Muscle Invasive Bladder Cancer Market Trends

  • Report ID: 5401
  • Published Date: Nov 27, 2023
  • Report Format: PDF, PPT

Muscle Invasive Bladder Cancer Market Trends

Growth Drivers

  • Rising incidence of MIBC - The incidence of MIBC is increasing globally, due in part to the aging population and the increasing prevalence of risk factors such as smoking. According to the American Cancer Society, bladder cancer is the sixth most common cancer in the United States among both men and women. In 2022, it is estimated that there will be 76,960 new cases of bladder cancer diagnosed in the United States. Of these, approximately 50,000 will be NMIBC and 27,000 will be MIBC.
  • Advances in Medical Technology - Continuous advancements in diagnostic tools, imaging techniques, and treatment modalities have enhanced the diagnosis and management of MIBC. These innovations have improved patient outcomes and spurred muscle invasive bladder cancer market growth. The adoption of minimally invasive surgical techniques, such as robot-assisted surgery, has shown promising outcomes in MIBC treatment, leading to increased demand. Medical imaging and diagnostic tools have become increasingly precise and less invasive. Innovations in radiology and urology have significantly improved the early detection of MIBC.
  • Development of Targeted Therapies - The emergence of targeted therapies and immunotherapies for MIBC has transformed the treatment landscape. These therapies offer more effective and less toxic options, leading to market growth. Immune checkpoint inhibitors, such as pembrolizumab, have demonstrated significant efficacy in MIBC treatment, leading to improved survival rates. Targeted therapies are designed to specifically target the molecular and genetic characteristics of cancer cells.

Challenges

  • Late-stage Diagnosis - Many cases of MIBC are diagnosed at an advanced stage due to non-specific symptoms or a lack of routine screening. Late-stage diagnosis often results in a poorer prognosis and limited treatment options. MIBC often presents with non-specific symptoms that can be mistaken for other, less serious conditions. The most common symptom is hematuria, or blood in the urine. While hematuria is a clear warning sign of bladder cancer, it can also be caused by urinary tract infections, kidney stones, or other benign conditions.
  • Limited Early Detection Methods
  • MIBC is characterized by its aggressive nature with side effects

Muscle Invasive Bladder Cancer Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~10%

Base Year Market Size (2023)

~ USD 21 Billion

Forecast Year Market Size (2036)

~ USD 48 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of Middle East and Africa)
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Author Credits:  Radhika Pawar


  • Report ID: 5401
  • Published Date: Nov 27, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing demand for healthcare sector is the major factor driving the market growth.

The market size of muscle invasive bladder cancer is anticipated to attain a CAGR of 10% over the forecast period, i.e., 2024-2036.

The major players in the market Bristol-Myers Squibb Company, F. Hoffmann-La Roche Ltd., Merck & Co., Inc., AstraZeneca PLC, Johnson & Johnson, Novartis International AG, and others.

The hospitals segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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