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 vaginal sling market report forecasts the vaginal sling market size to grow to $1.97 Billion by 2027, with a CAGR (compound annual growth rate) of more than 8%.

Learn More On The Vaginal Sling Market Report 2023 – https://www.thebusinessresearchcompany.com/report/vaginal-sling-global-market-report

Vaginal Sling Market Size Forecast
The global vaginal sling market is expected to grow from $1.31 billion in 2022 to $1.43 billion in 2023 at a compound annual growth rate (CAGR) of 9.4%. 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 vaginal sling market is expected to reach $1.97 billion in 2027 at a CAGR of 8.3%.

North America held the largest vaginal sling market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Vaginal Sling Market Driver ­– Growth In Female Geriatric Population
For instance, in October 2020, according to World Population Ageing 2020 Highlights, published by the United Nations, a US-based intergovernmental organization, 2020, women made up 55% of the world’s population aged 65 or older. Currently, they make up 62% of people who are 80 or older. The percentage of elderly people in the world’s population is predicted to rise from 9.3% in 2020 to 16.0% in 2050. Therefore, the growing female geriatric population is driving the growth of the vaginal sling market going forward.

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Key Vaginal Sling Market Trend – Developing Materially Advanced Vaginal Slings
Major players operating in the market are developing materially advanced vaginal slings to sustain their position in the vaginal sling market. For instance, in May 2020, Caldera Medical, a US-based medical equipment manufacturer, launched Desara® One. It is a blue single incision sling system for female stress urinary incontinence with fully integrated mesh that aids in minimizing mesh roping, twisting, and ripping while maximizing connection strength. This unique system is streamlined with an anchor-mesh transition that is engineered to lay flat under the urethra and is designed to reduce dissection and minimize tissue damage.

Vaginal Sling Market Segment
1) By Product Type: Transobturator Slings, Tension-free Vaginal Tape Sling, Other Product Types
2) By Material-Type: Tissue Slings, Synthetic Slings
3) By Type of Urinary Incontinence: Stress Urinary Incontinence, Urge Urinary Incontinence, Mixed Urinary Incontinence
4) By End User: Hospitals, Clinics, Other End Users

Vaginal Sling Market Major Players and Strategies
Major players in the vaginal sling market are Betatech Medical, Boston Scientific Corporation, Caldera Medical, Coloplast A/S, B. Braun Melsungen AG, Promedon GmbH, ABISS, Lotus Surgicals, American Medical Systems, Mpathy Medica, Dipromed Srl, UroCure, Cousin Biotech, Neomedic International, and Ethicon Inc.

In February 2022, Evoco, a US-based biotechnology company, acquired Agency for Medical Innovation (AMI) for an undisclosed amount. With this acquisition, Evoco aims to maximize the potential for value creation and plans for next-level growth and works closely with the current management team. Agency for Medical Innovation is an Austria-based manufacturer of vaginal slings.

The Vaginal Sling Global Market Report 2023 covers regional data on vaginal sling market size, vaginal sling market trends and drivers, opportunities, strategies, and vaginal sling market competitor analysis. The countries covered in the vaginal sling 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.

A vaginal sling refers to a mesh implant used to strengthen ligaments and connective tissue structures that assist in managing urine incontinence. The vaginal sling procedure is one therapy option for female stress urine incontinence.

View More Reports Related To The Vaginal Sling Market –
Feminine Hygiene Products Global Market Report 2023
Personal Care Ingredients Global Market Report 2023
Anti Stretch Mark Products Global Market Report 2023

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