Pelvic Cancer Induced Hemorrhegic Cystitis Market to Surpass an Impressive Valuation of USD 11 Billion by 2033, with a CAGR of 18.01%

Pelvic Cancer Induced Hemorrhegic Cystitis Market
Pelvic Cancer Induced Hemorrhegic Cystitis Market

The global pelvic cancer induced hemorrhagic cystitis market size is estimated to achieve an amazing valuation of USD 2.1 billion in 2023 and reach USD 11 billion by 2033, at a CAGR of 18.01%.

Rising awareness among the population regarding early treatment and diagnosis for related disorders, coupled with the steady shift towards unhealthy diets and sedentary lifestyles, is driving the market demand. Advancements in drug development have enabled physicians to administer drugs directly to the infected tissues without harming surrounding healthy tissues, which has contributed to increasing patient compliance, which in turn is expected to boost industry growth.

The high research and development cost associated with the manufacturing of hemorrahagic cystitis treatment drugs, coupled with increased penetration of generic drugs, is likely to restrain market growth. However, technological advancements in drug development to manufacturing cost-effective and side-effect-free drugs are anticipated to create opportunities for industry movements. Moreover, the use of High approval rate of Ifosfamide and cyclophosphamide for use in a variety of malignancies, both in children and adults are driving the market for Haemorrhagic Cystitis. North America dominates the market for Pelvic Cancer induced Hemorrhagic Cystitis with market valuation of US$ 3.6 Billion, followed by APAC.

Key Takeaways

  • North American Pelvic cancer induced hemorrhegic cystitis market is expected to reach US$ 3.6 Billion with a CAGR of 14.87% during the forecast period.
  • With a CAGR of 15.1%, APAC is projected to be fastest growing market for this haemorrhagic cystitis.
  • By treatment type, chemotherapy is expected to dominate the market with a 2/3rd segment share.
  • Radiation therapy is anticipated to be a secondary treatment for hemorrhegic cystitis after Chemotherapy.
  • High cost of treatments and side-effects in post-treatment period will restrict market growth.
  • Adoption of combination therapies and novel therapies are expected to proliferate product demand.
  • Technological advancements in drug development for treatment of pelvic induced hemorrhagic cystitis is anticipated to strengthen market footprint.

“High investments in R&D, advancements in manufacturing drugs, adoption of cost-effective& side-effect-free drugs will open up new avenues for market expansion”- says an FMI Analyst

Competitive Landscape

Key players in the Pelvic cancer induced hemorrhagic Cystitis Market are: Johnson & Johnson Services, Inc, Astellas Pharma Inc, Eli Lilly and Company, Sanofi, Ipsen Pharma, Bayer AG, AstraZeneca, Valeant Pharmaceuticals International, Inc., Merck & Co., Inc., Pfizer Inc.

  • In April 2022, Pfizer made an equity investment worth USD 25 million in Zentalis Pharmaceuticals, Inc. This investment is expected to help Pfizer to leverage its development capabilities globally
  • In May 2022, Pfizer entered a research collaboration agreement of two years with NetVation DL Medicine. This collaboration is anticipated to aid and advance Pfizer in its research activities
  • In June 2022, Roche introduced a human papillomavirus (HPV) self-sampling solution that enables patients to perform HPV screening in the presence of a healthcare worker. This is expected to expand the company’s cancer screening solution line-up
  • In June 2022, Valencia Technologies Corporation announced the implantable neuromodulation technology product eCoin®, which is reshaping the delivery of long-term therapy for bladder control, is a tibial implant for Urge Urinary Incontinence (UUI). eCoin® received premarket approval (PMA) from the U.S. Food and Drug Administration (FDA) in March 2022, making it the first and only FDA-approved implantable tibial neurostimulator indicated for the treatment of urge urinary incontinence (UUI). This new product has helped the company to increase its portfolio.

A Full Report Overview

More Valuable Insights 

Future Market Insights, in its new offering, presents an unbiased analysis of the Bullous Keratopathy market, presenting historical analysis from 2017 to 2022 and forecast statistics for the period of 2023 to 2033.

Key Segments Profiled in the Pelvic Cancer Induced Hemorrhagic Cystitis Market Industry Survey

By Treatment:

  • Bone Marrow Transplant
  • Chemotherapy
    • Cyclophosphamide
    • Ifosfamide
  • Radiation Therapy
  • Other Treatments

About the Healthcare Division at Future Market Insights 

The healthcare team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis of key trends including competitive landscape, profit margin, and research development efforts.

Author By:

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

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