Benign Prostatic Hyperplasia Market

By Drug Type;

Alpha-Blockers, 5-Alpha-Reductase Inhibitors (5-ARIs), Alpha-Adrenergic Blockers, Phosphodiesterase-5 Enzyme Inhibitors, and Others

By Dosage Form;

Oral Immediate-Release Tablets/Capsules, Oral Extended-Release Tablets, and Others

By Distribution Channel;

Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn813420930 Published Date: June, 2025 Updated Date: July, 2025

Introduction

Global Benign Prostatic Hyperplasia Market (USD Million), 2021 - 2031

In the year 2024, the Global Benign Prostatic Hyperplasia Market was valued at USD 4,229.14 million. The size of this market is expected to increase to USD 6,702.72 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.8%.


Benign Prostatic Hyperplasia Market

*Market size in USD million

CAGR 6.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.8 %
Market Size (2024)USD 4,229.14 Million
Market Size (2031)USD 6,702.72 Million
Market ConcentrationMedium
Report Pages326
4,229.14
2024
6,702.72
2031

Major Players

  • Allergan PLC
  • Eli Lilly and Company
  • Merck & Co., Inc.
  • Boehringer Ingelheim
  • Astellas Pharma Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Benign Prostatic Hyperplasia Market

Fragmented - Highly competitive market without dominant players


Benign Prostatic Hyperplasia (BPH), also known as prostate gland enlargement, is a prevalent condition among aging men worldwide. It involves the non-cancerous growth of the prostate gland, leading to symptoms such as urinary hesitancy, frequent urination, and weak urine stream. As life expectancy rises globally and the aging population grows, the prevalence of BPH is expected to increase, driving the demand for effective treatments and management strategies.

The global market for BPH treatment encompasses a wide array of pharmaceuticals, medical devices, and minimally invasive procedures aimed at alleviating symptoms and improving quality of life for affected individuals. Key players in the market include pharmaceutical companies developing novel drugs targeting prostate tissue, medical device manufacturers innovating in the realm of prostate surgery and interventions, as well as healthcare providers offering comprehensive diagnostic and therapeutic solutions.

In recent years, advancements in medical technology and growing awareness among patients have fueled innovation and investment in the BPH market. This has resulted in the introduction of new treatment modalities, enhanced diagnostic tools, and a shift towards personalized medicine approaches tailored to individual patient needs.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Drug Type
    2. Market Snapshot, By Distrubution Channel
    3. Market Snapshot, By Region
  4. Benign Prostatic Hyperplasia Market Trends
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Aging population
        2. Increasing life expectancy
        3. Technological advancements in treatment
        4. Growing awareness about BPH
      2. Restraints
        1. High cost of treatment
        2. Regulatory hurdles
        3. Side effects of current treatments
        4. Limited awareness in certain regions
      3. Opportunities
        1. Emerging markets with increasing healthcare access
        2. Development of novel therapies and treatment modalities
        3. Personalized medicine approaches
        4. Strategic partnerships and collaborations
    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. Benign Prostatic Hyperplasia Market, By Drug Type, 2021 - 2031 (USD Million)
      1. Alpha-Blockers
      2. 5- Alpha-Reductase Inhibitors (5-Aris)
      3. Alpha-Adrenergic Blockers
      4. Phosphodiesterase-5 Enzyme Inhibitors
      5. Others
    2. Benign Prostatic Hyperplasia Market, By Distrubution Channel, 2021 - 2031 (USD Million)
      1. Hospital Pharmacies
      2. Retail Pharmacies
      3. Online Pharmacies
    3. Benign Prostatic Hyperplasia Market, By Geography, 2021 - 2031 (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. Allergan PLC
      2. Eli Lilly and Company
      3. Merck & Co., Inc.
      4. Boehringer Ingelheim
      5. Astellas Pharma Inc.
  7. Analyst Views
  8. Future Outlook of the Market