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The global prostate health market was valued at USD 34.84 billion in 2022, increasing at a CAGR of 9.02% from 2023 to 2032 and anticipated to reach USD 82.64 billion by 2032. Asia Pacific is expected to grow the fastest during the forecast period.
Prostate cancer is the most common cancer among the geriatric male population. It is a primary health concern, especially in developed countries, with a more significant proportion of elderly men being impacted by it. The prostate is a small gland in men that assists in making semen. Located just below the bladder in front of the rectum, it wraps around the tube that carries urine & semen out of the body. Metastatic castration-resistant prostate cancer (CRPC) is usually treated with chemotherapy (docetaxel & cabazitaxel) or secondary hormonal therapeutic agents such as Triptorelin or abiraterone. Prostate cancer develops slowly and is initially confined to the prostate gland & can spread to other parts of the body, especially to the bones & lymph nodes. A method in which a probe that is about the size of a finger is inserted into the rectum to check the prostate.
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For example, on 22 March 2022, Nucleai Company, an artificial intelligence-powered spatial biology firm and provider of the first multi-omic tissue segmentation platform for digital pathology, announced the launch of Prostate Health, a new product that uses artificial intelligence and machine learning to improve prostate cancer detection.
For example, in January 2021, Myovant company announced its partnership with Pfizer to introduce its drug Orgovyx (relugolix).
The rising demand for hormone therapy drugs: The favorable reimbursement policies, rapid growth in the availability of biomarker testing, and an increasing number of trained surgeons are also helping to drive the market growth. Further, a growing focus on patient-centered care and personalized medicine, the rise in the number of cancer institutes and cancer centers worldwide, and an increased number of clinical trials for prostate cancer treatments are expected to propel the market growth over the forecast period. Additionally, the rising incidence of target diseases and the availability of long-acting high products are pushing the market growth during the forecast period.
The adverse effects of prostate cancer therapeutics: The complications and side effects related to treatments and the adverse effects involved with prostate cancer therapeutics are restraining factors of market growth. Prostate cancer and its therapies, such as radiation, surgery, and hormone therapy, can cause erectile dysfunction. These factors are hampering the market growth during the forecast period. Further, the high cost associated with the treatment and less success rate in clinical trials for oncology drugs are inhibiting the market growth over the forecast period. Additionally, the limited availability of clinical trial data on the safety and efficacy of new therapies can make it difficult for physicians to make informed treatment decisions, inhibiting market growth.
The new treatment therapy and technique for prostate cancer: The rapid growth in the availability of biomarker testing is one of the driving factors of the market growth. Furthermore, increasing healthcare expenditure capacities of individuals, along with significant improvements in the healthcare infrastructure, especially in developing countries, are propelling the market growth. Also, the initial developments offered by the developing nations are expected to push market growth. Moreover, the rising awareness about prostate health and the procedures by various organizations are helping to stimulate market growth. Furthermore, increasing awareness of online pharmacies and ever-increasing preference for online drug purchasing over traditional methods are expected to propel market growth.
The regions analyzed for the market include Europe, South America, Asia Pacific, North America, the Middle East, and Africa. North America emerged as the largest global prostate health market, with a 35.43% market revenue share in 2022. North America dominates the prostate health market due to its high disposable income and well-developed healthcare infrastructure. Further, a rising number of trained surgeons, a rise in different urological disorders and complications, growing awareness regarding prostate health, and favorable reimbursement policies are helping to drive market growth in this region. Asia Pacific is expected to grow the fastest during the forecast period due to the increasing patient pool. Further, rising investment in the healthcare sector inflates progress, raising the number of public awareness programs, increasing urological disease burden, and flourishing per capita income & spending capability are helping to propel the market growth during the forecast period in this region.
North America Region Prostate Health Market Share in 2022 - 35.43%
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The distribution channel segment is divided into e-commerce stores, pharmacies, and others. The e-commerce stores segment dominated, with a market share of 41.05% in 2022. This growth is attributed to technological awareness among consumers. Further, by 2032, the pharmacy segment will likely dominate the market due to the increased awareness about physicians.
