Albany, NY -- (SBWIRE) -- 09/24/2019 -- Benign prostatic hyperplasia is the medical condition of Prostate Gland enlargement, observed in men. Its major symptoms are troubled urination, loose control on urinary bladder and inability to pass urine. Incremental cases of BPH (Benign Prostatic Hyperplasia) across the globe have paved the way for the BPH treatment market to flourish. A study on BPR treatment market specifies that its value in 2018 was ?US$7.4Bn, while it predicts ?6% expansion in CAGR from 2019 to 2027.
Intelligence report, titled, "Benign Prostatic Hyperplasia Treatment Market – Global Industry Analysis, Size, Share, Growth. Trends, and Forecast, 2019 -2027" provides all the stated insights. It has been recently added to the growing repository of Market Research Hub (MRH).
BPH is prevalent in 40-plus age
Erectile dysfunction, growing age and metabolic syndrome which are few of the causes of BPH are more prevalent in 40-plus men. Moreover, burgeoning geriatric population is also contributing massively in the patient pool. According to WHO, global geriatric population will potentially reach ~2 billion by 2050, thereby accounting for 22% of the population on earth. Further, Benign prostatic hyperplasia has affected over 8 million Americans.
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Relevant drugs and surgeries
Growing awareness and acceptance of BPH has reinforced growth in BPH treatment market. The treatment involves drugs and surgeries. Alpha-blockers, 5 alpha reductase inhibitor, phosphodiesterase -5 enzyme inhibitors are the leading drugs. Alpha blockers are highly efficient and prominent in drug class. Transurethral resection of prostate ((TURP) is the most preferred surgical approach.
North America leads in BPH treatment
North America has witnessed surge in healthcare budget with soaring traction for BPH treatment. In addition, highly structured health care industry has instilled confidence among prominent players in North America market The benign prostatic hyperplasia treatment market is flooded with pre-eminent companies. Few of the prominent names are Pfizer, Abbott, Boston Scientific Corporation and Olympus Corporation.
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Benign Prostatic Hyperplasia treatment market: Report Synopsis
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Benign Prostatic Hyperplasia treatment market: Research Methodology
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