Prostate Cancer Therapeutics Market Size, Share, Growth, Trends, Scope, Regional Insights and Forecast 2020 - 2027

The global prostate cancer therapeutics market size was valued at US$ 9.8 Bn in 2019, and is projected to grow at a CAGR of 8% from 2020 to 2027.

The global prostate cancer therapeutics market size is expected to be worth around US$ 19.5 bn by 2027.

The study has considered the base year as 2019, which estimates the market size of market and the forecast period is 2020 to 2027. The report analyzes and forecasts the market size, in terms of volume (thousand units) and value (USD million), for the market. The report provides a detailed analysis of various forces acting in the market (drivers, restraints, opportunities, and challenges). The report covers key players and comprehensively analyzes their market shares and core competencies. It also tracks and analyzes competitive developments such as joint ventures, mergers & acquisitions, new product launches, expansions, and other activities carried out by key industry participants.


  • Prostate cancer is the most common non-cutaneous cancer occurring worldwide. New cases of prostate cancer account for one-third of all male cancer diagnoses and 10% of all deaths, globally.
  • Increase in cancer screening with prostate-specific antigen (PSA) is in part responsible for high localized staging of the disease at the time of diagnosis.
  • A majority of patients eventually become hormone refractory; however, the time in which androgen-insensitive clones emerge could range from months to years from the initiation of androgen-depravation therapy-ADT.
  • A number of different treatment modalities have been examined for prostate cancer. Each treatment has potential advantages as well as therapeutic limitations.
  • Emerging clinical data regarding long-term safety and early evidence of clinical benefits are likely to lead to development of novel modality of therapy for prostate cancer, which will be available across the globe.
  • Vaccines or antibodies administered in combination with radiation, chemotherapy, small-molecule targeted therapy, or perhaps even other immunotherapy could generate substantial synergistic effects.
  • Chemotherapy has long been a leading treatment for prostate cancer. When androgen-targeted signaling agents such as abiraterone and enzalutamide first emerged, their relatively favorable toxicity profile combined with efficacy led some to speculate that chemotherapy would no longer be necessary in prostate cancer.

Rise in Prevalence of Prostate Cancer and Launch of Promising Emerging Therapies to Drive Market

  • Increase in life expectancy in developed countries has increased the geriatric population, which, in turn, has led to the high incidence of prostate cancer. According to the Prostate Cancer Foundation, a majority of prostate cancer cases are diagnosed in men over 65. Hence, consistent rise in the geriatric population and sedentary lifestyles of people in developed countries augment the prevalence of prostate cancer across the globe. This increases the need and demand for prostate cancer therapeutics. According to the Urology Care Foundation, around 1 in 7 men is diagnosed with prostate cancer, and approximately one in 35 men succumb to the disease.
  • Various emerging diagnostic techniques have revolutionized prostate cancer detection at an early stage. The measurement of prostate-specific antigen (PSA) levels has helped the diagnosis of prostate cancer. Promising new therapies in phase II and phase III trials include new cytotoxic agents, hormonal agents, and other antiprostate-specific membrane antigen therapies. According to the Mayo Foundation for Medical Education and Research (MFMER), a combination of hormonal and anti-cytotoxic T-lymphocyte-associated antigen (CTLA) treatment strategies can provoke a focused immune response against prostate tumors.
  • Prominent players in the prostate cancer treatment market are emphasizing on R&D and the manufacture of therapeutics for the long-term survival of patients. Castration-resistant prostate cancer (CRPC) has driven the approvals of effective & potent systemic agents as first- and second-line treatments. Currently, numerous molecular agents are in the early phase of clinical trials for the treatment of prostate cancer. As of May 2016, the FDA had approved 13 new indications and four novel drugs in oncology, some of which are considered as first-in-class therapies.

Hormone Therapy to Dominate Market

  • In terms of therapy, the global prostate cancer therapeutics market has been classified into hormone therapy (luteinizing hormone-releasing hormone analogs, luteinizing hormone-releasing hormone antagonists, and antiandrogens), chemotherapy (systemic chemotherapy, regional chemotherapy), biologic therapy, and targeted therapy.
  • The hormone therapy segment dominated the market in 2018, and the trend is likely to continue during the forecast period.
  • Launch of new products in antiandrogens and luteinizing hormone-releasing hormone antagonists are projected to boost the growth of the hormone therapy segment.

Hospital Pharmacies to be Promising Distribution Channels

  • In terms of distribution channel, the global prostate cancer therapeutics market has been divided into hospital pharmacies, retail pharmacies, online sales, and others. The hospital pharmacies segment is projected to be a highly lucrative segment of the global prostate cancer therapeutics market during the forecast period.
  • The hospital pharmacies segment is anticipated to grow at a rapid pace, as a majority of prostate cancer treatments are performed in hospitals, and these settings offer easy reimbursement procedures.

North America to Dominate Global Prostate Cancer Therapeutics Market

  • In terms of region, the global prostate cancer therapeutics market has been segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
  • North America dominated the global prostate cancer therapeutics market in 2018, followed by Europe. Rise in the prevalence of prostate cancer among the geriatric population in North America has led to a high number of patients visiting hospitals. Hence, increase in the number of consultation with physicians for prostate cancer therapeutics is also projected to increase market growth in North America during the forecast period. North America’s high market share is attributed to a large number of prostate cancer patients. It is a primary region for players in the global prostate cancer therapeutic products market.
  • Europe was the second-largest market for prostate cancer therapeutics in terms of share in 2018. The region has witnessed an increase in the demand for prostate cancer therapeutic products and rising prevalence of the disease. However, the expiration of patents of major drugs is likely to hamper market growth in Europe.
  • The prostate cancer therapeutics market in Asia Pacific is projected to expand at a high CAGR from 2019 to 2027. This can be attributed to an increase in awareness about the disease.

Major Players

  • Key players operating in the global prostate cancer therapeutics market include
    • Amgen, Inc.
    • Johnson & Johnson (Janssen Biotech, Inc.)
    • Pfizer, Inc. 
    • AstraZeneca
    • AbbVie, Inc.
    • Bayer AG
    • Ipsen Group
    • Sanofi
    • Endo Pharmaceuticals, Inc.
    • Sanpower Group (Dendreon Corporation).


Prostate Cancer Therapeutics Market by Therapy

  • Hormone Therapy
  • Chemotherapy
  • Biologic Therapy
  • Targeted Therapy

Prostate Cancer Therapeutics Market by Distribution Channel

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Sales
  • Others

Prostate Cancer Therapeutics Market by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Rest of the Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia & New Zealand
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa

The Prostate Cancer Therapeutics market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Prostate Cancer Therapeutics market for the base year 2019 and the forecast between 2020 and 2027. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Prostate Cancer Therapeutics market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Prostate Cancer Therapeutics market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Prostate Cancer Therapeutics market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Prostate Cancer Therapeutics capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Prostate Cancer Therapeutics by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Prostate Cancer Therapeutics market. These figures have been provided in terms of both revenue and volume for the period 2016 to 2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Prostate Cancer Therapeutics market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Prostate Cancer Therapeutics market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Prostate Cancer Therapeutics industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

Prostate Cancer Therapeutics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Prostate Cancer Therapeutics market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Prostate Cancer Therapeutics market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Prostate Cancer Therapeutics market. These factors have benefited the growth of the global market for Prostate Cancer Therapeutics. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Prostate Cancer Therapeutics. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Prostate Cancer Therapeutics are as follows:

  • History Year: 2016-2019
  • Base Year: 2019
  • Estimated Year: 2020
  • Forecast Year 2020 to 2027

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

 In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2016-2019) and forecast (2020-2027);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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