Muscle Invasive Bladder Cancer Industry - Regional Synopsis
APAC Market Forecast
Asia Pacific industry is set to dominate majority revenue share of 40% by 2037. Advances in medical technology are a significant growth driver in the MIBC market in the Asia Pacific region. The region has witnessed the adoption of state-of-the-art medical technologies, including advanced imaging techniques, diagnostic tools, and treatment modalities. The Asia Pacific region has embraced technological advancements in the field of medical imaging, including the use of positron emission tomography-computed tomography (PET-CT) for precise staging of MIBC. In particular, the use of positron emission tomography-computed tomography (PET-CT) has gained prominence in the precise staging of MIBC. This imaging modality allows for the comprehensive assessment of the extent of the disease, facilitating treatment planning and decision-making.
North American Market Statistics
The muscle invasive bladder cancer market in the North America region is projected to hold the second largest share during the forecast period. One of the prominent growth drivers in the MIBC market in North America is the aging population. The United States and Canada, in particular, are witnessing a demographic shift with a growing elderly population. In the United States, the aging population is growing rapidly, with the number of individuals aged 65 and older projected to reach 88 million by 2050. Muscle-invasive bladder cancer is more common in older individuals. The aging process can lead to cellular changes in the bladder, making it more susceptible to carcinogenic factors. Therefore, the rising elderly population directly contributes to the increased incidence of MIBC in North America.
