The benign prostatic hyperplasia (BPH) prostate treatment market is anticipated to be worth US$ 33,031.10 million in 2024. The market is expected to grow at a steady rate over the period from 2024 to 2034, with a CAGR of 3.6%. By the end of the forecast period, the market value is predicted to hit US$ 47,045.80 million.
Attributes | Details |
---|---|
Benign Prostatic Hyperplasia (BPH) Prostate Treatment Market Value for 2024 | US$ 33,031.10 million |
Projected Market Value for 2034 | US$ 47,045.80 million |
Value-based CAGR of Market for 2024 to 2034 | 3.6% |
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Drugs continue to be the preferred treatment type for BPH. Institutional sales top the distribution channel segment.
For 2024, drugs are expected to account for 65.2% of the market share by treatment type. Some of the key drivers for the increasing use of drugs in BPH treatment are:
Attributes | Details |
---|---|
Top Treatment Type | Drugs |
Market Share (2024) | 65.2% |
Institutional sales are anticipated to account for 64.7% of the market share in 2024. Some of the key drivers for the progress of institutional sales include:
Attributes | Details |
---|---|
Top Distribution Channel | Institutional Sales |
Market Share (2024) | 64.7% |
The increasing geriatric population is contributing to the market’s acceleration in North America. The presence of a wide variety of treatments is also propelling the benign prostatic hyperplasia (BPH) prostate treatment industry in North America.
Advancement of research institutions is lending a helping hand to the progress of the market in the region. The focus on the technological development of healthcare companies in the region is making sure BPH treatment keeps up with the times in Europe.
Countries | CAGR |
---|---|
United States | 4.0% |
Canada | 3.1% |
United Kingdom | 3.7% |
France | 3.3% |
Italy | 3.5% |
The market is set to register a CAGR of 4.0% in the United States for the forecast period. The key drivers for growth are:
The CAGR for the benign prostatic hyperplasia (BPH) prostate treatment market in Canada is tipped to be 3.1% over the forecast period. Some of the key factors driving the growth are:
The CAGR for the benign prostatic hyperplasia (BPH) prostate treatment market in the United Kingdom is tipped to be 3.7% over the forecast period. Some of the key factors driving the growth are:
The market is expected to register a CAGR of 3.3% in France for the forecast period. Some of the key trends include:
The market is expected to register a CAGR of 3.5% in Italy over the forecast period. Some of the key trends include:
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The benign prostatic hyperplasia (BPH) prostate treatment market is competitive, though a few companies are prominent in the market. One of the well-established companies in the market is Pfizer Inc., who are concentrated on expansion through its alpha-blockers range.
Other players in the market are implementing strategies such as acquisitions and mergers to get a competitive edge. Research and development are also given importance by these market players.
Recent Developments in the Benign Prostatic Hyperplasia (BPH) Prostate Treatment Market
The benign prostatic hyperplasia (BPH) prostate treatment market size is expected to be worth US$ 33,031.10 million in 2024.
The benign prostatic hyperplasia (BPH) prostate treatment market is estimated to get as big as US$ 47,045.80 million in 2034.
The CAGR of the benign prostatic hyperplasia (BPH) prostate treatment market during the 2024 to 2034 period in the United States is estimated to be 4.0%.
The benign prostatic hyperplasia (BPH) prostate treatment market can be divided into the following segments: treatment type and distribution channel.
The benign prostatic hyperplasia (BPH) prostate treatment market is expected to grow at a CAGR of 3.6% over the period from 2024 to 2034.
