Market Size of Global Urothelial Cancer Drugs Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | 15.50 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Urothelial Cancer Drugs Market Analysis
The urothelial cancer drugs market studied is projected to register a CAGR of 15.5% over the forecast period.
The emergence of COVID-19 had a profound impact on the urothelial cancer drugs market. For instance, according to a study published in June 2022, titled "The Impact of the COVID-19 Pandemic on Bladder Cancer Care in the Netherlands," the number of bladder cancer (BC) diagnoses fell by 14% during the first COVID-19 wave but rose back to pre-COVID-19 levels by the end of 2020 (600 diagnoses a month). Treatment-related alterations were kept to a minimum and adhered to the revised guidelines. Additionally, as per the May 2022 updates from the American Urological Association, during the peak of the COVID-19 pandemic in 2020, more than a quarter of patients with bladder cancer experienced care delays in the United States. As a result of the pandemic, the urothelial cancer drug market and also diagnostics had been significantly impacted. However, due to the increasing number of cancer cases, there will be continuing demand for urothelial cancer drugs.
The urothelial cancer drug market may witness rapid growth also due to the increasing awareness about bladder diseases and available therapies, healthcare expenditure, and the growing burden of bladder cancer. For instance, in March 2022, the 'Don't Go Red' theme for Bladder Cancer Awareness has been declared by the World Bladder Cancer Patient Coalition to raise awareness of warning signs and symptoms, as early detection is critical for enhancing long-term survival and quality of life.
Additionally, the increasing prevalence of bladder cancer across the world supports the market expansion over the forest period. For instance, according to the American Cancer Society, in January 2023, it was estimated that about 82,300 cases of bladder cancer would be reported in the United States, of which 62,400 will be men and 19,900 will be women. Thereby, a high number of bladder cancer cases is going to elevate the need for urothelial cancer drugs. However, side effects associated with drugs are likely to impede market growth.
