NEW YORK, Nov. 1, 2022 /PRNewswire/ -- The benign prostatic hyperplasia (BPH) devices market size is expected to grow by USD 3.34 billion from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 5.09% during the forecast period, according to Technavio. The increasing prevalence of BPH coupled with increasing risk factors is driving the benign prostatic hyperplasia (BPH) devices market growth. However, factors such as the high cost of BPH treatment may challenge the market growth
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The benign prostatic hyperplasia (BPH) devices market report covers the following areas:
- Benign Prostatic Hyperplasia (BPH) Devices Market size
- Benign Prostatic Hyperplasia (BPH) Devices Market trends
- Benign Prostatic Hyperplasia (BPH) Devices Market industry analysis
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Benign Prostatic Hyperplasia (BPH) Devices Market is segmented as below:
- Therapy
- TURP
- Laser Therapy
- Others
The benign prostatic hyperplasia (BPH) devices market share growth by the TURP segment will be significant during the forecast period. TURP is considered a standard treatment for BPH by many organizations such as the American Urological Association (AMA), Canadian Urological Association (CUA), and European Urological Association (EAU). It is efficient, cost-effective, and durable with low long-term complications and re-treatment rates. The increasing preference for B-TURP for BPH treatment is expected to drive the TURP devices segment, which will fuel the growth of the market in focus during the forecast years.
- Geography
- North America
- Europe
- Asia
- Rest Of World (ROW)
37% of the market's growth will originate from North America during the forecast period. The US and Canada are the key markets for benign prostatic hyperplasia (BPH) devices in North America. The growing elderly population, rising incidence of BPH, and perpetual innovations in BPH devices will facilitate the benign prostatic hyperplasia (BPH) devices market growth in North America over the forecast period.
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We provide a detailed analysis of around 25 vendors operating in the benign prostatic hyperplasia (BPH) devices market, including Astellas Pharma Inc., biolitec AG, Boston Scientific Corp., Butterfly Medical, Coloplast AS, Convergent Laser Technologies, IPG Photonics Corp., KARL STORZ SE and Co. KG, Medeon Biodesign Inc., Medifocus Inc., Olympus Europa SE and Co. KG, OmniGuide Holdings Inc., ProArc Medical, PROCEPT BioRobotics Corp., Richard Wolf GmbH, SRS Medical, Teleflex Inc., Urologix LLC, Vendor Credentialing Service LLC dba symplr, and Zenflow Inc.
This report provides a full list of key vendors, their strategies, and the latest developments. Buy Now for detailed vendor information
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist benign prostatic hyperplasia (BPH) devices market growth during the next five years
- Estimation of the benign prostatic hyperplasia (BPH) devices market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the benign prostatic hyperplasia (BPH) devices market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of benign prostatic hyperplasia (BPH) devices market vendors
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Benign Prostatic Hyperplasia (BPH) Devices Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.09% |
Market growth 2022-2026 |
USD 3.34 billion |
Market structure |
Fragmented |
YoY growth (%) |
3.52 |
Regional analysis |
North America, Europe, Asia, and Rest of World (ROW) |
Performing market contribution |
North America at 37% |
Key consumer countries |
US, Canada, France, Ireland, and China |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Astellas Pharma Inc., biolitec AG, Boston Scientific Corp., Butterfly Medical, Coloplast AS, Convergent Laser Technologies, IPG Photonics Corp., KARL STORZ SE and Co. KG, Medeon Biodesign Inc., Medifocus Inc., Olympus Europa SE and Co. KG, OmniGuide Holdings Inc., ProArc Medical, PROCEPT BioRobotics Corp., Richard Wolf GmbH, SRS Medical, Teleflex Inc., Urologix LLC, Vendor Credentialing Service LLC dba symplr, and Zenflow Inc. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
- 1.1 Market Overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Therapy
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market Definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Therapy
- 5.1 Market segments
- Exhibit 24: Chart on Therapy - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Therapy - Market share 2021-2026 (%)
- 5.2 Comparison by Therapy
- Exhibit 26: Chart on Comparison by Therapy
- Exhibit 27: Data Table on Comparison by Therapy
- 5.3 TURP - Market size and forecast 2021-2026
- Exhibit 28: Chart on TURP - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on TURP - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on TURP - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on TURP - Year-over-year growth 2021-2026 (%)
- 5.4 Laser therapy - Market size and forecast 2021-2026
