According to a research report published by Spherical Insights & Consulting, the Global Prostate Health Market Size is Expected to Grow from USD 32.6 Billion in 2023 to USD 78.03 Billion by 2033, at a CAGR of 9.12% during the forecast period 2023-2033.

Get a Sample PDF Brochure: https://www.sphericalinsights.com/request-sample/4514

Prostate health refers to the general well-being and functioning of a small, walnut-shaped gland known as the prostate in a man. The prostate gland is located below the bladder and forms a ring around the urethra. The prime function of the prostate gland is to produce seminal fluid, which feeds the sperm. Cancer developing in the prostate is generally known as prostate cancer. Slow-growing prostate cancer initially only affects the prostate gland but can spread to other parts of the body, such as the bones and lymph nodes. Furthermore, the increasing importance of personalized medicine and patient-centered care, the rapid expansion of cancer institutes and centers across the globe, and the rise in clinical trials for interventions for prostate cancer. The growing prevalence of target diseases and the availability of long-acting, high-incidence products are also driving market expansion. Innovations in precision medicine, robotic-assisted surgery, and imaging techniques, among other treatment modalities, contribute to the market’s development. However, the high cost of treatment, low awareness in the developing regions, adverse effects of drugs, low accessibility of advanced therapy, and rigorous approval of regulatory bodies.

Browse key industry insights spread across 240 pages with 115 Market data tables and figures & charts from the report on the Global Prostate Health Market Size, Share, and COVID-19 Impact Analysis, By Disease Indication (Benign Prostate Hyperplasia (BPH), Prostate Cancer, Alpha Blockers, Prostatitis, and Others), By Treatment (Radiation Therapy, Hormone ADT, AR Directed Therapies, Cytotoxic Agents, and Therapeutics), By Distribution Channel (E-Commerce Stores, Pharmacies, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033

Buy Now Full Report: https://www.sphericalinsights.com/checkout/4514

The prostate cancer segment is expected to hold the greatest revenue share through the forecast period.

On the basis of the disease indication, the global prostate health market is divided into benign prostate hyperplasia (BPH), prostate cancer, alpha-blockers, prostatitis, and others. Among these, the prostate cancer segment is expected to hold the greatest revenue share through the forecast period. This is attributed to the rapidly developing cancer technology and an apparent rise in research and development. Also, the availability of a strong pipeline and funding from the government for research.

The hormone ADT is anticipated to grow at the fastest CAGR growth through the forecast period.

On the basis of the treatment, the global prostate health market is divided into radiation therapy, hormone ADT, AR-directed therapies, cytotoxic agents, therapeutics, and others. Among these, the hormone ADT is anticipated to grow at the fastest CAGR growth through the forecast period. This due to the increasing incidence of prostate cancer, advances in ADT drugs, early detection, increased investments in healthcare, shift towards non-surgical treatments, and the aging global population, all of which are driving greater demand.

The e-commerce segment is expected to hold the largest share of the global prostate health market during the forecast period.

On the basis of the distribution channel, the global prostate health market is divided into e-commerce stores, pharmacies, and others. Among these, the e-commerce segment is expected to hold the largest share of the global prostate health market during the forecast period. This is due to traditional drugstores being replaced by online pharmacies due to their ease of use and quick expansion. Geriatric individuals and others who reside far from real pharmacies can readily and conveniently get prescription medication online. Also, e-commerce websites save money and time. Prescription medications can be easily obtained online.

Inquire Before Buying This Research Report: https://www.sphericalinsights.com/inquiry-before-buying/4514

North America is expected to hold the greatest share of the global prostate health market over the projected timeframe.

North America is expected to hold the greatest share of the global prostate health market over the projected timeframe. The regional growth due to the rising incidence of benign prostate hyperplasia (BPH) and due to developments in treatment. Favourable compensation laws, research funding, a robust healthcare system, and a rise in the emergence of new products have all contributed to the growth of the prostate health sector in the area. Additionally, the North American market is expanding due to several factors, including the growing target population, the high prevalence of prostatitis, prostate cancer, and benign prostate hyperplasia (BPH), as well as the dominance of medical device companies.

Asia Pacific is anticipated to grow at a rapid CAGR growth of the global prostate health market during the forecast period. Prostate health treatments are projected to become increasingly essential in the Asia Pacific region due to an aging population, raised physician awareness, and rising healthcare spending. The rise in incidence has been attributed to the increased prevalence of PSA (prostate-specific antigen) screening in these regions.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global prostate health market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the mark

Major vendors in the global prostate health market are AbbVie, Inc., Pfizer, Inc., Bayer AG, Lily, AbbVie Inc., Ferring Pharmaceuticals Inc., Nucleai, Inc., Clovis Oncology, Inc., Eli Lilly and Company, Astellas Pharma Inc., Johnson & Johnson, Abbott Laboratories, Gilead Sciences, Inc, Teva Pharmaceutical Industries Ltd, Amgen, Inc., and others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Key Market Development

• In September 2023, The University of Oxford collaborated with MDxHealth SA. The collaboration aims to investigate the connection between the development of prostate cancer after localized prostate cancer treatment and the Genomic Prostate Score (GPS) test.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global prostate health market based on the below-mentioned segments:

Global Prostate Health Market, By Disease Indication

• Benign Prostate Hyperplasia (BPH)
• Prostate Cancer
• Alpha Blockers
• Prostatitis
• Others

Global Prostate Health Market, By Treatment

• Radiation Therapy
• Hormone ADT
• AR Directed Therapies
• Cytotoxic Agents and Therapeutics
• Others

Global Prostate Health Market, By Distribution Channel

• E-Commerce Stores
• Pharmacies
• Others

Global Prostate Health Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

Browse Related URL:

United Kingdom Drug Screening Market Size, Share, and COVID-19 Impact Analysis, By Sample Type (Urine and Oral Fluid), By Drug Type (Alcohol and Cannabis (Marijuana)), and United Kingdom Drug Screening Market Insights, Industry Trend, Forecasts to 2035.

United States Cancer Biomarkers Market Size, Share, and COVID-19 Impact Analysis, By Cancer Type (Colorectal Cancer, Prostate Cancer, Breast Cancer, and Lung Cancer), By Biomarker Type (Metabolomic Biomarkers, Genetic Biomarkers, Epigenetic Biomarkers, and Proteomic Biomarkers), and US Cancer Biomarkers Market Insights, Industry Trend, Forecasts to 2035

France Pharmacovigilance Market Size, Share, and COVID-19 Impact Analysis, By Product Life Cycle (Pre-clinical, Phase I, Phase II, Phase III, and Phase IV), By Service Provider (In-house and Contract Outsourcing), and France Pharmacovigilance Market Insights, Industry Trend, Forecasts to 2035.

United Kingdom Computed Tomography Market Size, Share, and COVID-19 Impact Analysis, By Type (Low Slice, Medium Slice, and High Slice), By Application (Oncology, Neurology, Cardiovascular, and Musculoskeletal), and United Kingdom Computed Tomography Market Insights, Industry Trend, Forecasts to 2035.

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company’s mission is to work with businesses to achieve business objectives and maintain strategic improvements.

CONTACT US:

For More Information on Your Target Market, Please Contact Us Below:    

Phone: +1 303 800 4326 (the U.S.)

Phone: +91 90289 24100 (APAC)

Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com

Contact Us: https://www.sphericalinsights.com/contact-us

Follow Us: LinkedIn | Facebook | Twitter