The global urinary cancer market is forecast to grow at a compound annual growth rate (CAGR) of more than 18% during the forecast period from 2021-2030, and the market value anticipates to reach USD 8700 million by 2030.
Cancer of the urinary tract more commonly affects the urethra, bladder, or renal pelvis. Cystoscopy is the gold standard procedure for the diagnosis of bladder cancer. Another technology, computed tomography (CT) urography, is used in macroscopic hematuria in order to obtain images of the upper urinary tract. There is no known cause of urinary tract cancer, but overuse of catheterized bladders, smoking, chronic inflammation in the urinary tract, and exposure to carcinogenic chemicals are factors that may lead to the development of the disease.
Factors Affecting
Impact Analysis of COVID-19
In the past, the COVID-19 outbreak had negatively impacted the global market for urinary tract cancer. The number of outpatient beds at hospitals and cancer centers is declining, as they focus on selecting only those who require a cystoscopy. It results in the cancellation of many non-essential surgical procedures around the world.
Regional Overview
This market has a dominant position in North America and is forecast to remain so during the forecast period due to the rising prevalence of bladder cancer, increase in healthcare expenditures, the existence of key players, availability of advanced cancer treatments, and advancements in R&D activities in the healthcare sector in the region. However, Asia-Pacific anticipates registering the highest CAGR from 2022 to 2030 due to a rise in urinary tract cancer prevalence, an increasing number of smokers, the government's initiatives, and a growing elderly population.
Leading Companies
The leading prominent companies in the global urinary tract cancer market are:
Scope of the Report
The urinary tract cancer market segmentation focuses on Cancer Type, Treatment Type, Distribution Channel, and Region.
Segmentation based on Cancer Type
Segmentation based on Treatment Type
Segmentation based on Distribution Channel
Segmentation based on Region