The growing cases of prostate cancer in the healthcare industry is propelling the market growth.  

The global hormone refractory prostate cancer (HRPCA) market is forecast to reach USD 15.64 Billion by 2026, according to a new report by Reports and Data. Hormone refractory prostate cancer (HRPCA), also known as Castrate-Resistant Prostate Cancer (CRPC), is a particular type of cancer that recurs even after hormonal therapy. It has been categorized under prostate cancer in present times. Due to the low deliverance of clinical needs associated with limited survival periods, HRPCA prevalence is intensified along with fast-emerging treatment methodologies. The global HRPCA market is anticipated to witness unprecedented growth. Most prostate cancers are found during screening with a rectal exam or prostate-specific blood test. Initially, prostate cancers don’t show any symptoms, but on advancing stages, sometimes symptoms can be seen. On the situation where Hormone Refractory Prostate Cancer is suspected based on the outcomes of screening tests, further tests are needed to confirm the diagnosis.

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Market Dynamics:

The dynamics of pharma healthcare industry has drastically changed, especially during the COVID-19 outbreak as the industry faced medication and hospital bed shortage, lack of skilled healthcare professionals and unavailability of sufficient funds. According to the latest report published by reports and data, the global Hormone Refractory Prostate Cancer (HRPCA) market size is expected to reach and register a robust revenue CAGR over the forecast period. Revenue growth of the market is attributed to factors such as increasing prevalence of various diseases, improving healthcare and research infrastructure, high demand for vaccine and medicine and rapidly growing pharma and healthcare sector. Other factors such as availability of advanced treatment in many multispecialty health centers, and increasing awareness about early diagnosis and treatment. In addition, growing demand for precision medicine, increasing adoption of homecare settings and telemedicine, rising literacy rate around the globe and research and development investments for developing advanced drugs and devices are expected to fuel market going ahead.

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The global Hormone Refractory Prostate Cancer (HRPCA) market is extremely competitive and comprise various global and regional players. AbbVie Inc., Acceleron Pharma Inc., AB Science SA, AstraZeneca Plc., Astellas Pharma Inc., Boston Biomedical, Dendreon Corporation, Sanofi S.A, and Johnson Johnson, among others. are some of the key players operating in the global market. These market players are various strategies such as mergers and acquisitions, collaborations, joint ventures, collaborations, partnerships and research and development investments to strengthen their market position and expand their product base.

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For the purpose of this report, Reports and Data has segmented the global Hormone Refractory Prostate Cancer (HRPCA) market on the basis of type, application and region:

Hormone Refractory Prostate Cancer (HRPCA) Market segmentation by Types:

Agents Type Outlook (Revenue, USD Billion; 2016-2026)

• Cytotoxic Agents
• Anti-Androgens
• Vaccines
• Radio-Pharmaceuticals

Treatment Type Outlook (Revenue, USD Billion; 2016-2026)

• Chemotherapy
• Hormonal Therapy
• Immunotherapy
• Radiation Therapy
• Surgery
• Others

End-Users Outlook (Revenue, USD Billion; 2016-2026)

• Hospitals
• Ambulatory Surgical Centers
• Specialty Clinics
• Others

Regional Outlook of Hormone Refractory Prostate Cancer (HRPCA) Market:

• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
• Latin America (Brazil, Rest of LATAM)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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