Latest Benign Prostatic Hyperplasia (BPH) Treatment Devices And Equipment Market Growth Study 2022-2026 By The Business Research Company
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The benign prostatic hyperplasia (BPH) treatment devices and equipment market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 6%, as per The Business Research Company’s market report!
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The Benign Prostatic Hyperplasia (BPH) Treatment Devices And Equipment Market Size In 2022 And Forecast
The global benign prostatic hyperplasia (BPH) treatment devices and equipment market grew from $1.33 billion in 2021 to $1.46 billion in 2022 at a compound annual growth rate (CAGR) of 9.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The benign prostatic hyperplasia (BPH) treatment devices and equipment market is expected to grow to $1.86 billion in 2026 at a CAGR of 6.2%.
The benign prostatic hyperplasia (BPH) treatment devices and equipment market consists of sales of benign prostatic hyperplasia (BPH) treatment devices and equipment and related services.
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Rise In Prevalence Of Benign Prostatic Hyperplasia Is Driving The Growth Of The Benign Prostatic Hyperplasia (BPH) Treatment Devices And Equipment Market
For example, in 2021, more than 14 million men in the United States have symptoms of BPH. Globally 30 million men have symptoms related to BPH. Therefore, with the number of BPH cases on the steady rise, the demand for BPH treatment devices and equipment is also expected to grow.
Competitive Landscape And The Regional Analysis Of The Benign Prostatic Hyperplasia (BPH) Treatment Devices And Equipment Market
Major players in the benign prostatic hyperplasia (BPH) treatment devices and equipment market are Karl Storz, Lumenis, Olympus, Urologix, Boston Scientific Inc., Endo International, Neo tract, Lisa Laser, Medifocus Inc., ProArc Medical LTD., and Olympus America.
The Benign Prostatic Hyperplasia (BPH) Treatment Devices And Equipment Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the benign prostatic hyperplasia (BPH) treatment devices and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the benign prostatic hyperplasia (BPH) treatment devices and equipment market.
Prostatic Artery Embolization – A Key Trend In The Benign Prostatic Hyperplasia (BPH) Treatment Devices And Equipment Market
PAE is a minimally invasive treatment that assists in reducing the symptoms observed in the urinary tract. The PAE procedure is done using X-rays and other advanced imaging to observe the tumor inside the body and accordingly treat it without any surgery. This technique results in reduced complications in the treatment of BPH and thus is said to be a major development in the market of BPH treatment.
Benign Prostatic Hyperplasia (BPH) Treatment Devices And Equipment Market Segmentation By The Business Research Company
1) By Product: Resectoscopes, Radiofrequency Ablation Device, Urology Lasers, Prostatic Stents, Implants
2) By End-User: Hospitals, Ambulatory Surgical Centres (ASC), Clinics, Home
3) 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
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