Pfizer Inc., NxThera Inc., NeoTract Inc., and Sanofi S.A. are some of the key companies in the benign prostatic hyperplasia (BPH) prostate treatment Market.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
4.1. Historical Market Size Value (US$ Million) Analysis, 2019 to 2023
4.2. Current and Future Market Size Value (US$ Million) Projections, 2024 to 2034
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Treatment Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) Analysis By Treatment Type, 2019 to 2023
5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Treatment Type, 2024 to 2034
5.3.1. BPH Drugs
5.3.1.1. Alpha Blockers
5.3.1.2. 5-Aplha Reductase Inhibitors
5.3.1.3. Phosphodiesterase-5 (PDE-5) Inhibitors
5.3.1.4. Muscarinic Receptor Antagonist (MRA)
5.3.1.5. Combination Drug
5.3.2. BPH Devices
5.3.2.1. Prostatic Stents
5.3.2.2. Suture Base Implant Systems
5.3.2.3. Transurethral RF Thermal Therapy Devices
5.4. Y-o-Y Growth Trend Analysis By Treatment Type, 2019 to 2023
5.5. Absolute $ Opportunity Analysis By Treatment Type, 2024 to 2034
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Distribution Channel
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) Analysis By Distribution Channel, 2019 to 2023
6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Distribution Channel, 2024 to 2034
6.3.1. Institutional Sales
6.3.1.1. Hospitals
6.3.1.2. Ambulatory Surgical Centres
6.3.1.3. Specialty Clinics
6.3.2. Retail Sales
6.3.2.1. Retail Pharmacies
6.3.2.2. Drug Stores
6.3.3. Online Pharmacies
6.4. Y-o-Y Growth Trend Analysis By Distribution Channel, 2019 to 2023
6.5. Absolute $ Opportunity Analysis By Distribution Channel, 2024 to 2034
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Million) Analysis By Region, 2019 to 2023
7.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2024 to 2034
7.3.1. North America
7.3.2. Latin America
7.3.3. Western Europe
7.3.4. Eastern Europe
7.3.5. South Asia and Pacific
7.3.6. East Asia
7.3.7. Middle East and Africa
7.4. Market Attractiveness Analysis By Region
8. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
8.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
8.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
8.2.1. By Country
8.2.1.1. USA
8.2.1.2. Canada
8.2.2. By Treatment Type
8.2.3. By Distribution Channel
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Treatment Type
8.3.3. By Distribution Channel
8.4. Key Takeaways
9. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Treatment Type
9.2.3. By Distribution Channel
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Treatment Type
9.3.3. By Distribution Channel
9.4. Key Takeaways
10. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. UK
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Western Europe
10.2.2. By Treatment Type
10.2.3. By Distribution Channel
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Treatment Type
10.3.3. By Distribution Channel
10.4. Key Takeaways
11. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
11.2.1. By Country
11.2.1.1. Poland
11.2.1.2. Russia
11.2.1.3. Czech Republic
11.2.1.4. Romania
11.2.1.5. Rest of Eastern Europe
11.2.2. By Treatment Type
11.2.3. By Distribution Channel
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Treatment Type
11.3.3. By Distribution Channel
11.4. Key Takeaways
12. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
12.2.1. By Country
12.2.1.1. India
12.2.1.2. Bangladesh
12.2.1.3. Australia
12.2.1.4. New Zealand
12.2.1.5. Rest of South Asia and Pacific
12.2.2. By Treatment Type
12.2.3. By Distribution Channel
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Treatment Type
12.3.3. By Distribution Channel
12.4. Key Takeaways
13. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
13.2.1. By Country
13.2.1.1. China
13.2.1.2. Japan
13.2.1.3. South Korea
13.2.2. By Treatment Type
13.2.3. By Distribution Channel
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Treatment Type
13.3.3. By Distribution Channel
13.4. Key Takeaways
14. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
14.2.1. By Country
14.2.1.1. GCC Countries
14.2.1.2. South Africa
14.2.1.3. Israel
14.2.1.4. Rest of MEA
14.2.2. By Treatment Type
14.2.3. By Distribution Channel
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Treatment Type
14.3.3. By Distribution Channel
14.4. Key Takeaways
15. Key Countries Market Analysis
15.1. USA
15.1.1. Market Share Analysis, 2023
15.1.1.1. By Treatment Type
15.1.1.2. By Distribution Channel
15.2. Canada
15.2.1. Market Share Analysis, 2023
15.2.1.1. By Treatment Type
15.2.1.2. By Distribution Channel
15.3. Brazil
15.3.1. Market Share Analysis, 2023
15.3.1.1. By Treatment Type
