Benign Prostatic Hyperplasia Devices Market to grow with a Healthy CAGR, Forecast 2021 – 2028 | Key Players – KARL STORZ SE & Co. KG, Olympus Corporation, Richard Wolf GmbH
The Benign Prostatic Hyperplasia Devices Market research report delivered by Data Bridge Market research gives the market division dependent on type, market size, Product dispatches and applications. It distinguishes the worldwide reception of the items as one of the development factors, driven by the accessibility of the item. The worldwide examination report gives the concise synopsis of the main players working on the lookout, their item offering, key turns of events, ventures practicality and returns. This Benign Prostatic Hyperplasia Devices Market report which is result of a definitive commitment of industry specialists, has a bounty of information that can benefit anyone, paying little mind to their business or scholarly interest.
Global benign prostatic hyperplasia devices market is expected to reach at a CAGR of 12.2% in the forecast period of 2019 to 2026.
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Competitive Analysis:
Some of the major players operating in this market are KARL STORZ SE & Co. KG, Olympus Corporation, Richard Wolf GmbH, Lumenis, Urologix, LLC, Boston Scientific Corporation, Coloplast Corp, LISA Laser Products GmbH, Medifocus, Inc., Coloplast Corp, Teleflex Incorporated, Urotech Devices, BD, PROCEPT BioRobotics Corporation, Biolitec AG and others.
Focus of the report:
The report focuses to provide all the insights of the Benign Prostatic Hyperplasia Devices Market along with all CAGR values and the market shares analysis of all the players in the market. The report is a vital piece of information on the market which explains all the competitive landscape and all the segments in the market while analyzing and forecasting the Benign Prostatic Hyperplasia Devices Market for the coming years. The report also provides all details in terms of recent developments in the market and all the manufacturers.
The Benign Prostatic Hyperplasia Devices Market report gives an inside and out investigation of the market as far as income and developing business sector patterns. This statistical surveying report likewise incorporates state-of-the-art examination and gauge for different market sections and all geographic districts including North America, South America, Asia and Pacific Region, Middle east and Africa and Europe. The report additionally includes the income; industry size, share, creation volume, and utilization to acquire experiences about the governmental issues and tussle of dealing with an enormous piece of the portion of the overall industry.
This Benign Prostatic Hyperplasia Devices Market report gives a significant wellspring of wise for business tacticians and serious examination of the worldwide market. It gives industry outline the development examination and advanced expense. This Benign Prostatic Hyperplasia Devices Market research report guides you to conquer the forthcoming deterrents in the business. Different Analytic instruments like SWOT examination, Porters five power investigation, PESTLE Analysis are used to acquire the important data of the market. Eventually, research report gives an exhaustive information which improves the agreement, extension and use of the report.
Market Trends:
Global benign prostatic hyperplasia devices market is segmented based on procedure type, end user.
On the basis of procedure type, the market is segmented into transurethral resection of the prostate (TURP), prostatic urethral lift, prostatectomy, laser surgery, transurethral microwave therapy (TUMT), transurethral needle ablation of the prostate (TUNA), prostatic stenting/implants and others. Laser surgery is sub-segmented into holmium lasers, green light laser/PVP and thulium laser based devices. The others segment is sub-segmented into water-induced thermotherapy, high-intensity frequency ultrasound (HIFU), prostatic artery embolization (PAE) and others. In 2019, transurethral resection of the prostate (TURP) segment is projected to lead with 25.1% market shares, whereas prostatic urethral lift segment will attend the highest CAGR of 13.1% in the forecast period of 2019 to 2026.
On the basis of end user, the market is segmented into hospitals and clinics and ambulatory surgical centers. In 2019, hospitals and clinics segment is projected to lead with 77.9% market shares and will attend the highest CAGR of 12.5% in the forecast period of 2019 to 2026.
Table of Contents:
- Introduction
- Market Segmentation
- Market Overview
- Executive Summary
- Premium Insights
- By Component
- Product Type
- Delivery
- Industry Type
- Geography
- Overview
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
- Company Landscape
- Company Profiles
- Related Reports
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Market Developments:
In February 2019, Coloplast Corp, has signed a three-year group purchasing agreement for general urological products with Premier, Inc. (U.S.). This agreement helps the company in distributing their products by Premier, Inc. This will help in further expansion of the market.
In January 2019, Richard Wolf GmbH presented the innovative system solutions at ARAB HEALTH from 28th January to 31st January for minimally invasive human medicines. This would help in enhancing the customer base of the company.
In November 2018, Teleflex Incorporated’s subsidiary Neotract, Inc. (U.S.) received clearance from the Ministry of Health, Labor and Welfare (MHLW) in Japan. This regulatory approval will act as a landmark for NeoTract, as this will permit the UroLift system as an alternative to physicians who treats BPH in Japan. This will offer the company to generate more revenue.
In November 2018, Olympus Corporation announced its investment in the Israeli based company with Medi-Tate Ltd., a manufacturer of minimally invasive benign prostatic hyperplasia devices. This investment allowed the company to strengthen its support in the urology with expanded options in the enhanced patient care along with complementary offerings to the robust BPH portfolio.
In November 2018, Karl Storz installed a hybrid operating room at Tungs Taichung MetroHarbor Hospital in Taiwan. This can be used as a room for minimally invasive surgery, one for robotic surgery and ORs for critical and acute care. This strategy would help in enhancing the customer base of the company.
In September 2018, Boston Scientific acquired a privately-held company Augmenix, Inc. (U.S.). Augmenix, Inc. has developed a specially designed system SpaceOAR System for the therapy used to ease common and unbearable side effects of prostate cancer radiotherapy. The acquisition will strengthen the company’s market positioning and the SpaceOAR hydrogel is a vital addition the prostate health treatment products.
Key Insights in the report:
- Historical and current market size and projection up to 2028
- Market trends impacting the growth of the global taste modulators market
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- Trends of key regional and country-level markets for processes, derivative, and application
- Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis
Key Benefits of Buying the Report
The report identifies and addresses the key markets for Benign Prostatic Hyperplasia Devices Market operations and services, which would help equipment manufacturers and service providers review the growth in demand.
The report helps system providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.
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The report will help key players understand the strategies of their competitors better and help the min making better strategic decisions.
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