Forecast Period
|
2026-2030
|
Market Size (2024)
|
USD 51.28 Million
|
Market Size (2030)
|
USD 88.26 Million
|
CAGR (2025-2030)
|
9.43%
|
Fastest Growing Segment
|
Hormonal therapy
|
Largest Market
|
Dubai
|
Market Overview
UAE Prostate Cancer Therapeutics Market
was valued at USD 51.28 Million in 2024 and is
expected to reach USD 88.26 Million with a CAGR of 9.43% through 2030.
The UAE Prostate Cancer Therapeutics
Market has witnessed steady growth in recent years, driven by the rising
incidence of prostate cancer and the increasing demand for advanced treatment
options. Prostate cancer, one of the most common cancers among men, has
prompted the UAE healthcare sector to focus on innovative therapeutic
approaches. A variety of treatment modalities, including chemotherapy, hormone
therapy, immunotherapy, and targeted therapies, are widely used in managing
prostate cancer. Moreover, the UAE’s high healthcare standards, with a growing
emphasis on oncology, contribute significantly to the market’s expansion. The United Arab Emirates National Cancer
Registry (UAE-NCR) 2021 reported that, from January 1 to December 31, 2021, a
total of 5,830 patients were diagnosed with either malignant or in situ cancer.
Of these, 5,612 cases (96%) were malignant, while 218 cases (4%) were in situ.
In recent years, key players in the
pharmaceutical and biotechnology industries have increasingly introduced novel
therapeutics, expanding the treatment landscape for prostate cancer patients.
These advancements aim to address unmet needs in patient care, particularly for
those diagnosed with metastatic or advanced prostate cancer. Additionally,
collaborations between local healthcare providers and international drug
manufacturers have facilitated the availability of innovative treatments in the
UAE, aligning with global standards in oncology care.
The UAE government’s support for
healthcare innovation, coupled with its focus on improving cancer care
facilities, has further fueled the market's growth. According to the UAE
National Cancer Registry (UAE-NCR) 2021, there is no official nationwide
prostate cancer screening program in the UAE. However, most major hospitals
offer prostate cancer screening for men as part of a health package at
discounted rates. Additionally, certain insurance companies include free annual
prostate cancer screenings for all men over the age of 45 as part of their
premium insurance plans. Furthermore, the increasing number of prostate
cancer screenings, awareness programs, and the aging population have led to
early detection and better treatment outcomes. As prostate cancer awareness
improves, the demand for personalized medicine, including genetic testing for
precision treatment, is also on the rise. As a result, the UAE Prostate Cancer
Therapeutics Market is poised for continued growth, driven by medical
advancements, strategic investments, and a rising focus on improving patient
outcomes in the fight against prostate cancer.
Key Market Drivers
Rising
Incidence of Prostate Cancer
The rising incidence of prostate cancer
in the UAE is a crucial factor driving the growth of the prostate cancer
therapeutics market. Prostate cancer is among the most common cancers affecting
men, and the UAE is witnessing an increasing number of cases. Prostate
cancer ranks as the second most prevalent cancer among men worldwide, with
approximately 1.4 million new cases reported in 2020, as stated by the World
Cancer Research Fund. In the UAE, as in many other nations, the incidence of
prostate cancer has been increasing steadily, driven by factors such as an
aging population and shifts in lifestyle patterns. Additionally, the cost of
prostate cancer surgery in the UAE reflects the growing demand for advanced
treatment options. This surge is largely attributed to an aging population
and lifestyle changes such as poor diet, lack of physical activity, and high
rates of smoking, which contribute to higher cancer risks. The country’s
healthcare sector is responding to this growing need by focusing on the early detection
and treatment of prostate cancer, thus creating an environment that fosters
market growth.
