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MarketsandMarkets: Global Prostate Cancer Therapeutics Market worth $6,457 Million by 2020
Date:11/17/2011

0 and it is expected to reach $6,457 million, by 2020. It is estimated that the market will grow at a CAGR of 11.4% and 6.8% from 2010 to 2015 and 2015 to 2020 respectively. By therapy, hormonal therapy is dominating the global prostate cancer drugs market with 66% market share in 2010 and expected to account for 53% market share in 2020. However, by 2020, immunotherapy and targeted therapy will significantly gain market share due to advantages such as increase in the overall survival and progression free survival with benign side effects profile.

In 2010, Europe dominated the global prostate cancer drug market by accounting to 43% market share; followed by Europe is North America with the share of 42%.

The major players in the market as of 2010 include AstraZeneca PLC (U.K.), Sanofi-Aventis (France), Ipsen (France), Tolmar Inc (U.S.), Abbott (U.S.), Astellas Pharma Inc (Japan), Indevus Pharmaceuticals Inc (U.S.), Dendreon Corporation (U.S.), and Ferring Pharmaceuticals (Switzerland).

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