Industry Outlook
The global vaginal slings market held US$ 1,720.4 Mn in 2017 and expected to grow at compound annual growth rate (CAGR) of 4.6% during the forecast period from 2018 to 2026. Vaginal sling procedures are the highly recommended and gold standard to control stress urinary incontinence in women. The procedure is minimally invasive in nature and usually takes 45 to 60 minutes for completion. The procedure works by closing the urethra and bladder neck and preventing urine leakage during laughing, coughing, sneeze, lifting and exercise. The market is largely driven by growing prevalence of stress urinary incontinence, growing awareness towards advantages of vaginal slings compared to vaginal mesh and inclination towards minimally invasive surgeries. Urinary incontinence is highly prevalent disease in women nearing menopause or post menopause; however, most of the time the disorder is unreported or undiagnosed, especially in the developing countries. Urinary incontinence is common in women who has had vaginal delivery and weakness in the pelvic floor muscles due to surgeries, trauma, neurological disorders, obesity or other reason. Moderate urinary incontinence has a prevalence ranging from 3% to 17% increasing rapidly by growing age. The major factor acting as the barrier to vaginal slings market is the lower awareness of urinary incontinence surgical procedures in the developing countries.
"Tension-Free Vaginal Tape (TVT) Slings Held the Largest Share"
In 2017, tension-free vaginal tape (TVT) slings held the largest share in the global vaginal slings market owing to lower risk of bladder injuries, blood vessel injuries and muscle injuries. Moreover, being a minimally invasive surgery, ease and efficacy of procedures have boosted the TVT slings market segment. The transobturator tape (TOT) slings and single incision slings would grow at a substantial rate during the forecast period. According to trials, single incision slings are easier to perform as compared to other mid-urethral slings and may cause minimum post-operative pain. Moreover, some studies suggest that single incision slings are more cost effective.
Market is studied in order to understand the current dynamics and future trends in the global vaginal slings market. The study includes market size and forecast for all considered segments presented in the report for the period from 2016 to 2026, along with respective compound annual growth rate (CAGRs) for the forecast period from 2018 to 2026, considering 2017 as the base year. The key players currently engaged in vaginal slings market include Boston Scientific Corporation, C.R. Bard, Inc. (BD & Co.), Coloplast A/S, Ethicon, Inc., Medtronic, Plc, Betatech Medical, ABISS, and Caldera among others.
Historical & Forecast Period
This study report represents analysis of each segment from 2023 to 2033 considering 2024 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2025 to 2033.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Vaginal Slings market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
---|---|
Research Period | 2023-2033 |
Base Year | 2024 |
Forecast Period | 2025-2033 |
Historical Year | 2023 |
Unit | USD Million |
Segmentation | |
Product
| |
End-User
| |
Region Segment (2023-2033; US$ Million)
|
Key questions answered in this report