A recent report published by Infinium Global Research on vaginal sling market provides an in-depth analysis of segments and sub-segments in the global as well as regional vaginal sling market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional vaginal sling market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global vaginal sling market. According to the report, the global vaginal sling market is projected to grow at a CAGR of 5.9% over the forecast period of 2019-2025.
The vaginal sling helps restore urethral resistance by increasing urethral compression and improving mucosal coaptation of the bladder neck. The market expected to grow with a high rate, considering the rate of prevalence in the forecast period.
Rising prevalence of urinary incontinence worldwide is one of the major factor driving the vaginal sling market. According to WHO urinary incontinence is a highly prevalent condition in the elder population, aged 60 years and over. The prevalence of urinary incontinence reported in population-based studies ranges from 9.9% to 36.1% and is twice as high in older women as in older men. Several studies have suggested that nearly 45% of women above 30 years of age suffer from stress urinary incontinence globally. Moreover, significant benefits of slings procedure over other surgical procedure is also driving the vaginal sling market. A mid-urethral sling procedure is proven to be more efficient, safe, and requires a minimal surgical procedure and the recovery time of the procedure is around 50-60min. on the other hand lack of awareness about urinary incontinence in most of the population can hamper the growth of the market. Moreover, increased research and development activities for vaginal slings offer better opportunities for the growth of the market.
Geographically, vaginal sling market segmented Into North America, Europe, Asia-Pacific, and RoW. North America holds the largest share of the market and expected to keep its dominance over the forecast period. Rising awareness among the people and the availability of advanced healthcare structure helps to dominate this region. The market in Europe will be escalated by rising prevalence and increasing old age population in the near future. Furthermore, well-established healthcare structure and increasing government funding for research and development are also supporting the growth of the market. The Asia-Pacific is expected to grow with a high rate in the forecast period. Rising geriatric population, rising prevalence of urinary incontinence and improving healthcare facilities are supporting the growth of this region.
The report on global vaginal sling market covers segments such as product type, and end user. On the basis of product type, the sub-markets include tension-free vaginal tape (TVT) slings, transobturator tape (TOT) slings, and mini-slings/single incision slings. On the basis of end user, the sub-markets include hospital, ambulatory surgical centers, and specialty clinics.
The report provides profiles of the companies in the market such as Coloplast, Boston Scientific Corporation, C. R. Bard, Inc., Promedon Group, A.M.I. GmbH, Ethicon, Inc., Caldera Medical, Medtronic plc, Betatech Medical, ABISS, and Other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of vaginal sling market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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