Global Vaginal Sling market analysis 2024, Forecast To 2033

4 Mar, 2024

The vaginal sling market size has grown strongly in recent years. It will grow from $1.4 billion in 2023 to$1.53 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to increasing prevalence of stress urinary incontinence, advancements in surgical techniques, rising aging population, regulatory approval, healthcare infrastructure development. The vaginal sling market size is expected to see strong growth in the next few years. It will grow to $2.14 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to growing demand for minimally invasive procedures, increasing healthcare expenditure, expanding geriatric population, patient preference for outpatient procedures, increasing awareness through marketing initiatives. Major trends in the forecast period include technological advancements, product innovations, minimally invasive procedures, global expansion and market penetration, patient-centric approaches.

Global Vaginal Sling Market Key Driver

The burgeoning female geriatric population is poised to energize the vaginal sling market in the coming years. This demographic segment, comprising individuals aged 65 and above, faces challenges such as stress urinary incontinence (SUI) and other urinary incontinence issues, necessitating the use of vaginal slings for treatment and management. Statistics Netherlands reported a female population totaling 2,172 residents in the Netherlands as of January 2023, with a significant number of women aged 90 and above, totaling 95,090, alongside 40,128 men in the same age group. Consequently, the expanding female geriatric population is propelling the growth of the vaginal sling market, with projected market values of $X in 2023, and further growth anticipated in 2024 and 2028.

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Global Vaginal Sling Market Segments

The global vaginal sling market covered in this report is segmented –
1) By Product Type: Transobturator Slings, Tension-free Vaginal Tape Sling, Other Product Types
2) By Material-Type: Tissue Slings, Synthetic Slings
3) By Type of Urinary Incontinence: Stress Urinary Incontinence, Urge Urinary Incontinence, Mixed Urinary Incontinence
4) By End User: Hospitals, Clinics, Other End Users
By Geography: The regions covered in the vaginal sling market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. North America was the largest region in the Vaginal Slings market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vaginal sling market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Major Vaginal Sling Industry Players

Betatech Medical Inc., Boston Scientific Corporation, Caldera Medical Inc., Coloplast A/S, B. Braun Melsungen AG, Promedon GmbH, ABISS Pty Ltd., Lotus Surgicals Pvt. Ltd., American Medical Systems Holdings Inc., UroCure LLC, Neomedic International Ltd., Ethicon Inc., C. R. Bard Inc., Medtronic PLC, Agency for Medical Innovation, Abiss Analytic Biosurgical Solutions, Cook Group Incorporated, Sofradim Production SAS, Medesign Pharmaceuticals Private Limited, MedGyn Products Inc., Medica Europe BV, Medline Industries Inc., Organogenesis Holdings Inc., Prosurg Inc., Degania Medical Devices Pvt. Ltd., Regeneration Technologies Inc., SRS Medical Systems, Teleflex Inc., Uroplasty Inc., Urotech Co. Ltd., Urovision Diagnostics & Research Centre Private Limited, W.L. Gore & Associates Inc., Zimmer Biomet Holdings Inc., Johnson & Johnson Services Inc., CooperSurgical Inc., Endo International plc

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Vaginal Sling Market Overview

A vaginal sling refers to a mesh implant used to strengthen ligaments and connective tissue structures that assist in managing urine incontinence. The vaginal sling procedure is one therapy option for female stress urine incontinence.

Vaginal Sling Global Market Report 2023 provides data on the global vaginal sling market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The vaginal sling market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.