Hormone Refractory Prostate Cancer Market to Reach USD 20.1 Billion by 2033

Trishita Deb
Trishita Deb

Updated · Mar 21, 2025

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Overview

New York, NY – March 21, 2025 – The Global Hormone Refractory Prostate Cancer Market size is expected to be worth around USD 20.1 Billion by 2033 from USD 7.9 Billion in 2023, growing at a CAGR of 9.8% during the forecast period from 2024 to 2033.

Hormone-refractory prostate cancer (HRPC), also known as castration-resistant prostate cancer (CRPC), is an advanced form of prostate cancer that continues to progress despite androgen deprivation therapy (ADT). As prostate cancer cells adapt to low testosterone levels, they become resistant to conventional hormone treatments, making HRPC more challenging to manage.

The rising incidence of HRPC has driven significant advancements in targeted therapies, immunotherapies, and chemotherapy options. Novel agents such as androgen receptor inhibitors, next-generation hormone therapies, and radiopharmaceuticals have improved survival rates and patient outcomes. The U.S. Food and Drug Administration (FDA) has approved several innovative drugs, including enzalutamide, abiraterone acetate, and radium-223, offering new hope for patients.

North America dominates the HRPC treatment market due to high diagnosis rates and advanced healthcare infrastructure. However, the Asia-Pacific region is expected to witness substantial growth driven by increasing prostate cancer cases and improving healthcare access.

Key industry players driving innovation in HRPC treatment include Pfizer Inc., Johnson & Johnson, Bayer AG, Astellas Pharma Inc., and Bristol-Myers Squibb. Ongoing research and clinical trials continue to explore novel combination therapies, offering promising prospects for the future of HRPC management.

Hormone Refractory Prostate Cancer Market Size

Key Takeaways

  • Market Size: The hormone-refractory prostate cancer market is projected to reach approximately USD 20.1 billion by 2033, growing from USD 7.9 billion in 2023 at a CAGR of 9.8% during the forecast period from 2024 to 2033.
  • Treatment Type Analysis: Hormonal therapy remains the primary treatment approach for HRPC, accounting for 53% of the market share. Advanced hormone-based therapies, including androgen receptor inhibitors and next-generation hormone treatments, continue to drive market growth.
  • Application Analysis: HRPC treatment centers lead in application-based market segmentation, holding a 38% market share in 2023. The rising number of specialized centers offering advanced therapeutic options has contributed to this dominance.
  • Regional Analysis: North America remains the largest regional market, securing 38.1% of the total market share in 2023. The region’s advanced healthcare infrastructure, early adoption of novel therapies, and high diagnosis rates drive its market leadership.

Segmentation Analysis

Treatment Type Analysis: Hormonal therapy remains the primary treatment for hormone-refractory prostate cancer (HRPC), holding 53% market share due to its effectiveness in suppressing androgen levels and slowing tumor growth. However, alternative treatments continue to play a crucial role. Chemotherapy targets rapidly dividing cancer cells, providing palliative care in advanced stages. Immunotherapy enhances the body’s immune response to combat resistant HRPC cases. Radiation therapy offers localized tumor treatment with minimal invasiveness, while surgery, including radical prostatectomy, is vital for metastatic or symptom management cases.

Application Analysis: HRPC treatment centers lead the market with a 38% share in 2023, offering specialized care through multidisciplinary oncology teams. Hospitals provide comprehensive treatment options, including medical and radiation oncology, urology, and supportive therapies. Specialty clinics focus on personalized care, advanced treatments, and clinical trials, playing a key role despite a smaller market share. Ambulatory Surgical Centers (ASCs) contribute by providing efficient outpatient procedures, reducing recovery time and costs, making them a valuable alternative for specific HRPC treatments.

Market Segments

Treatment Type

  • Chemotherapy
  • Hormonal Therapy
  • Immunotherapy
  • Radiation Therapy
  • Surgery

Application

  • Hospitals
  • Specialty Clinics
  • Ambulatory Surgical Centers

Regional Analysis

The market for hormone-refractory prostate cancer (HRPC) spans North America, Europe, South America, Asia Pacific, and the Middle East/Africa. North America dominated the market in 2023, holding 38.1% of the regional share, driven by its advanced treatment landscape, high adoption of innovative therapies, and strong healthcare infrastructure.

