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Prostate Cancer Diagnostics Market Trends

  • Report ID: GMI6107
  • Published Date: Jun 2023
  • Report Format: PDF

Prostate Cancer Diagnostics Market Trends

Prostate cancer diagnostic tests have witnessed significant technological advancements in recent years. These advancements are intended to improve the accuracy and effectiveness of cancer diagnostics, staging, and treatment options. Several biomarkers, such as prostate-specific antigen (PSA), have been used for prostate cancer screening and monitoring. However, novel biomarkers such as prostate cancer antigen 3 (PCA3), TMPRSS2-ERG fusion, and 4Kscore are developed to improve diagnostic accuracy and risk stratification. These biomarkers can be combined with other clinical information to enhance personalized treatment decisions.
 

Healthcare professionals are employing artificial intelligence and machine learning techniques to analyse medical imaging data and assist in prostate cancer diagnosis. These algorithms are helping radiologists and urologists identify suspicious regions on mpMRI, improve biopsy targeting, and aid in risk stratification.
 

Furthermore, advances in genomic sequencing technologies have allowed for comprehensive genomic profiling of prostate tumours. By analysing the genomic alterations, researchers are identifying specific genetic mutations or alterations that drive the development and progression of prostate cancer. This data is proving to be significant in selecting targeted therapies and personalized treatment approaches. As a result, technological advancements hold promise in improving prostate cancer diagnosis & treatment procedures efficiently.

Authors: Mariam Faizullabhoy , Shishanka Wangnoo

Frequently Asked Questions (FAQ) :

The market size of prostate cancer diagnostics was reached USD 3.7 billion in 2022 and is estimated to exceed USD 11.6 billion by the end of 2032, due to the increasing advancements in diagnostic technologies.

The hospitals end-use segment is projected to surpass USD 5.3 billion by 2032, driven by the ease of access to advanced medical technologies, equipment, and infrastructure required for the diagnosis, staging, and treatment of prostate cancer.

U.S. market size is anticipated to reach around USD 5.4 billion by 2032, owing to the presence of favourable reimbursement policies in the country.

Abbott Laboratories, Agilent Technologies, AstraZeneca Plc., Bayer, Becton Dickinson and Company, and Biocept Inc. are some of the leading solution providers in prostate cancer diagnostics.

Prostate Cancer Diagnostics Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 17
  • Tables & Figures: 376
  • Countries covered: 30
  • Pages: 220
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