Overview:
Prostate cancer treatment have multiple options and surgery is a common form of treatment for the disease. However, people at Stage III and Stage IV have not been highly benefited from this option as it has caused severe side effects like urinary incontinence, impotency and it hasn’t improved life quality in several patients. The minimally invasive surgical techniques for the treatment of prostate cancer are of different types such as brachytherapy, cryosurgery, robotic surgery, and laparoscopy.
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Market Drivers:
Rise in number of research and development activities to find new methods is expected to augment growth of the North America and Europe minimally invasive prostate cancer surgery market during the forecast period. For instance, a team of scientists at Profound Medical in December 2019, reported efficiency of minimally invasive MRI-guided transurethral ultrasound ablation treatment at curing prostate cancer without causing so much of adverse effects.
Market Restraints:
Factors such as adverse effects of prostate cancer surgery such as impotency, urinary incontinence, and reduced life quality are likely to restrain growth of the North America and Europe minimally invasive prostate cancer surgery market over the forecast period.
Market Trends:
Growing stringent clearance procedures on systems of high-intensity ultrasound for ablation of prostate tissue is a rising trend in the market. For instance, the U.S. Food and Drug Administration released new draft guidelines in June 2019 on clinical testing for manufacturers to conduct for such devices according to their special controls.
Key competitors in the North America and Europe minimally invasive prostate cancer surgery market are focusing on research and development activities for novel products in order to strengthen product portfolio. For instance, in Amy 2020, the U.S. Food and Drug Administration (FDA) granted approval to AngioDynamics for its investigational device application for NanoKnife irreversible electroporation study.
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Key Takeaways:
North America and Europe minimally invasive prostate cancer surgery market had a value of US$ 34,960.2 Mn in 2019 and is estimated to be valued at US$ 86,187.4 Mn by 2027 with a CAGR of 11.9% during 2020-2027.
The segment for Monitoring & Visualization among product types is anticipated to witness substantial growth in the North America and Europe minimally invasive prostate cancer surgery market over the forecast period with 40.5% market share due to rise in number of approvals for novel products and investment in R&D activities.
Key Players:
Key players active in the North America and Europe minimally invasive prostate cancer surgery market are Teleflex, Inc., Angiodynamics, Inc., Intuitive Surgical, Inc., Profound Medical, Siemens Healthcare, BSD Medical Corporation, Olympus Corporation, Medtronic Plc, and Ethicon Endo-Surgery, Inc.
Key Developments:
In June 2018, the U.S. Food and Drug Administration granted 510(k) clearance to Edap for its Focal One device developed for ablation process of prostate tissue.
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The next part also sheds light on the gap between supply and consumption. Apart from the mentioned information, growth rate of North America and Europe Minimally Invasive Prostate Cancer Surgery Market in 2028 is also explained. Additionally, type wise and application wise consumption tables and figures of North America and Europe Minimally Invasive Prostate Cancer Surgery Market are also given.
𝐁𝐮𝐲 𝐓𝐡𝐢𝐬 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 @
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Table of Content
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By Country
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Key Highlights
- Product launch
- PEST Analysis
- Technological Advancements
- Regulatory Scenario
- Mergers and Acquisitions
- Impact of COVID19 on market
- Market Dynamics
- North America and Europe Minimally Invasive Prostate Cancer Surgery Market, By Product Type, 2019 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Hand
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Resectoscope
- Linear Cutter
- Insufflators
- Curved Stapler
- Endoscopic Trocars
- Prostatic Retractor
- Cryoablation Device
- Others
- Monitoring & Visualization
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Cameras & Video Support
- Endoscopic Trocars with Optical View
- Powered
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Electrosurgical Unit
- Lasers
- Introduction
- North America and Europe Minimally Invasive Prostate Cancer Surgery Market, By Application, 2019 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Laparoscopy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Robotics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Brachytherapy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Cryosurgery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Introduction
- North America and Europe Minimally Invasive Prostate Cancer Surgery Market, By Region, 2019 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, By Region, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, For Regions, 2017–2026
- North America
- Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Application, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
- U.S.
- Canada
- Europe
- Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Application, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
- Germany
- U.K.
- France
- Spain
- Italy
- Russia
- Rest of Europe
- Introduction
- Competitive Landscape
- Company Profiles
- Angiodynamics, Inc.
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Profound Medical
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- BSD Medical Corporation
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Medtronic Plc
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Ethicon Endo-Surgery, Inc.
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Olympus Corporation
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Siemens Healthcare
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Intuitive Surgical, Inc.
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Teleflex, Inc.
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Angiodynamics, Inc.
- Company Profiles
- Section
- References
- Research Methodology
- About us and Sales Contact
About Coherent Market Insights
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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