The research report “Laser Benign Prostatic Hyperplasia (BPH) Devices Market: Global Industry Analysis and Opportunity Assessment 2029” published by Data Bridge Market Research throws light on several aspects driving the global market. The growth of the market is impacted by various trends, developments, drivers and challenges, the analysis of which is included in the fact based research report. The exhaustive research publication covers historical data analysis along with current scenario as well as future projections of the market from a value standpoint for a 10 year period, starting from 2017 till 2029. The analysis on various segments playing a major role in the expansion of the global Laser Benign Prostatic Hyperplasia (BPH) Devices market has been carried out to get a complete picture of the market. The report presents the value forecast of the Laser Benign Prostatic Hyperplasia (BPH) Devices market and provides useful insights into the factors driving market growth as well as the factors restricting market growth. This market report lends a hand to stay up-to-date about the entire market and also puts forward holistic view of the market.
Symptoms may include trouble starting to urinate, inability to urinate, frequent urination and weak stream. Global laser benign prostatic hyperplasia (BPH) devices market was valued at USD 456.62 million in 2021 and is expected to reach USD 781.61 million by 2029, registering a CAGR of 6.60% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Global Laser Benign Prostatic Hyperplasia (BPH) Devices Market: Vendor Insights
Endo Pharmaceuticals Inc. (Ireland), KARL STORZ SE & Co. KG (Germany), Lumenis. (Israel), Olympus Winter & IBE GMBH (Germany), Urologix, LLC. (US), Boston Scientific Corporation (US), LISA Laser USA (US), ProArc Medical (Israel), Urovision-Urotech (Germany), Teleflex Incorporated. (US), Richard Wolf GmbH. (Germany), BD (US), biolitec AG (Germany), Coloplast Corp (Denmark)
Global Laser Benign Prostatic Hyperplasia (BPH) Devices Market: Segmentation and Forecast
By Product (Argon, Carbon Dioxide YAG Laser, Diode Laser, Others)
By Medium Base (Gas, Liquid, Solid)
By Modality (Table Top, Fixed, Trolley Mounted),Application (Holmium Laser Enucleation Of The Prostate (HOLEP), Holmium Laser Ablation Of The Prostate (HOLAP), Photoselective Vaporization Of The Prostate (PVP))
By End User (Ambulatory Surgical Centres (ASC), Urology Centre, Hospitals, Speciality Clinics, Others)
Laser Benign Prostatic Hyperplasia (BPH) Devices Market: Overview
The benign prostatic hyperplasia (BPH) treatment devices refer to the equipment that are utilized in prostate laser surgery. Various type of prostate laser surgery are performed to treat benign prostatic hyperplasia (BPH) condition.
Laser Benign Prostatic Hyperplasia (BPH) Devices Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
• Growth of Geriatric Population
The ageing population is more prone to the development of benign prostatic hyperplasia (BPH) acts as one of the major factors driving the growth of laser benign prostatic hyperplasia (BPH) devices market.
• Government Investments
The increase in the funding by the federal government to drive the adoption of these devices further influence the market.
• Awareness Programs
The rise in the number of awareness programs amongst the physicians and the patients regarding the necessity to avail the benefits of the laser BPH devices accelerate the market growth.
Additionally, surge in investments, increase in in number of awareness campaigns, and surge in disposable income positively affect the laser benign prostatic hyperplasia (BPH) devices market.
Laser Benign Prostatic Hyperplasia (BPH) Devices Market: Region-wise Outlook
Depending on geographic regions, the global Laser Benign Prostatic Hyperplasia (BPH) Devices is segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan, Japan, and Middle East & Africa. North America preserves its leadership primarily due to a significantly high usage of pharmaceutical preparations as compared to Europe, APEJ and Rest of the World.
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Benefits of the Global Laser Benign Prostatic Hyperplasia (BPH) Devices Market:
• Analysis of the changing competitive dynamics of the industry and understanding the attractiveness quotient of various products/solutions/technologies in the Laser Benign Prostatic Hyperplasia (BPH) Devices Market.
• Futuristic outlook on factors driving and restraining the growth of the market
• An in-depth 8-year forecast along with predictions of market growth
• Comprehensive analysis of the key product segments and their growth estimation for easy understanding
• Provides a competitive edge to the companies operating in the market
• Strategic recommendations to the established companies as well as new entrants in the industry
• In-depth analysis of market segments and complete insights of the market to assist in formulating investment strategies
The report is formulated through extensive primary and secondary research and is further validated and verified by the industry experts and professionals. The report offers key insights to the readers, businesses, and stakeholders to help them make informed decisions and gain a robust footing in the market. The report analyzes the growth trends in the historical years and offers an idea about the current and emerging trends of the industry. Advanced analytical tools such as SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and investment return analysis are included in the report.
The research report offers in-depth insights into company profiles along with their production values, production capacity, product portfolio, strategic plans such as mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, government and corporate deals, among others.
Why DBMR?
• Comprehensive analysis on evolving purchase pattern across different geographies.
• Detailed insights of Laser Benign Prostatic Hyperplasia (BPH) Devices market segments and sub-segments for historical as well as forecast period.
• The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• A competitive analysis of prominent players and emerging players in the Global Laser Benign Prostatic Hyperplasia (BPH) Devices Market.
• The report includes in-depth Laser Benign Prostatic Hyperplasia (BPH) Devices market analysis using Porter’s 5 force model. The impact of Covid-19 on the market is also featured in the report.
• Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of Laser Benign Prostatic Hyperplasia (BPH) Devices market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Recent Development
• Olympus, a global technology leader for medical and surgical procedures expanded urological portfolio during the American Urological Association’s (AUA) virtual annual meeting in September’2021. Products featured during virtual annual meeting included the minimally invasive procedure for the treatment of enlarged prostate, SOLTIVE SuperPulsed Laser System for treating kidney and ureteral stones.
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