The disease indication segment is divided into benign prostate hyperplasia (BPH), prostate cancer, alpha-blockers, and prostatitis. In 2022, the prostate cancer segment dominated the market with 32.12% and a revenue of 11.19 billion. This growth is attributed to the presence of a strong pipeline & government support for innovation. Additionally, the rapid technological advancements in the oncology field and a significant increase in investment by the private & public sectors for R&D activities are also helping to boost the segment’s market growth. However, prostate cancer is a disorder in which malignant (cancer) cells form in the tissues of the prostate. Signs of prostate cancer contain a weak flow of urine or frequent urination. Further, by 2032, the benign prostate hyperplasia (BPH) segment will likely dominate the market due to the increasing funds, investments, and grants for researching new treatments. Moreover, the rising elderly and obese population, growing awareness among the general public about the available treatment options, and the availability of research funding are also helping to boost the segment’s market growth.
The treatment segment is divided into radiation therapy, hormone ADT, AR-directed therapies, cytotoxic agents, and therapeutics. In 2022, the therapeutics segment dominated the market with 28.19% and a revenue of 9.82 billion. This growth is attributed to the strong need for prostate cancer therapeutic products. Further, by 2032, the radiation therapy segment will likely dominate the market due to the increasing incidence and prevalence of cancer and the technological advancements in the field of radiotherapy. However, hormonal therapy includes drugs majorly acting as luteinizing hormone-releasing hormone (LHRH) antagonists and anti-androgen.
Report Description:
| Attribute | Description |
|---|---|
| Market Size | Revenue (USD Billion) |
| Market size value in 2022 | USD 34.84 Billion |
| Market size value in 2032 | USD 82.64 Billion |
| CAGR (2023 to 2032) | 9.02% |
| Historical data | 2019-2021 |
| Base Year | 2022 |
| Forecast | 2023-2032 |
| Regional Segments | The key regions are North America, South America, Europe, Asia Pacific, and Middle East & Africa. |
| Segments | Key Segments are distribution channel, disease indication, treatment, regions |
North America region emerged as the largest market for prostate health.
The market's growth will be influenced by the rising demand for hormone therapy drugs.
The high cost of treatment could hamper the market growth.
The new treatment therapy and technique for prostate cancer will provide huge opportunities to the market.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Distribution Channel
4.3.2. Market Attractiveness Analysis By Disease Indication
4.3.3. Market Attractiveness Analysis By Treatment
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. The increasing prevalence of benign prostatic hyperplasia
5.2.2. The aging population
5.2.3. The rising demand for hormone therapy drugs
5.3. Restraints
5.3.1. The adverse effects of prostate cancer therapeutics
5.3.2. The high cost of treatment
5.4. Opportunities
5.4.1. The new treatment therapy and technique for prostate cancer
5.4.2. The rising funding for research in BPH treatment
6. Global Prostate Health Market Analysis and Forecast, By Distribution Channel
6.1. Segment Overview
6.2. E-Commerce Stores
6.3. Pharmacy
6.4. Others
7. Global Prostate Health Market Analysis and Forecast, By Disease Indication
7.1. Segment Overview
7.2. Benign Prostate Hyperplasia (BPH)
7.3. Prostate Cancer
7.4. Alpha Blockers
7.5. Prostatitis
8. Global Prostate Health Market Analysis and Forecast, By Treatment
8.1. Segment Overview
8.2. Radiation Therapy
8.3. Hormone ADT
8.4. AR Directed Therapies
8.5. Cytotoxic Agents
8.6. Therapeutics
9. Global Prostate Health Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Prostate Health Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Prostate Health Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Amgen Inc.
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Abbott Laboratories
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Bayer AG
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Astellas Pharma Inc.
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Endo Pharmaceuticals Inc.
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. AstraZeneca PLC
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Ferring Pharmaceuticals Inc.
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Bristol-Myers Squibb Co.
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Merck & Co. Inc.
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Siemens Healthcare AG.
