The Plasma Resectoscope Market Size is valued at USD 304.13 Mn in 2023 and is predicted to reach USD 519.57 Mn by the year 2031 at a 7.05% CAGR during the forecast period for 2024-2031.
A plasma resectoscope is a surgical tool utilized in the urological subspecialty of transurethral resection of the prostate (TURP) procedures. Excess prostate tissue caused by benign prostatic hyperplasia (BPH) can be surgically removed with a plasma resectoscope, a specialized tool that employs plasma energy. Growing plasma resectoscopes incorporate state-of-the-art imaging technology.
Innovations in technology and new products that enhance the effectiveness of procedures and patient outcomes are also contributing to the expansion of the market. A constant stream of technology and product improvements. Better patient outcomes and procedural efficiency can be achieved by developing plasma resectoscope devices with increased cutting and coagulation capabilities, upgraded viewing systems, and ergonomic designs.
This trend is expected to fuel the need for plasma resectoscope devices. As a result, companies in this sector are working hard to perfect bipolar plasma technology for use in plasma resectoscopes to better serve doctors and their patients. It drives expansion globally and is expected to boost market expansion in the coming years.
However, the population growth of patients, urologists, and other qualified medical personnel is in short supply. Obtaining the necessary clearances from regulators could prove difficult for the plasma resectoscope business during the COVID-19 outbreak. It may restrain the development of the target market over the predicted time frame. As a result of the global spread of COVID-19, international trade in medical supplies has been disrupted.
The pandemic has hampered the expansion of this market because of the uncertainty and interruption in the availability of medications. Furthermore, increasing R&D activities and investments by prominent players are expected to create lucrative growth opportunities in revenue for players operating in the global plasma resectoscope market over the forecast period.
The plasma resectoscope market is segmented based on product type, application, Distribution Channel, Endoscopic Visualization System Integration and end-user. The product type segment consists of implantable monopolar plasma resectoscopes and bipolar plasma resectoscopes. By application, the market is segmented into transurethral resection of the prostate (TURP), bladder tumour resection, urethral stricture resection, and others.
By the end-user segment, the market is divided into hospitals and clinics, ambulatory surgical centres, speciality clinics, and others. By Endoscopic Visualization System Integration, the market is divided as Non-integrated Plasma Resectoscope, Integrated Plasma Resectoscope. Whereas Distribution Channel segment comprises Direct Sales, Distributor Sales, Recent Developments, New product launches.
Based On Product Type, The Bipolar Plasma Resectoscope Devices Segment Is Accounted As A Major Contributor To The Plasma Resectoscope Market
The bipolar plasma resectoscope category is expected to hold a major share of the global market in 2024. It is attributed to the bipolar resectoscope has benefits over the monopolar version, including improved cut and coagulation thanks to the plasma impact of bipolar current, decreased tissue changes, less bleeding during resection, enhanced visibility, and lower cost. Additionally, surgical procedures can be simplified using bipolar plasma technology, which combines cutting and coagulation with a single tool.
The hospital's segment is likely to grow at a rapid rate in the global plasma resectoscope market owing to an increase in the number of people seeking urination disease issues and the need for plasma resectoscope treatment, especially in countries such as the US, Germany, UK, China, and India.
The North American Plasma plasma resectoscope market is expected to record the maximum market share in revenue in the near future. It can be attributed to the rise in BPH cases and the popularity of less-invasive treatments. Strong healthcare infrastructure, government programs emphasizing early diagnosis and treatment of urological problems, and an expanding elderly population.
In addition, the presence of key market competitors and developments in medical technology fuel expansion in the region's industries. In addition, Asia Pacific is estimated to grow rapidly in the global plasma resectoscope market because there is a big patient pool, rising healthcare costs, better healthcare facilities and growing financial support from the business and medical communities.
