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How Fast Is The Benign Prostatic Hyperplasia (BPH) Treatment Devices And Equipment Market Expected to Grow Between 2025 And 2029?

The market for devices and equipment used in benign prostatic hyperplasia (BPH) treatment has seen significant growth in recent years. It is projected to increase from $1.29 billion in 2024 to $1.38 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 7.2%. The previous growth in this market can be traced back to factors such as an aging population, increased awareness and diagnosis, accessibility to healthcare, and the availability of personalized treatment.

What Growth Rate Is Anticipated for the Benign Prostatic Hyperplasia (BPH) Treatment Devices And Equipment Market in the Coming Years?

The market for benign prostatic hyperplasia (BPH) treatment devices and equipment is projected to experience robust expansion in the coming years. The market is anticipated to be worth $1.8 billion by 2029, with a compound annual growth rate (CAGR) of 6.8%. The predicted growth during this period can be ascribed to factors such as the adoption of minimally invasive techniques, the expansion of emerging markets, regulatory backing, and value-based healthcare. Significant trends expected during this forecast period comprise non-surgical and office-based procedures, laser and radiofrequency technologies, telemedicine and remote consultations, as well as patient education and engagement.

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Who Are the Leading Companies in the Benign Prostatic Hyperplasia (BPH) Treatment Devices And Equipment Market?

Major companies operating in the benign prostatic hyperplasia (BPH) treatment devices and equipment market include Karl Storz, Lumenis Ltd., Olympus Corporation, Urologix LLC, Boston scientific Inc., Endo International plc, NeoTract Inc., OmniGuide Inc., Medifocus Inc., ProArc Medical Ltd., Teleflex Incorporated, Medtronic plc, Urotech Devices, Prostalund Operations AB, Baxter International, NxThera Inc., Richard Wolf GmbH, Coloplast A/S, Siemens Healthineers, Quest Pharmatech, Protox Therapeutics, IntelGenx Technologies Corp, Astellas Pharma Inc., Ipsen S.A., Biolitec AG, BVM Medical, Convergent Laser Technologies, Cook Medical, GreenLight Technologies, Merit Medical Systems, Pnn Medical A/S, PROCEPT BioRobotics, Prosenex, ProSolv CardioVascular Inc., Quanta System, Rocamed SAM, RZ Medizintechnik GmbH, SRS Medical Systems, UroShape LLC, Vertebron Inc.

What Are the Key Drivers of the Benign Prostatic Hyperplasia (BPH) Treatment Devices And Equipment Market?

The escalating prevalence of prostate cancer is projected to fuel the expansion of the benign prostatic hyperplasia market in the future. Prostate cancer is a form of cancer that originates in the prostate gland, a tiny gland in men that’s about the size of a walnut and situated just below the bladder. The rising instances of prostate cancer typically lead to a greater influx of elderly men seeking treatment for prostate-related problems, thus facilitating the detection and treatment of benign prostatic hyperplasia. For example, as per the American Society of Clinical Oncology (ASCO), a US-based expert association that provides patient information on cancer.net, there were approximately 288,300 men in the USA diagnosed with prostate cancer in 2023, while 268,490 new cases and 34,500 deaths were reported in 2022. Thus, the surge in prostate cancer cases is propelling the growth of the benign prostatic hyperplasia market.

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What Are the Key Market Segments in the Benign Prostatic Hyperplasia (BPH) Treatment Devices And Equipment Industry?

The benign prostatic hyperplasia (BPH) treatment devices and equipment market covered in this report is segmented –

1) By Product: Resectoscopes, Radiofrequency Ablation Device, Urology Lasers, Prostatic Stents, Implants

2) By Procedure Type: Transurethral Needle Ablation (TUNA), Transurethral Resection Of Prostate (TURP), Transurethral Incision Of Prostate (TUIP), Transurethral Microwave Thermotherapy (TUMT), Laser Surgery, Other Procedure Types

3) By End-User: Hospitals, Ambulatory Surgical Centres (ASC), Clinics, Home

Subsegments:

1) By Resectoscopes: Bipolar Resectoscopes, Monopolar Resectoscopes, High-Performance Resectoscopes

2) By Radiofrequency Ablation Device: Single-Needle Radiofrequency Ablation, Multi-Needle Radiofrequency Ablation

3) By Urology Lasers: Holmium Lasers, Diode Lasers, Green Light Lasers

4) By Prostatic Stents: Temporary Prostatic Stents, Permanent Prostatic Stents

5) By Implants: Prostatic Urethral Lift (PUL) Implants, Balloon-Expandable Stents, Permanent Implants for BPH Treatment

What Are the Latest Trends in the Benign Prostatic Hyperplasia (BPH) Treatment Devices And Equipment Market?

Leading firms in the benign prostatic hyperplasia market are concentrating on creating innovative offerings, including the UroLift 2 System and the UroLift ATC advanced tissue control system, to bolster their market position. These systems were introduced to address lower urinary tract symptoms associated with benign prostatic hyperplasia (BPH). In May 2022, Teleflex Incorporated, an American medical device corporation, unveiled the UroLift 2 System and UroLift ATC. The UroLift 2 System is geared towards accessing the prostatic urethra and dispensing permanent UroLift implants through the prostate lobes, while the UroLift ATC advanced tissue control system offers a minimally invasive solution for symptoms of an enlarged prostate. This represents a progressive strategy for tackling benign prostatic hyperplasia (BPH), by elevating and retaining the swollen prostate tissue to prevent urethra blockage.

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What Are the Key Regional Markets in the Benign Prostatic Hyperplasia (BPH) Treatment Devices And Equipment Industry?

North America was the largest region in the benign prostatic hyperplasia (BPH) treatment devices and equipment market in 2023. Western Europe was the second-largest region in the global benign prostatic hyperplasia (BPH) treatment devices and equipment market. The regions covered in the benign prostatic hyperplasia (BNH) treatment devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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This Report Delivers Insight On:

1. How big is the benign prostatic hyperplasia (bph) treatment devices and equipment market, and how is it changing globally?

2. Who are the major companies in the benign prostatic hyperplasia (bph) treatment devices and equipment market, and how are they performing?

3. What are the key opportunities and risks in the benign prostatic hyperplasia (bph) treatment devices and equipment market right now?

4. Which products or customer segments are growing the most in the benign prostatic hyperplasia (bph) treatment devices and equipment market?

5. What factors are helping or slowing down the growth of the benign prostatic hyperplasia (bph) treatment devices and equipment market?

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