Market Trends of Global Urothelial Cancer Drugs Industry
The Chemotherapy Segment is Expected to Witness the Fastest Growth Over the Forecast Period
Chemotherapy drugs may be used alone or in combination, depending on the purpose of their usage. Chemotherapy is the most common form of therapeutics used to stop or slow down the growth of urothelial cancer cells. It works throughout the whole body to destroy and keep cancer cells spreading to other parts of the body away from the original tumor. As chemotherapy is considered a first-line treatment for the treatment of urothelial cancer, the segment is expected to see a surge over the forecast period. The rise in the adoption of chemotherapy, the rising prevalence of bladder cancer, and product launches by the key market players drive the segment.
According to the National Cancer Institute, in 2022, a combination of two chemotherapy drugs, gemcitabine, and docetaxel, was given to patients with bladder cancer, and around 82% of individuals who received periodic treatment with both drugs after surgery to remove their bladder tumor were still alive two years later without their cancer returning.
North America is Expected to Dominate the Urothelial Cancer Drugs Market
North America is expected to dominate the market owing to factors such as a high number of cancer cases and new drug approvals in the region are among the key factors contributing to the growth of the studied market in North America. For instance, in 2022, the FDA approved the first gene therapy for the treatment of high-risk, non-muscle-invasive bladder cancer. This drug approval provides healthcare professionals with innovative treatment options. Such new treatment developments are going to elevate the market growth.
Factors such as the high number of bladder cancer cases within the region are going to elevate the need for urothelial cancer drugs. For instance, according to the American Cancer Society, in 2023, the estimated number of new bladder cancer cases is about 82,290 within the United States.
Moreover, the Canadian Cancer Society estimated that, in 2022, around 13,300 Canadians were diagnosed with bladder cancer, and about 2,500 Canadians were to die from bladder cancer. There is a high need for urothelial cancer drugs to treat cancer patients, which is elevating market growth.
