Vaginal Slings Market Size, Share & Trends Analysis Report By Product (Tension-Free Vaginal Tape Slings, Transobturator Slings, and Mini-Slings), By Type (Midurethral sling, Traditional sling), By End Use, By Region, And Segment Forecast, 2023 - 2030

Vaginal Slings Market Size, Share & Trends Analysis Report By Product (Tension-Free Vaginal Tape Slings, Transobturator Slings, and Mini-Slings), By Type (Midurethral sling, Traditional sling), By End Use, By Region, And Segment Forecast, 2023 - 2030

Vaginal Slings Market Growth & Trends

The global vaginal slings market size is expected to reach USD 2.6 billion by 2030, according to a new report by Grand View Research, Inc, expanding at a CAGR of 4.62% from 2023 to 2030. The key factors driving the market growth include changing woman’s lifestyles and growing awareness of vaginal sling procedures or surgery. Moreover, rising demand for minimally invasive surgeries, growing female geriatric population, and increasing prevalence of stress urinary inconsistence are expected to boost the demand for the market over the forecast period.

The risk factors causing stress incontinence in women include uterine prolapse, diabetes, chronic coughing, pelvic surgery such as a hysterectomy, obesity, menopause, nerve injuries to lower back or pelvis, and pregnancy and childbirth (particularly vaginal birth). Furthermore, according to a John Wiley & Sons, Inc. research article, about 26% of women in emerging economies suffer from urinary incontinence, and the incidence of stress urinary incontinence (12.6%), is higher than that of mixed urinary incontinence (9.1%) and urgent urinary incontinence (5.3 %). Stress urinary incontinence can seriously affect a female’s quality of life leading to mental disorders, a decrease in work productivity, an increase in mortality, and social isolation. Hence, the increasing incidence of urinary incontinence is significantly increasing the demand for vaginal slings, thereby driving the market.

Moreover, urinary incontinence is a very common disorder in the geriatric population. According to a National Statistical Office report in 2021, 71 million women were aged 60 and above in 2021, and the number is expected to reach 101 million by 2031. Thus, the growing female geriatric population is anticipated to offer lucrative opportunities for the market during the study period.

Additionally, vaginal sling surgery is found to be safe, efficient, and effective, and requires minimal procedure and recovery time of about 30 to 45 minutes. Owing to its minimally invasive procedure it has replaced conventional methods such as vaginal mesh and colposuspension. Therefore, rising demand for minimally invasive surgeries is fueling the market. Furthermore, the Centers for Medicare & Medicad Services (CMS) offer reimbursements for vaginal sling procedures. Such, factors are fueling the market.

Vaginal Slings Market Report Highlights

• Based on product, the transobturator slings segment dominated the market in 2022. The growth of the segment is attributed to the shorter operative time and a relatively lower complication rate
• On the basis of type, the midurethral sling segment dominated the market with a maximum revenue share in 2022. The growth is attributed tothe advantages of the technique such as smaller incisions, minor manipulation, and minimal dissection
• Based on end use, the hospitals segment dominated the market with a maximum revenue share in 2022. The growth is attributed tothe advanced facilities offered by hospitals and the requirement for longer stays in hospitals for traditional vaginal sling procedures
• Europe dominated the market in 2022. The growth of the region is driven by factors such as the presence of key operating players and a large base of patient population. In addition, the increasing prevalence of chronic diseases such as diabetes and neurological diseases and the growing geriatric population are driving the market in the region
• Asia Pacific is expected to witness lucrative growth from 2023 to 2030, owing to rapidly advancing healthcare facilities in countries such as Malaysia, China, India, and South Korea and growing investments by healthcare providers and operating players

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