Stress Urinary Incontinence Devices- Market Insights, Competitive Landscape and Market Forecast–2027
Stress Urinary Incontinence Devices Market By Product (Vaginal Pessaries, Sling Systems, Artificial Urinary Sphincters, Urethral Bulking Agent, Others), By Type (External Devices, Internal Devices), By Patient Type (Male, Female), By End-User (Hospitals, Ambulatory Surgery Centers, Others), by geography is expected to grow at a steady CAGR forecast till 2027 owing to rising prevalence of urinary incontinence cases among women and rapid technological developmental activities
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.
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.
According to the National Association for Incontinence statistics, one in four women globally over the age of 18 experience episodes of leaking urine involuntarily.
Moreover, urinary incontinence is a very common and debilitating problem affecting about 50% of women globally at some point in their lives. As per the European Association of Urology 2018, Urinary Incontinence affects 200 million people worldwide.
According to the International Association of Urinary Incontinence (ICS) 2019, it is estimated that ten to 20% of all women and 77% of women living in nursing homes have stress urinary incontinence.
Considering the high global prevalence of Stress UI, the majority of the research concerning the domain is underway, resulting in the majority of products being approved. Hence, the significant research activities taking place will eventually boost the market.
Therefore, the increasing prevalence of stress urinary incontinence among the geriatric and female population will contribute to the Stress Urinary Incontinence Devices market.
However, postoperative complications and less awareness among the patient population regarding stress incontinence may be certain limiting factors of the Stress Urinary Incontinence Devices market growth.
The ongoing Coronavirus disease 2019 pandemic has highly impacted the market for Urinary Incontinence Devices as hospital admissions for urinary incontinence diseases were not a priority in comparison to the patients suffering from Coronavirus. However, with the population getting vaccinated at a high rate, the market for Urinary Incontinence Devices is expected to grow in the study period.
Stress Urinary Incontinence Devices Market Segment Analysis:
Stress Urinary Incontinence Devices Market By Product (Vaginal Pessaries, Sling Systems, Artificial Urinary Sphincters, Urethral Bulking Agent, Others), By Type (External Devices, Internal Devices), By Patient Type (Male, Female), By End-User (Hospitals, Ambulatory Surgery Centers, Others), and By Geography (North America, Europe, Asia-Pacific, and Rest of the World)
In the Product segment of the Stress Urinary Incontinence Devices market, Sling Systems are estimated to hold a higher share in the Stress Urinary Incontinence Devices market during the forecast period (2022-2027). This can be attributed to the specific features associated with these devices.
The demand for Sling Systems is expected to witness an increased demand during the forecasted period. This is due to the rising cases of stress urinary incontinences worldwide and growing patient adoption for these devices due to quick relief.
Two main types of Sling Systems are used to treat Stress Urinary Incontinence (SUI), which are Midurethral sling, and Traditional sling. These are made up of different materials like ligament, tissue, tendons taken from the patient or they can also be manufactured from synthetic sources like plastic.
Sling Systems are more advanced devices and have replaced all the conventional devices available in the market.
Furthermore, these sling operations have been the most extensively researched surgical treatment for stress urinary incontinence (SUI) in women and have a good safety profile.
Therefore, all these factors are responsible for the segment growth, which will eventually boost the expansion of the Global Stress Urinary Incontinence Market.
North America is expected to dominate the overall Stress Urinary Incontinence Devices Market:
Among all the regions, North America is expected to account for the largest share in the Global Stress Urinary Incontinence Devices market. 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 the key factor contributing to the North America Stress Urinary Incontinence Devices Market.
According to the National Association for Continence 2019, up to 40 million women in America have experienced bladder leakage issues at some point in their lives. A study of the year 2019 shows almost half of the new mothers experience incontinence following a normal delivery and about one in six following cesarean section.
As per Urology Care Foundation 2021, a quarter to a third of women in the US suffer from stress urinary incontinence.
Thus, the burgeoning cases of the diseases will contribute to the growth of the Stress Urinary Incontinence Devices Market in the region as the demand will increase.
Additionally, the presence of key market players such as Coloplast Corporation, Becton, Dickinson and Company, Boston Scientific, among others, and their strategic business development activities in the region is also a fuelling factor of the Stress Urinary Incontinence Devices in the region.
Moreover, the rising research and development activities are also boosting the growth of the Stress Urinary Incontinence Devices market. For instance, in March 2022, the National Association for Continence (NAFC), highlighted a new study that offers hope for the 78 million women who experience urinary incontinence (UI). On March 10, the official journal of the American College of Obstetricians and Gynecologists (ACOG), Obstetrics & Gynecology (""the green journal"") published a rigorous study showing that women with UI who performed pelvic floor muscle training (PFMT) using leva achieved significant improvement in their UI symptoms and fewer leaks.
Therefore, the interplay of various factors such as the presence of a large patient population, encouraging reimbursement policies as well as new product launches in the region is expected to boost the North America Stress Urinary Incontinence Devices market during the forecast period. Thus, all the above-mentioned factors are anticipated to propel the market for Stress Urinary Incontinence Devices in the United States region.
Stress Urinary Incontinence Devices Market Key Players:
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.
Recent Developmental Activities in the Stress Urinary Incontinence Devices Market:
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