Global Urothelial Cancer Drugs Market
Pharmaceuticals

What Will The Urothelial Cancer Drugs Market Look Like In 2023?

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s urothelial cancer drugs market report forecasts the urothelial cancer drugs market size to grow to $4.80 Billion by 2027, with a CAGR (compound annual growth rate) of more than 19%.

Learn More On The Urothelial Cancer Drugs Market Report 2023 – https://www.thebusinessresearchcompany.com/report/urothelial-cancer-drugs-global-market-report

Urothelial Cancer Drugs Market Size Forecast
The global urothelial cancer drugs market is expected to grow from $1.91 billion in 2022 to $2.33 billion in 2023 at a compound annual growth rate (CAGR) of 21.98%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The urothelial cancer drugs market size is expected to reach $4.80 billion in 2027 at a CAGR of 19.81%.

North America held the largest urothelial cancer drugs market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Urothelial Cancer Drugs Market Driver ­– Rise In The Prevalence Of Urothelial Cancer
For instance, in February 2022, according to the American Society of Clinical Oncology, a US-based professional organization, the total number of people diagnosed with bladder cancer was 573,278 and 212,536 people died from bladder cancer in 2020 across the globe. Thus, the rising prevalence of urothelial cancer will drive the urothelial cancer drug market.

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Key Urothelial Cancer Drugs Market Trend – Adopting Novel Combination Therapies
Combination therapy combines two or more therapeutic agents for the treatment. Major players are concentrating on creating combination therapies to sustain their position in the urothelial cancer drug market. Combining immunotherapy with targeted drugs is an appealing treatment to reduce the emergence of resistance and improve response in cancer management. For instance, in July 2022, the United States Food and Drug Administration, a US-based federal agency of the Department of Health and Human Services, accepted the biologics license application (BLA) for an IL-15 superagonist, ImmunityBio’s N-803 in combination with Bacillus Calmette-Guerin (BCG) vaccine for bladder cancer. N-803 in combination with BCG would be the first immunotherapy combination that can be delivered directly to induce natural killer cells and T cells in the bladder.

Urothelial Cancer Drugs Market Segment
1) By Type: Urothelial Carcinoma, Squamous Cell Carcinoma, Adenocarcinoma
2) By Treatment: Immunotherapy, Chemotherapy, Preservation Therapy
3) By Distribution Channel: Hospital Pharmacies, Specialty Clinics, Cancer Institutes, Ambulatory Surgical Centers

Urothelial Cancer Drugs Market Major Players and Strategies
Major players in the urothelial cancer drugs market are F Hoffmann La Roche AG, The Bristol-Myers Squibb Company, Merck & Co Inc., Pfizer Inc., Genentech Inc., GSK PLC., UroGen Pharma Inc., Johnson & Johnson, Astellas Pharma Inc., Sesen Bio Inc., Gilead Sciences Inc., Seagen Inc., Eisai Co Ltd., and Agensys Inc.

The Urothelial Cancer Drugs Global Market Report 2023 covers regional data on urothelial cancer drugs market size, urothelial cancer drugs market trends and drivers, opportunities, strategies, and urothelial cancer drugs market competitor analysis. The countries covered in the urothelial cancer drugs market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Urothelial cancer drugs refer to medicines and therapies that treat cancer associated with urothelial cells that line the urethra, bladder, ureters, and renal pelvis. These are used to kill tumour cells and provide non-vesical chemotherapy. The urothelial cancer drug is used to prevent and treat urothelial cancer.

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