Middle East and Africa Benign Prostatic Hyperplasia Devices Market, By Procedure Type (Transurethral Resection of the Prostate (TURP), Prostatic Urethral Lift (PUL), Prostatectomy, Laser Surgery, Transurethral Microwave Therapy (TUMT), Transurethral Needle Ablation of the Prostate (TUNA), Prostatic Stenting/Implants, Others), End User (Hospitals and Clinics, Ambulatory Surgical Centers, Others), Country (United Arab Emirates, Saudi Arabia, Israel, South Africa, Egypt, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Middle East and Africa Benign Prostatic Hyperplasia Devices Market
Data Bridge Market Research analyses that the Middle East and Africa benign prostatic hyperplasia devices market to be growing at CAGR of 11.0% in the forecast period of 2021-2028.
Benign prostatic hyperplasia (BPH) is defined as a non-cancerous enlargement of prostate gland. Benign prostatic hypertrophy is also called benign prostatic obstruction or benign prostatic hypertrophy. It is a condition that mostly occurs in men. The prostate gland typically goes through two major growth stages as man ages. The first phase occurs at the onset of puberty, when the prostate gland doubles in size, while the second phase of growth occurs around age 25 and continues for most of a man's life. BPH usually develop with the second stage of growth.
The rise in the prevalence of benign prostatic hyperplasia amongst men along with increasing risk factors will cushion the demand for advanced medical devices and act as major drivers influencing the growth of benign prostatic hyperplasia devices market. Furthermore, surge in the demand for minimally invasive treatment, rise in the number geriatric population and developments associated with innovate and advanced BPH treatment devices are the factors that will enhance the growth of benign prostatic hyperplasia devices market. Also, growing popularity of robotic assistance surgical techniques and presence of favourable reimbursement facilities will accelerate the market growth rate.
Moreover, rising healthcare sector in emerging economies and technological advancement related with benign prostatic hyperplasia devices will create beneficial opportunities for the market growth.
However, high cost associated with benign prostatic hyperplasia devices and side effects related with the BPH medications act as market restraints that will obstruct the market growth. Less awareness about prostate health among men and product recalls will further challenge the benign prostatic hyperplasia devices market.
Middle East and Africa benign prostatic hyperplasia devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Middle East and Africa benign prostatic hyperplasia devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Middle East and Africa Benign Prostatic Hyperplasia Devices Market Scope and Market Size
Middle East and Africa benign prostatic hyperplasia devices market is segmented on the basis of procedure type and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of procedure type, the benign prostatic hyperplasia devices market is segmented into transurethral resection of the prostate (TURP), prostatic urethral lift (PUL), prostatectomy, laser surgery, transurethral microwave therapy (TUMT), transurethral needle ablation of the prostate (TUNA), prostatic stenting/implants and others. The others have been further sub-segmented into high-intensity frequency ultrasound (HIFU), water-induced thermotherapy, prostatic artery embolization (PAE) and others.
- On the basis of end user, the benign prostatic hyperplasia devices market is bifurcated into hospitals and clinics, ambulatory surgical centers and others.
Middle East and Africa Benign Prostatic Hyperplasia Devices Market Country Level Analysis
Middle East and Africa benign prostatic hyperplasia devices market is analysed and market size insights and trends are provided by country, procedure type and end user as referenced above.
The countries covered in Middle East and Africa benign prostatic hyperplasia devices market report are United Arab Emirates, Saudi Arabia, Israel, South Africa, Egypt, Rest of Middle East and Africa.
The country section of the Middle East and Africa benign prostatic hyperplasia devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
The Middle East and Africa benign prostatic hyperplasia devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for Middle East and Africa benign prostatic hyperplasia devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the Middle East and Africa benign prostatic hyperplasia devices market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Middle East and Africa Benign Prostatic Hyperplasia Devices Market Share Analysis
Middle East and Africa benign prostatic hyperplasia devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Middle East and Africa benign prostatic hyperplasia devices market.
The major players covered in the Middle East and Africa benign prostatic hyperplasia devices market report are KARL STORZ, OmniGuide Holdings, Inc., Olympus Corporation, Richard Wolf GmbH, Lumenis, Urologix, LLC, Boston Scientific Corporation, Coloplast Corp, Medifocus Inc., biolitec AG, Teleflex Incorporated, Urotech Devices, BD, PROCEPT BioRobotics Corporation, among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
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