Prostate Cancer Market study with Detailed Review, Portraying about the Product/Industry Scope and Expounds Industry Outlook and status to 2023.
Global Prostate cancer Market – Overview
The global prostate cancer market is showing the steady growth; mainly owing to increase in patient population. According to report published by Centers for Disease Control and Prevention, in 2014, there were around 172,258 men in the United States, who diagnosed with prostate cancer and around 28,343 men died from prostate cancer. These rising number of prostate cancer create an opportunity for the player to introduce innovative treatment option.
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Companies are continuously invent new treatment to capture the global market. Thus players invest more in research and development activities. In this regards, Bayer Pharma AG announced that they have many drugs for the treatment of prostate cancer in there pipeline such as Radium-223 dichloride and BAY 1841788 (ODM-201, AR antagonist).
Progenics Pharmaceuticals, Inc., 2015, acquired Exini Diagnostics AB in order to support its imaging and therapeutic agents with sophisticated analytical tools and other technologies to help patients and physicians understand, target and treat prostate cancer. These companies are more investing in research and development program to provide the best treatment option, which help them to keep ahead with their competitor.
These acquisitions help companies to provide better treatment opportunity in the market and hence improve the quality of life for the people around the world. Additionally it help market players in translating breakthrough science into innovative treatment to help people with prostate cancer worldwide.
Key Players:
OncoGenex Pharmaceuticals Inc. (U.S.), Bayer Pharma AG (Berlin), Progenics Pharmaceuticals, Inc. (U.S.), Tolmar Inc. (U.S.), OncBioMune Pharmaceuticals Inc. (U.S.), Endo Pharmaceuticals Inc. (U.S.), Tokai Pharmaceuticals, Inc. (U.S.) are some of the leading players at the cutting edge of the competition in the market of prostate cancer, globally.
Global Wearable Sensors Market – Segments
The market can be segmented into four key dynamics for enhanced understanding;
By Types : Comprises Medical Based Sensors, Motion Sensors, Image Sensors, Pressure Sensors, Position Sensors, and Inertial Sensors among others.
By Applications : Smart Glasses, Smart Wristwear, Smart Bodywears, Smart Footwear and Other Wearable Devices among others.
By End-Users : Healthcare, Consumer, Enterprises and Industrial among others.
By Regions : Europe, North America, APAC and Rest-of-the-World.
Prostate cancer is the most common non skin cancer, which affects the gland that produces some of the fluid in semen and plays an important role in controlling urine of men. This is one of the most common type of cancer in men, which grow slowly and is initially confined to prostate gland, where it may not cause serious harm. According to estimate done by the American Cancer Society, in 2017, there will be around 161,360 new diagnoses of prostate cancer, and that around 26,730 fatalities will occur because of it.
Global Wearable Sensors Market – Regional Analysis
The North American region is believed to be the largest market for wearable sensors. The region holds a significant share in the global wearable sensors market and is expected to a create a large revenue pocket by 2020.
The wearable sensors market in the European region stands the second position, growing continuously.
The Asia Pacific region is rapidly emerging as a promising market for wearable sensors. The increasing adoption of smart and connected wearable devices in some of the Asian countries such as Japan, South Korea, China and India is fostering the market growth in the region. Due to increase of internet of things (IoT), the demand of wearable sensors is increasing in various application areas such as healthcare and fitness, consumer electronics and others.
On the other hand, the wearable sensors market in the Rest-of-the-World is likely to witness a limited but steady growth.
Global Wearable Sensors Market – Competitive Analysis
The well-established wearable sensors market appears to be competitive and fragmented owing to the presence of many small & big players forming a competitive landscape. Those players compete based on product features, innovation, quality, cost, and financial stability. They focus on developing their product portfolio with the help of advance technologies so as to gain a competitive advantage and to maintain their position in the market.
Innovation, M&A, and brand reinforcement remain the key trends for leading players. These
players are investing on internal R&D and, most of all, in acquiring other promising firms. Prominent manufacturers of wearable sensors are targeting to invest more in technology and research and development activities to innovate and improve their existing product line. The rising government funding is motivating key companies to manufacture new sensors that match the changing trends and needs of the customers.
Industry/ Innovation/ Related News:
November 02, 2018 –- Cardiac Insight, Inc. (US), a leading global provider of wearable cardiac biosensors and clinical diagnostic software systems announced its partnership with VivoSense (US), leading company focused on integration and specialised analysis of wearable sensor data for research and clinical trials.
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