How Big is the Prostate Cancer Market | Manufacturers and Suppliers 2025

Code: MTA8378 Publication Date: Aug 2025

What is the size of Prostate Cancer Market?

According to 6Wresearch internal database and industry insights, Global Prostate Cancer Market was estimated at USD 14.8 billion in 2023 and is projected to reach USD 25.6 billion by 2031, expanding at a compound annual growth rate of 8.1% during the forecast period 2024–2031.

Growth of Prostate Cancer Market is attributed to increasing prevalence of prostate cancer, rising geriatric population, advancements in diagnostics and therapeutics, and growing awareness for early detection and treatment.

Key Growth Drivers of the Prostate Cancer Market

  • The incidence of prostate cancer is growing globally
  • Advancements are continued to increase in diagnostic technologies like MRI and PSA testing
  • The adoption of minimally invasive surgical procedures is rising
  • The demand for targeted therapies and immunotherapies is growing
  • Support of government initiatives and funding for cancer research

Prostate Cancer Market Trends

Prostate Cancer Market is expanding its landscape with strong trends which include rising adoption of precision medicine and targeted therapies. Other trends, such as increased use of robotic-assisted surgeries and liquid biopsies, are driving better patient outcomes. Further, rising investments in research and development for novel immunotherapies and growing awareness campaigns for early screening are shaping market growth.

Emerging Developments in the Prostate Cancer Market

Prostate Cancer Market is accelerating as advancements are occurring such as next-generation diagnostic tools and AI-assisted imaging. On the other hand, companies are focusing on development of novel immunotherapies, hormone therapies, and combination treatments. Further, collaborations between pharmaceutical companies and hospitals are increasing to optimize patient care and treatment accessibility.

List of Leading Companies in the Prostate Cancer Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Pfizer Inc.

Company NamePfizer Inc.
Established Year1849
HeadquartersNew York, USA
Official WebsiteClick Here

This company develops prostate cancer drugs and innovative therapies. It focuses on improving patient outcomes through research and clinical solutions.

2. Johnson & Johnson

Company NameJohnson & Johnson
Established Year1886
HeadquartersNew Brunswick, New Jersey, USA
Official WebsiteClick Here

This company provides prostate cancer therapeutics and diagnostic solutions. It emphasizes research-driven treatment development and patient care.

3. AstraZeneca plc

Company NameAstraZeneca plc
Established Year1999
HeadquartersCambridge, United Kingdom
Official WebsiteClick Here

This company develops targeted therapies for prostate cancer. It focuses on precision medicine and novel oncology treatments.

4. Novartis AG

Company NameNovartis AG
Established Year1996
HeadquartersBasel, Switzerland
Official WebsiteClick Here

This company offers prostate cancer medications and advanced therapies. It invests in R&D for innovative cancer treatment solutions.

5. Bristol-Myers Squibb

Company NameBristol-Myers Squibb
Established Year1887
HeadquartersNew York, USA
Official WebsiteClick Here

This company develops immunotherapies for prostate cancer patients. It focuses on improving survival rates and treatment efficacy.

6. Sanofi S.A.

Company NameSanofi S.A.
Established Year2004
HeadquartersParis, France
Official WebsiteClick Here

This company provides prostate cancer treatments and clinical support. It emphasizes research innovation and patient accessibility.

7. F. Hoffmann-La Roche AG

Company NameF. Hoffmann-La Roche AG
Established Year1896
HeadquartersBasel, Switzerland
Official WebsiteClick Here

This company offers oncology drugs including prostate cancer therapies. It focuses on personalized medicine and improved patient outcomes.

8. Medivation Inc.

Company NameMedivation Inc.
Established Year2004
HeadquartersSan Francisco, USA
Official WebsiteClick Here

This company develops prostate cancer treatments and therapeutics. It emphasizes innovation in drug discovery and patient-focused care.

9. Eli Lilly and Company

Company NameEli Lilly and Company
Established Year1876
HeadquartersIndianapolis, USA
Official WebsiteClick Here

This company offers prostate cancer medications and research-based therapies. It focuses on expanding treatment options and oncology solutions.

10. GlaxoSmithKline plc

Company NameGlaxoSmithKline plc
Established Year2000
HeadquartersBrentford, United Kingdom
Official WebsiteClick Here

This company develops prostate cancer therapies and diagnostic tools. It prioritizes R&D and global healthcare accessibility.

How Big is the Prostate Cancer Market : FAQs

The Prostate Cancer market was valued at USD 14.8 billion in 2023 and is projected to reach USD 25.6 billion by 2031.
Growth factors include rising incidence, advanced diagnostics, minimally invasive treatments, and development of targeted therapies.
Hospitals, cancer treatment centres, diagnostic labs, and outpatient surgical centres are key adopters.
Major companies include Pfizer, Johnson & Johnson, AstraZeneca, Novartis, Bristol-Myers Squibb, Sanofi, Roche, Medivation, Eli Lilly, and GSK.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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