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According to a report by P&S Intelligence, the benign prostatic hyperplasia (BPH) procedures are pre

Author: Pramod Kumar
by Pramod Kumar
Posted: Jul 05, 2021

The enlargement of the prostate gland is referred to as BPH. The prostate surrounds the urethra, which is the tube that carries urine from the bladder out of the body. The growth of the prostate gland may squeeze or partly block the urethra, which can cause problems while urinating.

The condition is common in aging men and approximately half of all men between the ages of 51–60 are affected by BPH. It has further been observed that nearly 90% of men over the age of 80 years suffer from BPH. On the basis of type, the market is divided into laser-based procedure, surgical procedure, and other energy based procedure, out of which, the number of laser-based procedure is predicted to witness the fastest growth during the forecast period.

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This procedure is just as effective as surgical procedures, and further decrease the hospital stay time. The surgical procedure division held the larger share in the BPH procedures in the past, owing to the rising prevalence of BPH disorders. When end user is taken into consideration, the market is categorized into ambulatory surgery centers, hospitals, and specialty clinics. Among these, the hospitals category held the major share of the market in the past followed by ambulatory surgery centers and specialty clinics.

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The rising prevalence of BPH is a major reason driving the BPH procedures. A major reason for the increasing prevalence of this disease is the rapidly growing geriatric population across the globe. This high aged population is expected to create high demand for BPH treatment devices. As per the National Institute of Health, it has been estimated that about 14 million men in the U.S. were suffering from symptoms of BPH in the past. Owing to this, there has been a rise in the number of BPH procedures.

A key trend being witnessed in the BPH procedures is the technological advancements in the BPH treatment due to the high number of outpatient procedures. The utilization of minimally invasive procedures, including laser-based treatments, has risen considerably owing to technological advancements in urology. Several treatment methods, including the utilization of pulsed electromagnetic field therapy and Rezum system, are being developed for treating BPH. Dr Allen’s device is one other technologically advanced BPH treatment devices.

This study covers

  • Major factors driving the market and their impact during the short, medium, and long terms
  • Market restraints and their impact during the short, medium, and long terms
  • Recent trends and evolving opportunities for the market participants
  • Historical and the present size of the market segments and understand their comparative future potential
  • Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
  • Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders
  • Major players operating in the market and their service offerings

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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P&S Intelligence

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Email: enquiry@psmarketresearch.com

Web: https://www.psmarketresearch.com

About the Author

Contact: P&S Intelligence Toll-free: +1-888-778-7886 (USA/Canada) International: +1-347-960-6455 Email: enquiry@psmarketresearch.com Web: https://www.psmarketresearch.com

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Author: Pramod Kumar

Pramod Kumar

Member since: Aug 31, 2017
Published articles: 88

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