Transurethral Resection of The Prostate Market, Spurred by Growing Patient Awareness & Improving APAC Infrastructure, Predicted to Post Solid Growth Till 2022.
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The Transurethral Resection of The Prostate Market (TURP) deals with the development of a surgical method to expel any extra presence of the prostate organ which hinders the normal urination process. Across the world, improvement of advanced medical technologies like continuous-flow instruments, video & bipolar TURP procedure., rising awareness among patients with regards to TURP surgery, expanding government initiatives all over the globe, and growing reports of lower urinary tract ailments are the prime development drivers of the Transurethral Resection of The Prostate Market.
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Scope & Regional Forecast of the Transurethral Resection of The Prostate Market
Growing embrace of the TURP operation in rapidly-developing economies like China and India is expected to open up new growth opportunities for the Transurethral Resection of The Prostate Market. On the other hand, higher cost of undertaking R&D efforts, the high expenses involved in transurethral resection as well as subsequent TURP recovery and easy accessibility of other treatment alternatives like microwave and ultrasound are the key limitations for the Transurethral Resection of The Prostate Market.
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Geographically, North America holds the highest share in the Transurethral Resection of The Prostate Market, with roughly 150,000 individuals in the U.S. undergoing transurethral resection of the prostate consistently in light of good medical insurance options and major innovation in TURP recovery.
Asia Pacific is anticipated to register the quickest development, because of a quickly expanding population of the old and elderly, rise in reports of urinary tract diseases, growth in patient awareness, positive government policies, modernization of medical infrastructure, and the presence of a vibrant medical tourism industry in developing nations like India and China.
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Segmentations & Key Players Involved in the Transurethral Resection of The Prostate Market
The Transurethral Resection of The Prostate Market can be broken down into various segmentations on the basis of -
- Devices: Resectoscopes, Catheters and Resectoscopes Electrodes, Monopolar Electrodes, Bipolar Electrodes, Grooved Roller Turp Electrodes and Straight Cutting Loop Turp Electrodes.
- Geography: Europe, Asia-Pacific, North America and Rest of the World.
Some of the key players involved in the Transurethral Resection of The Prostate Market are as follows:
- Degania Silicone Ltd
- Limbs & Things Ltd
- Olympus Corporation
- Richard Wolf
- Boston Scientific Corporation
Why get this report?
* The overall market has been consolidated from the perspective of different geographic locations and key economies for this market.
* Identifies growth sectors and factors driving or constraining the market.
* The market is analyzed based on the key attributes such as the power in the hands of producers and consumers, analysis on the degree of competition, and threats from substitutes and new entrants.
* The study includes the demand of this particular market on a global and regional scale for a six year period of 2016 - 2022, to assess how the market will develop.
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