- Exhibit 32: Chart on Laser therapy - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Laser therapy - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Laser therapy - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Laser therapy - Year-over-year growth 2021-2026 (%)
- 5.5 Others - Market size and forecast 2021-2026
- Exhibit 36: Chart on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Others - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Others - Year-over-year growth 2021-2026 (%)
- 5.6 Market opportunity by Therapy
- Exhibit 40: Market opportunity by Therapy ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 42: Chart on Market share by geography 2021-2026 (%)
- Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 44: Chart on Geographic comparison
- Exhibit 45: Data Table on Geographic comparison
- 7.3 North America - Market size and forecast 2021-2026
- Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 Asia - Market size and forecast 2021-2026
- Exhibit 54: Chart on Asia - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Asia - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Asia - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Asia - Year-over-year growth 2021-2026 (%)
- 7.6 Rest of World (ROW) - Market size and forecast 2021-2026
- Exhibit 58: Chart on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
- 7.7 US - Market size and forecast 2021-2026
- Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.8 France - Market size and forecast 2021-2026
- Exhibit 66: Chart on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on France - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on France - Year-over-year growth 2021-2026 (%)
- 7.9 China - Market size and forecast 2021-2026
- Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.10 Ireland - Market size and forecast 2021-2026
- Exhibit 74: Chart on Ireland - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Ireland - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Ireland - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Ireland - Year-over-year growth 2021-2026 (%)
- 7.11 Canada - Market size and forecast 2021-2026
- Exhibit 78: Chart on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Canada - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Canada - Year-over-year growth 2021-2026 (%)
- 7.12 Market opportunity by geography
- Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 85: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 86: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 87: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification
- 10.3 Boston Scientific Corp.
- Exhibit 89: Boston Scientific Corp. - Overview
- Exhibit 90: Boston Scientific Corp. - Business segments
- Exhibit 91: Boston Scientific Corp. - Key news
- Exhibit 92: Boston Scientific Corp. - Key offerings
- Exhibit 93: Boston Scientific Corp. - Segment focus
- 10.4 Convergent Laser Technologies
- Exhibit 94: Convergent Laser Technologies - Overview
- Exhibit 95: Convergent Laser Technologies - Product / Service
- Exhibit 96: Convergent Laser Technologies - Key offerings
- 10.5 KARL STORZ SE and Co. KG
- Exhibit 97: KARL STORZ SE and Co. KG - Overview
- Exhibit 98: KARL STORZ SE and Co. KG - Product / Service
- Exhibit 99: KARL STORZ SE and Co. KG - Key news
- Exhibit 100: KARL STORZ SE and Co. KG - Key offerings
- 10.6 Medifocus Inc.
- Exhibit 101: Medifocus Inc. - Overview
- Exhibit 102: Medifocus Inc. - Product / Service
- Exhibit 103: Medifocus Inc. - Key offerings
- 10.7 Olympus Europa SE and Co. KG
- Exhibit 104: Olympus Europa SE and Co. KG - Overview
- Exhibit 105: Olympus Europa SE and Co. KG - Product / Service
- Exhibit 106: Olympus Europa SE and Co. KG - Key offerings
- 10.8 OmniGuide Holdings Inc.
- Exhibit 107: OmniGuide Holdings Inc. - Overview
- Exhibit 108: OmniGuide Holdings Inc. - Product / Service
- Exhibit 109: OmniGuide Holdings Inc. - Key offerings
- 10.9 Richard Wolf GmbH
- Exhibit 110: Richard Wolf GmbH - Overview
- Exhibit 111: Richard Wolf GmbH - Product / Service
- Exhibit 112: Richard Wolf GmbH - Key offerings
- 10.10 Teleflex Inc.
- Exhibit 113: Teleflex Inc. - Overview
- Exhibit 114: Teleflex Inc. - Business segments
- Exhibit 115: Teleflex Inc. - Key news
- Exhibit 116: Teleflex Inc. - Key offerings
- Exhibit 117: Teleflex Inc. - Segment focus
- 10.11 Urologix LLC
- Exhibit 118: Urologix LLC - Overview
- Exhibit 119: Urologix LLC - Product / Service
- Exhibit 120: Urologix LLC - Key offerings
- 10.12 Vendor Credentialing Service LLC dba symplr
- Exhibit 121: Vendor Credentialing Service LLC dba symplr - Overview
- Exhibit 122: Vendor Credentialing Service LLC dba symplr - Product / Service
- Exhibit 123: Vendor Credentialing Service LLC dba symplr - Key offerings
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 124: Inclusions checklist
- Exhibit 125: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 126: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 127: Research methodology
- Exhibit 128: Validation techniques employed for market sizing
- Exhibit 129: Information sources
- 11.5 List of abbreviations
- Exhibit 130: List of abbreviations
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SOURCE Technavio
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