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.
“Prostate Health market” research give industry status and trend report for forecast period of 2030 which offers a complete study on Prostate Health market, standing on the readers’ viewpoint, providing comprehensive market information and penetrating insights. No matter the client is industry insider, possible participant or stakeholder, the report will provide beneficial information and statistics. Prostate Health market research report presents a comprehensive overview, market shares, and growth opportunities of Prostate Health market by product type, application, key manufacturers and key regions and countries.
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The Prostate Health market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Prostate Health market.
Some Key Highlights
The AR-directeded therapies segment is expected to register a significant revenue growth rate over the forecast period. This therapy employs medications to pinpoint and target prostate cancer cells while causing minimal harm to healthy cells. This treatment reduces levels of male hormones, in the body, or stops them from fueling prostate cancer cell growth.
The pharmacy segment accounted for largest revenue share in 2021 owing to offering quick supplies without any delay or wait. Pharmacy stores are convenient and are also ideal options for emergencies, which is expected to drive revenue growth in this segment.
The North America market accounted for largest revenue share in 2021. This is due to rising prevalence of prostate cancer and benign prostate hyperplasia among men and growing awareness regarding prostate health in countries in the region.
The report further studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights about their achievements and financial standings.
Major Players/Manufacturers 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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Emergen Research has segmented the global prostate health market based on disease indication, treatment, distribution channel, and region:
Disease Indication Outlook (Revenue, USD Billion; 2019–2030)
Benign Prostate Hyperplasia
Treatment Outlook (Revenue, USD Billion; 2019–2030)
AR Directed Therapies
Distribution Channel Outlook (Revenue, USD Billion; 2019–2030)
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The readers in the section will understand how the Prostate Health Market scenario changed across the globe during the pandemic and post-pandemic. The study is done keeping in view the changes in aspects such as production, demand, consumption, and supply chain. The Market experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall market in the years to come.
Major Regions Covered in the Prostate Health Market Report:
Middle East & Africa
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Key questions answered in the report:
What will the market development pace of Prostate Health market?
What are the key factors driving the Global Prostate Health market?
Who are the key manufacturers in market space?
What are the market openings, market hazard and market outline of the market?
What are sales, revenue, and price analysis of top manufacturers of Prostate Health market?
Who are the distributors, traders, and dealers of Prostate Health market?
What are the Prostate Health market opportunities and threats faced by the vendors in the Global Prostate Health industries?
What are deals, income, and value examination by types and utilizations of the market?
What are deals, income, and value examination by areas of enterprises?
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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