Product Code: GVR-4-68040-119-1
Benign Prostatic Hyperplasia Treatment Devices Market Growth & Trends:
The global benign prostatic hyperplasia treatment devices market size is anticipated to reach USD 2.79 billion by 2030, registering at a CAGR of 8.90% from 2023 to 2030, according to a new report by Grand View Research, Inc.. Increasing application of the robotic system used for the benign prostatic hyperplasia (BPH) treatments, enhancements in the aquablation therapy, early disease diagnosis and increasing health awareness among people drive the market growth. Due to the rising prevalence of BPH and the ongoing development of novel therapy alternatives, the BPH treatment device market is anticipated to expand globally.
Aquablation therapy involves the use of a system that combines water and radiofrequency energy. Normally, either local or general anesthesia is used during the surgery. When compared to the open surgical treatments for BPH, aquablation therapy has a number of advantages, including less bleeding and a shorter catheterization period. For instance, in April 2023, according to PROCEPT BioRobotics Corporation, 5-year results from the WATER II Study showed that Aquablation therapy, a minimally invasive robotic surgical procedure for benign prostatic hyperplasia, safely and effectively relieved persistent symptoms in men with large prostates (80 to 150 mL) and maintains sexual function for up to five years. The study, which was released in the Journal of Urology, showed that patients' symptoms and quality of life kept improving significantly over time.
The key players are also involved in developing implants for the treatment of benign prostatic hyperplasia. The positive outcomes from the clinical studies have a positive impact on the market growth. For instance, as per the article published in Urology Times, the company ProVerum Limited invented the nitinol expander device for people with BPH in June 2022. The first treatment using the revolutionary ProVee System was successfully conducted in the key ProVIDE trial at Avant Concierge Urology. A self-expanding implant called ProVee gently reshapes and widens a restricted urethra to increase urine flow shortly after it is in place and also improves the quality of life in the patients. Thus, due to such advancements, the demand for Benign Prostatic Hyperplasia (BPH) treatment devices will increase in the near future.
Benign Prostatic Hyperplasia Treatment Devices Market Report Highlights:
- Based on treatment, minimal invasive surgery dominated the BPH treatment devices market with a revenue share of 72.16 % in 2022, owing to the less postpartum pain and discomfort that may result from smaller incisions and less tissue manipulation
- Based on procedure, Transurethral Resection of the Prostate (TURP) segment dominated the market in 2022 with a revenue share of 25.32%. The TURP procedure is considered a golden standard and the most effective BPH treatment
- Based on end-use, hospitals held a majority share of the market with 64.77% in 2022. The increasing number of patients being admitted to hospitals due to surgeries, therapies, and treatments is expected to increase the demand for neurovascular catheters in the near future
- North America led the market with the maximum revenue share of 34.95% in 2022. Rising demand for minimally invasive surgeries and rising government initiatives for improving healthcare infrastructures are among the key factors driving the market growth. In addition, technological advancement and innovation of new noninvasive techniques will create lucrative opportunities for the segment
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.1.1. Treatment
- 1.1.2. Procedure
- 1.1.3. Product
- 1.1.4. End-use
- 1.1.5. Regional scope
- 1.1.6. Estimates and forecast timeline
- 1.2. Research Methodology
