Market Trends of North America Bladder Cancer Therapeutics and Diagnostics Industry
Immunotherapy is Expected to Hold a Significant Share Over the Forecast Period
- Immunotherapy is a therapy that uses drugs to suppress or stimulate the immune system to help the body fight against infection, cancer, and other diseases. It relates to biological therapy for cancer treatment to boost the body's natural defenses to fight cancer. The advantages of immunotherapy over chemotherapy in a bladder cancer patient and product launches by the key market players drive the segment.
- For instance, according to an article published by WebMD LLC, in December 2022, Bacillus Calmette-Guérin (BCG) immunotherapy was approved by the United States Food and Drug Administration (US FDA) for primary carcinoma therapy in situ (CIS) of the bladder. BCG replaced cystectomy as the treatment of choice for CIS. BCG therapy also reduces the risk of recurrence, and ongoing maintenance therapy with BCG reduces the risk of progression in patients with high-grade non-muscle invasive bladder cancer (NMIBC). The advantage of immunotherapy on bladder cancer is expected to drive the segment demand over the forecast period.
- Various strategies adopted by the key market players support segment growth over the forecast period. For instance, in December 2022, US FDA approved Adstiladrin (nadofaragene firadenovec-vncg), a non-replicating (cannot multiply in human cells) adenoviral vector-based gene therapy indicated for the treatment of adult patients with high-risk Bacillus Calmette-Guérin (BCG)-unresponsive non-muscle-invasive bladder cancer (NMIBC) with carcinoma in situ (CIS) with or without papillary tumors. Such development is expected to drive the growth of the market. Therefore, all factors above are expected to post the segment growth over the forecast period.
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United States is Expected to Hold a Significant Share of the Market Over the Forecast Period
- The United States holds a significant share due to the high prevalence of bladder cancer, the growth of its therapeutics and diagnostics in the country, and the presence of many companies. According to Cancer.Net Editorial Board, in March 2023, in the United States, men are three to four times more likely than women to be diagnosed with bladder cancer.
- Furthermore, according to an article published by Healthline Media, in December 2022, in the United States, bladder cancer was around the sixth most common cancer overall in 2022, with approximately 81,180 new cases.
- On average, people with bladder cancer are about 77.1% as likely as those without it to live for at least five years after their diagnosis. According to the same source, in the United States, white people were reported to be more likely to receive a bladder cancer diagnosis than African Americans or Hispanic Americans. Thus, the high prevalence of bladder cancer and the growth of its therapeutics and diagnostics in the country is anticipated to increase the demand for it, thereby propelling the market growth.
- Additionally, various strategies adopted by the key market players support the market growth in the United States over the forecast period. For instance, in August 2021, the United States Food and Drug Administration (US FDA) approved nivolumab (Opdivo, Bristol-Myers Squibb Co.) for the adjuvant treatment of urothelial carcinoma (UC), a type of bladder cancer.
- Additionally, in February 2022, Astellas Pharma Inc. and Seagen Inc. reported preliminary findings from Cohort H of the EV-103 study, which tests PADCEV (enfortumab vedotin-jeff) as a monotherapy in patients with muscle-invasive bladder cancer (MIBC) who are ineligible for cisplatin-based treatment. Thus, all factors above are expected to boost the market growth in the United States over the forecast period.
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