The aging male population in the UAE is
also a significant contributor, as the risk of developing prostate cancer
increases with age. Early detection through regular screening is becoming more
common, which allows for more effective treatment outcomes. With increased
awareness around prostate cancer prevention and early detection, there is a
heightened demand for various therapeutic treatments, including surgery,
radiation, and drug-based therapies. Furthermore, healthcare institutions are
investing in advanced diagnostic equipment, such as MRIs and biopsies, which
aid in the early identification of prostate cancer, leading to earlier and more
effective interventions. As more men are diagnosed at an earlier stage, the
demand for specialized treatments, particularly those tailored for advanced and
metastatic cases, continues to grow. The rising number of prostate cancer cases
not only stimulates the demand for therapeutics but also encourages innovation
in the treatment landscape. Companies and research institutions are working
towards developing more effective therapies that can manage the disease more
efficiently, thus fostering market growth in the UAE. As the disease burden
increases, so too does the need for advancements in the therapeutic field,
which continues to drive the growth of the prostate cancer therapeutics market
in the region.
Government
and Healthcare Sector Support
The UAE government’s support for
healthcare innovation and its strategic investments in the oncology sector are
vital drivers for the growth of the prostate cancer therapeutics market. As
part of its Vision 2021 plan, the UAE has placed significant emphasis on improving
its healthcare infrastructure, including enhancing cancer care services. With
the growing number of prostate cancer cases, the government has recognized the
importance of creating a robust healthcare system capable of addressing this
public health challenge. One of the key initiatives contributing to the
market’s expansion is the National Cancer Control Program, which provides
funding for cancer research, including prostate cancer. The UAE government has
also been proactive in collaborating with international healthcare
organizations and pharmaceutical companies to ensure the availability of
advanced therapeutics. On 14 September 2022, Arab Health
reaffirmed its role as a central hub for healthcare trade, securing AED 2.8
billion in healthcare-related contracts, as reported by the GRS Explori
Exhibitor Survey conducted during the 2022 edition, held in Dubai in January.
The exhibition plays a vital role in supporting UAE Government initiatives such
as ‘Make it in the Emirates,’ a platform aimed at developing the UAE’s
industrial sector and strengthening its contribution to the national economy.
This initiative focuses on 11 priority sectors, including pharmaceuticals and
medical technology.
This collaboration facilitates the introduction of the latest prostate cancer
treatment options, including cutting-edge drug therapies, biologics, and
immunotherapies, which otherwise may not be available in the region. Such
partnerships foster the growth of the prostate cancer therapeutics market by
ensuring that the UAE benefits from global innovations.
In addition to research and funding, the
UAE’s healthcare regulatory authorities are focused on creating a favorable
environment for the introduction of new cancer treatments. In March 2024, it
was announced that mandatory health insurance will be expanded in 2025 to cover
all workers in the UAE, ensuring affordable premiums and reasonable benefits.
Beginning January 1, 2025, all private sector employees and domestic workers in
the UAE will be required to have basic health insurance coverage. This policy
expansion will also apply to the northern emirates of Sharjah, Ajman, Umm Al
Quwain, Ras Al Khaimah, and Fujairah, in addition to the already established
mandatory health insurance programs in Abu Dhabi and Dubai, which began several
years ago. As a result, the market for prostate cancer therapeutics
continues to expand as the UAE enhances its capacity to address the growing
need for cancer care.
Advancements
in Treatment Technologies
Advancements in treatment technologies
are significantly transforming the UAE prostate cancer therapeutics market.
These innovations, ranging from new drug therapies to improved diagnostic tools
and treatment modalities, are enhancing the way prostate cancer is managed and
treated in the UAE. One of the key advancements is the introduction of
precision medicine, which tailors treatments to the individual characteristics
of each patient. This approach improves the effectiveness of therapies by
targeting specific genetic mutations or molecular alterations present in the
cancer cells, leading to better treatment outcomes with fewer side effects.
Another major trend is the development
of new drug classes, such as androgen receptor inhibitors, which have become
essential in the treatment of advanced or metastatic prostate cancer. These
therapies target the androgen receptors that are responsible for the growth of
prostate cancer cells. The availability of such targeted therapies ensures that
patients have access to treatments that specifically address the underlying
mechanisms driving the disease, improving survival rates and quality of life.
Immunotherapies are also gaining
traction in the UAE market as a promising treatment option for prostate cancer.
