Stress urinary incontinence in women is known to be a social disease that can be caused by various contributing factors such as natural childbirth, obesity, hormonal deficiencies, and changes in collagen fibers among many others. Vaginal slings are incorporated in the surgical procedures used to treat stress urinary incontinence in women, using different types of vaginal slings such as synthetic slings, natural slings, and single-incision slings. The key factors that drive the market growth include rise in the incidence of stress urinary incontinence coupled with increase in the female geriatric population. In addition, keen interest of market players in the development of materially advanced vaginal slings, and rise in the demand for single-incision vaginal slings supplement the market growth. The global vaginal slings market was valued at $628 million in 2016, and is expected to reach $1,626 million by 2023, registering a CAGR of 14.5% from 2017 to 2023.
The global vaginal slings market is segmented based on type, end user, and region. Based on type, the market is classified into conventional vaginal slings and advanced vaginal slings. Based on end user, it is classified into hospitals, clinics, and others. The advanced vaginal slings segment is growing at a fast pace, registering a CAGR of 16.0% from 2017 to 2023. In addition, vaginal slings are highly incorporated in the hospitals, and has generated the highest revenue in this segment throughout the forecast period.
By geography, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In the recent years, Asia-Pacific has witnessed rapid growth in the vaginal slings market. Japan and China are the major contributors to the robust growth of Asia-Pacific vaginal slings market owing to their high geriatric population density along with increase in healthcare expenditure.
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the global vaginal slings market along with the current trends and future estimations to elucidate the imminent investment pockets.
Comprehensive analysis of the factors that drive and restrict the market growth is provided in the report.
Comprehensive quantitative analysis of the industry is provided for the period of 2016?2023 to assist stakeholders to capitalize on the prevailing market opportunities.
Extensive analysis of the key segments of the industry helps in understanding the trends in types across the globe.
Key market players and their strategies are provided to understand the competitive outlook of the industry.
KEY MARKET SEGMENTS
By Type
Conventional Vaginal Slings
Advanced Vaginal Slings
By End User
Hospitals
Clinics
Others
By Region
North America
U.S.
Canada
Mexico
Europe
UK
France
Germany
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
India
Australia
Rest of Asia-Pacific
LAMEA
Brazil
Turkey
South Africa
Saudi Arabia
Rest of LAMEA
KEY MARKET PLAYERS
Coloplast
Boston Scientific Corporation
C. R. Bard, Inc.
American Medical Systems
Ethicon, Inc.
Caldera Medical
Cook Medical
Covidien (Medtronic)
ProSurg
Cogentix Medical
The other players in the value chain include (profiles not included in the report)
Sofradim
B Braun Melsungen AG
Baxter International Inc.
Fresenius Medical Care AG & Co. KGaA
KARL STORZ GmbH & Co. KG
Nipro Corporation
Olympus Corporation
ABISS
Betatech