Overview Of The Urothelial Cancer Drugs Market 2023-2032: Growth And Major Players Analysis
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 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 urothelial cancer drugs market size is expected to reach $4.80 billion in 2027 at a CAGR of 19.81%.
North America was the largest region in the urothelial cancer drugs market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period.
Urothelial Cancer Drugs Market Driver
The increased prevalence of urothelial cancer is projected to move the urothelial cancer medication market forward in the coming years. Urothelial cancer is linked to urothelial cells, which line the urethra, bladder, ureters, renal pelvis, and other organs. To reduce deaths, the increased prevalence of urothelial cancer necessitates the development of innovative urothelial cancer medications and therapies. According to the American Society of Clinical Oncology, a professional organisation based in the United States, the total number of persons diagnosed with bladder cancer in February 2022 was 573,278 and 212,536 people died from bladder cancer globally in 2020. As a result, the urothelial cancer medication market will be driven by the increased prevalence of the disease.
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Prominent Urothelial Cancer Drugs Market Trend
The primary trends gaining traction in the urothelial cancer medication market include novel combination therapy. Combination therapy is a treatment that combines two or more therapeutic substances. To maintain their position in the urothelial cancer treatment market, major firms are focusing on developing combination medicines. Combining immunotherapy with targeted medications is a promising treatment option for reducing resistance and improving response in cancer management. For example, in July 2022, the United States Food and Drug Administration, a federal agency of the Department of Health and Human Services based in the United States, accepted a biologics licence application (BLA) for an IL-15 superagonist, ImmunityBio’s N-803 in combination with the Bacillus Calmette-Guerin (BCG) vaccine for bladder cancer. N-803 in combination with BCG would be the first immunotherapy combo that could be given directly to the bladder to generate natural killer cells and T cells.
Urothelial Cancer Drugs Market Prominent Players
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.
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Key Urothelial Cancer Drugs Market Segments
The global urothelial cancer drugs market is segmented –
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
The Urothelial Cancer Drugs Global Market Report 2023 provides a comprehensive overview on the urothelial cancer drugs market size, trends and drivers, opportunities, strategies, and companies 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.
View More Related Reports –
Drugs For Immunotherapy Global Market Report 2023
Cancer Biologics Global Market Report 2023
Cancer Diagnostics Global Market Report 2023
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