Impotence, often known as erectile dysfunction, is the difficulty in getting and maintaining an erection strong adequate for sexual activity. Symptoms of erectile dysfunction may include chronic problems achieving or maintaining an erection as well as decreased sexual desire. Chronic diseases like heart disease, type 2 diabetes, stroke, chronic kidney cancer, obesity, liver, arthritis, and chronic obstructive lung disease all affect blood vessels, nerves, and hormone levels in the body, which causes erectile dysfunction. Hormones are chemical transmitters that impact cellular activity and affect every the human body. Male patients with CKD (chronic kidney disease) frequently experience erectile dysfunction (ED). The World Journal of Nephrology estimated its frequency among these individuals to be around 80% in the year 2014.
“Erectile Dysfunction Devices Market is expected to reach US$ 2,467.5 million by 2030 from US$ 1,303.8 in 2022; it is estimated to grow at a CAGR of 9.5%from 2023 to 2030. The report highlights trends prevailing in the global Erectile Dysfunction Devices market, and drivers and hindrances pertaining to the market growth.
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In Wuhan, China, a coronavirus (COVID-19) epidemic was first noted on December 31, 2019. On 11th March, 2020, the WHO (World Health Organization) classified COVID-19 as a pandemic. The World Health Organization reports that, as of August 29, 2021, there have been more than 215.7 million cases of coronavirus (COVID-19) documented worldwide, along with 4.49 million fatalities.
Increasing Approval of Smoking and Alcoholism
For example, smoking has been identified as the primary health issue in the globe, and studies suggest that smoking contributes to erectile dysfunction in the male population, as reported in the International Journal of Impotence Research: 2018. Every area of the body can be harmed by smoking, and the toxins in cigarette smoke harm the blood vessel lining as well as their ability to function. The chemicals in cigarettes disrupt the blood arteries in the penis, which negatively impacts erectile function. An erection could not be physically achievable even when the neurological system is functioning at its peak if the blood vessels are damaged from smoking.
Also, drinking is regarded as a risk issue for ED (erectile dysfunction), according to the JAMA Internal Medicine Journal: 2018. (ED). Additionally, consumption of alcohol raises the level of alcohol in the blood. Since alcohol is a depressant, it can lower sexual desire and dampen mood, making it more difficult for an individual to get an erection. For example, the National Institute on Alcohol Abuse and Alcoholism estimates that 14.5 million Americans aged 12 and over had alcohol use disorder in 2019. (AUD). 9.0 million male which includes 6.8% of men in this age group and 5.5 million women which includes 3.9% of women in this age group are part of this figure.
Over the projection period, it is anticipated that the availability of complementary therapies and herbal treatments for erectile dysfunction will restrain market growth. For example, as per to the Arab Journal of Urology: 3rd February, 2021, dietary supplements and herbal therapies are being utilized more and more to treat erectile dysfunction, especially through over-the-counter and online sources. Examples include dietary supplements and herbal remedies, acupuncture and traditional Chinese medicine, body therapies like massage and acupressure, homoeopathic remedies, energy medicine like reiki, mind-body practices like meditation and yoga, , and other conventional medical specialties like Ayurveda, Unani, and Naturopathy.
The world market for erectile dysfunction devices is divided into North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa based on region.
Due to the rising number of new erectile dysfunction devices being introduced, North America is anticipated to have a prominent position in the global market for erectile dysfunction devices over the projected period. For example, the Tactra implant, a long-lasting implant with a natural feel for treating erectile dysfunction, was introduced by medical device company Boston Scientific Corporation in July 2019.
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The companies participating in the market of erectile dysfunction devices worldwide are Boston Scientific Corporation, Coloplast Corp., Zephyr Surgical Implants, Owen Mumford Ltd., Augusta Medical Systems, Storz medical AG, Promedon, The Elator, Timm Medical, and Silimed
The probable emergence of erectile dysfunction in male COVID-19 patients has been the subject of research. Three factors have been identified by the researchers as having the possibility to cause ED (erectile dysfunction) in men who have experienced COVID-19.
Vascular effects: The cause of COVID-19 increases inflammation all across the body, but particularly in the heart and also to the muscles all around. Since the vascular system and reproductive system are intertwined, blood flow to the penis may become obstructed or constrained as a consequence of a novel or worsening vascular disease brought on by the virus.
Psychological effect: Sexual interaction and mental health are directly related. The pandemic and the virus-related stress worry, and depression may contribute to erectile dysfunction by causing sexual dysfunction and low mood.
General health decline: There occur a number of health problems due to COVID-19. Erectile dysfunction is more likely to affect men who have weak immune systems and are in poor physical condition.
