Vaginal Slings Market are Expected to Boost the Growth at a CAGR of 3.6% Near Future :

Overview


The global vaginal slings market will grow at a CAGR of 3.6% during the forecast period 2015 to 2023. The market for vaginal slings is set to reach US$1,459 million by 2023. As per this market analysts, the global market is anticipated to witness growth owing to the factors such as escalation in urinary incontinence diseases as well as significant rise in the burden of urinary incontinence. However, this market will face challenges and restraints due to availability of alternative treatment options to be a major threat and the growing inclination towards alternative treatments during the forecast period 2015 to 2023.


The availability of supportive reimbursement schemes in the vaginal slings market will support the growth. As per this market analysts, the vaginal slings market-based companies will face certain challenges during the 2015 to 2023. The vaginal slings market research report provides in-depth analysis of the type, end-users, and methods segments. The vaginal slings market research report presents factors such as reluctance among women that could slow down the vaginal slings market's growth.


Market Segmentation


The market for vaginal slings has been segmented into type, end-users, and methods. Based on the segment which is type, the market is categorized on the basis of mini-slings or single incision slings, tension-free vaginal tape slings (TVT), transobturator tape slings (TOT), and others. The global market for vaginal slings is further segmented based on end-users into retropubic method, transobturator method, and others. Furthermore, the market, on the basis of methods, is segmented into ambulatory surgical centers, hospitals, and others. 


The market report for vaginal slings offers comprehensive study of the this market segments including type, end-users, and methods. The analysts have also studied the vaginal slings market's spread across the regional markets across many of the vaginal slings market’s segments at country levels. The type, end-users, and methods segments spread across this market along with the subsegments are studied. The global market for vaginal slings is spread across various product and service based segments. The vaginal slings market research report highlights these key segments and offers forecasts based on primary and secondary data. The global vaginal slings market research report presents key company profiles of organizations active across this market.


Regional Overview


The threat from alternative treatment options may hinder the vaginal slings market growth. The market research report suggests that companies in this market could be supported by countries offering vaginal sling surgeries at affordable costs as well as soaring preference among patients for minimally invasive procedures during the forecast period. The market for vaginal slings is set to register growth at a high CAGR owing to these key factors. This market is spread across North America, Europe, Asia-Pacific, and other parts of the world. As per this market analysts, the market for vaginal slings is set to witness tremendous growth across type, end-users, and methods segments. The global vaginal slings market’s North American region covers vaginal slings markets across the United States, Mexico, Canada, and others. Businesses present in the vaginal slings market are also profiled and their strategies have been presented in detail in this market research report.


The market for vaginal slings across the European region covers Italy, France, Germany, and the United Kingdom. Furthermore, this market research report provides details about the APAC region covering vaginal slings markets from China, India, Australia, Japan, and others. This market is also active across several other parts of the world. This market report covers all these key regions including the Middle East, Africa, Brazil, and others active in the this market.


Competitive Landscape


Vaginal slings have seen tremendous growth, due to devices that facilitate minimally invasive treatment of urinary incontinence and the burgeoning female elderly base. However, alternative treatment options and hesitation among women to go for surgeries would challenge the companies active in this market. Furthermore, companies using growth strategies to stay ahead in this market are expected to help the market during the forecast period 2015 to 2023. As this market report suggests that the market for vaginal slings will register a CAGR of 3.6% and reach a US$1,459 million by 2023, the market report highlights key areas vaginal slings market-based companies need to focus on. The vaginal slings market research report projects a long term growth till 2023. Based on this market’s analysis on the basis of SWOT and Porters’ Five Force Model, the market for vaginal slings will rise during the forecast period 2015 to 2023, however the companies need to move ahead with caution. The vaginal slings market research report highlights such key areas. 


Industry News


Developer of urological cancer Francis Medical today revealed it was receiving a capital funding of 4 million dollars from Coloplast. According to a press release, Francis Medical, headquartered in Minneapolis, advances ablation technologies to administer thermal energy contained in sterile water vapour for the delivery of selective transurethral therapies to cancerous tissues. The technique will mitigate the side effects that frequently occur in other therapies for prostate cancer, the firm said. The protection and effectiveness of technologies following the exemption for FDA research equipment obtained by Francis Medical at the end of 2019 are currently being developed by a United States early feasibility review.


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