What is the Global Stress Urinary Incontinence Devices Market ?
What are Stress Urinary Incontinence Devices?
According to WHO, stress urinary incontinence (SUI) is a leakage of urine during moments of physical activity that increases abdominal pressure, such as coughing, sneezing, laughing, or exercising. SUI is the most common type of urinary incontinence in women.
What is the Global Stress Urinary Incontinence Devices Market?
Global Stress Urinary Incontinence Devices Market was valued at USD 757 Million in 2021, growing at a CAGR of 6.91% during the forecast period from 2022 to 2027 to reach USD 1130.32 Million by 2027. The Stress Urinary Incontinence Devices market is witnessing positive growth owing to the rising prevalence of urinary incontinence cases among women, a surge in the aging population prone to stress urinary incontinence and weakening of pelvic floor, development of innovative devices, physical problems caused due to conditions including pregnancy, diabetes, menopause, pushes the demand of these devices, thereby contributing to the growth of the Stress Urinary Incontinence Devices market during the forecast period from 2022-2027.
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What are the drivers for the Global Stress Urinary Incontinence Devices Market?
The Stress Urinary Incontinence Devices market is witnessing a positive market growth owing to the rising prevalence of urinary incontinence cases among women, a surge in the aging population prone to stress urinary incontinence and weakening of pelvic floor, development of innovative devices, physical problems caused due to conditions including pregnancy, diabetes, menopause, pushes the demand of these devices, thereby contributing to the growth of the Stress Urinary Incontinence Devices market during the forecast period from 2022-2027
Who are the key players operating in the Global Stress Urinary Incontinence Devices Market?
Some of the key market players operating in the Stress Urinary Incontinence Devices market include Boston Scientific Corporation, AscentX Medical Inc., Coloplast Corporation, Becton, Dickinson and Company, ConvaTec Group PLC, Ethicon US, LLC (Johnson & Johnson), Cook Medical Inc., Teleflex Incorporated, Caldera Medical Inc., Prosurg, Inc., Laborie, InControl Medical, Cousin Surgery, Hollister Incorporated, ZSI Surgical Implants, Atlantic Therapeutics, Flexicare (Group) Limited, A.M.I. GmbH, Axonics, Inc., Betatech Medical, and others.
Which region has the highest Stress Urinary Incontinence Devices Market Share?
North America is expected to hold the highest share in the revenue in the Stress Urinary Incontinence Devices market during the forecast period. This domination is owing to the growing prevalence of stress urinary incontinence and surge in the aging population prone to urological conditions like weakening of pelvic floor, and improved product launches are expected to aid in the growth of the North America Stress Urinary Incontinence Devices Market.
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Stress Urinary Incontinence Devices Market Dynamics
The Stress Urinary Incontinence Devices market is witnessing a growth in product demand owing to various reasons. This is due to the rising cases of stress urinary incontinence worldwide among the geriatric population. As per the Integrated care for older people (ICOPE) Guidelines by WHO, the common types of urinary incontinence in older people are stress incontinence. As per Urology Care Foundation 2022, about 1 in 3 women suffer from SUI globally at some point in their lives. Urinary incontinence increases with age. Over half of women with SUI also have an Overactive Bladder. Moreover, about one-third (1 out of 3) of women aged 60 and about half (1 out of 2) of women aged 65 find that they sometimes leak urine.
Recent Developmental Activities in the Stress Urinary Incontinence Devices Market:
· In March 2022, Pelvic floor muscle training using a motion-based digital intravaginal device significantly improved symptoms for women with stress urinary incontinence (SUI) compared with a home training program, a virtually conducted randomized controlled trial showed.
Key Takeaways from the Stress Urinary Incontinence Devices Market Report Study
· Market size analysis for current Stress Urinary Incontinence Devices market size (2021), and market forecast for 5 years (2022-2027)
· The effect of the COVID-19 pandemic on this market is significant. To capture and analyze suitable indicators, our experts are closely watching the Stress Urinary Incontinence Devices market.
· Top key product/services/technology developments, merger, acquisition, partnership, joint venture happened for last 3 years
· Key companies dominating the global Stress Urinary Incontinence Devices market.
· Various opportunities available for the other competitor in the Stress Urinary Incontinence Devices market space.
· What are the top performing segments in 2021? How these segments will perform in 2027.
· Which is the top-performing regions and countries in the current Stress Urinary Incontinence Devices market scenario?
· Which are the regions and countries where companies should have concentrated on opportunities for Stress Urinary Incontinence Devices market growth in the coming future?
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