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. Eli Lilly and Company
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Product Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
11.12. Johnson & Johnson
11.12.1. Business Overview
11.12.2. Company Snapshot
11.12.3. Company Market Share Analysis
11.12.4. Company Product Portfolio
11.12.5. Recent Developments
11.12.6. SWOT Analysis
11.13. GlaxoSmithKline PLC
11.13.1. Business Overview
11.13.2. Company Snapshot
11.13.3. Company Market Share Analysis
11.13.4. Company Product Portfolio
11.13.5. Recent Developments
11.13.6. SWOT Analysis
List of Table
1. Global Prostate Health Market, By Distribution Channel, 2019-2032 (USD Billion)
2. Global E-Commerce Stores, Prostate Health Market, By Region, 2019-2032 (USD Billion)
3. Global Pharmacy, Prostate Health Market, By Region, 2019-2032 (USD Billion)
4. Global Others, Prostate Health Market, By Region, 2019-2032 (USD Billion)
5. Global Prostate Health Market, By Disease Indication, 2019-2032 (USD Billion)
6. Global Benign Prostate Hyperplasia (BPH), Prostate Health Market, By Region, 2019-2032 (USD Billion)
7. Global Prostate Cancer, Prostate Health Market, By Region, 2019-2032 (USD Billion)
8. Global Alpha Blockers, Prostate Health Market, By Region, 2019-2032 (USD Billion)
9. Global Prostatitis, Prostate Health Market, By Region, 2019-2032 (USD Billion)
10. Global Prostate Health Market, By Treatment, 2019-2032 (USD Billion)
11. Global Radiation Therapy, Prostate Health Market, By Region, 2019-2032 (USD Billion)
12. Global Hormone ADT, Prostate Health Market, By Region, 2019-2032 (USD Billion)
13. Global AR Directed Therapies, Prostate Health Market, By Region, 2019-2032 (USD Billion)
14. Global Cytotoxic Agents, Prostate Health Market, By Region, 2019-2032 (USD Billion)
15. Global Therapeutics, Prostate Health Market, By Region, 2019-2032 (USD Billion)
16. North America Prostate Health Market, By Distribution Channel, 2019-2032 (USD Billion)
17. North America Prostate Health Market, By Disease Indication, 2019-2032 (USD Billion)
18. North America Prostate Health Market, By Treatment, 2019-2032 (USD Billion)
19. U.S. Prostate Health Market, By Distribution Channel, 2019-2032 (USD Billion)
20. U.S. Prostate Health Market, By Disease Indication, 2019-2032 (USD Billion)
21. U.S. Prostate Health Market, By Treatment, 2019-2032 (USD Billion)
22. Canada Prostate Health Market, By Distribution Channel, 2019-2032 (USD Billion)
23. Canada Prostate Health Market, By Disease Indication, 2019-2032 (USD Billion)
24. Canada Prostate Health Market, By Treatment, 2019-2032 (USD Billion)
25. Mexico Prostate Health Market, By Distribution Channel, 2019-2032 (USD Billion)
26. Mexico Prostate Health Market, By Disease Indication, 2019-2032 (USD Billion)
27. Mexico Prostate Health Market, By Treatment, 2019-2032 (USD Billion)
28. Europe Prostate Health Market, By Distribution Channel, 2019-2032 (USD Billion)
29. Europe Prostate Health Market, By Disease Indication, 2019-2032 (USD Billion)
30. Europe Prostate Health Market, By Treatment, 2019-2032 (USD Billion)
31. Germany Prostate Health Market, By Distribution Channel, 2019-2032 (USD Billion)
32. Germany Prostate Health Market, By Disease Indication, 2019-2032 (USD Billion)
33. Germany Prostate Health Market, By Treatment, 2019-2032 (USD Billion)
34. France Prostate Health Market, By Distribution Channel, 2019-2032 (USD Billion)
35. France Prostate Health Market, By Disease Indication, 2019-2032 (USD Billion)
36. France Prostate Health Market, By Treatment, 2019-2032 (USD Billion)
37. U.K. Prostate Health Market, By Distribution Channel, 2019-2032 (USD Billion)
38. U.K. Prostate Health Market, By Disease Indication, 2019-2032 (USD Billion)
39. U.K. Prostate Health Market, By Treatment, 2019-2032 (USD Billion)
40. Italy Prostate Health Market, By Distribution Channel, 2019-2032 (USD Billion)
