Urinary Tract Cancer Market Forecast Reaching $7.74 Billion by 2029 at 18.9% CAGR
Discover trends, market shifts, and competitive outlooks for the urinary tract cancer industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research
What Is the Current and Projected Market Size of the Urinary Tract Cancer Market Through 2034?
There has been a significant growth in the market size of urinary tract cancer in the past few years. The market is expected to expand from $3.21 billion in 2024, hitting $3.87 billion in 2025. This increase represents a Compound Annual Growth Rate (CAGR) of 20.6%. Factors contributing to the growth during the historic period include advancements in diagnostic technology, development of pharmaceuticals, heightened awareness leading to early detection, and precision medicine.
The market size for urinary tract cancer is predicted to witness a considerable expansion in the coming years, with an estimate of reaching $7.74 billion by 2029, moving at a compound annual growth rate (CAGR) of 18.9%. The surge in this projection period might be due to advancements in immunotherapy, telemedicine, remote monitoring, research on biomarkers, and adjuvant therapies. Significant trends in the anticipation period may contain worldwide collaboration, enhancements in palliative care, extensive programs for survivorship, and patient-focused care.
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Which Major Market Drivers Are Expected to Boost the Growth Potential of the Urinary Tract Cancer Market?
The urinary tract cancer market is set to witness significant growth due to the increasing incidence of bladder cancer. Bladder cancer, a type of cancer that forms in the tissues of the urinary bladder – an organ situated in the pelvis that holds urine generated by the kidneys – causes a rise in demand for diagnostic and screening methods, as well as treatments, for patients with urinary tract cancer. For instance, the American Cancer Society Inc., a US-based cancer awareness organization, suggested in a January 2023 report that the projected number of urinary system cancer occurrences rose to 168,560 in the year, marking a 2.66% increase from 164,190 incidences in 2022 in the US alone. As a result, the expanding occurrence of bladder cancer is expected to fuel the urinary tract cancer market’s growth.
The Urinary Tract Cancer Market is being propelled by the Rising Incidence of Urinary Tract Infections
Which Key Market Segments Comprise the Urinary Tract Cancer Market and Drive Its Revenue Growth?
The urinary tract cancer market covered in this report is segmented –
1) By Cancer Type: Bladder Cancer, Urethral Cancer, Ureteric And Renal Pelvic Cancer
2) By Treatment: Chemotherapy, Intravesical Therapy, Radiation Therapy, Surgery
3) By Diagnostic Techniques: Cystoscopy, Transurethral Resection Of The Tumor, Imaging Tests, Urine Analyses, Other Diagnostic Techniques
4) By Distribution Channel: Retail Pharmacy, Online Pharmacy
Subsegments:
1) By Bladder Cancer: Transitional Cell Carcinoma, Squamous Cell Carcinoma, Adenocarcinoma, Other Types
2) By Urethral Cancer: Urethral Carcinoma, Other Urethral Tumors
3) By Ureteric And Renal Pelvic Cancer: Ureteric Cancer, Renal Pelvic Cancer, Other Types
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Which Areas Are Leading Regions in the Urinary Tract Cancer Market Expansion Across the Globe?
North America was the largest region in the urinary tract cancer market in 2024. The regions covered in urinary tract cancer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What Are the Key Market Trends in theUrinary Tract Cancer Market Over the Coming Years?
Several dominant organizations in the urinary tract cancer market are shifting their attention towards improving treatment methods with an aim to offer more efficient and customized solutions and thereby, gain a superior market standing. These enhanced techniques in urinary tract cancer treatment focus on precision, utilizing the body’s immunity, bettering surgical approaches and adapting treatments to fit the specific requirements of individual patients. For instance, in October 2022, an American healthcare system, UC San Diego Health, launched an innovative treatment for patients suffering from low-grade upper tract urothelial cancer (LG-UTUC), a slightly rare form of urinary system cancer. This sophisticated treatment serves as an alternative approach to the traditional practice of complete kidney removal, possibly saving patients from future needs of dialysis or kidney transplants. The novel therapy involves the delivery of a drug named Jelmyto through a number of injections consisting of mitomycin, a popular chemotherapy agent, blended with a sterile hydrogel. The delivery of this medicine is facilitated through guided injections, making it possible for precision targeting of the tumor within the urinary system.
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How Is the Urinary Tract Cancer Market Conceptually Defined?
Urinary tract cancer refers to malignancies that develop in the kidneys, bladder, ureters, or urethra, often causing symptoms like blood in the urine and pain. The preventive steps such as stopping smoking, avoiding hazardous substances and promptly treating urine infections may help minimize the risk of getting urinary tract cancer.
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