The 7 major penile cancer markets are expected to exhibit a CAGR of 5.1% during 2024-2034.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2024-2034
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Historical Years
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2019-2024
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Market Growth Rate 2024-2034 | 5.1% |
The penile cancer market has been comprehensively analyzed in IMARC's new report titled "Penile Cancer Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Penile cancer refers to a rare malignancy that develops in the tissues of the penis, the external male reproductive organ. It is characterized by the uncontrolled proliferation of abnormal cells in the penile tissues, which can further lead to various complications like lymphedema of the scrotum and lower extremities. The symptoms of this illness often include changes in the appearance of the penis, such as the development of lumps, sores, or ulcers on the skin. Numerous other signs may involve persistent pain, bleeding, discharge, or alterations in urinary habits. Phimosis, a condition where the foreskin cannot be easily pulled back, might also be a symptom associated with penile cancer. The diagnosis of this ailment usually involves a combination of physical examination, medical history assessment, and further tests, such as biopsies. The healthcare professional might also conduct imaging studies, like ultrasound, MRI, CT scans, etc., to detect the extent of the tumor and if it has spread to surrounding tissues or lymph nodes.
The escalating incidences of various associated risk factors, like human papillomavirus infection, poor personal hygiene practices, smoking, older age, etc., are primarily driving the penile cancer market. In addition to this, the inflating utilization of effective treatments, such as surgical interventions, chemotherapy, radiation therapy, etc., which are aimed at managing the condition and inhibiting its progression, is also creating a positive outlook for the market. Moreover, the widespread adoption of targeted therapies and immunotherapies, owing to their potential to specifically address cancer cells while limiting harm to healthy tissue, is further augmenting the market growth. Apart from this, the increasing application of supportive care measures, including pain management strategies and psychosocial support systems, is acting as another significant growth-inducing factor. These methods help to alleviate discomfort and enhance the overall quality of life for patients. Additionally, the emerging popularity of minimally invasive procedures, such as laser therapy and cryotherapy, to target and eliminate malignant growths is also bolstering the market growth. Furthermore, the rising demand for innovative avenues like gene therapy, which involves the introduction of functional genes to correct or replace mutated ones responsible for the disease, is expected to drive the penile cancer market during the forecast period.
IMARC Group's new report provides an exhaustive analysis of the penile cancer market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report the United States has the largest patient pool for penile cancer and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the penile cancer market in any manner.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current penile cancer marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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Pembrolizumab | Merck & Co |
Avelumab | Merck KGaA |
INCMGA 0012 | Incyte Corporation/Macrogenics |
Cabazitaxel | Sanofi |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Market Insights
Epidemiology Insights
Penile Cancer: Current Treatment Scenario, Marketed Drugs and Emerging Therapies