Prostatic Artery Embolization Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

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Prostatic Artery Embolization Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

Status : August, 2020 | Medical Devices | PPT format

Report Digest

Global Prostatic Artery Embolization Market: Overview

Wellness and medical education of men is an important segment within the domain of global healthcare. Prostatic health and disease are amongst the most critical issue surrounding men’s health. September has been declared as the ‘National Prostate Health Month’ across North America. GPs across the US and Canada make efforts to break stigmas around prostate health during this month. Hence, the global prostatic artery embolization market is expected to expand in size and volume of revenues in the years to come.

Majority of the initiatives around prostatic health are aimed at managing and preventing the incidence of prostate cancer. However, prostatic artery embolization, despite being noncancerous, has gathered attention from the masses due to these initiatives.

Sound prostatic health is important for men to lead congenial and healthy lifestyles. The relationship of prostatic health with the mental health of men has been considered by several medical practitioners. Most men fall victim to prostatic diseases and disorders due to contempt and negligence. Doctors and GPs are emphasizing on the need to address prostatic issues with a high level of urgency.

A report on the prostatic artery embolization market uncovers several legible dynamics related to market growth. The global prostatic artery embolization market can be segmented along the following lines: type, application, and region.

Global Prostatic Artery Embolization Market: Notable Developments

As men’s healthcare becomes a key segment of the medical fraternity, the global prostatic artery embolization market is undergoing several key developments.

  • Mentice Group is delving into the modern ways of diagnosing and screening prostate diseases. The company revealed the importance of PAE procedures in prostatic artery embolization. Mentice’s PAE software offers real-time training to radiologists for better diagnosis of prostatic disorders. The global prostatic artery embolization market could invite new investments through the development of PAE-based systems and software.
  • Siemens’ ‘Healthineers’ department approved of the use of catheters for delivery of embolic material during prostatic artery embolization market. This factor has played a key role popularising PAE procedures across various healthcare facilities. As researchers develop a bridge between surgery and medical therapy, the market is set to foray into new dimensions of growth.

Other notable players in the global prostatic artery embolization market are:

  • Tampa General Hospital
  • UNC Health Care
  • Henry Ford
  • Spire Healthcare

Global Prostatic Artery Embolization Market: Growth Drivers

  • Educating and Informing Men about Serious Health Issues

Men are encouraged to consult their GP in case of the slightest doubt about prostatic health. Several promotional campaigns around prostate cancer have been launched by companies such as Pfizer and Janssen. Hence, men have become more aware about rare disorders and diseases such as prostatic artery embolization.

  • Advancements in Urology

Study of prostatic conditions is closely related to the domain of urology. Urologists are quick to offer their feedback on reports of screening and diagnosis tests. This factor has emerged as an important driver of demand within the global prostatic artery embolization market.

Global Prostatic Artery Embolization Market: Regional Outlook

On the basis of regions, the prostatic artery embolization market is segmented into South America, North America, Europe, the Middle East and Africa, and Asia Pacific. PAE technology was conceptualised in Brazil before clinical acceptance across the world. This factor has aided the growth of the prostatic artery embolization market in South America, and partly that of North America.

The global prostatic artery embolization market can be segmented along the following parameters:

By Type

  • Type 1
  • Type 2

By Application

  • Men below 60
  • Men aged 60-85
  • Men older than 85

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.