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Global Laser BPH Devices Market to reach USD 690.51 million by the end of 2029.

Global Laser BPH Devices Market Size study & Forecast, by Type (Holmium laser, Thulium laser, Green light laser, Others), by Procedure (Photoselective Vaporisation of the Prostate, Holmium laser ablation of the prostate), by End-User (Hospitals, Clinics, Others) and Regional Analysis, 2022-2029

Product Code: HLSMDE-23849346
Publish Date: 17-04-2023
Page: 200

Global Laser BPH Devices Market is valued at approximately USD 460.3 million in 2021 and is anticipated to grow with a healthy growth rate of more than 5.2% over the forecast period 2022-2029. Laser BPH Devices refer to medical devices used for treatment of Benign prostatic hyperplasia (BPH). Benign prostatic hyperplasia (BPH), also called enlargement of the prostate gland is a common health problem that affects elder adults. Its symptoms include blocking urine flow from the bladder because of an enlarged prostate gland. It also results in issues with the kidneys, bladder, as well as urinary system. Although the intensity of symptoms varies among those with enlarged prostate glands, and largely get worse over time. The increasing incidence of benign prostatic hyperplasia (BPH) and growing geriatric population are key factors driving the market growth.

The rising number of geriatric individuals is contributing towards the growth of the Global Laser BPH Devices market, as aging individuals are at high risk of developing benign prostatic hyperplasia (BPH). For instance – according to the World Bank Group, the world’s old population was 727 million in 2020, and it is predicted to treble over the next three decades, reaching 1.5 billion in 2050. Furthermore, as per World Economic Forum (WEF) estimates – as of 2019, in Japan around one-third population is over 65, and around 2.3 billion people are in their 70s. Also, rising preference towards minimally invasive procedures and growing healthcare infrastructure in developing regions would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of Laser BPH Devices stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Laser BPH Devices Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the presence of leading market players as well as rise in the number of individuals suffering from benign prostatic hyperplasia. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising geriatric and target populations, and growing healthcare infrastructure in the region.

Major market players included in this report are:
Boston Scientific Corporation
Metrum Cryoflex
Richard Wolf GmbH
Biolitec AG
Agiliti Health, Inc.
HealthTronics, Inc.
Endo Pharmaceuticals Inc.
Teleflex Incorporated

Recent Developments in the Market:
Ø In July 2020, Lumenis Ltd., one of the leading medical device companies for aesthetic, surgical and ophthalmic applications, launched its new MOSES 2.0, platform for urology care. This new platform demonstrates up to 85% greater stone ablation in lithotripsy procedures and same-day discharge, and also offers catheter-free procedures for BPH.

Global Laser BPH Devices Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, procedure, End-User, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type
Holmium laser
Thulium laser
Green light laser

By Procedure
Photoselective Vaporisation of the Prostate
Holmium laser ablation of the prostate

By End User

By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
1.2.1. Laser BPH Devices Market, by Region, 2019-2029 (USD Million)
1.2.2. Laser BPH Devices Market, by Type, 2019-2029 (USD Million)
1.2.3. Laser BPH Devices Market, by Procedure, 2019-2029 (USD Million)
1.2.4. Laser BPH Devices Market, by End-User, 2019-2029 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Laser BPH Devices Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Laser BPH Devices Market Dynamics
3.1. Laser BPH Devices Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Increasing incidence of benign prostatic hyperplasia (BPH) Growing Geriatric Population
3.1.2. Market Challenges High Cost associated with Laser BPH Devices
3.1.3. Market Opportunities Rising preference towards minimally invasive procedures Growing healthcare infrastructure in developing regions
Chapter 4. Global Laser BPH Devices Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Laser BPH Devices Market, by Type
6.1. Market Snapshot
6.2. Global Laser BPH Devices Market by Type, Performance – Potential Analysis
6.3. Global Laser BPH Devices Market Estimates & Forecasts by Type 2019-2029 (USD Million)
6.4. Laser BPH Devices Market, Sub Segment Analysis
6.4.1. Holmium laser
6.4.2. Thulium laser
6.4.3. Green light laser
6.4.4. Others
Chapter 7. Global Laser BPH Devices Market, by Procedure
7.1. Market Snapshot
7.2. Global Laser BPH Devices Market by Procedure, Performance – Potential Analysis
7.3. Global Laser BPH Devices Market Estimates & Forecasts by Procedure 2019-2029 (USD Million)
7.4. Laser BPH Devices Market, Sub Segment Analysis
7.4.1. Photoselective Vaporisation of the Prostate
7.4.2. Holmium laser ablation of the prostate
Chapter 8. Global Laser BPH Devices Market, by End-User
8.1. Market Snapshot
8.2. Global Laser BPH Devices Market by End-User, Performance – Potential Analysis
8.3. Global Laser BPH Devices Market Estimates & Forecasts by End-User 2019-2029 (USD Million)
8.4. Laser BPH Devices Market, Sub Segment Analysis
8.4.1. Hospitals
8.4.2. Clinics
8.4.3. Others
Chapter 9. Global Laser BPH Devices Market, Regional Analysis
9.1. Laser BPH Devices Market, Regional Market Snapshot
9.2. North America Laser BPH Devices Market
9.2.1. U.S. Laser BPH Devices Market Type breakdown estimates & forecasts, 2019-2029 Procedure breakdown estimates & forecasts, 2019-2029 End-User breakdown estimates & forecasts, 2019-2029
9.2.2. Canada Laser BPH Devices Market
9.3. Europe Laser BPH Devices Market Snapshot
9.3.1. U.K. Laser BPH Devices Market
9.3.2. Germany Laser BPH Devices Market
9.3.3. France Laser BPH Devices Market
9.3.4. Spain Laser BPH Devices Market
9.3.5. Italy Laser BPH Devices Market
9.3.6. Rest of Europe Laser BPH Devices Market
9.4. Asia-Pacific Laser BPH Devices Market Snapshot
9.4.1. China Laser BPH Devices Market
9.4.2. India Laser BPH Devices Market
9.4.3. Japan Laser BPH Devices Market
9.4.4. Australia Laser BPH Devices Market
9.4.5. South Korea Laser BPH Devices Market
9.4.6. Rest of Asia Pacific Laser BPH Devices Market
9.5. Latin America Laser BPH Devices Market Snapshot
9.5.1. Brazil Laser BPH Devices Market
9.5.2. Mexico Laser BPH Devices Market
9.5.3. Rest of Latin America Laser BPH Devices Market
9.6. Rest of The World Laser BPH Devices Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Boston Scientific Corporation Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
10.2.2. OmniGuide
10.2.3. Metrum Cryoflex
10.2.4. Richard Wolf GmbH
10.2.5. Coloplast
10.2.6. Biolitec AG
10.2.7. Agiliti Health, Inc.
10.2.8. HealthTronics, Inc.
10.2.9. Endo Pharmaceuticals Inc.
10.2.10. Teleflex Incorporated
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
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