Product Description
Overall, the global BPH treatment device market was valued at over $1.0 billion in 2024. This is expected to increase over the forecast period at a CAGR of 5.1% to reach over $1.4 billion.
The full report suite on the global market for benign prostatic hyperplasia (BPH) treatment devices includes transurethral resection of the prostate (TURP), laser BPH, UroLift® and Rezum® segments. The TURP market is further segmented into monopolar and bipolar electrodes. The laser BPH market includes high-power holmium equipment and dedicated fiber, as well as thulium equipment and fiber segments. The UroLift® and Rezum® markets are defined by consumables required for each procedure.
MARKET REPORT DATA TYPES INCLUDED
- Unit Sales, Average Selling Prices, Market Size & Growth Trends
- Procedure Numbers
- Market Drivers & Limiters
- Market Forecasts Until 2031, and Historical Data to 2021
- Recent Mergers & Acquisitions
- Company Profiles and Product Portfolios
- Leading Competitors
GLOBAL BPH TREATMENT DEVICE MARKET TRENDS
The primary limiter of the BPH treatment device market is the increasing use of pharmaceutical treatments. In 2024, over 90% of BPH patients received drug therapy treatment over interventional methods.
GLOBAL BPH TREATMENT DEVICE MARKET SHARE INSIGHTS
- Teleflex was the leading competitor in the BPH treatment device market for 2024. The company’s position in the overall market is solely attributed to its presence in the UroLift® market, where it was the only player.
- Boston Scientific was the second-leading competitor in the BPH treatment device market in 2024. The company held the dominant leading position in the laser BPH market and a monopolistic position in the Rezūm® market. Boston Scientific competes in the Holmium laser BPH market with VersaPulse™ PowerSuite™ Holmium laser systems and Lumenis Pulse™ series of high-powered Holmium lasers (100 and 120 watts). In September 2021, Boston Scientific announced the close of its acquisition of the global surgical business of Lumenis.
- Olympus was the third-leading competitor in the BPH treatment device market in 2024. The company’s position in the overall market is attributed to its strong position in the TURP and laser BPH markets. Olympus’ PlasmaButton™ Vaporization Electrode vaporizes unwanted tissues while simultaneously coagulating healthy tissues. In 2018, Olympus invested in the Israeli medical device company, Medi-Tates, which specializes in BPH treatment. As part of the agreement, Olympus gained exclusive rights to market Medi-Tate’s product in certain regions. Medi-Tates develops iTind® (Temporarily Implanted Nitinol Device) treatment.
GLOBAL BPH TREATMENT DEVICE MARKET SEGMENTATION SUMMARY
- TURP Market – Further Segmented Into:
- Device Type: Monopolar Electrode, and Bipolar Electrode
- Laser BPH Market – Further Segmented Into:
- Device Type: Equipment (Holmium & Thulium), and Fiber (Holmium & Thulium)
- UroLift®
- Rezūm®
GLOBAL RESEARCH SCOPE
Report Attribute | Details |
---|---|
Regions | North America (Canada, United States) Latin America (Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Guatemala, Mexico, Panama, Paraguay, Peru, Puerto Rico, Uruguay, Venezuela) Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, United Kingdom) Central & Eastern Europe (Azerbaijan, Baltic States, Belarus, Bulgaria, Croatia, Czech Republic, Georgia, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey, Ukraine) Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates) Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Kyrgyzstan, Macao, Malaysia, Mongolia, Myanmar, New Zealand, Pakistan, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand, Uzbekistan, Vietnam) Africa (Algeria, Egypt, Ethiopia, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda) |
Base Year | 2024 |
Forecast | 2025-2031 |
Historical Data | 2021-2023 |
Quantitative Coverage | Procedure Numbers, Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices. |
Qualitative Coverage | COVID19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews. |
Data Sources | Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database. |
This MedCore is also found in the full report suite titled Urology Market which contains several other extremities medical device markets.