Industry Analysis of Prostate Cancer Minimally Invasive Surgery Industrial Trend and Market Demand - Global Size, Share, Growth, Trends and Forecast 2017 - 2025
"Prostate
Cancer Minimally Invasive Surgery Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2017 - 2025"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
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Description-
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Prostate
cancer is a cancer of the prostate gland, which is a part of the male
reproductive system. Routine screening, early diagnosis, and recent
treatment options have enabled increased survival of prostate cancer
patients. Prostate cancer is an abnormal and uncontrolled growth of
cells in the prostate gland of a male. It is the second most common
cancer after skin cancer in men. It is prevalent in men over the age
of 50 years. Risk factors for development of prostate cancer are old
age, family history, and race. In the U.S., it is more common among
the African-American population than Caucasians.
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Rising
prevalence of prostate cancer due to rapidly aging population,
growing awareness among people, increasing demand for minimally
invasive surgery, and advancements in diagnosis techniques is
expected to drive the growth of the prostate cancer minimally
invasive surgery market. According to World Health Organization
(WHO), prostate cancer is the fourth most common cancer in both sexes
combined and the second most common cancer in men. In 2012, an
estimated 1.1 million men worldwide were diagnosed with prostate
cancer, accounting for 15% of the cancers diagnosed in men. With an
estimated 307,000 deaths in 2012, prostate cancer is the fifth
leading cause of death from cancer in men (6.6% of the total deaths
among men).
The prostate cancer minimally invasive surgery
market has been segmented by procedure type, stages of disease
progression, end-user, and geography. In terms of procedure type, the
market has been categorized into laparoscopic prostatectomy, perineal
prostatectomy, nerve-sparing robotic radical prostatectomy,
brachytherapy, cryosurgery and others. Based on stages of disease
progression, the market has been segmented into Stage A, Stage B,
Stage C, and Stage D. Based on end user, the market has been
segmented into hospitals, clinics, diagnostics centers and others.
Geographically, the prostate cancer minimally
invasive surgery market has been categorized into five regions, North
America, Europe, Asia Pacific, Latin America, and Middle East &
Africa. North America is expected to hold the dominant market share
in terms of revenue due to increasing demand and adoption of
technologically advanced products and increasing prevalence of
prostate cancer. According to Centers for Disease Control and
Prevention, in 2014, 172,258 men in the United States were diagnosed
with prostate cancer, and 28,343 men died from this disease in the
country. Europe is expected to be the second largest market owing to
increasing demand for minimally invasive surgery. The market in Asia
Pacific is expected to expand at the highest CAGR during the forecast
period due to increasing prevalence of prostate cancer and aging
population. According to American Cancer Society, Inc., prostate
cancer develops mainly in older men. About 6 cases in 10 are
diagnosed in men aged 65 or older, and it is rare before the age of
40. According to Asia-Pacific Regional Office of United Nations
Population Fund, by 2050, one in four people in Asia and the Pacific
will be over 60 years old. The population of older persons (aged over
60) in the region will triple between 2010 and 2050, reaching close
to 1.3 billion people.
Major players operating in the global prostate
cancer minimally invasive surgery market include Theragenics
Corporation, Varian Medical Systems, Inc., C.R. Bard Inc., Intuitive
Surgical, Siemens Healthineers, and others.
The report offers a comprehensive evaluation of
the market. It does so via in-depth qualitative insights, historical
data, and verifiable projections about market size. The projections
featured in the report have been derived using proven research
methodologies and assumptions. By doing so, the research report
serves as a repository of analysis and information for every facet of
the market, including but not limited to: Regional markets,
technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive
primary research (through interviews, surveys, and observations of
seasoned analysts) and secondary research (which entails reputable
paid sources, trade journals, and industry body databases). The
report also features a complete qualitative and quantitative
assessment by analyzing data gathered from industry analysts and
market participants across key points in the industry’s value
chain.
A separate analysis of prevailing trends in the
parent market, macro- and micro-economic indicators, and regulations
and mandates is included under the purview of the study. By doing so,
the report projects the attractiveness of each major segment over the
forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
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