Plasma Resectoscope Market

Plasma resectoscope is a specialized medical tool which is used in urological treatments, specifically for the treatment of benign prostatic hyperplasia (BPH). Transurethral resection of the prostate (TURP) is a minimally invasive surgery that uses cutting-edge plasma energy technology to accurately remove extra prostate tissue. The plasma resectoscope has a thin and flexible tube with a cutting loop or electrode that uses plasma energy to vaporize and coagulate prostate tissue, thereby relieving urinary problems which are brought on by an enlarged prostate. With the help of the plasma resectoscope, lesions in the bladder, prostate, or urethra can be electrosurgically removed through the urethra.

Market Dynamics:

Increasing incidence of benign prostatic hyperplasia (BPH) continues to fuel growth of the global plasma resectoscope market over the forecast period. The plasma resectoscope market is significantly influenced by the rising prevalence of BPH which is a common ailment in older men that is marked by prostate gland enlargement. In September 2022, according to an article published by Heighten Science Publications Inc, a digital publishing journal,  benign prostrate hyperplasia (BPH) affects around 50% of men in India by the age of 60. The prostate is the second most common site of cancer in males in large Indian cities such as Delhi, Kolkata, Pune, and Thiruvananthapuram, and the third most common site of cancer in areas such as Bangalore and Mumbai.

Product innovation and technological progress  continues to fuel growth of the global plasma resectoscope market over the forecast period. The market for plasma resectoscopes is expanding as a result of ongoing technological developments and product innovations. The development of additional urological procedures will create new opportunities for the global plasma resectoscope market over the forecast period. Devices called plasma resectoscope can be used to treat urethral strictures, bladder tumors, and other urological disorders.

The high cost of plasma resectoscope procedures is expected to hamper growth of the global plasma resectoscope market over the forecast period.

Key features of the study:

• This report provides in-depth analysis of the global plasma resectoscope market, and provides market size (US$ Mn ) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global plasma resectoscope market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

• Key companies covered as a part of this study include Olympus Corporation, KARL STORZ SE & Co. KG, Richard Wolf GmbH, Stryker Corporation, Orion Medical Technologies, Ethicon (Johnson & Johnson), Lasermed Co., Ltd., Boston Scientific Corporation, Cook Medical, Bissinger Medizintechnik, and Dornier MedTech., Ayush Surgical Co., Advin Health Care
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

• Global plasma resectoscope market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global plasma resectoscope market

Global Plasma Resectoscope Market Detailed Segmentation:

• By Product Type:
  • Monopolar Plasma Resectoscope
  • Bipolar Plasma Resectoscope
• By Application:
  • Transurethral Resection of the Prostate (TURP)
  • Bladder Tumor Resection
  • Urethral Stricture Resection
  • Others
• By End User:
  • Hospitals
  • Ambulatory Surgery Centers
  • Specialty Clinics
  • Others
• By Distribution Channel:
  • Direct Sales
  • Distributor Sales
• By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Company Profile:

• Olympus Corporation
• KARL STORZ SE & Co. KG
• Richard Wolf GmbH
• Stryker Corporation
• Orion Medical Technologies
• Ethicon (Johnson & Johnson)
• Lasermed Co., Ltd.
• Boston Scientific Corporation
• Cook Medical
• Bissinger Medizintechnik
• Dornier MedTech.
• Advin Health Care
• Ayush Surgical Co.