High Prevalence of Adenocarcinoma Enables Growth in Prostate Cancer Treatment Market – Fact.MR Exclusive Study

250 Pages Prostate Cancer Treatment Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

According to Fact MR’s recent market research, sales of Prostate Cancer Treatment to swell at propelled CAGR through 2031, as investment towards expansion of healthcare infrastructure continues rising. The goal of the survey is uncover growth opportunities, key trends, growth drivers, and challenges. It also provides recommendations to assist businesses in preparing for unforeseen challenges.

Focus on improving overall patient care will remain a chief growth driver. Besides this, Prostate Cancer Treatment market will continue gaining from increasing willingness among patients and families to spend on advanced healthcare.

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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Prostate Cancer Treatment market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Prostate Cancer Treatment

According to Fact.MR, the global market for Prostate Cancer Treatment was valued at around US$ 3 Bn in 2020 and is projected to expand at a staggering CAGR of over 10% through 2031. The market is expected to surpass a staggering value of US$ 8 Bn by 2031.

The report offers actionable and valuable market insights of Prostate Cancer Treatment. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Prostate Cancer Treatment Market across various industries and regions

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Key Segments Covered

  • Test Type

    • PSA Prostate Cancer Diagnostic Tests
    • PCA3 Prostate Cancer Diagnostic Test
    • CTC  Prostate Cancer Diagnostic Tests
    • Immunohistochemistry Prostate Cancer Diagnostic Test
  • By End User

    • Prostate Cancer Diagnostics in Hospitals
    • Prostate Cancer Diagnostics in Independent Diagnostic Laboratories
    • Prostate Cancer Diagnostics in Cancer Research Institutes
    • Prostate Cancer Diagnostics in Other Settings

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Key Takeaway from the Market Study

  • By test type, PSA tests likely to surpass US$ 270 Mn in value by 2021-end
  • Demand for PCA-3 tests to soar, expected to exceed a valuation of US$ 284 Mn by 2031
  • CTC tests acquiring popularity, poised to surpass US$ 141 Mn by 2021-end
  • Diagnostic tests across hospitals and research institutes to collectively expand at 15% CAGR
  • U.S to emerge as an opportunistic market, registering a CAGR of around 9%
  • China to generate 40% demand for prostate cancer diagnostics across East Asia

“Changing lifestyles, awareness regarding prostate cancer and use of artificial intelligence for prostate cancer diagnostics are expected to uplift demand for prostate cancer diagnostics in coming years.” comments the Fact.MR analyst.

Competitive Landscape

Prominent prostate cancer diagnostics providers include Abbott Laboratories, AstraZeneca Plc., Danaher Corporation, Vyant Bio Inc., Biocept Inc., Becton Dickinson & Company, Agilent Technologies and Myriad Genetics Inc. to name a few.

  • In June 2021, Biocept Inc. was awarded a South Korean patent for its Primer-Switch technology, which detects rare mutations in circulating tumor DNA (ctDNA) using RT-PCR. This patent is titled Methods for Detecting Nucleic Acid Sequence Variants
  • Likewise, in March 2021, Myriad Genetics joined forces with Intermountain Precision Genomics for a comprehensive offering of germline and somatic tumor testing services for detecting advanced hereditary cancers, including prostate cancer

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Report Benefits & Key Questions Answered

  • Prostate Cancer Treatment Category and segment level analysis: Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.
  • Prostate Cancer Treatment Historical volume analysis: The report provides a comparison of Prostate Cancer Treatment’s historical sales and projected sales performance for 2021-2031.
  • Prostate Cancer Treatment Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the Prostate Cancer Treatment market. It carefully gauges the impact of changing healthcare needs of key demographics globally
  • Prostate Cancer Treatment Consumption by demographics: The report investigates consumer behavior affecting Prostate Cancer Treatment demand outlook for the assessment period. Effect of their keenness for digital trends on Prostate Cancer Treatment market is carefully analyzed
  • Post COVID consumer spending on Prostate Cancer Treatment: Healthcare industry has been largely influenced by COVID-19 pandemic. The Fact MR Market survey analyzed consumer spending post COVID-19. It assesses how current trends that will influence expenditure on healthcare services, thus affecting Prostate Cancer Treatment market growth.

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More Valuable Insights on Prostate Cancer Treatment Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Prostate Cancer Treatment, Sales and Demand of Prostate Cancer Treatment, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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