Prevention and Treatment of Prostate Cancer: Global Market for Prostate Cancer Screening and Detection is Projected to Grow at a CAGR of 5.8% to Reach $19.8 billion by 2028

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Feb 09, 2024, 10:30 ET

DUBLIN, Feb. 9, 2024 /PRNewswire/ -- The "Prevention and Treatment of Prostate Cancer: Technologies and Global Markets" report has been added to ResearchAndMarkets.com's offering.

The global market for prostate cancer care reached $35.3 billion in 2022. This market is expected to reach $56.4 billion by the end of 2028, growing at a CAGR of 8.3% from 2023 through 2028.

As the second most diagnosed male cancer in the world, prostate cancer affects roughly 1.4 million people and kills more than 370,000 men each year, which represents about 4% of all cancer deaths worldwide. This cancer ranges from being a non-aggressive, slow-growing type that can do without treatment to an aggressive, fast-growing disease that needs intervention and timely treatment. Hence, early detection/screening, diagnosis and staging of prostate cancer are critical.

The global market for prostate cancer screening and detection is projected to grow at a CAGR of 5.8% to reach $19.8 billion by the end of 2028. It is estimated that over 60% of age-eligible men remain unscreened for prostate cancer. A large, underserved population of unscreened and inadequately screened patients represents a significant opportunity for non-invasive biomarker tests in the prostate cancer screening market.

The global market for prostate cancer pharmaceuticals was valued at $16.0 billion in 2022 and is expected to reach $29.6 billion by the end of 2028, at a CAGR of 11.0% during the forecast period. Continued incidence of prostate cancer, the world's growing elderly population, and increasing therapeutic innovations are key driving factors in the market for prostate cancer drugs.

The direct cost for radical prostatectomy was estimated at $3.6 billion in 2022. This cost is expected to rise to $4.8 billion by the end of 2028. The growing popularity of robot-assisted laparoscopic prostatectomy (RALP) is expected to impact the overall radical prostatectomy market. Improved screening programs will result in an increase in radical prostatectomies, as this procedure is preferred in early detection stages.

The radiotherapy device market is expected to grow as the incidence of prostate cancer worldwide continues to increase and better and more accurate imaging technologies combined with precise treatment strategies are developed. This market is expected to reach $2.2 billion by the end of 2028.

This research study analyzes the state of prostate cancer care, including screening, detection and treatment, offers revenue forecasts, assesses future trends, and provides recommendations for the success of market participants. The scope of the study is global. This report estimates market data for 2022 (the base year) and provides forecasts for 2023 through 2028. Figures for 2023 are estimated, except where actual results have been reported. This report includes forecasts by product type and region from 2023 through 2028. Genetic testing for inherited prostate cancer risk assessment is beyond the scope of the report.

The Report Includes

31 data tables and 63 additional tables
An overview of the global market for the technologies for prevention and treatment of prostate cancer
Analysis of global market trends, featuring historical revenue data for 2020-2022, estimated figures for 2023, forecasts for 2024, and projections of compound annual growth rates (CAGRs) through 2028
Evaluation of the current market size and revenue growth prospects specific to prevention and treatment of prostate cancer, accompanied by a market share analysis by test type, treatment type, drug type and geographic region
Description of several types of prostate cancer, namely acinar adenocarcinoma, ductal adenocarcinoma, transitional cell (or urothelial) cancer, small cell prostate cancer and carcinoid and sarcomas
Description of biomarker tests such as the prostate-specific antigen (PSA) test, digital rectal exam (DRE) and prostate biopsy, and a discussion on their advantages and limitations
Information on poly adenosine diphosphate-ribose polymerase (PARP) inhibitors, their limitations and approvals related to their use as targeted therapy for prostate cancer
Coverage of approvals for metastatic castration resistant prostate cancer (mCRPC), and collaborations and licensing agreements for the treatment of prostate cancer
Evaluation of the current and future market potential and an analysis of the regulatory framework and reimbursement scenarios
Review of patents, product pipelines, ESG trends and emerging technologies related to prevention and treatment of prostate cancer
Market share analysis of the key companies in the industry and coverage of mergers & acquisitions, joint ventures, collaborations, partnerships and other market strategies
Profiles of leading market participants

Key Topics Covered:

Chapter 1 Introduction

Chapter 2 Summary and Highlights

Chapter 3 Market Overview

Prostate Cancer
Biology of Prostate Cancer
Symptoms
Screening
Diagnosis
Localized Prostate Cancer
Metastatic Prostate Cancer
Watchful Waiting or Active Surveillance
Treatment

Chapter 4 Market Dynamics

Market Drivers
- Increasing Prevalence of Prostate Cancer
- Active Surveillance and Screening
- Personalized Care
- Approvals for Metastatic Castration-Resistant Prostate Cancer
- Collaborations and Licensing Agreements
Market Challenges
- Loss of Exclusivity and Genericization
- Shortage of Care Providers and Other Resources
Market Opportunities

Chapter 5 Screening and Diagnosis Market by Test Type

Biomarker Tests
PSA Tests
Limitations of PSA Tests
Biomarker Tests for Early Prostate Cancer Detection in Elevated PSA Settings
Digital Rectal Exam
Limitations of DREs
Prostate Biopsy
Grade (Gleason Score) of Prostate Cancer
Prostatic Intraepithelial Neoplasia
Atypical Small Acinar Proliferation
Proliferative Inflammatory Atrophy
Intraductal Carcinoma of the Prostate
Limitations of Prostate Biopsies
Imaging Technologies for Prostate Cancer
Market for Prostate Cancer Screening/Diagnosis, by Test Type
Biomarker Tests
DREs
Prostate Biopsies

Chapter 6 Pharmaceuticals Market by Drug Type

Hormone Therapy
Androgen Deprivation Therapy
Antiandrogen Therapies
Hormone Therapy Uses in Prostate Cancer Treatment
Targeted Therapy
PARP Inhibitors
Radioligand Therapies
Small Molecule Targeted Agents
Monoclonal Antibodies
Chemotherapy
Immunotherapy
Market Revenue, by Drug Type
Hormone Therapy
Targeted Therapy
Immunotherapy
Chemotherapy

Chapter 7 Market for Surgery and Radiation Therapy by Treatment Type

Active Surveillance
Radical Prostatectomy
Robotic Prostatectomy
Open Radical Prostatectomy
Laparoscopic Prostatectomy
Radical Prostatectomy Market Revenue
Radiation Therapy
External Beam Radiation Therapy
Brachytherapy
Combined Radiation Therapy
Radiation Therapy Device Market Revenue

Chapter 8 Market Breakdown by Region

Chapter 9 Emerging Technologies and Developments

Liquid Biopsy
Multiparametric MRI
Homologous Recombination Repair Gene Mutation
Advanced Radiotherapy Techniques
AI and Machine Learning

Chapter 10 Pipeline Analysis

Chapter 11 Competitive Intelligence

Screening and Diagnosis Market
Market for Radiation Therapy Devices
Pharmaceuticals Market

Chapter 12 Company Profiles

Abbott
Accuray
Astellas Pharma
Astrazeneca
Bayer
Danaher Corp.
Dendreon Pharmaceuticals
Elekta
F. Hoffmann-La Roche
Johnson & Johnson Services
Pfizer
Sanofi
Siemens Healthineers

For more information about this report visit https://www.researchandmarkets.com/r/ycmmma

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