Vaginal Slings Market is to reach USD 1,459 Million with Sluggish CAGR 3.6%,Globally
Global Vaginal Slings Market is expected to register a CAGR of 3.6% to reach USD 1,459 Million till 2023.
The Global Vaginal Slings Market studies the overall dynamics and trends of the market in terms of various segments and regional outlook for the period of 2017 to 2023. The report offers of historic and future market scenario in terms of market value, share and critical developments taking place in the industry. Market size, forecast, trends of each country and region are studied in the report for the focus period of 2017 to 2023.
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Qualitative assessment tools such as PEST analysis, cost structure analysis and regulatory compliance for pharmaceutical products are offered in the report. The report also comprises Pipeline Analysis which helps understand the comprehensive forecast scenario of the market in terms of value and dynamics. The report analyses the recent drug approval trends and market dynamics such as drivers, restrains, and opportunities, industry trends and future outlook in the Global Vaginal Slings Market.
The report represents key players operating in the market along with its competitive landscape. The competitive landscape includes player positioning analysis, competitive matrix and market share analysis of the key players operating in the industry. The market attractive index highlights the most lucrative regional market to invest in the market.
The market is studied for regions such as North America (U.S., and Canada), Europe (U.K., Germany, France, Spain, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America) and Middle East amp; Africa (GCC, South Africa, and Rest of Middle East amp; Africa).
What is the market size in 2018 and the growth rate of the Global Vaginal Slings Market?
What is the market drivers, restrains, opportunities governing the Global Vaginal Slings Market?
Which are the largest and the fastest growing segments in the Global Vaginal Slings Market?
Who are the key players operating in the market and their market position?
What is the pipeline scenario, drug pricing analysis and technological development in the market?
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Global Vaginal Slings Market: Information by Type (Tension-Free Vaginal Tape Slings (TVT) and Others), Method (Retropubic Method, Transobturator Method and others), End User (Hospitals, Ambulatory Surgical Centers and others) and Region - Forecast till 2023
The Global Vaginal Slings Market is expected to register a CAGR of 3.6% to reach USD 1,459 Million till 2023. The vaginal sling is the procedure that is highly recommended for surgical treatments of stress urinary incontinence. The mid-urethral sling is considered as the standard gold method that has replaced all conventional procedures as it is efficient, safe, and requires minimal recovery time.
The rising occurrence of urinary incontinence and increasing research in the field of urinary incontinence treatment options has led to the growth of the global vaginal slings market in recent years. Moreover, the aging female population is expected to fuel market growth. However, the complications during the urinary incontinence surgery coupled with various product recall in recent years are projected to hamper the growth of the market during the assessment period.
The rising cases of urinary incontinence are expected to drive market growth. As per the National Association for Incontinence, stress urinary incontinence is the most prevalent form of incontinence among women which affected nearly 15 million adult women in the US in 2017. The worldwide increase in the incidence rates of urinary incontinence has resulted in the high adoption rate of vaginal or urinary sling procedures to address urinary incontinence. Thus, with the global increase in the number of urinary incontinence cases, the treatment procedures such as vaginal sling surgeries are increasing.
The vaginal slings market, based on product type, has been segmented into tension-free vaginal tape slings (TVT), transobturator tape slings (TOT), mini-slings or single incision slings, and others. The vaginal slings market, based on method, has been segmented into the retropubic method, transobturator method, and single-incision mini method. On the basis of end user, the market is segmented into hospitals, ambulatory surgical clinics, urogynecology clinics, and others. The hospitals segment is expected to hold a major share with a market value of USD 539.7 Million till 2023.
The prominent players in the global vaginal slings market are A.M.I. GmbH (Austria), Boston Scientific Corporation (US), Ethicon Inc. (US), Coloplast Corp (Denmark), CL Medical (France), Betatech Medical (Istanbul), Herniamesh S.r.l. (Italy), Promedon (Argentina) and others.
Some of the key strategies followed by players operating in the global vaginal slings market were innovation, product development, acquisition, and mergers.
The global vaginal slings market, based on region, is divided into the Americas, Europe, Asia-Pacific, and the Middle East and Africa.
The Americas is expected to hold the largest share of the global vaginal slings market. This owes to the increasing pool of awareness and the rising prevalence rate of urinary incontinence among the female population. Europe market demonstrated substantial growth in the market due to increasing awareness related to urinary incontinence issues and increased healthcare spending. Germany held a share of 27% in the Western Europe vaginal slings market in 2017. Asia-Pacific is estimated to be the fastest growing region in the global market due to the presence of a large number of research organizations and development of new infrastructure to support the healthcare industry. Also, the Middle East and Africa region is expected to show the least growth owing to low per capita income and lack of adequate healthcare spending.
In October 2018, Boston Scientific Corporation announced that its product, Solyx Single Incision Sling (SIS) System achieved treatment success, meeting all endpoints in a three-year study in women with stress urinary incontinence (SUI). This demonstrated that the system was superior to the transobturator mid-urethral sling (TMUS) procedure for the successful long-term treatment of the patients.
In July 2016, A.M.I. GmbH established a new subsidiary A.M.I. Nordic-based in Oslo, Norway. With this, the company aims to be a top innovation leader company in Europe.
In June 2017, Caldera Medical and the Foundation for International Urogynecology Assistance (FIUGA) announced a partnership to support urogynecological education, research, and care throughout the world.
Global Vaginal Slings Market, by Product Type
Tension-Free Vaginal Tape Slings (TVT)
Transobturator Tape Slings (TOT)
Mini-Slings/Single Incision Slings
Global Vaginal Slings Market, by Method
Single-Incision Mini Method
Global Vaginal Slings Market, by End User
Ambulatory Surgery Centers
Global Vaginal Slings Market, by Region
Rest of Western Europe
Rest of Asia-Pacific
Middle East amp; Africa
Available Additional Customizations
Vaginal Slings Market, Industry Trends
Vaginal Slings Market, Technology Trends and Assessment
Vaginal Slings Market, Pricing Analysis
Research and Development Organizations
Table Of Contents
Vaginal Slings Market Research Report - Global Forecast till 2023
1 Market Introduction
2 Research Methodology
3 Market Dynamics
4 Market Factor Analysis
5 Global Vaginal Slings Market, by Product Type
6 Global Vaginal Slings Market, by Method
7 Global Vaginal Slings Market, by End User
8 Global Vaginal Slings Market, by Region
9 Company Landscape
10 Company Profiles
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