Pune, India -- (SBWIRE) -- 08/23/2018 -- The global prostate cancer therapeutics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of prostate cancer therapeutics market for global, Europe, North America, Asia Pacific and South America.

Market Analysis

The global prostate cancer therapeutics market is expected to growing at a CAGR of 12.5% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Key Developments in the Market:

In May 2018, Ferring Pharmaceuticals has done an agreement giving the company the option to secure global commercialisation rights to nadofaragene firadenovec/Syn3 (rAd-IFN/Syn3), a novel gene therapy that is being developed by FKD Therapies Oy (FKD) as a treatment for patients with high-grade non-muscle invasive bladder cancer (NMIBC), who are unresponsive to Bacillus Calmette-Guérin (BCG) therapy. This option is exercisable on marketing approval from the US FDA. This will create a new US oncology division with the specialist knowledge and presence to introduce novel advanced therapies to the market.

Major Market Drivers and Restraints:

- Innovative drugs driving the market
- Increase in research & development in oncology therapeutic area
- Developments in genomics & proteomics
- Adverse events of treatment
- Cost associated with the treatment
- Low success rate in clinical testing for oncology drugs

Market Segmentation:

- On the basis of drug type, the market is classified into hormonal therapy, luteinizing hormone-releasing hormone (LHRH) agonist, anti-androgens, immunotherapy, targeted therapy, and chemotherapy
- On the basis of distribution channel, the market is segmented into hospital pharmacies, retail pharmacies, and online pharmacies.
- Based on geography, the global prostate cancer therapeutics market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.

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Some of the major players

- Tolmar INC,
- Ferring Pharmaceuticals,
- Takeda pharmaceutical co. Ltd.,
- Teva Pharmaceutical Industries LTD,
- Sanofi-Aventis, Pfizer Inc,
- Johnson & Johnson,
- IPSEN,
- Endo Pharmaceuticals Inc (Indevus Pharmaceuticals Inc) ,
- Dendreon Corporation,
- Bristol-Myers Squibb,
- Astellas Pharma Inc,
- Astrazeneca Plc,
- Active Biotech,
- Abbott Laboratories,
- Bayer AG,
- Dendreon Corporation (Sanpower Group Co. Ltd.),
- AbbVie, Inc. among others.

Reasons to Purchase this Report

- Current and future of global prostate cancer therapeutics market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
- Regions/countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players

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