Global Vaginal Slings Market Segmentation by End-Use (Clinics, Hospitals, and Ambulatory Surgical Centers); and by Slings Type (Conventional, and Advanced Vaginal Slings)-Demand Analysis & Opportunity Outlook 2031
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Product Code:
RP-ID-10094817 -
Published Date:
21 Oct 2022 -
Region:
Global
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Category:
Healthcare & Pharmaceuticals -
Publisher:
Pub-ID-54
Impact Analysis on the Growth of Market
Inflation and Looming Recession to Haunt Businesses:
In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.
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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.
With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.
Market Overview:
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Global Vaginal Slings Market Highlights Over 2022- 2031
The global vaginal slings market is estimated to garner revenue by growing at ~15% CAGR over the forecast period, i.e., 2022 – 2031. Moreover, in the year 2021, the market registered a revenue of approximately USD 1,200.0 million. The growth of the market can be attributed to increasing awareness related to urine inconsistency and an increase in the aging women population. As per the Mayo Foundation for Medical Education and Research (MFMER), women are observed to deal more with stress inconsistence owing to childbirth, pregnancy, menopause, and other factors. Therefore, an increase in stress inconsistency among women that results in urine inconsistency is expected to increase the growth of the global vaginal slings market.
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The COVID-19 pandemic has impacted nearly every industry. Similarly, the global vaginal slings market was also affected owing to the decrease in the supply of vaginal slings. However, the global vaginal slings market is expected to revive after the lift of restrictions imposed by the government, and as consumers are increasing their expenditure on non-essential expenses.
The global vaginal slings market is segmented by end-use into clinics, hospitals, and ambulatory surgical centers. Out of these, the hospital's segment in the global vaginal slings market is anticipated to hold the largest share over the forecast period. This can be attributed to the availability of highly professional doctors in hospitals with better equipment used for vaginal surgery. Patients want to get operated on in a place where proper facilities are provided by the doctors. Therefore, the hospital segment is expected to be the most opted option for the patients.
Global Vaginal Slings Market Regional Synopsis
Regionally, the global vaginal slings market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. The Asia Pacific region in the global vaginal slings market is estimated to witness modest growth over the forecast period on the back of an increase in the population and more expenditure on health infrastructure in countries such as India and China. As per the World Bank, China's health expenditure is expected to increase from 5.6 % of GDP in 2015 to 9.1 GDP in the year 2035. Hence, more investment in health infrastructure is expected to increase the growth of the Asia Pacific region.
Market Segmentation
Our in-depth analysis of the global vaginal slings market includes the following segments:
By End-Use
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Clinics
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Hospitals
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Ambulatory Surgical Centers
By Slings Type
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Conventional Vaginal Slings
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Advanced Vaginal Slings
Growth Drivers and Challenges Impacting the Growth of the Global Vaginal Slings Market
Growth Drivers
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Increasing awareness related to urine inconsistency
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Increase in the ageing women population
Challenges
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Negative impact of COVID-19 on the demand for vaginal slings
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High complication rate for the vaginal surgery
Key Companies Dominating the Global Vaginal Slings Market
Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the global vaginal slings market that are included in our report are A.M.I. GmbH, Caldera Medical, Inc, Medtronic Inc., Medical Devices Business Services, Inc. (Johnson & Johnson) Boston Scientific Corporation, ProSurg Inc., PROMEDON, Cook Group, American Medical Systems, Coloplast A/S, and others.
Latest Developments in the Global Vaginal Slings Market:
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27 April 2022: A.M.I GmbH launched ProGYNious the most recent addition to the extensive laparoscopic mesh portfolio for the treatment of pelvic organ prolapse. It is the combination of two mesh materials to maintain vaginal elasticity while providing strong support.
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19 November 2021: Caldera Medical, Inc, announced FDA clearance related to the new Desara TVez device used for stress urinary incontinence.
Key Reasons to Buy Our Report
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The report covers detailed analysis comprising market share attained by each market segment and its sub-segments.
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It covers market dynamics including growth drivers, trends, potential opportunities, price trend analysis and challenges that impact the market growth.
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The report includes detailed company profiles of the major players dominating the market.
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We use effective research methodologies to calculate the market numbers and provide value-added assessment for overall growth.
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We provide customized reports as per the clients’ requirement helping them to see possible and unexpected challenges and unforeseen opportunities in order to help them reach their goal.
Geography Analysis:
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook
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FREQUENTLY ASKED QUESTIONS
Increasing awareness related to urine inconsistency and increase in the ageing women population are the major factors driving the growth of the vaginal slings market.
The market is anticipated to attain a CAGR of ~15% over the forecast period, i.e., 2022-2031.
Negatively impact of COVID-19 on vaginal slings industry and high complication rate for the vaginal surgery are estimated to hamper the market growth.
Which region will provide more business opportunities for growth of vaginal slings market in future?
Asia Pacific region will provide more business opportunities for growth of vaginal slings market in future.
The major players in the market are A.M.I. GmbH, Caldera Medical, Inc, Medtronic Inc., Medical Devices Business Services, Inc. (Johnson & Johnson) Boston Scientific Corporation, ProSurg Inc., PROMEDON, Cook Group, American Medical Systems, Coloplast A/S, and others.
The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.
The market is segmented by end-use, slings type and by region.
The hospitals segment is anticipated to hold largest market size over the forecast period and display significant growth opportunities.
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- A.M.I. GmbH
- Caldera Medical.Inc
- Medtronic Inc.
- Medical Devices Business ServicesInc. (Johnson & Johnson)
- Boston Scientific Corporation
- ProSurg Inc.
- PROMEDON
- Cook Group
- American Medical Systems
- Coloplast A/S