Prostatic arterial embolization is a relatively new method of treatment for benign prostatic hyperplasia, a common condition among men where the prostate gland swells up and results in constriction of the urinary pathway. This technique of treatment is minimally invasive in nature and hence can be performed by an interventional radiologist rather than a surgeon.
Benign prostatic hyperplasia causes a number of symptoms of the lower urinary tract including loss of bladder control, frequent urination and pain during urination. These severe symptoms require treatment of the condition through either surgical procedures or non-surgical procedures such as prostatic arterial embolization.
The mechanism of action of prostatic arterial embolization involves introducing a catheter into the prostate artery and blocking the arteries that supply blood to the swollen parts of prostate glands, thus shrinking the arteries and eventually curing the prostate disorder.
Prostatic arterial embolization is an alternate technique for the treatment of benign prostatic hyperplasia. The numerous advantages of this treatment method over others, including high efficacy and safety, is a factor estimated to result in a high demand for prostatic arterial embolization in future.
The prostatic arterial embolization market is anticipated to record a considerably high CAGR over the forecast period, i.e., 2019-2027. The market is segmented by product, by end user and by region, out of which, the end user segment is further segmented into hospitals, ambulatory surgical centers and clinics. On the basis of end user, the hospitals segment is anticipated to hold the largest share in the prostatic arterial embolization market on account of growing number of patients in hospitals that are undergoing treatment for enlarged prostate and other urinary disorders.
According to the U.S. Centers for Disease Control and Prevention, about 202,000 visits to the emergency departments of hospitals by men above the age of 65 with various symptoms related to the urinary system were recorded in the U.S. in 2015.
Moreover, the minimally invasive technique of prostatic arterial embolization is highly favorable among men since it can be performed in outpatient departments of hospitals and does not require admission of patients in the hospital for days. This is estimated to significantly impact the market growth during the forecast period. DOWNLOAD SAMPLE REPORT HERE
Incidence of hyperplasia of the prostate was found to rise by 15.94% from 2000 to 2012, with 255.3 cases per 100,000 men among the population of high income countries as suggested by W.H.O. The growing number of cases of this disorder is generating awareness among the male population about the treatments available at medical institutions. This is a major growth factor estimated to drive the growth of prostatic arterial embolization market.
Development of highly effective medical treatments such as prostatic arterial embolization which is a minimally invasive technique is estimated to increase the demand for the technology and products in the market. The safe procedure combined with a faster recovery duration makes it highly desirable among patients, thereby increasing the demand for prostatic arterial embolization. These factors are anticipated to drive the market growth during the forecast period.
‘Post PAE syndrome’ is a side effect associated with prostatic arterial embolization which involves occurrence of symptoms such as fever, nausea, pain and frequent urination for several days after the treatment. This factor, along with a few other side effects of the procedure are estimated to hinder the growth of prostatic arterial embolization market.
Our in-depth analysis of the prostatic arterial embolization market includes the following segments:
On the basis of regional analysis, the prostatic arterial embolization market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
The market in Asia-Pacific region is estimated to witness the highest growth rate in prostatic arterial embolization market during the forecast period. This can be attributed to increased government initiatives for improvement of the medical industry in the region along with growing technological advancements in various treatment techniques in the field of urology.
On the other hand, the market in North America is anticipated to hold the largest share in the market on account of presence of large number of established medical facilities in the region and rising expenditure on healthcare among the population. Increasing awareness about improved diagnostics and treatment procedures is an additional factor estimated to propel the growth of the prostatic arterial embolization market in this region. The growing medical advances and increased revenue in healthcare industry is estimated to increase the growth of the market in the Europe region as well.
The prostatic arterial embolization market is further classified on the basis of region as follows:
Select License Type
Direct access to analyst to help you understand the market in a better way to handle your critical question
Citing your business specific requirement our consultant would assist you ensuring targeted goal is achieved
Get 10% free customization