Global Benign Prostatic Hyperplasia Surgical Devices Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Treatment;

Minimal Invasive Surgery, Invasive Surgery.

By Product Type;

Resectoscopes, Urology Laser, Radiofrequency Ablation, Electrodes, Catheters, Prostatic Stents, Implants, and Others.

By End Use;

Hospitals, Specialty Facilities, and Research and Manufacturing.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn138532680 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Benign Prostatic Hyperplasia Surgical Devices Market (USD Million), 2020 - 2030

In the year 2023, the Global Benign Prostatic Hyperplasia Surgical Devices Market was valued at USD 4,990.43 million. The size of this market is expected to increase to USD 9,694.03 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 10.0%.

The Global Benign Prostatic Hyperplasia (BPH) Surgical Devices Market encompasses a range of medical devices utilized in the surgical management of benign prostatic hyperplasia, a common condition characterized by the non-cancerous enlargement of the prostate gland. As the prevalence of BPH continues to rise globally, driven by aging demographics and changing lifestyles, the demand for effective surgical interventions to alleviate associated symptoms has escalated significantly. This surge in demand has propelled advancements in BPH surgical devices, leading to the development of innovative technologies and minimally invasive techniques aimed at enhancing patient outcomes and reducing treatment-related complications.

The market for benign prostatic hyperplasia surgical devices is characterized by a diverse array of products designed to address the specific needs of patients and healthcare providers across various stages of BPH management. These surgical devices encompass a wide spectrum of treatment modalities, including transurethral resection of the prostate (TURP), laser ablation techniques, prostate artery embolization (PAE), and minimally invasive procedures such as transurethral microwave therapy (TUMT) and transurethral needle ablation (TUNA). Each modality offers distinct advantages in terms of efficacy, safety, and recovery time, catering to the individual preferences and clinical requirements of patients and physicians.

The introduction of innovative technologies and surgical approaches has revolutionized the landscape of BPH treatment, facilitating the transition towards less invasive procedures with shorter hospital stays, reduced postoperative pain, and faster recovery times. These advancements have been instrumental in expanding the treatment options available to patients, particularly those seeking alternatives to traditional surgical interventions like TURP. The growing emphasis on outpatient and office-based procedures has spurred the development of novel BPH surgical devices tailored for use in ambulatory settings, offering greater convenience and accessibility to patients while optimizing resource utilization for healthcare facilities.

Against the backdrop of evolving treatment paradigms and technological innovations, the global market for benign prostatic hyperplasia surgical devices is poised for substantial growth in the coming years. Factors such as increasing healthcare expenditure, rising awareness about BPH and its management, and expanding patient populations are expected to drive market expansion and stimulate investment in research and development initiatives aimed at further enhancing the efficacy and safety of BPH surgical interventions. Strategic collaborations, partnerships, and mergers among key industry players are anticipated to fuel product innovation and market penetration, fostering competition and diversification within the benign prostatic hyperplasia surgical devices market landscape.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Treatment
    2. Market Snapshot, By Product Type
    3. Market Snapshot, By End Use
    4. Market Snapshot, By Region
  4. Global Benign Prostatic Hyperplasia Surgical Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Prevalence of Benign Prostatic Hyperplasia (BPH)
        2. Favorable Reimbursement Policies
        3. Rising Healthcare Expenditure
        4. Growing Geriatric Population
      2. Restraints
        1. Risk of Complications and Adverse Events
        2. Limited Awareness and Education
        3. Preference for Pharmacological Therapies
        4. Limited Access to Advanced Healthcare Services
      3. Opportunities
        1. Development of Next-Generation Technologies
        2. Telemedicine and Remote Monitoring
        3. Patient-Centric Approaches
        4. Focus on Outpatient and Ambulatory Settings
        5. Digital Health Solutions and Wearable Devices
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Benign Prostatic Hyperplasia Surgical Devices Market, By Treatment, 2020 - 2030 (USD Million)
      1. Minimal Invasive Surgery
      2. Invasive Surgery
    2. Global Benign Prostatic Hyperplasia Surgical Devices Market, By Product Type, 2020 - 2030 (USD Million)
      1. Resectoscopes
      2. Urology Laser
      3. Radiofrequency Ablation
      4. Electrodes
      5. Catheters
      6. Prostatic Stents
      7. Implants
      8. Others
    3. Global Benign Prostatic Hyperplasia Surgical Devices Market, By End Use, 2020 - 2030 (USD Million)
      1. Hospitals
      2. Specialty Facilities
      3. Research and Manufacturing
    4. Global Benign Prostatic Hyperplasia Surgical Devices Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Karl Storz
      2. Boston Scientific Corporation
      3. Olympus America
      4. Endo Pharmaceuticals Inc.
      5. biolitec AG
      6. Medifocus
      7. Cook Medical
      8. Teleflex Incorporated
      9. Urotronic
      10. Coloplast Corp
      11. Richard Wolf GmbH
      12. PROCEPT BioRobotics Corporation
  7. Analyst Views
  8. Future Outlook of the Market

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