Transurethral Resection of the Prostate (TURP) Market Definition
Transurethral resection of the prostate (TURP) is a surgical procedure to remove excess part of the prostate gland which obstructs normal urine flow According to the American Urological Association, 15 million men in the United States are symptomatic to BPH and in the approximately 150,000 people have TURPs performed each year. This increasing number of prostate surgeries has increased the market growth of TURP.
The market study is broken down, by Application (Hospital, Clinic and Laboratory) and major geographies with country level splits.
KARL STORZ GmbH & Co. KG.(Germany), Degania Silicone Ltd (Israel), Limbs & Things Ltd (United Kingdom), Olympus Corporation (Japan), Richard Wolf (United States), Boston Scientific Corporation, Ace Medical Devices (India), Biolitec (Germany) and Convergent Laser Technologies (United States) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Transurethral Resection of the Prostate (TURP) market by Type, Application and Region.
On the basis of geography, the market of Transurethral Resection of the Prostate (TURP) has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by , the sub-segment i.e. will boost the Transurethral Resection of the Prostate (TURP) market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Trend for Bipolar TURP and Video-TURP
- Rising Awareness Among People Regarding TURP
- Growing Prevalence of Lower Urinary Tract Diseases such as BPH And BPO
- Medical Reimbursement Facilities and Government Initiatives Across The Globe
- Increasing Investment in Research and Development
- Globally Increasing Elderly Population
- Higher Cost of Transurethral Resection of The Prostate Surgery
- Risks and Potential Complications
- Availability Alternative Treatment Options such as Microwave or Radio Waves
About ApproachThe research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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