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2021
Laser Bph Devices Market

Laser BPH Devices Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

A11209
Pages: NA
Dec 2021 | 174 Views
   
Author(s) : Onkar Sumant
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COVID-19

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Benign prostatic hyperplasia (BPH) is a condition where the prostate gets enlargement, is a noncancerous increase in the size of the prostate gland. Symptoms may include frequent urination, trouble starting to urinate, weak stream, inability to urinate, or loss of bladder control. During prostate laser surgery, the doctor inserts a scope through the tip of the penis into the tube that carries urine from the bladder (urethra). The prostate surrounds the urethra. The laser is passed through the scope delivers energy that shrinks or removes excess tissue that is preventing urine flow. These use concentrated light to generate precise and intense heat. There are several different types of prostate laser surgery, including Photoselective vaporization of the prostate (PVP), Holmium laser ablation of the prostate (HoLAP), and Holmium laser enucleation of the prostate (HoLEP).

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value (USD)

  Segments covered

  Product, Medium base, Application, End User and Region

  Geographies covered

North America (U.S. and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa

  Companies covered

Major players analyzed include Endo Pharmaceuticals Inc., KARL STORZ SE & Co. KG, Lumenis, LISA Laser USA, Medifocus, ProArc Medical, Teleflex Incorporated, Boston Scientific Corporation, BioLitec AG, and Olympus Winter & IBE GMBH,


COVID-19 scenario analysis:

The growth in the need for various equipment, which can be used in the management of the infected people has been emerged due to the outbreak of COVID-19. The various devices which can be used to help in the primary clinical treatment include atomizer, life-support machine, oxygen generator, and monitor. The surge in the demand for the personal protective equipment has been observed drastically in the current scenario. These include masks, gloves, and protective eyeglasses. With rise in number of COVID-19 cases, the need for medical supplies keeps on boosting among, both from healthcare professionals and civil population for taking all the precautionary measures. The main advantage can be taken by the manufacturers of these products, who have a chance to capitalize this increased demand of medical supplies to ensure adequate and continuous supply of personal protective equipment in the market.

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

The major factors driving the Laser BPH Devices market include the rise in the number of geriatrics, and the increase in the awareness programs amongst the physicians and the patients regarding the necessity to avail the benefits of the Laser BPH devices for the treatment is anticipated to propel the marker growth in the forecast period. Furthermore, the increase in the adoption of the minimally invasive procedures to ensure quicker recovery would help the industry grow. The rise in the investment over the technological advancements of the devices is also expected to boost the Laser BPH devices market in the near future. However, the higher cost of the BPH treatment may impede the growth of the industry in the commenced period.

New product advancements to flourish the market

In October 2015, Israeli medical device firm Lumenis had launched the new Pulse 100H and Pulse 50H laser systems, which are designed to treat benign prostatic hyperplasia (BPH) and stones. Pulse 100H, the next generation of the VersaPulse PowerSuite 100W system, is developed in order to treat a wide range of clinical urologic indications, including BPH, stones, tumors or strictures.

The system will also be used to treat other specialties such as general surgery, ENT, gynecology and pulmonary surgery. It allows users to carry out holmium laser enucleation of the prostate (HoLEP), the gold standard treatment for BPH and stone dusting. The launch of the new products which are designed according to the demand posed by the Laser BPH Devices market would help the company to gain maximum attention and hence boost the industry in the forecast period.

Surge in mergers and acquisitions to boost the market

In November 2018, Olympus, which is a global technology leader in designing and delivering innovative solutions for medical and surgical procedures, among other core businesses, announced it entered into a final agreement with Medi-Tate Ltd., which is an Israeli-based medical device manufacturer engaged in the R&D, production and sale of devices for the treatment of Benign Prostatic Hyperplasia (BPH). The investment will allow Olympus to strengthen its support in urology through expanded options in enhanced patient care, with complementary offerings to its already robust BPH portfolio.

In May 2019, Lumenis Ltd., which is the world’s largest energy-based medical device company for surgical, aesthetic and ophthalmic applications, today announced the release of new clinical evidence of the advantages of lithotripsy treatment of benign prostatic hyperplasia (BPH) using MOSES Technology.  For BPH, MOSES Technology had recently been added to Holmium Laser Enucleation of the Prostate (HoLEP), a procedure long recognized as the gold standard treatment for any prostate size, with exceptional long-term durability compared to other minimally invasive options.

Key segments covered:

Segments

Sub-segments

  Product

  • Argon
  • Carbon Dioxide Laser
  • Diode Laser
  • Others

  Medium Base

  • Gas
  • Liquid
  • Solid

  Modality

  • Table Top
  • Fixed
  • Trolley Mounted

  Application

  • Holmium Laser Enucleation Of The Prostate (Holep)
  • Holmium Laser Ablation Of The Prostate (Holap)
  • Photoselective Vaporization Of The Prostate (PVP)

  End User

  • Ambulatory Surgical Centers (ASC)
  • Hospitals
  • Urology Centers
  • Others

 

Key benefits of the report:

  • This study presents the analytical depiction of the global Laser BPH Devices industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Laser BPH Devices market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the Laser BPH Devices market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the Laser BPH Devices market.
  • The report provides a detailed global market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the Laser BPH Devices Market research report:

  • Who are the leading market players active in the Laser BPH Devices market?
  • What are the current trends will influence the Laser BPH Devices market in the next few years?
  • What are the driving factors, restraints, and opportunities in the Laser BPH Devices market?
  • What are the projections for the future that would help in tasking further strategic steps?
 
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