15.3.1.2. By Distribution Channel
15.4. Mexico
15.4.1. Market Share Analysis, 2023
15.4.1.1. By Treatment Type
15.4.1.2. By Distribution Channel
15.5. Germany
15.5.1. Market Share Analysis, 2023
15.5.1.1. By Treatment Type
15.5.1.2. By Distribution Channel
15.6. UK
15.6.1. Market Share Analysis, 2023
15.6.1.1. By Treatment Type
15.6.1.2. By Distribution Channel
15.7. France
15.7.1. Market Share Analysis, 2023
15.7.1.1. By Treatment Type
15.7.1.2. By Distribution Channel
15.8. Spain
15.8.1. Market Share Analysis, 2023
15.8.1.1. By Treatment Type
15.8.1.2. By Distribution Channel
15.9. Italy
15.9.1. Market Share Analysis, 2023
15.9.1.1. By Treatment Type
15.9.1.2. By Distribution Channel
15.10. Poland
15.10.1. Market Share Analysis, 2023
15.10.1.1. By Treatment Type
15.10.1.2. By Distribution Channel
15.11. Russia
15.11.1. Market Share Analysis, 2023
15.11.1.1. By Treatment Type
15.11.1.2. By Distribution Channel
15.12. Czech Republic
15.12.1. Market Share Analysis, 2023
15.12.1.1. By Treatment Type
15.12.1.2. By Distribution Channel
15.13. Romania
15.13.1. Market Share Analysis, 2023
15.13.1.1. By Treatment Type
15.13.1.2. By Distribution Channel
15.14. India
15.14.1. Market Share Analysis, 2023
15.14.1.1. By Treatment Type
15.14.1.2. By Distribution Channel
15.15. Bangladesh
15.15.1. Market Share Analysis, 2023
15.15.1.1. By Treatment Type
15.15.1.2. By Distribution Channel
15.16. Australia
15.16.1. Market Share Analysis, 2023
15.16.1.1. By Treatment Type
15.16.1.2. By Distribution Channel
15.17. New Zealand
15.17.1. Market Share Analysis, 2023
15.17.1.1. By Treatment Type
15.17.1.2. By Distribution Channel
15.18. China
15.18.1. Market Share Analysis, 2023
15.18.1.1. By Treatment Type
15.18.1.2. By Distribution Channel
15.19. Japan
15.19.1. Market Share Analysis, 2023
15.19.1.1. By Treatment Type
15.19.1.2. By Distribution Channel
15.20. South Korea
15.20.1. Market Share Analysis, 2023
15.20.1.1. By Treatment Type
15.20.1.2. By Distribution Channel
15.21. GCC Countries
15.21.1. Market Share Analysis, 2023
15.21.1.1. By Treatment Type
15.21.1.2. By Distribution Channel
15.22. South Africa
15.22.1. Market Share Analysis, 2023
15.22.1.1. By Treatment Type
15.22.1.2. By Distribution Channel
15.23. Israel
15.23.1. Market Share Analysis, 2023
15.23.1.1. By Treatment Type
15.23.1.2. By Distribution Channel
16. Market Structure Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
16.3.1. By Regional
16.3.2. By Treatment Type
16.3.3. By Distribution Channel
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. Pfizer Inc.
17.1.1.1. Overview
17.1.1.2. Product Portfolio
17.1.1.3. Profitability by Market Segments
17.1.1.4. Sales Footprint
17.1.1.5. Strategy Overview
17.1.1.5.1. Marketing Strategy
17.1.2. NxThera Inc.
17.1.2.1. Overview
17.1.2.2. Product Portfolio
17.1.2.3. Profitability by Market Segments
17.1.2.4. Sales Footprint
17.1.2.5. Strategy Overview
17.1.2.5.1. Marketing Strategy
17.1.3. NeoTract Inc.
17.1.3.1. Overview
17.1.3.2. Product Portfolio
17.1.3.3. Profitability by Market Segments
17.1.3.4. Sales Footprint
17.1.3.5. Strategy Overview
17.1.3.5.1. Marketing Strategy
17.1.4. Sanofi S.A
17.1.4.1. Overview
17.1.4.2. Product Portfolio
17.1.4.3. Profitability by Market Segments
17.1.4.4. Sales Footprint
17.1.4.5. Strategy Overview
17.1.4.5.1. Marketing Strategy
17.1.5. GlaxoSmithKline Plc.
17.1.5.1. Overview
17.1.5.2. Product Portfolio
17.1.5.3. Profitability by Market Segments
17.1.5.4. Sales Footprint
17.1.5.5. Strategy Overview
17.1.5.5.1. Marketing Strategy
17.1.6. Allergan Plc.
17.1.6.1. Overview
17.1.6.2. Product Portfolio
17.1.6.3. Profitability by Market Segments
17.1.6.4. Sales Footprint
17.1.6.5. Strategy Overview
17.1.6.5.1. Marketing Strategy
17.1.7. Teva Pharmaceutical Industries Ltd.
17.1.7.1. Overview
17.1.7.2. Product Portfolio
17.1.7.3. Profitability by Market Segments
17.1.7.4. Sales Footprint
17.1.7.5. Strategy Overview
17.1.7.5.1. Marketing Strategy
17.1.8. Mylan N.V.
17.1.8.1. Overview
17.1.8.2. Product Portfolio
17.1.8.3. Profitability by Market Segments
17.1.8.4. Sales Footprint
17.1.8.5. Strategy Overview
17.1.8.5.1. Marketing Strategy
17.1.9. Eli Lily & Company
17.1.9.1. Overview
17.1.9.2. Product Portfolio
17.1.9.3. Profitability by Market Segments
17.1.9.4. Sales Footprint
17.1.9.5. Strategy Overview
17.1.9.5.1. Marketing Strategy
17.1.10. Cardinal Health Inc.
17.1.10.1. Overview
17.1.10.2. Product Portfolio
17.1.10.3. Profitability by Market Segments
17.1.10.4. Sales Footprint
17.1.10.5. Strategy Overview
17.1.10.5.1. Marketing Strategy
18. Assumptions & Acronyms Used
19. Research Methodology
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