Asia-Pacific is anticipated to witness the highest growth rate, with a CAGR of 9.76% during the forecast period. The expansion is fueled by India and China, where rising disposable incomes and healthcare advancements are driving demand for improved treatments. Additionally, increasing educational awareness regarding cancer and available therapies is further supporting market growth across the region.

Emerging Trends

Advancements in Androgen Receptor (AR) Targeted Therapies: Traditional hormone therapies often become ineffective as prostate cancer progresses to a castration-resistant state. Recent developments focus on novel AR-targeted treatments, such as proteolysis-targeting chimeras (PROTACs), which promote degradation of the AR protein. For instance, luxdegalutamide (ARV-766) is an investigational oral AR degrader showing promise in treating metastatic castration-resistant prostate cancer (mCRPC), including cases with specific AR mutations.

Immunotherapy Innovations: Immunotherapeutic approaches are gaining traction in HRPC management. Sipuleucel-T, an FDA-approved therapeutic vaccine, has demonstrated a median survival extension of approximately 4.1 months in mCRPC patients. Additionally, chimeric antigen receptor (CAR) T-cell therapies targeting prostate-specific membrane antigen (PSMA) are under investigation, aiming to enhance the immune system’s ability to recognize and attack prostate cancer cells.

Enhanced Radiotherapy Techniques: Advancements in radiotherapy, such as stereotactic body radiation therapy (SBRT), allow for precise targeting of tumors with higher radiation doses over fewer sessions. Clinical trials have shown that SBRT achieves a five-year survival rate of 95.8% in patients with intermediate-risk localized prostate cancer, offering a less invasive alternative with reduced treatment durations.

Targeting Specific Molecules: Australian researchers have identified a molecule, PSKH1, that drives prostate cancer development. Targeting PSKH1 could lead to treatments with fewer side effects compared to current therapies like hormone therapy and chemotherapy, which often have significant adverse effects.

Use Cases

Combination Drug Therapies: Pfizer’s combination of Talzenna and Xtandi has shown a significant improvement in overall survival for patients with mCRPC. This combination therapy was more effective than Xtandi alone, regardless of specific genetic mutations, offering a promising treatment option for advanced prostate cancer cases.

Oral Therapeutics: The approval of relugolix, an oral prostate cancer drug, allows patients to receive treatment at home, reducing the need for frequent clinic visits. This convenience, coupled with a lower risk of heart-related side effects, represents a significant advancement in patient-centered care.

Experimental Treatments Showing Promise: Janux Therapeutics’ experimental treatment, JANX007, demonstrated unprecedented results in a trial involving heavily pretreated metastatic prostate cancer patients. All 16 participants experienced at least a 50% decline in prostate-specific antigen (PSA) levels, with 10 patients seeing declines of 90% or more, indicating a strong potential for this novel therapy.

Immunotherapy Efficacy: Vir Biotechnology’s experimental PSMA-targeting treatment led to reduced PSA levels in all 12 prostate cancer patients in a trial, with seven experiencing a decrease of at least 50%. This showcases the potential of immunotherapy in effectively managing HRPC.

Conclusion

The hormone-refractory prostate cancer (HRPC) market is experiencing significant advancements driven by novel treatments, increasing awareness, and improved healthcare infrastructure. The market, valued at USD 7.9 billion in 2023, is projected to reach USD 20.1 billion by 2033, growing at a CAGR of 9.8%. Hormonal therapy dominates treatment options (53% market share), while chemotherapy, immunotherapy, and radiotherapy continue to evolve.

North America leads with a 38.1% market share, while the Asia-Pacific region is expected to grow rapidly (CAGR 9.76%) due to rising healthcare investments. Innovations such as AR-targeted therapies, immunotherapy, and precision radiotherapy offer new hope. The increasing adoption of combination drug therapies and oral treatments further underscores the market’s dynamic evolution, improving survival rates and patient outcomes.

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Trishita Deb

Trishita Deb

Trishita has more than 8+ years of experience in market research and consulting industry. She has worked in various domains including healthcare, consumer goods, and materials. Her expertise lies majorly in healthcare and has worked on more than 400 healthcare reports throughout her career.

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