.