Hormone-Sensitive Advanced Prostate Cancer Treatment Market is Likely to Witness Steady Growth by 2033

Posted by Ganesh Shinde on June 14th, 2023

The global Hormone-Sensitive Advanced Prostate Cancer Treatment Market is expected to be worth US$ 12.44 billion by 2023. According to Future Market Insights, the market will grow at a 7.2% CAGR through 2033, with a market value of US$ 24.94 billion.

The key providers' principal mission is to translate science into revolutionary oncology medications for assisting patients with cancer around the world, where they pledge to potentially bringing new hope driving the purpose and enabling accessibility through their cancer treatments.

The market for prostate cancer medications is being held back by recurrent/non-responsive prostate cancer. This is because recurrent/non-responsive prostate cancer cells cause cancer to recur or spread after first treatment. According to the American Society of Clinical Oncology (ASCO), 50% to 95% of men with high-risk prostate cancer in the United States experience recurrence after localised treatment.

The prostate cancer medications market in the United States is regulated by the FDA, which is in charge of drug approval and establishing regulations for prostate cancer treatment. This was the first FDA-approved treatment for non-metastatic, castration-resistant prostate cancer, and more are planned in the future. As a result, the regulatory environment around prostate cancer medications will attract additional drug producers to enter the market.

Major Players

  • Novartis Pharmaceuticals
  • Merc & Co., Inc.
  • Bristol-Myers
  • Dendreon Corporation
  • GlaxoSmithKline plc.
  • Ferring International Center S.A.
  • Roche Group
  • Celgen Corporation
  • Amgen Inc.
  • Teva Pharmaceutical Industries Ltd

Get More Details@ https://www.futuremarketinsights.com/reports/hormone-sensitive-advanced-prostate-cancer-market

Key Segments Profiled in the Hormone Sensitive Advanced Prostate Cancer Treatment Market Report

By Treatment:

  • Androgen Ablation Therapy
  • Chemotherapy
  • Targeted Therapy
  • Cryotherapy

By End User:

  • Hospitals
  • Clinics
  • Cancer Rehabilitation Centers

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Ganesh Shinde

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Ganesh Shinde
Joined: October 27th, 2022
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