PUBLISHER: TechSci Research | PRODUCT CODE: 1914549
PUBLISHER: TechSci Research | PRODUCT CODE: 1914549
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The Global Benign Prostatic Hyperplasia Treatment Devices Market is projected to expand from USD 13.06 Billion in 2025 to USD 17.21 Billion by 2031, registering a CAGR of 4.71%. This market includes a variety of minimally invasive and surgical technologies, such as laser ablation systems, electrosurgical units, and prostatic urethral lift implants, all aiming to relieve lower urinary tract symptoms caused by non-malignant prostate enlargement. Growth is largely driven by a rapidly aging male population and a strong clinical preference for minimally invasive therapies that allow for faster recovery compared to traditional surgeries, ensuring lasting demand independent of fleeting trends.
| Market Overview | |
|---|---|
| Forecast Period | 2027-2031 |
| Market Size 2025 | USD 13.06 Billion |
| Market Size 2031 | USD 17.21 Billion |
| CAGR 2026-2031 | 4.71% |
| Fastest Growing Segment | Minimal Invasive Surgery |
| Largest Market | North America |
However, the market faces a significant obstacle in the form of complex reimbursement structures for new device technologies, which often limit patient access and adoption within budget-conscious healthcare systems. Highlighting the magnitude of this issue, the American Urological Association reported in 2024 that the prevalence of Benign Prostatic Hyperplasia in men aged 65 and older ranged between 29% and 35%. This high prevalence reinforces the critical and increasing need for accessible therapeutic options within the sector.
Market Driver
Technological innovations in robotic-assisted systems and laser ablation are transforming the market by emphasizing precision and faster recovery times. These advancements are rapidly replacing traditional transurethral resections as both clinicians and patients favor automated, tissue-sparing methods that reduce sexual side effects and hospital stays. The financial success of emerging market leaders reflects this shift; for instance, PROCEPT BioRobotics reported a 66% year-over-year revenue increase to $58.4 million in its Third Quarter 2024 Financial Results, driven largely by the strong adoption of its Aquablation robotic systems.
Additionally, the growing global geriatric population serves as a major demographic driver for long-term market growth, due to the link between aging and prostate enlargement. As life expectancy rises, the number of men developing lower urinary tract symptoms increases, creating a need for scalable medical solutions. The United Nations Population Fund's '2024 State of World Population Report' noted that those aged 65 and older constituted 10.3% of the global population in 2024, indicating a major shift in patient density. This demographic trend creates commercial opportunities, as seen in Boston Scientific's February 2025 report, where the Urology segment saw a 12.0% rise in full-year 2024 net sales, confirming rising demand among the elderly.
Market Challenge
The growth of the Global Benign Prostatic Hyperplasia Treatment Devices Market is significantly hindered by a complicated reimbursement environment for innovative technologies, which creates financial hurdles for healthcare providers. New devices frequently launch without established billing codes or favorable insurance coverage, compelling medical facilities to either absorb the costs or navigate unpredictable payment models. This financial uncertainty deters hospitals and urology practices from purchasing expensive equipment, leading them to prefer established, fully reimbursed procedures over newer, potentially more beneficial alternatives.
As a result, urologists experience shrinking profit margins that further limit their capacity to incorporate emerging therapies. According to the American Urological Association in 2024, the Centers for Medicare & Medicaid Services finalized a payment rule reducing the Medicare conversion factor by approximately 2.83 percent for the following year. This cut in reimbursement rates intensifies financial strain on providers, directly restricting their ability to adopt novel BPH treatment devices and impeding overall market growth in cost-sensitive healthcare settings.
Market Trends
The introduction of temporary implantable nitinol devices marks a significant shift toward non-permanent, mechanical reshaping of the prostatic urethra, distinguishing these tools from permanent stents or ablative techniques. Devices such as the iTind system are engineered to remodel the bladder neck while preserving sexual function by avoiding thermal injury or permanent implants, thereby addressing a key quality-of-life concern for patients. This innovative method is gaining commercial momentum as manufacturers expand into key regions; for example, Olympus Corporation reported in August 2024 that its North American revenue rose by 32% year-over-year in the first quarter of fiscal year 2025, a result partly linked to the strategic market development of its iTind device.
Simultaneously, the broad commercialization of water vapor thermal therapy is setting a new benchmark for office-based procedures by using convective steam energy to treat hyperplasia effectively. Unlike robotic or laser enucleation, this modality delivers sterile water vapor into prostate tissue, rapidly dispersing thermal energy to cause cell death without requiring extensive surgical infrastructure. The technology's rapid adoption is driven by its ability to provide lasting symptom relief with short procedure times, contributing to growth for major device companies; Boston Scientific's 'Third Quarter 2024 Financial Results' in October 2024 showed a 10.3% increase in Urology net sales, bolstered by double-digit growth in its prostate health franchise, including the Rezum Water Vapor Therapy system.
Report Scope
In this report, the Global Benign Prostatic Hyperplasia Treatment Devices Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies present in the Global Benign Prostatic Hyperplasia Treatment Devices Market.
Global Benign Prostatic Hyperplasia Treatment Devices Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: