Report Scope & Overview:
Prostate Health Market Size was valued at USD 34.05 billion in 2022, and expected to reach USD 66.86 billion by 2030, and grow at a CAGR of 8.8% over the forecast period 2023-2030.
An organ of the male reproductive system is the prostate gland. Benign prostatic hyperplasia, also known as BPH, is a benign enlargement of the prostate that is the third most prevalent type of prostate illness after inflammation (prostatitis). Men are said to be affected by the condition known as benign prostatic hyperplasia (BPH). It involves non-cancerous prostate gland hypertrophy. The likelihood of developing BPH rises with age, even though it rarely manifests symptoms before the age of 42. Up to 91% of males over the age of 80 and over 50% of men between the ages of 52 and 62 are affected by the disorder. Patients with BPH have received treatment through the use of drugs and surgery.
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The negative effects of BPH medicine
Favourable product pipeline
Men's knowledge of prostate health is lacking
Prostate health market recalls of products
IMPACT OF COVID-19
The prostate health market experienced a decline in sales, and the pattern persisted through the end of December 2020. The development of this industry is being constrained by unfavorable changes in legislation and standards. Major regulatory bodies from all around the world, including the CDC, WHO, MHRA, TGA, and EMA, have determined that people with cancer are more likely to get COVID-19 infection than healthy adults. So, at hospitals and cancer treatment facilities, screening, diagnostic tests, and surgical procedures are severely limited or delayed. Market upheavals in the field of prostate health are anticipated as a result. Hospitals and caregivers might expect delays in screening procedures and elective surgery as a result of the aforementioned issues.
By Disease Indication
In the global market, the prostate cancer sector is predicted to account for the biggest revenue share. Hormone therapy is typically a successful first-line cancer treatment strategy. Alternatives to hormonal therapy include chemotherapies, radiopharmaceuticals, cancer vaccinations, and follow-up hormone therapies. Within a few months, cancerous cells develop resistance to these medications. As a result, over the course of the projected period, immunotherapies are expected to be extensively used for cancer treatment.
Major key players are Astellas Pharma, Eli lilly and Company, Glaxo smithkline, Abbott Laboratories, Abbvie, JOHNSON & JOHNSON SERVICES, INC., AstraZeneca, Merck, SANOFI, Pfizer inc, and other players.
KEY MARKET SEGMENTS:
By Disease Indication:
AR Directed Therapies
Benign Prostate Hyperplasia
5 Alpha Reductase
Over the counter
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Among the pioneers in the field of health care, North America was developing bladder supplements. The US market increase, which has a major impact on North America's prostate health market, can be attributed primarily to targeted population growth, high incidence of BPH, prostate cancer, prostatitis, and an increase in medical equipment. manufacturers. The expansion of this market is fueled by lucrative refund policies, high losses, strong health care infrastructure, research funding, and new releases.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2022||US$ 34.05 Billion|
|Market Size by 2030||US$ 66.86 Billion|
|CAGR||CAGR of 8.8% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Disease Indication (Prostate Cancer (AR Directed Therapies, Hormone ADT, Cytotoxic Agents, PARP Inhibitors), Benign Prostate Hyperplasia (Alpha Blockers, 5 Alpha Reductase), Prostatitis (Prescription, Over the counter)|
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Astellas Pharma, Eli lilly and Company, Glaxo smithkline, Abbott Laboratories, Abbvie, JOHNSON & JOHNSON SERVICES, INC., AstraZeneca, Merck, SANOFI, Pfizer inc, and other players.|
|Key Drivers||• Expanding obesity
• Grants, investments, and cash for BPH therapy research
• Increasing prostate cancer incidence
|Restraints||• The negative effects of BPH medicine|
Ans: The market value is expected to reach USD 66.86 billion by 2030.
Ans: The major players in the market are Astellas Pharma, Eli lilly and Company, Glaxo smithkline, Abbott Laboratories, Eli Lilly and Company, Abbvie, JOHNSON & JOHNSON SERVICES, INC., AstraZeneca, Merck, SANOFI, Pfizer inc, and others in the final report.
Men's knowledge of prostate health is lacking
Prostate health market recalls of products
Ans: The forecast period of the Prostate Health Market is 2023-2030.
Grants, investments, and cash for BPH therapy research
Increasing prostate cancer incidence
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
126.96.36.199 United Kingdom
188.8.131.52 South Korea
184.108.40.206 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Prostate health market Segmentation, By Disease Indication
8.1 Prostate Cancer
8.1.2 AR Directed Therapies
8.1.3 Hormone ADT
8.1.4 Cytotoxic Agents
8.1.5 PARP Inhibitors
8.2 Benign Prostate Hyperplasia
8.2.1 Alpha Blockers
8.2.2 5 Alpha Reductase
8.3.2 Over the counter
9. Regional Analysis
9.2 North America
9.3.6 The Netherlands
9.3.7 Rest of Europe
9.4.2 South Korea
9.4.6 Rest of Asia-Pacific
9.5 The Middle East & Africa
9.5.3 South Africa
9.6 Latin America
9.6.3 Rest of Latin America
10.1 Astellas Pharma
10.1.2 Products/ Services Offered
10.1.3 SWOT Analysis
10.1.4 The SNS view
10.2 Eli lilly and Company
10.3 Glaxo smithkline
10.4 Abbott Laboratories,
10.6 JOHNSON & JOHNSON SERVICES, INC.
10.10 Pfizer, inc.
11. Competitive Landscape
11.1 Competitive Benchmarking
11.2 Market Share Analysis
11.3 Recent Developments
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