The market for EDD (erectile dysfunction devices) is forecast to reach US$ 1,303.8 million in the year 2021 and is anticipated to show a CAGR of 9.5% during the predicted period from 2021 to 2030.
Over the course of the projected period, it is anticipated that the market for EDD (erectile dysfunction devices) would develop due to the rising incidence of erectile dysfunction brought on by different chronic illnesses and population of ageing. For example, the Center for Disease Control and Prevention (CDC) said in an article that in the year 2018, 51.8% of individuals in the United States had at least one persistent disease, and had many serious illnesses of about 27.2%
A Cleveland Clinic Center for Continuing Education article from June 2018 also states that while 617,715 new instances of ED (erectile dysfunction) are recorded in the U.S. each year, 17,781 new cases of the condition are diagnosed in Massachusetts each year.
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Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Overview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Device Type
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Industry Trends
- Key Development Strategies
- Product Launch/ Approval
- Mergers And Acquisition Scenario
- Market Trends & Technological Advancement
- Brand Analysis
- Regulatory Scenario
- PEST Analysis
- Market Dynamics
- Global Erectile Dysfunction Devices Market – Impact of Coronavirus (Covid-19) Pandemic
- COVID-19 Epidemiology
- Overall Impact on Healthcare Sector
- COVID-19 and Erectile Dysfunction
- Global Erectile Dysfunction Devices Market, By Device Type, 2022-2030 (US$ Million)
- Introduction
- Market Share Analysis, 2021 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 – 2030
- Segment Trends
- Non-Surgical Devices
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2022 – 2030, (US$ Million)
- Vacuum Constriction Devices
- Erectile Dysfunction Shockwave Generators
- External Penile Rigidity Devices
- Surgical Devices
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2022 – 2030, (US$ Million)
- Penile Implants
- Inflatable Implants
- Malleable (Semi-Rigid) Implants
- Other Surgical Devices
- Introduction
- Global Erectile Dysfunction Devices Market, By End User, 2022 – 2030 (US$ Million)
- Introduction
- Market Share Analysis, 2021 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 – 2030
- Segment Trends
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2022 – 2030, (US$ Million)
- Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2022 – 2030, (US$ Million)
- Ambulatory Surgery Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2022 – 2030, (US$ Million)
- Introduction
- Global Erectile Dysfunction Devices Market, By Region, 2022 – 2030 (US$ Million)
- Introduction
- Market Share Analysis, By Region, 2021 and 2030 (%)
- Y-o-Y Growth Analysis, For Regions, 2018 – 2030
- Regional Trends
- North America
- Market Size and Forecast, By Device Type, 2022 – 2030 (US$ Mn)
- Market Size and Forecast, By End User, 2022 – 2030 (US$ Mn)
- Market Size and Forecast, By Country, 2022 – 2030 (US$ Mn)
- U.S.
- Canada
- Latin America
- Market Size and Forecast, By Device Type, 2022 – 2030 (US$ Mn)
- Market Size and Forecast, By End User, 2022 – 2030 (US$ Mn)
- Market Size and Forecast, By Country, 2022 – 2030 (US$ Mn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Market Size and Forecast, By Device Type, 2022 – 2030 (US$ Mn)
- Market Size and Forecast, By End User, 2022 – 2030 (US$ Mn)
- Market Size and Forecast, By Country, 2022 – 2030 (US$ Mn)
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Size and Forecast, By Device Type, 2022 – 2030 (US$ Mn)
- Market Size and Forecast, By End User, 2022 – 2030 (US$ Mn)
- Market Size and Forecast, By Country, 2022 – 2030 (US$ Mn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Market Size and Forecast, By Device Type, 2022 – 2030 (US$ Mn)
- Market Size and Forecast, By End User, 2022 – 2030 (US$ Mn)
- Market Size and Forecast, By Country, 2022 – 2030 (US$ Mn)
- GCC
- Israel
- Rest of Middle East
- Africa
- Market Size and Forecast, By Device Type, 2022 – 2030 (US$ Mn)
- Market Size and Forecast, By End User, 2022 – 2030 (US$ Mn)
- Market Size and Forecast, By Country/Region, 2022 – 2030 (US$ Mn)
- South Africa
- Central Africa
- North Africa
- Introduction
- Competitive Landscape
- Company Profiles
- Boston Scientific Corporation*
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- Coloplast Corp.
- Zephyr Surgical Implants
- Owen Mumford Ltd.
- Augusta Medical Systems
- Storz medical AG
- Promedon
- The Elator
- Timm Medical
- Silimed
- Boston Scientific Corporation*
- Company Profiles
*Key pointers provided are also applicable to other companies covered in the scope of the report.
- Section
- Research Methodology
- About us
- Contact
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