Global BPH Treatment Market to Hit $3.38 Billion by 2032
The global Benign Prostatic Hyperplasia (BPH) treatment market
is poised for significant expansion over the next decade. According to recent
market analysis, the BPH treatment market was valued at USD 1.57 billion in 2023
and is projected to reach USD 3.38 billion by 2032,
growing at a compound
annual growth rate (CAGR) of 8.92% during the forecast period
from 2024 to
2032.
Get Free Sample Report on Benign
Prostatic Hyperplasia (BPH) Treatment Market
https://www.snsinsider.com/sample-request/5954
This robust
market growth is attributed to the rising prevalence of prostate-related
disorders among aging male populations, growing awareness about early diagnosis
and treatment options, and the advancement of minimally invasive and
pharmacological treatment modalities.
Understanding
Benign Prostatic Hyperplasia (BPH)
Benign Prostatic Hyperplasia, commonly referred to as an
enlarged prostate, is a non-cancerous condition that affects a large percentage
of men over the age of 50. It is characterized by the proliferation of prostate
gland cells, which can impede the flow of urine and lead to lower urinary tract
symptoms (LUTS) such as frequent urination, nocturia, weak stream, and
incomplete bladder emptying.
While BPH is not life-threatening, it can severely impact
quality of life if left untreated. The increasing geriatric male population
worldwide has been a driving force behind the demand for effective and accessible
BPH treatments.
Market
Drivers
1. Aging Global Population
One of the most significant contributors to market growth is
the global demographic shift toward older populations. According to the World
Health Organization (WHO), by 2030, 1 in 6 people in the world will be aged 60
years or older. With BPH prevalence closely correlated with age, this trend is
expected to create a sustained demand for both diagnostic and treatment
solutions.
2. Rising Awareness and Early Diagnosis
Public awareness campaigns and improved access to healthcare
are leading to earlier diagnosis and treatment of BPH. As men become more
proactive about their health, especially concerning urological and sexual
health, the market is expected to see increased uptake of medications and
therapies.
3. Technological Advancements in Minimally Invasive Surgery
The market is witnessing a significant shift toward minimally
invasive surgical procedures such as UroLift System,
Rezum
Water Vapor Therapy, and laser-based therapies. These
innovations offer shorter recovery times, fewer complications, and high
efficacy, making them increasingly popular over traditional surgical methods
like TURP (Transurethral Resection of the Prostate).
Key
Segments
By Treatment
·
Minimal
Invasive Surgery
·
Invasive Surgery
By Procedure
·
Transurethral
Resection of the Prostate
·
Prostate Laser
Surgery
·
Transurethral
Microwave Thermotherapy
·
Transurethral
Needle Ablation of the Prostate
·
Prostatic
Urethral Lift
·
Water Vapor
Therapy
·
Robot-Assisted
Laparoscopic Prostatectomy
·
Aquablation
Therapy
·
Prostatic
Artery Embolization
·
Open
Prostatectomy
·
Bipolar
Enucleation of Prostate
·
Transurethral
Incision of the Prostate
·
High-Intensity
Focused Ultrasound
By Product
·
Resectoscopes
·
Urology Laser
·
Radiofrequency
Ablation
·
Electrodes
·
Catheters
·
Prostatic Stents
·
Implants
·
Others
By End-use
·
Hospitals
·
Specialty
Facilities
·
Research and
Manufacturing
Key Players and Their Products in the Benign Prostatic
Hyperplasia (BPH) Treatment Market
·
Karl Storz – Resectoscopes,
Urology Laser Systems, Bipolar Electrodes
·
Boston
Scientific Corporation – Rezūm Water Vapor Therapy, GreenLight
Laser Therapy System, SpaceOAR Hydrogel
·
Olympus America
– Plasma-OvalButton, UES-40 SurgMaster,
THUNDERBEAT System
·
Endo
Pharmaceuticals Inc. – Aveed, Xiaflex (used for urological
conditions)
·
biolitec AG – Leonardo Laser
Systems, LIFE Laser Therapy
·
Medifocus – Prolieve
Thermodilatation System
·
Cook Medical – Resonance
Ureteral Stents, Flexor Ureteral Access Sheath
·
Teleflex
Incorporated – UroLift System
·
Urotronic – Optilume BPH
Catheter System
·
Coloplast Corp
– Titan Inflatable Penile Prosthesis (used
in urology), Self-Cath Catheters
·
Richard Wolf
GmbH – System green Laser, Morcellation Systems
·
PROCEPT
BioRobotics Corporation – AquaBeam Robotic System (Aquablation
Therapy)
Future Outlook
With the aging male population on the rise and increasing
access to both diagnosis and treatment options, the BPH treatment market is
expected to see sustained and dynamic growth. The emphasis is clearly shifting
toward less
invasive and more effective treatments,
which bodes well for innovation and patient outcomes.
Additionally, the combination of drug therapy with digital
health monitoring tools is expected to open new opportunities, enabling better
tracking of symptoms and improving patient adherence to prescribed treatments.
About US
SNS Insider is one of the leading market research and consulting
agencies that dominates the market research industry globally. Our company's
aim is to give clients the knowledge they require in order to function in
changing circumstances. In order to give you current, accurate market data,
consumer insights, and opinions so that you can make decisions with confidence,
we employ a variety of techniques, including surveys, video talks, and focus
groups around the world.
Contact Us:
Jagney Dave - Vice President of Client Engagement
Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)
Comments
Post a Comment