Prostate Health Market research report by Delvens focuses on primary sections such as – market segments, market outlook, competitive landscape, and company profiles. The segments provide details in terms of various perspectives such as end-use industry, product or service type, and any other relevant segmentation as per the market’s current scenario which includes various aspects to perform further marketing activity.
The global Prostate Health market size is projected to reach USD 48.6 billion by 2026 at a CAGR of 9.1% from USD 31.9 billion in 2021 during the forecast period to 2028.
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Key Players of Prostate Health Market
· Eli Lilly and Company
· Pfizer Inc.
· Merck & Co., Inc.
· GlaxoSmithKline plc.
· Abbott
· Astellas Pharma Inc.
· Abbvie
· Johnson & Johnson Services, Inc. and More
Prostrate is a gland in the human male reproductive system which is shaped like a walnut. It is located below the bladder and surrounds the urethra. Its basic size increase with increasing age but if the increase is more then it may result in the compression of the urethra leading to the non-passage of the urine.
Increased incidents of prostate cancer along with rising problem of obesity are some of the factors that have supported long-term expansion for Prostate Health Market.
Regional Analysis
North America is expected to be the largest market of during the forecast period. The increasing population long with the increased incidents o BPH and prostate cancer and the high disposable income and rapid development in healthcare has led to the expansion of market in the region.
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Recent Developments of Prostate Health Market:
In October 2020, Butterfly Medical received a funding of USD 7 million in a Series B round for the development of an anatomically shaped nitinol implant positioned in the prostatic urethra.
In February 2018, Zenflow a Californian start-up announced a USD 31.4-million Series A financing round to continue its minimally invasive approach to treating BPH.
Prostate Health Market is segmented into Disease Indication and geography.
On the basis of disease indication
· Prostate Cancer
· Benign Prostate Hyperplasia
· 5 Alpha Reductase
· Prostatitis
On the basis of Region
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
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· In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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