These therapies aim to enhance the body’s immune system to recognize and fight
cancer cells. Additionally, hormone therapies that block or lower the level of
androgens, such as testosterone, are increasingly being used in combination
with other treatments to manage prostate cancer effectively. The UAE healthcare
system is embracing these innovations by integrating cutting-edge technologies
into cancer care centers. Hospitals and medical institutions are investing in
the latest diagnostic tools, such as high-resolution imaging and genetic
profiling, to accurately diagnose prostate cancer at earlier stages and better
monitor treatment progress. As a result, advancements in treatment technologies
are playing a pivotal role in improving patient outcomes and boosting the
prostate cancer therapeutics market in the UAE.
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Key Market Challenges
High
Cost of Advanced Therapies
One of the primary challenges facing the
UAE Prostate Cancer Therapeutics Market is the high cost of advanced cancer
therapies. While the UAE has made significant progress in adopting
state-of-the-art treatment options, such as immunotherapies, precision
medicine, and robotic surgery, these therapies come with substantial financial
burdens. For instance, the cost of drugs like targeted therapies and immunotherapy
can be prohibitively expensive, especially for patients who need long-term
treatment for advanced or metastatic prostate cancer. These costs often result
in financial strain for both patients and healthcare institutions.
Healthcare in the UAE is primarily
funded through private insurance, which may not cover the full range of
advanced cancer treatments, leaving patients to bear a significant portion of
the costs. While the government provides some financial assistance for cancer
care, it is often insufficient to cover the high costs associated with
cutting-edge therapies. Consequently, many patients may have limited access to
the most effective treatment options, hindering overall market growth. In
addition, the price of cancer drugs is influenced by several factors, including
the complexity of production, regulatory approval processes, and research and
development investments. The global nature of the pharmaceutical industry,
where drug prices are subject to international market forces, further
complicates the situation. Additionally, the high cost of specialized equipment
and technologies used in advanced therapies, such as robotic surgical systems
and imaging tools, adds another layer of financial strain on healthcare providers
and patients.
Regulatory
Barriers and Delays in Approvals
Regulatory barriers and delays in the
approval of new therapies pose a significant challenge to the UAE Prostate
Cancer Therapeutics Market. While the UAE has made considerable advancements in
its healthcare infrastructure, the regulatory approval process for new cancer
treatments remains slow, particularly for novel drug therapies and advanced
medical devices. The lengthy approval timelines for innovative therapies can
delay their availability in the market, which is a critical issue in the
fast-evolving field of cancer treatment. Prostate cancer treatments, especially
immunotherapies and targeted therapies, are constantly advancing, with new
drugs being developed and tested in clinical trials worldwide. However, the
UAE’s regulatory agencies, such as the Emirates Food and Drug Authority (EFDA),
may take longer than expected to review and approve these therapies. This delay
can prevent patients from gaining access to potentially life-saving treatments
in a timely manner. The delay in approval also creates a gap between the global
availability of these therapies and their introduction in the UAE market,
resulting in an inequitable treatment landscape.
Another issue is that regulatory
processes may not always align with the rapid pace of innovation in cancer
therapeutics. Many novel therapies, such as biologics and cell-based therapies,
require specialized regulatory frameworks to ensure their safety and efficacy.
However, the UAE’s current regulatory framework may not be fully equipped to
handle the complexities associated with these advanced therapies. As a result,
pharmaceutical companies may face difficulties in navigating the regulatory
landscape, which could delay the launch of new treatments. To overcome this challenge,
the UAE’s regulatory authorities need to streamline approval processes and
adopt more flexible frameworks that can accommodate the fast-paced nature of
cancer research and treatment development. This would allow patients in the UAE
to benefit from cutting-edge therapies sooner, helping to propel the growth of
the prostate cancer therapeutics market.
Key Market Trends
Availability
of Advanced Oncology Treatment Centers
The availability of advanced oncology
treatment centers in the UAE has played a significant role in boosting the
prostate cancer therapeutics market. As prostate cancer cases rise, the UAE has
invested heavily in establishing state-of-the-art cancer centers that are
equipped with the latest diagnostic and therapeutic technologies. These
specialized centers offer comprehensive prostate cancer care, including
screening, diagnosis, surgery, radiation therapy, and access to cutting-edge
drug therapies. By centralizing cancer care in specialized centers, the UAE
ensures that patients receive the highest quality of care possible. The growth
of these advanced oncology centers has made it easier for patients to access
specialized prostate cancer treatment. For example, many centers are now
equipped with robotic surgical systems, which enable minimally invasive
prostate cancer surgeries that reduce recovery times and improve surgical
outcomes. Moreover, advanced radiation therapy technologies, such as proton
therapy and intensity-modulated radiation therapy (IMRT), are becoming
increasingly available, offering more precise and effective treatment for
prostate cancer patients.
