The bladder cancer market is expected to grow at CAGR of approximately 4.6% to reach USD 7.63 Billion in the forecast period 2022-2030
The bladder cancer market is expected to grow at CAGR of 4.6% to reach USD 7.63 billion during the forecast period, 2022–2030. The bladder is an organ present in the lower abdomen region near the pelvis. The main function of the bladder is temporary storage of the urine drained from the kidneys. The tube that connects and transfers the urine from the kidney to the bladder is known as ureters. Bladder cancer is one of the most frequently diagnosed cancers and is ranked 9th as per the prevalence rate. This condition is more prevalent in men as compared to women, yet it varies in different countries.
Bladder cancer is known to be a urologic malignancy that occurs in the tissues of the urinary bladder. It is generally characterized by the uncontrolled division of cells arising from the epithelial lining and may proliferate to the muscular wall of the urinary bladder. The exact causes of bladder cancer are still unknown.
Conversely, some of the risk factors include chronic bladder infection, continuous exposure to radiation, tobacco consumption, and excessive smoking. This condition can affect any age group. However, it is more prevalent in adults aged over 50 years. Moreover, the witnessed global trends show that smoking tobacco is the most prevalent cause of bladder cancer.
The increasing bladder cancer cases, technological developments, drug innovations about the bladder cancer, government initiatives, rise in aging population, advanced health care services, the upsurge in awareness about bladder diseases and their available therapies in the market, and increasing health care expenditure are likely to drive the bladder cancer market globally.
However, the rise in the number of drug patent expirations, the rise in the use of generic drugs, asymptomatic nature of the disease, high costs of therapies, and inaccurate and unaffordable diagnosis may restrain the growth of the market. Moreover, factors such as increasing awareness about bladder cancer, progressive health care services with growing health care expenditure, acceptance of effective diagnostic tools, and rising influence of targeted biologics are expected to propel the global bladder cancer market.
Some major players in the global bladder cancer market include AstraZeneca Plc. (U.K.), Bristol-Myers Squibb Company (U.S.), Celgene Corporation (U.S.), Eli Lilly and Company (U.S.), F. Hoffmann-La Roche AG (Switzerland), GlaxoSmithKline Plc. (U.S.), Novartis International AG (Switzerland), Pfizer Inc. (U.S.), Sanofi S.A. (France), Merck & Co. Inc. (U.S.), Accord Healthcare (U.S.), Bedford Lab (U.S.), and others.
The global bladder cancer market is segmented on the basis of type, treatment, diagnosis, and end-user.
On the basis of type, the global bladder cancer market is segmented into transitional cell bladder cancer, invasive bladder cancer, superficial bladder cancer, squamous cell bladder cancer, adenocarcinoma, and others.
On the basis of treatment, the global bladder cancer market is classified into chemotherapy, immunotherapy, radiation therapy, surgery, and others. Chemotherapy is classified into Valstar (valrubicin), Javlor (vinflunine ditartrate), Mitomycin C, Gemcitabine and cisplatin chemotherapy (GemCis), and others.
On the basis of diagnosis, the global bladder cancer market is classified into urine lab tests, cystoscopy, biopsy, imaging tests, and others. The urine lab tests are classified into urinalysis, urine cytology, urine culture, and urine tumor marker test. The imaging test is further divided into Intravenous Pyelogram (IVP), Computed Tomography (CT) scan, Magnetic Resonance Imaging (MRI) scan, and bladder ultrasound.
On the basis of end-user, the global bladder cancer market is classified into, hospitals, clinics, cancer care centers, and others.
The global bladder cancer market consists of four regions, namely, America, Europe, Asia Pacific, and the Middle East and Africa.
Americas dominated the global bladder cancer market owing to the increase in the occurrence of bladder cancer, innovative healthcare solutions, advanced health care infrastructure, and increasing concern about bladder problems. Although, the bladder cancer market in the U.S. is growing at a slow pace than other regions, this country will continue to dominate the market over the forecast period due to factors such as the growing focus of vendors to develop targeted therapies and the presence of major vendors such as Merck & Co. Inc. and Pfizer Inc.
Europe accounts for the second largest share of the market due to the availability of better healthcare solutions and rise in bladder cancer cases in the region. The Asia Pacific bladder cancer market is predicted to expand at a high growth rate due to the growing awareness about bladder diseases and innovative diagnostic and treatment options. Major players are investing in the developing countries in Asia as it is considered to be a lucrative market for bladder cancer, thus leading to market growth.
|Market Size||USD 7.63 Billion|
|Forecast Units||Value (USD Billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Type, Treatment, Diagnosis and End-User|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||AstraZeneca Plc. (U.K.), Bristol-Myers Squibb Company (U.S.), Celgene Corporation (U.S.), Eli Lilly and Company (U.S.), F. Hoffmann-La Roche AG (Switzerland), GlaxoSmithKline Plc. (U.S.), Novartis International AG (Switzerland), Pfizer Inc. (U.S.), Sanofi S.A. (France), Merck & Co. Inc. (U.S.), Accord Healthcare (U.S.), Bedford Lab (U.S.)|
|Key Market Opportunities||Rising influence of targeted biologics|
|Key Market Drivers||
The Global Bladder Cancer Market is studied from 2022- 2030.
Pfizer (US), Novartis AG (Switzerland), Oncogenex (US), Astellas (Japan), Eli Lilly and Company (US), AstraZeneca (UK), F. Hoffmann-La Roche (Switzerland), GlaxoSmithKline (UK), Accord Healthcare, Inc. (India), and Bristol-Myers Squibb company (US) are the major companies operating in Global Bladder Cancer Market.
Bladder Cancer Market is projected to grow at a CAGR of 4.6% from 2022 to 2030.
Increasing bladder cancer cases, technological developments, drug innovations about the bladder cancer, government initiatives, rise in aging population the growth in Bladder Cancers.