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- Medical Devices
- Intravaginal Device Market
Intravaginal Device Market
Intravaginal Device Market - Global Industry Analysis 2016 - 2020 and Opportunity Assessment 2021 - 2031
Intravaginal Device Market Forecast and CAGR:
According to the latest research by Persistence Market Research, the intravaginal device market is anticipated to witness 11.3% growth during the forecast period from 2021 to 2031. This noteworthy growth will be experienced due to the high prevalence of stress urinary incontinence, especially in women. Therefore, intravaginal device demand is expected to increase significantly during the forecast year from 2021 to 2031.
What is Driving Demand for Intravaginal Device?
The demand for the gynaecological and intravaginal device is increasing with the rising elderly women population and changes in the lifestyle of women such as work stress, bad eating habit and disturbed sleeping schedules. These factors drive the demand for intravaginal devices during the forecast period from 2021 to 2031.
Other factors that are driving the demand for intravaginal device are increasing awareness towards sexually transmitted diseases in women and the introduction of innovative devices that cause minimal discomfort with better efficiency. Thus, it is driving the demand of intravaginal device during the forecast period from 2021 to 2031 across the globe.
Also, the demand for contraceptive devices increases that enhances the demand for intravaginal device globally during the forecast period from 2021 to 2031.
Surging Cases of Female Stress Urinary Incontinence Likely to Augment Intravaginal Device:
A condition that causes unintentional urination is termed stress urinary incontinence. This is more common in women as compared to men. Stress urinary incontinence commonly occurs during different physical activities such as running, sneezing, or other simple activities that exert pressure on the urinary bladder.
Stress urinary incontinence has a great impact on the emotional, psychological, and social life of the person suffering from the problem. Thus, it propels the development of effective solutions or devices for its treatment.
According to a publication of Indian Journal of Community Medicine in 2018, the prevalence of urinary incontinence and stress urinary incontinence was 26.47% and 13.9% respectively. Postmenopausal women are at higher risk of stress urinary incontinence.
Thus, it enhances the market of intravaginal device during the forecast period from 2021 to 2031 in the world.
U.S. and Canada Intravaginal Device Market Outlook:
U.S. and Canada remain the predominant market for intravaginal device because of the rising prevalence of stress urinary incontinence in the region.
According to the study conducted by the Department of Obstetrics & Gynaecology, Sweden in 2018, the prevalence of urinary incontinence was from 1.7% to 36.4% in U.S. populations.
Thus, the demand for intravaginal device will increase in the region during the forecast period from 2021 to 2031.
Europe Demand Outlook for Intravaginal Device:
The demand for the intravaginal device will be increased in Europe because of the presence of rising patients in the region.
According to the study conducted by the Department of Obstetrics & Gynaecology, Sweden in 2018, the prevalence of urinary incontinence was from 1.8% to 30.5% in European populations.
Thus, there will be growth in the intravaginal device market in the region during the forecast period from 2021 to 2031.
Who are the Key Manufacturers and Suppliers of Intravaginal Device?
The key players of intravaginal device include
- Bioteque America Inc.
- Bray Group Limited.
- Gyneas
- MEDGYN PRODUCTS INC.
- Panpac Medical Corp.
- Sugar International
- Thomas Medical
- CooperSurgical Inc.
- Others.
They follow certain strategies to live in the market like product launch, product approval, patent gaining, expansion, acquisition and merger. For instance, in May, 2021, CooperSurgical announced the acquisition of obp Medical that strengthen the CooperSurgical portfolio of single-use illuminating vaginal speculums, anoscopes and laryngoscopes.
The report covers exhaustive analysis on:
- Intravaginal device market Segments
- Intravaginal device market Dynamics
- Neonatal Jaundice Testing market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America ( Brazil, Mexico, Argentina, Rest of Latin America)
- Europe (Germany, Italy, UK, Spain, France, Russia, Rest of Europe)
- South Asia (India, Indonesia, Malaysia, Thailand, Rest of South Asia)
- East Asia (Japan, South Korea, China)
- Oceania ( Australia, New Zealand)
- Middle East and Africa (GCC, Turkey, South Africa, Rest Of MEA)
Report Highlights:
- Detailed overview of Intravaginal device market
- Changing market dynamics in the industry
- In-depth Intravaginal device market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.