41. Italy Prostate Health Market, By Disease Indication, 2019-2032 (USD Billion)
42. Italy Prostate Health Market, By Treatment, 2019-2032 (USD Billion)
43. Spain Prostate Health Market, By Distribution Channel, 2019-2032 (USD Billion)
44. Spain Prostate Health Market, By Disease Indication, 2019-2032 (USD Billion)
45. Spain Prostate Health Market, By Treatment, 2019-2032 (USD Billion)
46. Asia Pacific Prostate Health Market, By Distribution Channel, 2019-2032 (USD Billion)
47. Asia Pacific Prostate Health Market, By Disease Indication, 2019-2032 (USD Billion)
48. Asia Pacific Prostate Health Market, By Treatment, 2019-2032 (USD Billion)
49. Japan Prostate Health Market, By Distribution Channel, 2019-2032 (USD Billion)
50. Japan Prostate Health Market, By Disease Indication, 2019-2032 (USD Billion)
51. Japan Prostate Health Market, By Treatment, 2019-2032 (USD Billion)
52. China Prostate Health Market, By Distribution Channel, 2019-2032 (USD Billion)
53. China Prostate Health Market, By Disease Indication, 2019-2032 (USD Billion)
54. China Prostate Health Market, By Treatment, 2019-2032 (USD Billion)
55. India Prostate Health Market, By Distribution Channel, 2019-2032 (USD Billion)
56. India Prostate Health Market, By Disease Indication, 2019-2032 (USD Billion)
57. India Prostate Health Market, By Treatment, 2019-2032 (USD Billion)
58. South America Prostate Health Market, By Distribution Channel, 2019-2032 (USD Billion)
59. South America Prostate Health Market, By Disease Indication, 2019-2032 (USD Billion)
60. South America Prostate Health Market, By Treatment, 2019-2032 (USD Billion)
61. Brazil Prostate Health Market, By Distribution Channel, 2019-2032 (USD Billion)
62. Brazil Prostate Health Market, By Disease Indication, 2019-2032 (USD Billion)
63. Brazil Prostate Health Market, By Treatment, 2019-2032 (USD Billion)
64. Middle East and Africa Prostate Health Market, By Distribution Channel, 2019-2032 (USD Billion)
65. Middle East and Africa Prostate Health Market, By Disease Indication, 2019-2032 (USD Billion)
66. Middle East and Africa Prostate Health Market, By Treatment, 2019-2032 (USD Billion)
67. UAE Prostate Health Market, By Distribution Channel, 2019-2032 (USD Billion)
68. UAE Prostate Health Market, By Disease Indication, 2019-2032 (USD Billion)
69. UAE Prostate Health Market, By Treatment, 2019-2032 (USD Billion)
70. South Africa Prostate Health Market, By Distribution Channel, 2019-2032 (USD Billion)
71. South Africa Prostate Health Market, By Disease Indication, 2019-2032 (USD Billion)
72. South Africa Prostate Health Market, By Treatment, 2019-2032 (USD Billion)
List of Figures
1. Global Prostate Health Market Segmentation
2. Global Prostate Health Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top- Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Prostate Health Market Attractiveness Analysis By Distribution Channel
9. Global Prostate Health Market Attractiveness Analysis By Disease Indication
10. Global Prostate Health Market Attractiveness Analysis By Treatment
11. Global Prostate Health Market Attractiveness Analysis By Region
12. Global Prostate Health Market: Dynamics
13. Global Prostate Health Market Share By Distribution Channel (2023 & 2032)
14. Global Prostate Health Market Share By Disease Indication (2023 & 2032)
15. Global Prostate Health Market Share By Treatment (2023 & 2032)
16. Global Prostate Health Market Share By Regions (2023 & 2032)
17. Global Prostate Health Market Share By Company (2022)
This study forecasts revenue at global, regional, and country levels from 2019 to 2032. The Brainy Insights has segmented the global prostate health based on below mentioned segments:
Global Prostate Health Market by Distribution Channel:
Global Prostate Health Market by Disease Indication:
Global Prostate Health Market by Treatment:
Global Prostate Health by Region:
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