- 1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR's internal database
- 1.3.3. Secondary sources
- 1.3.4. Primary research
- 1.3.5. Details of primary research
- 1.3.5.1. Data for primary interviews in North America
- 1.3.5.2. Data for primary interviews in Europe
- 1.3.5.3. Data for primary interviews in Asia Pacific
- 1.3.5.4. Data for primary interviews in Latin America
- 1.3.5.5. Data for Primary interviews in MEA
- 1.4. Information or Data Analysis
- 1.4.1. Data analysis models
- 1.5. Market Formulation & Validation
- 1.6. Model Details
- 1.6.1. Commodity flow analysis (Model 1)
- 1.6.1.1. Approach 1: Commodity flow approach
- 1.6.2. Volume price analysis (Model 2)
- 1.6.2.1. Approach 2: Volume price analysis
- 1.7. List of Secondary Sources
- 1.8. List of Primary Sources
- 1.9. Objectives
- 1.9.1. Objective 1
- 1.9.2. Objective 2
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Treatment outlook
- 2.2.2. Procedure outlook
- 2.2.3. Product outlook
- 2.2.4. End-use outlook
- 2.2.5. Regional outlook
- 2.3. Competitive Insights
Chapter 3. Benign Prostatic Hyperplasia (BPH) Treatment Device Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent market outlook
- 3.1.2. Related/ancillary market outlook
- 3.2. Market Dynamics
- 3.2.1. Market driver analysis
- 3.2.1.1. Increasing geriatric population
- 3.2.1.2. Increasing prevalence of obesity and diabetes
- 3.2.1.3. Shift towards minimally invasive prostatic procedures
- 3.2.2. Market restraint analysis
- 3.2.2.1. High cost of the treatment
- 3.2.2.2. Strict government regulations
- 3.3. Benign Prostatic Hyperplasia (BPH) Treatment Device Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Supplier power
- 3.3.1.2. Buyer power
- 3.3.1.3. Substitution threat
- 3.3.1.4. Threat of new entrant
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Technological landscape
- 3.3.2.3. Economic landscape
- 3.3.3. Covid-19 Impact Analysis
Chapter 4. Benign Prostatic Hyperplasia (BPH) Treatment Device Market: Treatment Estimates & Trend Analysis
- 4.1. Definitions and Scope
- 4.1.1. Minimal Invasive Surgery
- 4.1.2. Invasive Surgery
- 4.2. Treatment Market Share, 2018 & 2030
- 4.3. Segment Dashboard
- 4.4. Global Benign Prostatic Hyperplasia (BPH) Treatment Market by Treatment Outlook
- 4.5. Market Size & Forecasts and Trend Analyses, 2023 to 2030 for the following
- 4.5.1. Minimal Invasive Surgery
- 4.5.1.1. Minimal invasive surgery market estimates and forecast 2018 to 2030 (USD Million)
- 4.5.2. Invasive Surgery
- 4.5.2.1. Invasive surgery market estimates and forecast 2018 to 2030s, (USD Million)
Chapter 5. Benign Prostatic Hyperplasia (BPH) Treatment Device Market: Procedure Estimates & Trend Analysis
- 5.1. Definitions and Scope
- 5.1.1. Transurethral Microwave Thermotherapy
- 5.1.2. Transurethral Needle Ablation of the Prostate
- 5.1.3. Prostatic Urethral Lift
- 5.1.4. Water Vapor Therapy
- 5.1.5. Robot-Assisted Laparoscopic Prostatectomy
- 5.1.6. Prostate Laser Surgery
- 5.1.7. Aquablation Therapy
- 5.1.8. Prostatic Artery Embolization
- 5.1.9. Open Prostatectomy
- 5.1.10. Transurethral Resection of the Prostate
- 5.1.11. Bipolar Enucleation of Prostate
- 5.1.12. Transurethral Incision of the Prostate
- 5.1.13. High-Intensity Focused Ultrasound
- 5.2. Procedure Market Share, 2018 & 2030
- 5.3. Segment Dashboard
- 5.4. Global Benign Prostatic Hyperplasia (BPH) Treatment Device Market by Procedure Outlook
- 5.5. Market Size & Forecasts and Trend Analyses, 2023 to 2030 for the following
- 5.5.1. Transurethral Microwave Thermotherapy
- 5.5.1.1. Transurethral microwave thermotherapy market estimates and forecast 2018 to 2030 (USD Million)
- 5.5.2. Transurethral Needle Ablation of the Prostate
- 5.5.2.1. Transurethral needle ablation of the prostate market estimates and forecast 2018 to 2030 (USD Million
- 5.5.3. Prostatic Urethral Lift
- 5.5.3.1. Prostatic urethral lift market estimates and forecast 2018 to 2030 (USD Million)