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Report Attribute |
Specifications |
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Market Size Value In 2023 |
USD 304.13 Mn |
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Revenue Forecast In 2031 |
USD 519.57 Mn |
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Growth Rate CAGR |
CAGR of 6.9% from 2024 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Million, volume (units) and CAGR from 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Product Type, By End User, By Application, By Endoscopic Visualization System Integration, By Distribution Channel |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico ;The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia |
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Competitive Landscape |
Olympus Corporation, KARL STORZ SE & Co. KG, Richard Wolf GmbH, Stryker Corporation, Medtronic plc, Ethicon (Johnson & Johnson), Braun Melsungen AG, Boston Scientific Corporation, Cook Medical, ROCAMED, Maxer Endoscopy GmbH, Vimex Endoscopy, PENTAX Medical (HOYA Corporation), Hunan Handlike Minimally Invasive Surgery Co. Ltd., Optimed Medizinische Instrumente GmbH. |
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Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Plasma Resectoscope Market Snapshot
Chapter 4. Global Plasma Resectoscope Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: By Product Type Estimates & Trend Analysis
5.1. By Product Type, & Market Share, 2020 & 2031
5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2020 to 2031 for the following By Product Type:
5.2.1. Monopolar Plasma Resectoscope
5.2.2. Bipolar Plasma Resectoscope
Chapter 6. Market Segmentation 2: By Application Estimates & Trend Analysis
6.1. By Application & Market Share, 2023 & 2031
6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following By Application:
6.2.1. Transurethral Resection of the Prostate (TURP)
6.2.2. Bladder Tumor Resection
6.2.3. Urethral Stricture Resection
6.2.4. Others
Chapter 7. Market Segmentation 3: By Endoscopic Visualization System Integration Estimates & Trend Analysis
7.1. By Endoscopic Visualization System Integration & Market Share, 2023 & 2031
7.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following By Endoscopic Visualization System Integration:
7.2.1. Non-integrated Plasma Resectoscope
7.2.2. Integrated Plasma Resectoscope
Chapter 8. Market Segmentation 4: By End user Estimates & Trend Analysis
8.1. By End user & Market Share, 2023 & 2031
8.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following By End user:
8.2.1. Hospitals
8.2.2. Ambulatory Surgery Centers
8.2.3. Specialty Clinics
8.2.4. Others
Chapter 9. Market Segmentation 5: By Distribution Channel Estimates & Trend Analysis
9.1. By Distribution Channel & Market Share, 2023 & 2031
9.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following By Distribution Channel:
9.2.1. Direct Sales
9.2.2. Distributor Sales
9.2.3. Recent Developments
9.2.4. New product launches
Chapter 10. Plasma Resectoscope Market Segmentation 6: Regional Estimates & Trend Analysis
10.1. North America
10.1.1. North America Plasma Resectoscope Market revenue (US$ Million) estimates and forecasts By Product Type, 2019-2031
10.1.2. North America Plasma Resectoscope Market revenue (US$ Million) estimates and forecasts By Application, 2019-2031
10.1.3. North America Plasma Resectoscope Market revenue (US$ Million) estimates and forecasts By Endoscopic Visualization System Integration, 2019-2031
10.1.4. North America Plasma Resectoscope Market revenue (US$ Million) estimates and forecasts By End user, 2019-2031
10.1.5. North America Plasma Resectoscope Market revenue (US$ Million) estimates and forecasts By Distribution Channel, 2019-2031
