According to a new TMR report, the benign prostatic hyperplasia treatment market is expected to grow at a robust 6% CAGR during 2019 to 2027. Due to rising prostate issues including growth of major issues like prostate cancer, the market will likely reach US 12 billion in valuation by 2027. The new cases of prostate ailments and minimally surgical procedures as well as potency and efficacy of the new drugs will drive growth of the benign prostatic hyperplasia treatment market.
The rise of the disease among middle-aged men is a newly discovered and growing cause of concern in the healthcare sector. Earlier, the disease was mostly linked with age, however, a particular age group of gender, and other factors like low BPH, numerous supporting government grants for research will drive new opportunities for growth in the benign prostatic hyperplasia treatment market.
Additionally, the market is expected to register robust growth in key regions like North America. The surrounding campaigns like national prostate health month, and rising awareness of the disease in the region are expected to create new opportunities for players in the benign prostatic hyperplasia treatment market.
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benign prostatic hyperplasia treatment market infographic
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