Urinary Incontinence And Pelvic Organ Prolapse Devices And Equipment Market Forecast 2023-2027 By The Business Research Company
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The Business Research Company’s urinary incontinence and pelvic organ prolapse devices and equipment market report forecast the urinary incontinence and pelvic organ prolapse devices and equipment market size to grow to $0.59 Billion by 2027, with a CAGR (compound annual growth rate) of more than 6%.
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Urinary Incontinence And Pelvic Organ Prolapse Devices And Equipment Market Size Forecast
The global urinary incontinence and pelvic organ prolapse devices and equipment market is expected to grow from $0.43 billion in 2022 to $0.46 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global urinary incontinence and pelvic organ prolapse devices and equipment market size is expected to grow to $0.59 billion in 2027 at a CAGR of 6.3%.
North America held the largest urinary incontinence and pelvic organ prolapse devices and equipment market share.
Key Urinary Incontinence And Pelvic Organ Prolapse Devices And Equipment Market Driver – Increase In The Prevalence Rate For Pelvic Organ Prolapse
According to US FDA reports, the number of women who have POP is expected to increase by 46%, to 4.9 million, by 2050. According to a report published by the American Urological Association (AUA/SUFU), the prevalence of stress urinary incontinence (SUI) in women was reported to be as high as 49%. The prevalence rate of stress urinary incontinence is high in the poor nutritional status group, as it results in weakness of pelvic supports. This high prevalence rate is driving the demand for medical equipment for urinary incontinence and pelvic organ prolapse.
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Key Urinary Incontinence And Pelvic Organ Prolapse Devices And Equipment Market Trend – Increasing Use Of Several New Technologies
The urinary incontinence and pelvic organ prolapse devices and equipment industry is characterized by the increased use of several new technologies in recent years. There is a wide range of devices being developed to treat both POP and urinary incontinence. For instance, The Lyrette transurethral SUI system led by Verathon Medical UK Ltd is the only FDA-approved treatment used for the treatment of stress urinary incontinence (SUI) among women.
Urinary Incontinence And Pelvic Organ Prolapse Devices And Equipment Market Segment
1) By Type: Urinary Incontinence Devices, Pelvic Organ Prolapse Devices
2) By Urinary Incontinence Devices: Artificial Urinary Sphincters, Electrical Stimulation Devices, Urethral Slings, Catheters
3) By Pelvic Organ Prolapse Devices: Vaginal Mesh, Vaginal Pessary
4) By Incontinence Type: Stress Incontinence, Urge Incontinence, Overflow Incontinence, Functional Incontinence
5) By End User: Hospitals, Clinics, Ambulatory Surgical Centers, Home Use
Urinary Incontinence And Pelvic Organ Prolapse Devices And Equipment Market Major Players and Strategies
Major players in the urinary incontinence and pelvic organ prolapse devices and equipment market are Boston Scientific Corporation, Coloplast Group, Ethicon US, C. R. Bard Inc., Johnson & Johnson, Teleflex Incorporated, Medtronic PLC., COVIDien, Cook Medical, and Neomedic.
The Urinary Incontinence And Pelvic Organ Prolapse Devices And Equipment Global Market Report 2023 covers regional data on urinary incontinence and pelvic organ prolapse devices and equipment market size, urinary incontinence and pelvic organ prolapse devices and equipment market trends and drivers, opportunities, strategies, and urinary incontinence and pelvic organ prolapse devices and equipment market competitor analysis. The countries covered in the urinary incontinence and pelvic organ prolapse devices and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Urinary incontinence & pelvic organ prolapse devices and equipment are used in the treatment of pelvic organ prolapse and urinary incontinence. Urinary incontinence (UI), also known as involuntary urination, is defined as uncontrolled leakage of urine caused by an overactive bladder. Pelvic organ prolapse (POP) is caused by defects in the supporting structures of the vagina.
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