10.1.6. North America Plasma Resectoscope Market revenue (US$ Million) estimates and forecasts by country, 2019-2031
10.2. Europe
10.2.1. Europe Plasma Resectoscope Market revenue (US$ Million) By Product Type, 2019-2031
10.2.2. Europe Plasma Resectoscope Market revenue (US$ Million) By Application, 2019-2031
10.2.3. Europe Plasma Resectoscope Market revenue (US$ Million) By Endoscopic Visualization System Integration, 2019-2031
10.2.4. Europe Plasma Resectoscope Market revenue (US$ Million) By End user, 2019-2031
10.2.5. Europe Plasma Resectoscope Market revenue (US$ Million) By Distribution Channel, 2019-2031
10.2.6. Europe Plasma Resectoscope Market revenue (US$ Million) by country, 2019-2031
10.3. Asia Pacific
10.3.1. Asia Pacific Plasma Resectoscope Market revenue (US$ Million) By Product Type, 2019-2031
10.3.2. Asia Pacific Plasma Resectoscope Market revenue (US$ Million) By Application, 2019-2031
10.3.3. Asia Pacific Plasma Resectoscope Market revenue (US$ Million) By Endoscopic Visualization System Integration, 2019-2031
10.3.4. Asia Pacific Plasma Resectoscope Market revenue (US$ Million) By End user, 2019-2031
10.3.5. Asia Pacific Plasma Resectoscope Market revenue (US$ Million) By Distribution Channel, 2019-2031
10.3.6. Asia Pacific Plasma Resectoscope Market revenue (US$ Million) by country, 2019-2031
10.4. Latin America
10.4.1. Latin America Plasma Resectoscope Market revenue (US$ Million) By Product Type, (US$ Million) 2019-2031
10.4.2. Latin America Plasma Resectoscope Market revenue (US$ Million) By Application, (US$ Million) 2019-2031
10.4.3. Latin America Plasma Resectoscope Market revenue (US$ Million) By Endoscopic Visualization System Integration, (US$ Million) 2019-2031
10.4.4. Latin America Plasma Resectoscope Market revenue (US$ Million) By End user, (US$ Million) 2019-2031
10.4.5. Latin America Plasma Resectoscope Market revenue (US$ Million) By Distribution Channel, (US$ Million) 2019-2031
10.4.6. Latin America Plasma Resectoscope Market revenue (US$ Million) by country, 2019-2031
10.5. Middle East & Africa
10.5.1. Middle East & Africa Plasma Resectoscope Market revenue (US$ Million) By Product Type, (US$ Million) 2019-2031
10.5.2. Middle East & Africa Plasma Resectoscope Market revenue (US$ Million) By Application, (US$ Million) 2019-2031
10.5.3. Middle East & Africa Plasma Resectoscope Market revenue (US$ Million) By Endoscopic Visualization System Integration, (US$ Million) 2019-2031
10.5.4. Middle East & Africa Plasma Resectoscope Market revenue (US$ Million) By End user, (US$ Million) 2019-2031
10.5.5. Middle East & Africa Plasma Resectoscope Market revenue (US$ Million) By Distribution Channel, (US$ Million) 2019-2031
10.5.6. Middle East & Africa Plasma Resectoscope Market revenue (US$ Million) by country, 2019-2031
Chapter 11. Competitive Landscape
11.1. Major Mergers and Acquisitions/Strategic Alliances
11.2. Company Profiles
11.2.1. Olympus Corporation
11.2.2. KARL STORZ SE & Co. KG
11.2.3. Richard Wolf GmbH
11.2.4. Stryker Corporation
11.2.5. Medtronic plc
11.2.6. Ethicon (Johnson & Johnson)
11.2.7. Braun Melsungen AG
11.2.8. Boston Scientific Corporation
11.2.9. Cook Medical
11.2.10. ROCAMED
11.2.11. Maxer Endoscopy GmbH
11.2.12. Vimex Endoscopy
11.2.13. PENTAX Medical (HOY Corporation)
11.2.14. Hunan Handlike Minimally Invasive Surgery Co.Ltd.
11.2.15. Optimed Medizinische Instrumente GmbH
Plasma Resectoscope Market By Product Type-
Plasma Resectoscope Market By Application-
Plasma Resectoscope Market By Endoscopic Visualization System Integration
Plasma Resectoscope Market By Distribution Channel
Plasma Resectoscope Market By End User-
Plasma Resectoscope Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.4456
