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Follow on Google News | Elderly Men Creating Huge Requirement for BPH Treatment Drugs and DevicesAs elderly men are highly susceptible to this urinary tract disease, a boom in the geriatric population will drive the BPH treatment market growth during the forecast period (2021–2030).
By: P&S Intelligence Browse In-depth Benign Prostatic Hyperplasia Treatment Market Revenue Forecast Report (https://www.psmarketresearch.com/ According to P&S Intelligence, North America was the largest consumer of BPH treatment drugs and devices in 2020, globally. This is due to the booming geriatric population, which is highly prone to BPH and other diseases related to the lower urinary tract. Moreover, the increasing number of innovations in BPH devices and mounting awareness about urinary tract diseases will also fuel the adoption of BPH treatment solutions in the coming years. Additionally, the high reimbursement coverage being offered by BPH devices producing companies will also augment the usage of these devices in the region in the foreseeable future. Whereas, the Asia-Pacific (APAC) BPH treatment market is expected to showcase the fastest growth during the forecast period, due to the growing aging population, rising cases of BPH and associated disorders, and mounting investments being made in the healthcare sector in the region. As per the United Nations Population Fund (UNFPA), one in every four people in APAC would be above 60 years of age, by 2050. As BPH is extremely common among people above 50 years of age, the surging population of the elderly will give an impetus to the market growth in the region in the forecast years. Therefore, the booming geriatric population and the rising cases of BPH will create a huge requirement for BPH treatment drugs and devices in the upcoming years. End
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