Prostate
Cancer Drugs Market is expected to grow at a significant CAGR in the
upcoming years as the scope and its applications are increasing across the
globe. Prostate Cancer is the most common type of cancer in men globally. It is
the cancer of prostate gland which is a walnut-sized gland present in men. The
function of this gland is to produce seminal fluid that nurtures and transports
sperm.
The Key Factor That
Drives the Growth of Prostate Cancer Drugs Market Research Report by Trends,
Applications, Analysis, Growth, and Forecast: 2017 to 2022
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The factors that propel the
growth of the Prostate Cancer Drugs Market include increasing demand, rapid
urbanization & industrialization, rise in research activities and product
development & technological innovations. In addition, the key factors that
fuel the market growth includes geriatric population, growing incidences of
prostate cancer, awareness among people and increasing number of diagnostic
centers.
On the other hand, there are
also factors that may hamper the growth of the market such as high cost. Prostate
Cancer Drugs Market is classified on the basis of product type, applications,
distribution channel and geography. The market is segmented by product type as
chemotherapy, hormonal therapy, immunotherapy, targeted therapy and others. The
chemotherapy segment comprises systemic chemotherapy, regional chemotherapy and
others.
The hormonal therapy segment
comprises luteinizing hormone-releasing hormone analogs, luteinizing
hormone-releasing, hormone antagonists and antiandrogens. The targeted therapy
segment comprises apoptosis inducing drugs, angiogenesis inhibitor, signal
transduction inhibitor and others. Prostate Cancer Drugs Market is classified
on applications as clinics, hospital and others. Prostate Cancer Drugs Industry
is segmented by distribution channel as online stores, hospital pharmacy,
retail pharmacy and others. Prostate Cancer Drugs Market is classified on the
basis of geography as North America, Latin America, Western Europe, Eastern
Europe, Asia Pacific, Japan and Middle East and Africa.
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Top Key players include: - AbbVie, Astra Zeneca, Amgen, Astellas
Pharma, Bayer HealthCare, BMS, Boehringer Ingelheim, Endo Pharmaceuticals,
Foresee Pharmaceuticals, Ferring Pharmaceutical, GlaxoSmithKline, Janssen
Pharmaceuticals, Johnson & Johnson.