These oncology centers also serve as
hubs for clinical trials, providing prostate cancer patients with access to the
latest therapies still in development. Clinical trials are vital in introducing
novel drugs and treatment options, and the UAE’s growing network of research
institutions and partnerships with international pharmaceutical companies
ensures that the latest therapies are available for patients. This integration
of clinical trials into oncology centers facilitates the rapid adoption of
innovative therapies, contributing to the overall growth of the prostate cancer
therapeutics market in the UAE. As the number of specialized cancer centers
continues to grow and adopt the latest technologies, the prostate cancer
therapeutics market is expected to see further expansion, ensuring that
patients have access to world-class treatment options.
Increasing
Adoption of Minimally Invasive Therapies
The increasing adoption of minimally
invasive therapies in the UAE is driving the growth of the prostate cancer
therapeutics market. Minimally invasive procedures, such as robotic-assisted
surgery and laparoscopic prostatectomy, are gaining popularity due to their
significant benefits over traditional surgical methods. These techniques
involve smaller incisions, reduced blood loss, shorter recovery times, and less
postoperative pain, which contribute to a quicker return to normal activities
for patients. These advantages are particularly important for prostate cancer
patients, as they often prefer less invasive options that result in fewer
complications and faster recovery. Robotic-assisted surgery, such as the da
Vinci surgical system, has revolutionized prostate cancer treatment in the UAE.
The precision offered by robotic systems allows surgeons to remove prostate
cancer with greater accuracy, minimizing the risk of damaging surrounding
tissues and nerves. This has led to improved outcomes, including better urinary
and sexual function post-surgery, which are critical concerns for prostate
cancer patients. The ability to perform these surgeries with minimal trauma to
the body has made them highly appealing to both patients and healthcare
providers.
The UAE's healthcare sector has been quick
to embrace these advanced minimally invasive techniques. Major hospitals and
cancer centers are investing in the latest robotic surgery systems and training
their surgical teams to use these technologies effectively. As a result, there
has been a shift toward less invasive treatment methods for prostate cancer,
which not only boosts patient satisfaction but also contributes to the overall
growth of the prostate cancer therapeutics market. This trend is expected to
continue as more patients and healthcare providers recognize the benefits of
minimally invasive therapies in improving patient outcomes.
Segmental Insights
Drug Class Insights
Based on
the Drug Class, Hormonal therapy is currently the dominating drug class in the
UAE Prostate Cancer Therapeutics Market. This dominance is primarily due to the
widespread use of androgen deprivation therapy (ADT) in the treatment of
prostate cancer, particularly for advanced and metastatic cases. Prostate
cancer growth is driven by androgens, such as testosterone, and hormonal
therapy works by reducing androgen levels or blocking their effects on cancer
cells. This makes hormonal therapy a cornerstone of prostate cancer management,
especially in the early stages of disease progression. The UAE healthcare
system’s adoption of hormonal therapies, including drugs like LHRH agonists and
anti-androgens, is driven by their established efficacy, availability, and
affordability. Hormonal therapy is often the first-line treatment for locally
advanced prostate cancer and is used in combination with other treatment
modalities for more advanced stages. The relatively lower cost of hormonal
therapy compared to other advanced treatments like chemotherapy and
immunotherapy also makes it a preferred choice in a cost-conscious healthcare
environment. Hormonal therapy is commonly used in conjunction with other
therapies, such as chemotherapy or targeted therapy, to enhance the overall
treatment outcome for patients. As a result, this drug class remains a dominant
player in the market, both in terms of patient usage and market revenue.
