Laser BPH Devices Market Expected to Grow at 5.2% CAGR, Reaching $765.4 Million by 2031

The global laser BPH devices market has demonstrated steady growth, with a valuation of $460.3 million in 2021 and a projected surge to $765.4 million by 2031, boasting a significant CAGR of 5.2% from 2022 to 2031. These insights have been derived from an in-depth analysis conducted by Allied Market Research, a prominent leader in market research and consulting.

Benign Prostatic Hyperplasia (BPH) poses a significant health concern, particularly among the geriatric population. As individuals age, the prostate gland tends to enlarge, leading to BPH. This condition, prevalent primarily in individuals over the age of 50, can result in various urinary problems due to obstruction of the bladder and urethra. The rise in the geriatric population globally is expected to drive the prevalence of BPH. For instance, according to the U.S. Census Bureau, adults aged 65 and older accounted for 16.9% of the nation's population in December 2021, a figure projected to rise to 85.7 million by 2050. Similarly, the World Health Organization (WHO) projects a significant increase in the global population aged 60 years and over by 2050. These demographic trends underscore the growing need for effective treatment options, thereby driving the laser BPH devices market.


𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐨𝐫 𝐒𝐚𝐦𝐩𝐥𝐞: https://www.alliedmarketresearch.com/request-sample/A11209


Factors that drive the growth of the laser BPH devices market size include rise in number of product launches and product approvals for laser BPH devices and increase in number of geriatric populations. For instance, in July 2020, Lumenis Ltd., the world's largest energy-based medical device company for aesthetic, surgical and ophthalmic procedures, announced the launch of MOSES 2.0 holmium laser technology to treat benign prostatic hyperplasia. In addition, as geriatric population is more susceptible to benign prostatic hyperplasia, this factor is anticipated to drive the laser BPH devices market growth. For instance, in 2019, the World Health Organization (WHO) estimated that 703 million people aged 65 and up lived globally. By 2050, the number of elderly people is expected to increase to 1.5 billion.

Laser BPH devices market trends incudes the rise in the prevalence of benign prostatic hyperplasia. For instance, according to report shared by The Lancet Article, in 2019, approximately 94 million population is suffering from benign prostatic hyperplasia over the globe. In addition, as per the same source, it was reported that, in North America around 51,90,000 population is suffering from benign prostatic hyperplasia in 2019. Moreover, the cases were approximately increased by 68% from year 2000. Thus, this factor is anticipated to drive the demand for different laser BPH devices such as holmium laser, thulium laser, green light laser and others which includes diode laser, ND: YAG laser, KTP/Nd: YAG laser.


𝐄𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/A11209


𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐟𝐨𝐫 𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬:

➤ Quantitative analysis of market segments, trends, and dynamics from 2021 to 2031 to identify opportunities.

➤ Insights into key drivers, restraints, and opportunities shaping the market landscape.

➤ Porter's five forces analysis aiding stakeholders in making informed business decisions.

➤ In-depth analysis of market segmentation to determine prevailing opportunities.

➤ Mapping of major countries based on revenue contribution.

➤ Market player positioning for benchmarking and understanding market dynamics.

➤ Analysis of regional and global trends, key players, market segments, and growth strategies.


𝐋𝐚𝐬𝐞𝐫 𝐁𝐏𝐇 𝐃𝐞𝐯𝐢𝐜𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞 𝐁𝐲 2031: 𝐔𝐒𝐃 765.4 𝐦𝐢𝐥𝐥𝐢𝐨𝐧
𝐆𝐫𝐨𝐰𝐭𝐡 𝐑𝐚𝐭𝐞: 𝐂𝐀𝐆𝐑 𝐨𝐟 5.2%
𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐩𝐞𝐫𝐢𝐨𝐝: 2021 - 2031
𝐑𝐞𝐩𝐨𝐫𝐭 𝐏𝐚𝐠𝐞𝐬: 239


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


𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧: https://www.alliedmarketresearch.com/request-for-customization/A11209


𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

● Boston Scientific Corporation

● Richard Wolf GmbH

● Teleflex Incorporated

● Coloplast

● Endo Pharmaceuticals Inc.

● Biolitec AG

● Metrum Cryoflex

● Agiliti Health, Inc.

● HealthTronics, Inc.

● OmniGuide

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:

David Correa

Portland, OR, United States

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𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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