- 5.5.4. Water Vapour Therapy
- 5.5.4.1. Water vapour therapy market estimates and forecast 2018 to 2030 (USD Million)
- 5.5.5. Robot-Assisted Laparoscopic Prostatectomy
- 5.5.5.1. Robot-assisted laparoscopic prostatectomy market estimates and forecast 2018 to 2030 (USD Million)
- 5.5.6. Prostate Laser Surgery
- 5.5.6.1. Prostate laser surgery market estimates and forecast 2018 to 2030 (USD Million)
- 5.5.7. Aquablation Therapy
- 5.5.7.1. Aquablation therapy market estimates and forecast 2018 to 2030 (USD Million)
- 5.5.8. Prostatic Artery Embolization
- 5.5.8.1. Prostatic artery embolization market estimates and forecast 2018 to 2030 (USD Million)
- 5.5.9. Open Prostatectomy
- 5.5.9.1. Open prostatectomy market estimates and forecast 2018 to 2030 (USD Million)
- 5.5.10. Transurethral Resection of the Prostate
- 5.5.10.1. Transurethral resection of the prostate market estimates and forecast 2018 to 2030 (USD Million)
- 5.5.11. Bipolar Enucleation of Prostate
- 5.5.11.1. Bipolar enucleation of prostate market estimates and forecast 2018 to 2030 (USD Million)
- 5.5.12. Transurethral Incision of the Prostate
- 5.5.12.1. Transurethral incision of the prostate market estimates and forecast 2018 to 2030 (USD Million)
- 5.5.13. High-Intensity Focused Ultrasound
- 5.5.13.1. High-intensity focused ultrasound market estimates and forecast 2018 to 2030 (USD Million)
Chapter 6. Benign Prostatic Hyperplasia (BPH) Treatment Device Market: Product Estimates & Trend Analysis
- 6.1. Definitions and Scope
- 6.1.1. Resectoscopes
- 6.1.2. Urology Laser
- 6.1.3. Radiofrequency Ablation
- 6.1.4. Electrodes
- 6.1.5. Catheter
- 6.1.6. Prostatic Stents
- 6.1.7. Implants
- 6.1.8. Others
- 6.2. Product Market Share, 2018 & 2030
- 6.3. Segment Dashboard
- 6.4. Global Benign Prostatic Hyperplasia (BPH) Treatment Device Market by Product Outlook
- 6.5. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 6.5.1. Resectoscopes
- 6.5.1.1. Resectoscopes market estimates and forecast 2018 to 2030 (USD Million)
- 6.5.2. Urology Laser
- 6.5.2.1. Urology laser market estimates and forecast 2018 to 2030 (USD Million)
- 6.5.3. Radiofrequency Ablation
- 6.5.3.1. Radiofrequency ablation market estimates and forecast 2018 to 2030 (USD Million)
- 6.5.4. Electrodes
- 6.5.4.1. Electrodes market estimates and forecast 2018 to 2030 (USD Million)
- 6.5.5. Catheter
- 6.5.5.1. Catheter market estimates and forecast 2018 to 2030 (USD Million)
- 6.5.6. Prostatic Stents
- 6.5.6.1. Prostatic stents market estimates and forecast 2018 to 2030 (USD Million)
- 6.5.7. Implants
- 6.5.7.1. Implants market estimates and forecast 2018 to 2030 (USD Million)
- 6.5.8. Others
- 6.5.8.1. Others market estimates and forecast 2018 to 2030 (USD Million)
Chapter 7. Benign Prostatic Hyperplasia (BPH) Treatment Device Market: End-use Estimates & Trend Analysis
- 7.1. Definitions and Scope
- 7.1.1. Hospitals
- 7.1.2. Specialty Facilities
- 7.1.3. Research and Academic Institute
- 7.2. End-use Market Share, 2018 & 2030
- 7.3. Segment Dashboard
- 7.4. Global Benign Prostatic Hyperplasia (BPH) Treatment Device by End-use Outlook
- 7.5. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
- 7.5.1. Hospitals
- 7.5.1.1. Hospitals market estimates and forecast 2018 to 2030 (USD Million)
- 7.5.2. Specialty facilities
- 7.5.2.1. Specialty facilities market estimates and forecast 2018 to 2030 (USD Million)
- 7.5.3. Research and Academic Institute
- 7.5.3.1. Research and academic institute market estimates and forecast 2018 to 2030 (USD Million)
Chapter 8. Benign Prostatic Hyperplasia (BPH) Treatment Device Market: Regional Estimates & Trend Analysis
- 8.1. Regional Market Share Analysis, 2018 & 2030
- 8.2. Regional Market Dashboard
- 8.3. Global Regional Market Snapshot
- 8.4. Market Size, & Forecasts Trend Analysis, 2023 to 2030:
- 8.5. North America
- 8.5.1. U.S.
