Published on : Sep 18, 2019
Albany, New York, September 18, 2019: Benign prostatic hyperplasia is the medical condition of Prostate Gland enlargement, observed in men. Its major symptoms are troubled urination, loose control on urinary bladder and inability to pass urine. Incremental cases of BPH (Benign Prostatic Hyperplasia) across the globe have paved the way for the BPH treatment market to flourish. A study on BPR treatment market specifies that its value in 2018 was ?US$7.4Bn, while it predicts ?6% expansion in CAGR from 2019 to 2027.
Intelligence report, titled, “Benign Prostatic Hyperplasia Treatment Market – Global Industry Analysis, Size, Share, Growth. Trends, and Forecast, 2019 -2027” provides all the stated insights. It has been recently added to the growing repository of Market Research Hub (MRH).
BPH is prevalent in 40-plus age
Erectile dysfunction, growing age and metabolic syndrome which are few of the causes of BPH are more prevalent in 40-plus men. Moreover, burgeoning geriatric population is also contributing massively in the patient pool. According to WHO, global geriatric population will potentially reach ~2 billion by 2050, thereby accounting for 22% of the population on earth. Further, Benign prostatic hyperplasia has affected over 8 million Americans.
Relevant drugs and surgeries
Growing awareness and acceptance of BPH has reinforced growth in BPH treatment market. The treatment involves drugs and surgeries. Alpha-blockers, 5 alpha reductase inhibitor, phosphodiesterase -5 enzyme inhibitors are the leading drugs. Alpha blockers are highly efficient and prominent in drug class. Transurethral resection of prostate ((TURP) is the most preferred surgical approach.
North America leads in BPH treatment
North America has witnessed surge in healthcare budget with soaring traction for BPH treatment. In addition, highly structured health care industry has instilled confidence among prominent players in North America market The benign prostatic hyperplasia treatment market is flooded with pre-eminent companies. Few of the prominent names are Pfizer, Abbott, Boston Scientific Corporation and Olympus Corporation.
Benign Prostatic Hyperplasia treatment market: Report Synopsis
Quantitative and qualitative assessment exhort intelligence and overarching report on the Benign Prostatic Hyperplasia treatment market. Further, the report thoroughly delineates various aspects of the market that will potentially have considerable influence on the development of the Benign Prostatic Hyperplasia treatment market. As such, those aspects incorporate drivers, trends, restraints, and opportunities. Furthermore, the report elucidates segregation of the market that provides an exhaustive analysis on Benign Prostatic Hyperplasia Treatment.
An insightful and deep-dive assessment of the competitive assessment of the Benign Prostatic Hyperplasia treatment market pins hope on Porters’ Five Force Analysis. Accordingly, the Porters’ Five Force Analysis offers a pressing analysis on the potential strategies of the preeminent players in the Benign Prostatic Hyperplasia treatment market. In addition, the business strategies counts on company overview, product portfolio, SWOT analysis, key differentiation and recent development.
Benign Prostatic Hyperplasia treatment market: Research Methodology
Primary sources and secondary sources propel intelligence report on Benign Prostatic Hyperplasia treatment market that provide deep dive analysis on the market. As such, the report provides reliable and unbiased projections, and assessments which have palpable impact on the market size and historical data. Besides, the report also counts on primary sources which hinges upon in-depth and intelligent analysis from well-grounded and reliable experts, telephonic interview, and a thorough assessment from surveys and seasoned analyst.
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