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Pharmaceutical

Fast-Paced Growth In Use Adoption To Propel Benign Prostatic Hyperplasia Treatment Market Revenue Growth : FactMR

The study on the benign prostatic hyperplasia (BPH) treatment market is an exclusive report published by Fact.MR, which brings to the fore crucial parameters that have been influencing the growth of the market.

The Demand analysis of Benign Prostatic Hyperplasia Treatment Market offers a comprehensive analysis of diverse features, demand, product developments, revenue generation, and sales of Benign Prostatic Hyperplasia Treatment Market across the globe.

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Benign Prostatic Hyperplasia Market – Assessment of Key Segments

Authors of this comprehensive study have classified the BPH treatment market into key segments for an in-depth study of the market. Categorisation of the benign prostatic hyperplasia treatment market is based on treatment type, end user, and region. This detailed study also offers information about the incremental opportunities present in the benign prostatic hyperplasia treatment market during the forecast period. Key segments considered while studying the benign prostatic hyperplasia treatment market include:

Treatment Type
  • Drug Classes
    • Alpha Blockers
    • 5-Alpha-reductase Inhibitors (5-ARIs)
    • Phosphodiesterase-5 Enzyme Inhibitors
    • Others
  • Minimally-invasive Surgeries
    • Transurethral Resection of the Prostate (TURP)
    • Transurethral Incision of the Prostate (TUIP)
    • Robotic Surgeries
    • Transurethral Microwave Thermotherapy (TUMT)
    • Prostatic Urethral Lift
    • Others
  • Laser Therapy
  • Others
End User
  • Hospitals
  • Ambulatory Surgical Centres
  • Specialty Clinics
  • Others
Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

The Market survey of Benign Prostatic Hyperplasia Treatment offers a comprehensive analysis of diverse features, including production capacities analysis of Benign Prostatic Hyperplasia Treatment, demand, product developments, revenue generation, and Size of Benign Prostatic Hyperplasia Treatment Market across the globe.

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Some Notable Offerings by Fact.MR Report on Benign Prostatic Hyperplasia Treatment market:

  • We will provide you an analysis of the extent to which this Benign Prostatic Hyperplasia Treatment market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.
  • We will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.
  • Also, this report will help you to identify any trends to forecast growth rates.
  • The analyzed report will forecast the general tendency for supply and demand.

Some of the Benign Prostatic Hyperplasia Treatment Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides: 

  • Details regarding latest innovations and development in Benign Prostatic Hyperplasia Treatment and how it is gaining customer traction during the forecast period.
  • Analysis about the customer demand of the products and how it is likely to evolve in coming years.
  • Latest regulations enforced by government bodies and local agencies and their impact on Demand of Benign Prostatic Hyperplasia Treatment Market .
  • Insights about adoption of new technologies and its influence on the Benign Prostatic Hyperplasia Treatment market Size.
  • Overview of the impact of COVID-19 on Benign Prostatic Hyperplasia Treatment Market and economic disruptions caused by the pandemic.
  • Evaluates post-pandemic impact on the Sales of Benign Prostatic Hyperplasia Treatment Market during the forecast period.

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After reading the Market insights of Benign Prostatic Hyperplasia Treatment Report, readers can:

  • Understand the drivers, restraints, opportunities and trends affecting the Sales of market.
  • Analyze key regions holding significant share of total Benign Prostatic Hyperplasia Treatment market revenue.
  • Study the growth outlook of Benign Prostatic Hyperplasia Treatment market scenario, including production, consumption, history and forecast.
  • Learn consumption pattern and impact of each end use & supply side analysis of Benign Prostatic Hyperplasia Treatment market.
  • Investigate the recent R&D projects performed by each market player & competitive analysis of Benign Prostatic Hyperplasia Treatment Market Players.

How Fact.MR Assists in Making Strategic Moves For Benign Prostatic Hyperplasia Treatment Market Manufacturer?

  • The data provided in the Benign Prostatic Hyperplasia Treatment market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
  • The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

For More Insights-  https://www.globenewswire.com/news-release/2022/03/09/2400432/0/en/Low-Code-Development-Industry-is-Projected-to-Achieve-a-Global-Market-Size-of-US-187-Bn-by-2032-Currently-US-Accounts-For-the-Largest-Market-Share-in-the-World.html

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Categories
Pharmaceutical

Loss of Patent Exclusivity Creating Lucrative Ground for Generic Drugs in Benign Prostatic Hyperplasia Treatment Market

An exhaustive study published by Fact.MR finds that, transurethral resection of prostate (TURP) surgery is expected to contribute around 30% of market share by 2027, as it is proving highly-effective over drugs for the treatment of benign prostatic hyperplasia (BPH). High success rate of the TURP surgery is encouraging market players to further explore advanced technologies and increase surgical precision. On account of technological leaps, robotic surgery and laser therapy are the most recent breakthroughs in the benign prostatic hyperplasia treatment market, which are being fast-adopted by medical professionals to relieve the symptoms of BPH.

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However, these high-end therapeutics are currently not under the ambit of insurance, resulting in high out-of-pocket spending for patients. To sum it all, the study expects moderate growth of the benign prostatic hyperplasia treatment market during the forecast period (2020-2027).

growth potential of benign prostatic hyperplasia treatment market by treatment

Key Highlights of Benign Prostatic Hyperplasia Treatment Market Study

  • Hospitals will remain key treatment centres, with over 40% revenue contribution to the BPH treatment market during 2020-2027. However, expensiveness of TURP surgeries, lengthy procedures, and long stays in hospitals are diverting patients’ inclination towards specialty clinics.
  • Manufacturers continue to extend efforts towards enhancing product efficacy, which is strengthening the pipeline for BPH treatment with numerous inhibitors and immunotherapies in phase II and phase III trials. This signifies a sustainable supply of branded therapeutics during the forecast period.

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  • The U.S. is projected to account for around 25% of the global BPH treatment market share during 2020-2027, as regional manufacturers gain the early-slice of technology to foster innovation. However, India is projected to grow at the highest rate in the benign prostatic hyperplasia treatment market, on account of relatively low BPH treatment costs that attract a large number of medical tourists.
  • Loss of patent exclusivity of branded drugs is increasing the availability of generic drugs, which prevents the benign prostatic hyperplasia treatment market from reaching its true revenue potential.

A senior consultant at Fact.MR opines, “Manufacturers can target expansions in India and China, as relatively low setup and labour costs would result in reduced price of products, and, in turn, improve the adoption rate of otherwise expensive therapeutics. Also, a large geriatric population in Japan and high prevalence of BPH among men over 50 years are likely to increase market opportunities in this country.”

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Switch from Rx to OTC Drug Status to Remain Crucial for Leading Players to Improve Sales Prospects

Olympus, Teleflex, and Boston Scientific Corporation hold significant share tantamount to 58% in the global benign prostatic hyperplasia treatment market. These leading players have high focus on R&D activities to increase the exclusivity of products and strengthen the pipeline of branded drugs.

However, frequent instances of patent expiration are opening market opportunities for prominent and emerging players, who develop generic drugs and biosimilar products. Low costs of generic drugs as compared to branded ones are creating a wide base of consumers for this drug category. However, the same takes a toll on the market value of branded drugs, which is turning into a concern for leading market players. To offset this challenge, leading manufacturers are changing the status of their branded drugs from prescription-based drugs to OTC to achieve high adoption of their products.

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About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com