- 8.5.1.1. U.S. market estimates and forecast, 2018 - 2030 (USD Million)
- 8.5.2. Canada
- 8.5.2.1. Canada market estimates and forecast, 2018 - 2030 (USD Million)
- 8.6. Europe
- 8.6.1. UK
- 8.6.1.1. UK market estimates and forecast, 2018 - 2030 (USD Million)
- 8.6.2. Germany
- 8.6.2.1. Germany market estimates and forecast, 2018 - 2030 (USD Million)
- 8.6.3. France
- 8.6.3.1. France market estimates and forecast, 2018 - 2030 (USD Million)
- 8.6.4. Italy
- 8.6.4.1. Italy market estimates and forecast, 2018 - 2030 (USD Million)
- 8.6.5. Spain
- 8.6.5.1. Spain market estimates and forecast, 2018 - 2030 (USD Million)
- 8.6.6. Norway
- 8.6.6.1. Norway market estimates and forecast, 2018 - 2030 (USD Million)
- 8.6.7. Sweden
- 8.6.7.1. Sweden market estimates and forecast, 2018 - 2030 (USD Million)
- 8.6.8. Denmark
- 8.6.8.1. Denmark market estimates and forecast, 2018 - 2030 (USD Million)
- 8.7. Asia Pacific
- 8.7.1. Japan
- 8.7.1.1. Japan market estimates and forecast, 2018 - 2030 (USD Million)
- 8.7.2. China
- 8.7.2.1. China market estimates and forecast, 2018 - 2030 (USD Million)
- 8.7.3. India
- 8.7.3.1. India market estimates and forecast, 2018 - 2030 (USD Million)
- 8.7.4. Australia
- 8.7.4.1. Australia market estimates and forecast, 2018 - 2030 (USD Million)
- 8.7.5. South Korea
- 8.7.5.1. South Korea market estimates and forecast, 2018 - 2030 (USD Million)
- 8.7.6. Thailand
- 8.7.6.1. Thailand market estimates and forecast, 2018 - 2030 (USD Million)
- 8.8. Latin America
- 8.8.1. Brazil
- 8.8.1.1. Brazil market estimates and forecast, 2018 - 2030 (USD Million)
- 8.8.2. Mexico
- 8.8.2.1. Mexico market estimates and forecast, 2018 - 2030 (USD Million)
- 8.8.3. Argentina
- 8.8.3.1. Argentina market estimates and forecast, 2018 - 2030 (USD Million)
- 8.9. MEA
- 8.9.1. South Africa
- 8.9.1.1. South Africa market estimates and forecast, 2018 - 2030 (USD Million)
- 8.9.2. Saudi Arabia
- 8.9.2.1. Saudi Arabia market estimates and forecast, 2018 - 2030 (USD Million)
- 8.9.3. UAE
- 8.9.3.1. UAE market estimates and forecast, 2018 - 2030 (USD Million)
- 8.9.4. Kuwait
- 8.9.4.1. Kuwait market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 9. Competitive Landscape
- 9.1. Recent Developments & Impact Analysis, By Key Market Participants
- 9.2. Company/Competition Categorization
- 9.3. Vendor Landscape
- 9.3.1. List of key distributors and channel partners
- 9.3.2. Key customers
- 9.3.3. Key company market share analysis, 2022
- 9.3.4. Karl Storz
- 9.3.4.1. Company overview
- 9.3.4.2. Financial performance
- 9.3.4.3. Product benchmarking
- 9.3.4.4. Strategic initiatives
- 9.3.5. Boston Scientific Corporation
- 9.3.5.1. Company overview
- 9.3.5.2. Financial performance
- 9.3.5.3. Product benchmarking
- 9.3.5.4. Strategic initiatives
- 9.3.6. Olympus America
- 9.3.6.1. Company overview
- 9.3.6.2. Financial performance
- 9.3.6.3. Product benchmarking
- 9.3.6.4. Strategic initiatives
- 9.3.7. Endo Pharmaceuticals Inc.
- 9.3.7.1. Company overview
- 9.3.7.2. Financial performance
- 9.3.7.3. Product benchmarking
- 9.3.7.4. Strategic initiatives
- 9.3.8. Biolitec AG
- 9.3.8.1. Company overview
- 9.3.8.2. Financial performance
- 9.3.8.3. Product benchmarking
- 9.3.8.4. Strategic initiatives
- 9.3.9. Medifocus
- 9.3.9.1. Company overview
- 9.3.9.2. Financial performance
- 9.3.9.3. Product benchmarking
- 9.3.9.4. Strategic initiatives
- 9.3.10. Cook Medical
- 9.3.10.1. Company overview
- 9.3.10.2. Financial performance
- 9.3.10.3. Product benchmarking
- 9.3.10.4. Strategic initiatives
- 9.3.11. Teleflex Incorporated
- 9.3.11.1. Company overview
- 9.3.11.2. Financial performance
- 9.3.11.3. Product benchmarking
- 9.3.11.4. Strategic initiatives
- 9.3.12. Urotronic
- 9.3.12.1. Company overview
- 9.3.12.2. Financial performance
- 9.3.12.3. Product benchmarking
- 9.3.12.4. Strategic initiatives
- 9.3.13. Coloplast Corp
- 9.3.13.1. Company overview
- 9.3.13.2. Financial performance
- 9.3.13.3. Product benchmarking
- 9.3.13.4. Strategic initiatives
- 9.3.14. Richard Wolf GmbH
- 9.3.14.1. Company overview
- 9.3.14.2. Financial performance
- 9.3.14.3. Product benchmarking
- 9.3.14.4. Strategic initiatives
- 9.3.15. PROCEPT BioRobotics Corporation
- 9.3.15.1. Company overview
- 9.3.15.2. Financial performance
- 9.3.15.3. Product benchmarking
- 9.3.15.4. Strategic initiatives