Unlocking Opportunities in the Benign Prostatic Hyperplasia Treatment Market: Key Trends, Market Growth, and Forecast Insights
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
Which Primary Drivers Are Supporting the Continued Market Growth of theBenign Prostatic Hyperplasia Treatment Market?
The increasing adoption of minimally invasive surgeries is expected to drive the growth of the benign prostatic hyperplasia treatment market in the future. Minimally invasive surgeries involve small incisions or no incisions at all, utilizing specialized instruments to reduce recovery time, pain, and complication risks. The growing preference for minimally invasive surgeries is due to their benefits, including shorter recovery periods, reduced pain, lower complication risks, and improved cosmetic outcomes. Treating benign prostatic hyperplasia with minimally invasive surgeries provides patients with quicker recovery, fewer complications, and effective symptom relief, leading to better surgical results. For instance, in September 2023, the American Society of Plastic Surgeons (ASPS), a US-based professional organization, reported that in 2022, a total of 23,672,269 cosmetic minimally invasive procedures were performed worldwide, including treatments like neuromodulator injections, lip augmentation, and non-invasive skin tightening. Therefore, the growing adoption of minimally invasive surgeries is contributing to the growth of the benign prostatic hyperplasia treatment market.
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#What Long-Term Growth Rate is Expected for theBenign Prostatic Hyperplasia Treatment Market Between 2025 and 2034?
The benign prostatic hyperplasia (BPH) treatment market has experienced steady growth. It is expected to expand from $8.23 billion in 2024 to $8.71 billion in 2025 at a CAGR of 5.9%. Historical growth has been supported by rising awareness and screening programs, an increasing prevalence of BPH, improving healthcare infrastructure, and a growing elderly population.
The benign prostatic hyperplasia (BPH) treatment market size is set for strong growth, reaching $10.83 billion by 2029 at a CAGR of 5.6%. Market expansion will be supported by a growing preference for minimally invasive procedures, an increasing geriatric population, the availability of advanced treatment options, a heightened focus on patient-centric care, and the rising prevalence of comorbidities. Expected trends include the development of targeted therapies, the integration of digital health solutions, innovations in surgical techniques, the use of 3D imaging for diagnosis, and advancements in patient-centered care models.
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How Are Consumer Market Innovations Shaping the Current and Future Landscape of theBenign Prostatic Hyperplasia Treatment Market?
In the benign prostatic hyperplasia (BPH) treatment market, companies are focused on developing minimally invasive procedures. For instance, in December 2022, Teleflex Incorporated, a U.S.-based medical device company, launched the UroLift System. This system uses small permanent implants to reposition enlarged prostate tissue, offering significant symptom relief without the need for cuts, heating, or tissue removal, ensuring rapid recovery and preserving sexual function.
Who Are the Key Market Players Influencing the Growth of the Corn and Benign Prostatic Hyperplasia Treatment Industry?
Major companies operating in the benign prostatic hyperplasia treatment market are Pfizer Inc., Merck And Co Inc, AbbVie Inc., Bayer AG, Sanofi S.A., GlaxoSmithKline Public Limited Company, Medtronic Public Limited Company, Mezzion Pharma Co Ltd, Eli Lilly and Company, Teva Pharmaceutical Industries Ltd., Boehringer Ingelheim, Boston Scientific Corporation, Astellas Pharma Inc., Olympus Corporation, Coloplast Group, Teleflex Incorporated, Cook Medical Incorporated, AngioDynamics, Inc., HistoSonics Inc, Urovant Sciences Ltd, UroGen Pharma Ltd., Urologix Inc, Zenflow Inc, Butterfly Medical Ltd.
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Which Key Market Segments Comprise the Benign Prostatic Hyperplasia Treatment Market and Drive Its Revenue Growth?
The benign prostatic hyperplasia treatment market covered in this report is segmented –
1) By Treatment: Minimal Invasive Surgery, Invasive Surgery
2) By Therapeutic Class: Alpha Blockers, 5-Alpha Reductase Inhibitors, Phosphodiesterase-5 Inhibitors, Other Therapeutic classes
3) By End User: Home Healthcare, Hospitals And Clinics, Research And Manufacturing
Subsegments:
1) By Minimal Invasive Surgery: Transurethral Resection of the Prostate (TURP), Laser Surgery, Prostatic Urethral Lift, Transurethral Incision of the Prostate (TUIP), Microwave Therapy
2) By Invasive Surgery: Open Prostatectomy, Robotic Prostatectomy
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Which Regions Are Emerging as Leaders in the Benign Prostatic Hyperplasia Treatment Market?
North America was the largest region in the benign prostatic hyperplasia treatment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the benign prostatic hyperplasia treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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