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Prostate Cancer - Global Drug Forecasts and Treatment Analysis to 2020 - Q4 2010
Prostate Cancer - Global Drug Forecasts and Treatment Analysis to 2020 - Q4 2010
The Prostate Cancer Therapeutics Market was Driven by the Growth in Patient Volume and Annual Cost of Hormone-refractory Prostate Cancer Therapy
Hyderabad,
AP,
India
(prbd.net)
02/11/2010
GlobalData analysis finds that the global prostate cancer therapeutics market is attractive and is primarily driven by the growth in the hormone-refractory prostate cancer therapeutics market. The growth in the number of total patients receiving treatment and increase in the annual cost of hormone-refractory prostate cancer therapy is expected to offset the impact of generic erosion in hormone-dependent prostate cancer therapy. The patient volume was driven by growth in treatment usage patterns such as diseased population, treatment seeking population, diagnosis population and prescription
population. The annual cost of prostate cancer therapy was driven by the launch of new therapies such as Taxotere (docetaxel), Provenge (sipuleucel-T) and Jevtana (cabazitaxel).
Hormone therapy using combination of hormone therapies such as LHRH agonists and androgen receptor antagonists is a prominent treatment regime. Taxotere is the current standard of care for patients that stop responding to hormone therapy. The introduction of new therapies for metastatic prostate cancer is expected to expand the market further.
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In 2009, the US was the leading market in the global prostate cancer therapeutics market with an estimated market share of approximately 60%. Germany was the second leading market with an approximate market share of 13% followed by France with approximate market share of 7%.
In 2009, Taxotere was the leading drug with approximate sales worth $820.5m and a market share of 29%. Casodex (bicalutamide) and Zoladex (goserelin) were the most used hormone therapies and together accounted for approximately 30% of the total prostate cancer therapeutics market. The impact of generic competition for Casodex in 2008 and Taxotere in 2011 is expected to partially offset the growth in
revenue due to new product launched in the forecast period 2009 to 2020.
GlobalData, the industry analysis specialist, has released its new report, “Prostate Cancer - Global Drug Forecasts and Treatment Analysis to 2020 - Q4 2010”. The report is an essential source of information and analysis on the global prostate cancer therapeutics market. The report provides comprehensive information on prostate cancer, highlighting the treatment guidelines. It identifies and analyses the key trends shaping and driving the global prostate cancer therapeutics market. It analyses the treatment usage patterns in the global prostate cancer therapeutics market. The report also provides insights into the competitive landscape and the emerging players expected to significantly alter the positions of the existing market leaders. The report provides valuable insights into the pipeline products within the global prostate cancer sector. It quantifies the unmet need in the global prostate cancer therapeutics market as well as in the individual markets such as the US and the top five countries in Europe, highlighting the opportunity for future players.
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http://www.globaldata.com/reportstore/Report.aspx?ID=Prostate-Cancer--Global-Drug-Forecasts-and-Treatment-Analysis-to-2020--Q4-2010&ReportType=Industry_Report&coreindustry=Industry_Report&Title=Pharmaceuticals_and_HealthcaRe
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