Vaginal slings gain significant traction over the years and preference for vaginal sling procedures among the patients suffering from urinary incontinence has witnessed an increase in recent years. With changes in lifestyle and its complications, the incidence of female stress urinary incontinence has escalated among developed countries boosting the market growth. An increase in investment by manufacturers in the development of single incision vaginal slings such as MiniArc manufactured by American Medical Systems (AMS), and Adjust mini sling manufactured by C.R. BARD will offer lucrative opportunities for the expansion of the market growth.
The key players in the global urinary incontinence devices market are expanding the scope of their business operations in the developing countries by including innovative products in their product portfolios. The report includes a detailed competitive analysis of the major market players, such as Coloplast,
Boston Scientific Corporation
ConvaTec Group Plc
Caldera Medical Inc
Covidien plc (Medtronic)
Cogentix Medical Inc.
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The report elaborately analyzes the drivers, restraints, and opportunities impacting the global urinary incontinence devices industry. The development of innovative urinary incontinence devices and an increase in the aging population coupled with a high risk of urological disorders are the factors that drive the growth of the market. However, lack of awareness regarding novel developments in the urinary incontinence devices and post-operative complications associated with the devices hinder the growth of the industry. Conversely, growing healthcare expenditures in developing economies create growth opportunities for the market.
The urinary incontinence devices market is projected to gather a significant CAGR of 11.3% during the forecast period, 2017-2023. This report is a compilation of the current trends, growth drivers, restraints, market estimates and forecasts, market segmentation, and profiles of the top industry players of the market. It also discusses the market size and share of this market. It enables interested business owners and individuals to understand the entire market with the help of critical industry insights.
The report emphasizes on the various segments of the global urinary incontinence devices market. The market is segmented into product, category, incontinence type, end-user, and geography. Based on the product, the market is divided into urinary catheters, vaginal slings, electrical stimulation devices, artificial urinary sphincters, and other devices. Based on the category, the report is segmented into external urinary incontinence devices and internal urinary incontinence devices. The incontinence type segment is classified into stress incontinence, urge incontinence, overflow incontinence, and functional incontinence. The report splits the end-user segment into hospitals, clinics, and others. The geographical analysis of the market covers regions such as North America, Europe, Asia-Pacific, and LAMEA.
The other players in the value chain include Sofradim, B Braun Melsungen AG, Baxter International Inc., Fresenius Medical Care AG & Co. KGaA, Karl Storz GmbH & Co. KG, Nipro Corporation, Olympus Corporation, ABISS, and Betatech Medical.
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