Global Prostate Health Market Forecast to 2030
Emergen Research has recently added a new report titled Global Prostate Health Market that provides an extensive analysis of the Prostate Health market and industry overview with regards to market size, market share, revenue growth, key companies, current and emerging market trends, recent technological and product developments, and a comprehensive analysis of the impact of COVID-19 pandemic on the growth of the Prostate Health market. The report aims to offer a clear understanding of the market with respect to the manufacturers, suppliers, vendors, distributors, and key companies involved in the market. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals. The key findings from the report have been sorted into charts, figures, tables, and other pictorial representations.
The global prostate health market size was USD 32.07 Billion in 2021 and is expected to register a revenue CAGR of 9.1% during the forecast period, according to the latest analysis by Emergen Research. Technological advancements in prostate health treatments and rising investments, funds, and grants for research in BPH treatment are factors projected to support market revenue growth between 2022 and 2030. For example, on 02 July 2019, as a part of the European Innovation Council pilot, ProArc received a USD 2.2 million grant from Horizon 2020 program. This will help in ProArc’s ClearRing BPH implant to be studied scientifically in greater detail and made available for purchase. In addition, rising prevalence of obesity across the globe, changes in endocrine function, oxidative stress, an uptick in inflammatory process, and increase in intra-abdominal pressure promote growth of BPH among men. Moreover, rising expenditures by governments of various countries to improve healthcare infrastructure and rising disposable income are factors driving revenue growth of the market.
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Research Report on the Prostate Health Market Addresses the Following Key Questions:
- Who are the dominant players of the Prostate Health market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Prostate Health market?
- What are the key growth drivers and restraining factors of the Prostate Health market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Prostate Health market and its key segments?
Market Overview:
The report bifurcates the Prostate Health market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
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Disease Indication Outlook (Revenue, USD Billion; 2019–2030)
- Prostate Cancer
- Prostatitis
- Alpha Blockers
- Benign Prostate Hyperplasia
- Others
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Treatment Outlook (Revenue, USD Billion; 2019–2030)
- Cytotoxic Agents
- Hormone ADT
- AR Directed Therapies
- PARP Inhibitors
- Others
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Distribution Channel Outlook (Revenue, USD Billion; 2019–2030)
- Pharmacy
- E-Commerce Stores
- Others
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Regional Landscape section of the Prostate Health report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Prostate Health market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
Pfizer Inc., Lilly, Bayer AG, Abbott, GSK plc., Merck KGaA, ProArc, Nucleai, Inc., Sanofi, and AbbVie Inc
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