The Prostate Health Industry: Understanding the Market and Its Potential
[Vancouver, Canada, 16-05-2023] – Emergen Research, a leading provider of market research solutions, is thrilled to announce the release of its highly anticipated collection of comprehensive market research content. This innovative offering aims to empower businesses across industries with valuable insights and data-driven strategies to drive growth and success.
In today’s competitive marketplace, staying ahead of the curve is essential for businesses of all sizes. Understanding consumer behavior, market trends, and emerging opportunities is crucial for making informed decisions and developing effective strategies. Emergen Research recognizes this need and has invested significant resources in developing a cutting-edge market research content library.
The newly launched Prostate Health market research content is meticulously crafted by industry experts, leveraging extensive data analysis, and a deep understanding of various markets. This rich collection includes in-depth reports, whitepapers, case studies, trend analyses, and industry insights covering a wide range of sectors, including but not limited to technology, healthcare, finance, consumer goods, and manufacturing.
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The global prostate health market size was USD 32.07 Billion in 2021 and is expected to register a revenue CAGR of 9.1% during the forecast period, according to the latest analysis by Emergen Research. Technological advancements in prostate health treatments and rising investments, funds, and grants for research in BPH treatment are factors projected to support market revenue growth between 2022 and 2030. For example, on 02 July 2019, as a part of the European Innovation Council pilot, ProArc received a USD 2.2 million grant from Horizon 2020 program. This will help in ProArc’s ClearRing BPH implant to be studied scientifically in greater detail and made available for purchase. In addition, rising prevalence of obesity across the globe, changes in endocrine function, oxidative stress, an uptick in inflammatory process, and increase in intra-abdominal pressure promote growth of BPH among men. Moreover, rising expenditures by governments of various countries to improve healthcare infrastructure and rising disposable income are factors driving revenue growth of the market.
Competitive Landscape:
The latest study provides an insightful analysis of the broad competitive landscape of the global Prostate Health market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report.
Pfizer Inc., Lilly, Bayer AG, Abbott, GSK plc., Merck KGaA, ProArc, Nucleai, Inc., Sanofi, and AbbVie Inc
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Market Segmentation:
The report bifurcates the Prostate Health market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
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Disease Indication Outlook (Revenue, USD Billion; 2019–2030)
- Prostate Cancer
- Prostatitis
- Alpha Blockers
- Benign Prostate Hyperplasia
- Others
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Treatment Outlook (Revenue, USD Billion; 2019–2030)
- Cytotoxic Agents
- Hormone ADT
- AR Directed Therapies
- PARP Inhibitors
- Others
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Distribution Channel Outlook (Revenue, USD Billion; 2019–2030)
- Pharmacy
- E-Commerce Stores
- Others
Our goal at Emergen Research is to empower businesses with the knowledge and insights necessary to make informed decisions and thrive in today’s dynamic business landscape. Our market research content is designed to equip professionals and organizations with comprehensive analyses, actionable recommendations, and a competitive edge to achieve their growth objectives.
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Global Prostate Health Market Highlights:
- Regional demand estimation and forecast
- Product Mix Matrix
- R&D Analysis
- Cost-Benefit Analysis
- Pre-commodity pricing volatility
- Supply chain optimization analysis
- Technological updates analysis
- Raw Material Sourcing Strategy
- Competitive Analysis
- Mergers & Acquisitions
- Location Quotients Analysis
- Carbon Footprint Analysis
- Patent Analysis
- Vendor Management
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