What is Bladder Cancer Therapeutics Market?
Bladder cancer is the rapid, uncontrolled growth of abnormal cells in the urinary bladder, which is lined with epithelial cells. These cancer cells can even spread through the lining into the muscle wall of the bladder. At present, there are various therapies for the purpose of treating bladder cancer that has emerged which, in turn, are generating high demand for the bladder cancer therapeutics market. These cancer cells can even spread through the lining into the muscle wall of the bladder. Various therapies for treating bladder cancer have been developed, which in turn are generating high demand for the bladder cancer therapeutics market. Spending on higher services, including labor and productivity costs (in the biopharmaceutical industry), is also one of the main drivers of healthcare costs. In addition, the growing research for developing innovative bladder cancer therapies and the availability of pipeline therapeutics are also fueling the growth of the market. In addition, increasing awareness of bladder cancer and its available therapies, as well as increasing smoke and tobacco consumption, are driving the market.
Highlights from Bladder Cancer Therapeutics Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | AstraZeneca PLC (United Kingdom), Bristol-Myers Squibb Company (United States), Eli Lilly and Company (United States), F. Hoffmann-La Roche Ltd (Switzerland), GlaxoSmithKline PLC (United Kingdom), Novartis International AG (Switzerland), Pfizer Inc. (United States), Sanofi SA (France), Endo Pharmaceuticals Inc. (Ireland) and Johnson & Johnson (Janssen Pharmaceutical) (United States) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that European Players will contribute to the maximum growth of Global Bladder Cancer Therapeutics market throughout the forecasted period.
AstraZeneca PLC (United Kingdom), Bristol-Myers Squibb Company (United States), Eli Lilly and Company (United States), F. Hoffmann-La Roche Ltd (Switzerland), GlaxoSmithKline PLC (United Kingdom), Novartis International AG (Switzerland), Pfizer Inc. (United States), Sanofi SA (France), Endo Pharmaceuticals Inc. (Ireland) and Johnson & Johnson (Janssen Pharmaceutical) (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Celgene Corporation (U.S.) and AVI Biopharma Inc. (United States). Bladder Cancer Therapeutics Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Hospitals, Specialty Clinics and Others |
Type | Surgery, Chemotherapy, Immunotherapy and Radiation Therapy |
Tests Type | Cystoscopy,Biopsy,Urinalysis,Urine Cytology,Bladder Ultrasound |
Cancer Type | Transitional Cell Bladder Cancer,Invasive Bladder Cancer,Superficial Bladder Cancer,Squamous Cell Bladder Cancer |
On the basis of geography, the market of Bladder Cancer Therapeutics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Influence of Targeted Biologics and Introduction of Novel Drugs
Market Growth Drivers:
Rise in Awareness about Cancer Therapies among People, Increasing Health Care Expenditure and Advanced Health Care Services
Challenges:
Asymptomatic Nature of the Disease
Restraints:
The High Costs of Bladder Cancer Therapies
Opportunities:
Acceptance of Effective Diagnostic Tools and Technological Developments and Innovative Treatments
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Providers of Bladder Cancer Therapeutics, Venture Capitalists and Private Equity Firms and End-Use Industry
Market Leaders & Development Strategies
in 2019, AstraZeneca and Daiichi Sankyo entered into a global collaboration to develop and commercialize a novel HER2-targeting antibody-drug conjugate for the treatment of HER2-expressing cancers, including bladder cancer.
On January 7, 2020, Pfizer and Merck KGaA jointly announced that the US FDA had thereby approved the PD-L1 inhibitor Bavencio. They also stated that this evaluates positive data from an interim analysis of a phase III study and will soon show better results in patients with advanced/metastatic urothelial cancer, a form of bladder cancer.
In the United States, the regulatory body responsible for the approval and oversight of drugs is the Food and Drug Administration (FDA). The FDA reviews new drug applications and clinical trial data to determine the safety and effectiveness of drugs for treating bladder cancer and other conditions.