Prostate Cancer Therapeutics Market Scope and Analysis Report by 2030
Prostate Cancer Therapeutics Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 14,767.73 Million |
Market Size by 2030 | US$ 28,425.27 Million |
Global CAGR (2022 - 2030) | 8.5% |
Historical Data | 2020-2022 |
Forecast period | 2022-2030 |
Segments Covered |
By Therapy Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Industry Developments and Future Opportunities:
Various initiatives by key players operating in the prostate cancer therapeutics market are listed below:
- In March 2022, the US FDA approved Novartis’s Pluvicto (lutetium Lu 177 vipivotide tetraxetan) for treating adult patients with a type of advanced prostate cancer called prostate-specific membrane antigen-positive metastatic castration-resistant prostate cancer (PSMA-positive mCRPC).
- In April 2023, the FDA granted Lantheus Holdings Inc and POINT Biopharma Global Inc fast track designation for 177Lu-PNT2002 for treating metastatic castration-resistant prostate cancer (mCRPC). PNT2002 is an innovative PSMA-targeted 177Lu-based radiopharmaceutical therapy that combines PSMA-targeted ligand, PSMA-I&T, and beta-emitting radioisotope no-carrier-added 177Lu for treating mCRPC.
Competitive Landscape and Key Companies:
Astella Pharma Inc, Johnson & Johnson Services Inc, Eli Lilly and Company, Bayer AG, Sanofi, Merck KGaA, AstraZeneca, Novartis AG, AbbVie, and Bristol Myers Squibb are among the prominent players operating in the prostate cancer therapeutics market. These market players focus on new product launches and geographic expansions to fulfill the growing consumer demand worldwide and increase their product range in specialty portfolios. Their global presence allows them to serve a large base of customers, subsequently facilitating market expansion.