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Regional Insights
Dubai was the dominant region in the UAE Prostate Cancer Therapeutics Market, driven by
its status as a major healthcare hub and the concentration of advanced medical
facilities. As the largest and most cosmopolitan city in the UAE, Dubai boasts
state-of-the-art hospitals, research institutions, and specialized cancer care
centers, all of which contribute to the high demand for prostate cancer
therapeutics. The presence of leading private healthcare providers such as the
American Hospital Dubai and Mediclinic City Hospital ensures that patients have
access to the latest treatment options, including chemotherapy, immunotherapy,
and targeted therapies. Dubai's strategic location as a medical tourism
destination also attracts international patients seeking advanced cancer care,
which further fuels the demand for prostate cancer treatments. The city's
well-established healthcare infrastructure, combined with its reputation for
offering high-quality care, has positioned it as a key market for
pharmaceutical companies targeting the prostate cancer therapeutics segment. The
UAE government’s commitment to providing top-tier healthcare services,
especially in Dubai, has led to continued investment in cutting-edge medical
technologies, including robotic surgery and personalized medicine, enhancing
treatment outcomes for prostate cancer patients. As a result, Dubai remains the
focal point of prostate cancer care, with its hospitals playing a central role
in the distribution of therapeutic products.
Recent Developments
- In
September 2022, Arab Health highlighted its status as a hub for healthcare
trade and demonstrated its commitment to supporting global businesses and
governments. According to a GRS Explori Exhibitor Survey, the 2022 edition of
the event, held in Dubai in January, facilitated healthcare industry-related
contracts worth AED 2.8 billion. The
exhibition also plays a pivotal role in advancing UAE Government initiatives
such as 'Make it in the Emirates,' which aims to develop the nation's
industrial sector and strengthen its contribution to the economy by focusing on
11 priority areas, including pharmaceuticals and medical technology.
- On October
8, 2024, in Dubai, UAE, Pfizer introduced the UAE's first and only approved
oral treatment for metastatic castration-resistant prostate cancer (mCRPC),
following its successful launch in the US.
mCRPC, a prostate cancer variant that spreads beyond the prostate and
resists testosterone-lowering therapies, affects 10-20% of prostate cancer
patients within 5-7 years of diagnosis. Pfizer’s oncology portfolio integrates
three core mechanisms—small molecules, antibody-drug conjugates (ADCs), and
bispecific antibodies, including immune-oncology biologics—to target cancer
from multiple fronts. The company remains committed to delivering
transformative treatments for prevalent cancers such as breast, genitourinary,
hematology-oncology, and thoracic cancers, including lung cancer.
Key Market Players
- Pfizer Gulf FZ-LLC
- Julphar (Gulf Pharmaceutical Industries)
- Roche Pharmaceutical Middle East FZCO
- Niner Pharmaceuticals LLC
- Lifepharma FZE
- Hikma UAE
- Al Hayat Pharmaceuticals
- Modern Pharmaceutical Company LLC
- ADCAN Pharma
- Globalpharma Co. (L.L.C.)
By Drug Class
|
By Distribution Channel
|
By Region
|
- Chemotherapy
- Immunotherapy
- Targeted Therapy
- Hormonal Therapy
|
- Hospital Pharmacies
- Drug Stores & Retail Pharmacies
- Online Pharmacies
|
- Abu Dhabi
- Dubai
- Sharjah
- Rest of UAE
|
Report Scope:
In this report, the UAE Prostate Cancer Therapeutics Market has been segmented into the following
categories, in addition to the industry trends which have also been detailed
below:
- UAE Prostate Cancer Therapeutics Market, By Drug
Class:
o Chemotherapy
o Immunotherapy
o Targeted Therapy
o Hormonal Therapy
- UAE Prostate Cancer Therapeutics Market, By Distribution
Channel:
o Hospital Pharmacies
o Drug Stores & Retail Pharmacies
o Online Pharmacies
- UAE Prostate Cancer Therapeutics Market, By Region:
o Abu Dhabi
o Dubai
o Sharjah
o Rest of UAE
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in the UAE Prostate Cancer Therapeutics
Market.
Available Customizations:
UAE Prostate Cancer Therapeutics Market report with the given market data,
TechSci Research offers customizations according to a company's specific needs.
The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to
five).
UAE Prostate Cancer Therapeutics Market is an upcoming report to be
released soon. If you wish an early delivery of this report or want to confirm
the date of release, please contact us at [email protected]