The global demand for Prostate Stents Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Prostate Stent is a cylindrical device made of plastic or metal placed into the urethra to treat a condition called prostatic obstruction. The stent enables better urine flow and emptying of the bladder. A stent is placed in position using the endoscopic procedure and sometimes used to treat lower urinary tract infections. Prostate tents are used in prostate cancer patients as well who are not willing to undergo surgery. This can be best suited for high-risk elderly people who prefer minimally invasive procedures. Biodegradable and bioabsorbable stents have become a viable option due to the advancement in the medical community.
Increase in the geriatric population and technologically advanced health care sector will be the major drivers for the growth of this market. A growing number of people with prostate & urological disorders due to changing lifestyles and increased awareness will boost the demand for prostate stents. Rapid urbanisation leading to many people with hormone balances will further propel the growth of this market. Post COVID-19 pandemic this market may witness a surge due to the various side effects being reported by coronavirus patients like hormonal issues. Stringent rules imposed by governments in using these stents and lack of awareness of these treatment methods may hamper the growth of this market during the forecast period.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of prostate stents.
The entire prostate stents market has been sub-categorized into product type, material type and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product Type
By Material Type
By End User
- Specialty Clinics
- Research and Academic Institutes
This section covers regional segmentation which accentuates on current and future demand for prostate stents market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Prostate Stents Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the prostate stents market include Boston Scientific Corporation, Medtronic, Cook Medical, Olympus Corporation, Smith and Nephew, Coloplast Group, Pure Medical Devices, Protek Medical Products, Inc. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.