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Minimally Invasive Female Urinary Incontinence Devices Market Size
Minimally Invasive Female Urinary Incontinence Devices Market size is set to increase rapidly over 2024-2032, driven by the rising awareness about the advantages of minimally invasive surgery over open surgery, such as less pain, reduced bleeding, and faster recovery. The increasing prevalence of neurological diseases like multiple sclerosis will also proliferate the product adoption.
Growing number of elderly people in middle- and low-income countries will foster market over 2024-2032. In addition, the rise in healthcare expenditure in developing economies and the deployment of cutting-edge technologies in minimally invasive surgeries will also fuel industry progression over the forecast duration.
Minimally Invasive Female Urinary Incontinence Devices Market Trends
One notable trend is the increasing advancements in technology aimed at providing more effective and patient-friendly solutions. Innovations include the development of procedures such as urethral bulking agents and injectable therapies, offering less invasive alternatives to traditional surgical interventions. Additionally, there is a growing emphasis on personalized treatment approaches, with devices tailored to individual patient needs and anatomical variations. The integration of digital health technologies, such as remote monitoring and telemedicine, is enhancing patient care and improving treatment outcomes. This will further shape the minimally invasive female urinary incontinence devices industry outlook.
Minimally Invasive Female Urinary Incontinence Devices Market Analysis
Urinary catheters segment is expected to generate considerable gains by 2032, due to the rising incidence of spinal cord injury, and the advantages of the product among bed-bound patients. Urinary catheters can be customized to suit individual patient needs, offering a personalized approach to treatment. Additionally, advancements in catheter technology have led to the development of innovative products that are more comfortable, easier to use, and less likely to cause complications.
Based on incontinence type, the functional incontinence segment will account for a major market share over the forthcoming years backed by the growing prevalence of neurological conditions such as Parkinson's disease, which is among the main causes of functional incontinence. In April 2023, according to the latest data from the Parkinson's Foundation, over 10 million people suffer from Parkinson's worldwide. As awareness of urinary incontinence and its impact on the quality-of-life increases, there is a growing demand for effective solutions with minimal discomfort and downtime. Manufacturers are responding to this demand by developing innovative devices such as urethral inserts, urethral slings, and injectable bulking agents, which provide reliable and long-lasting relief for functional incontinence sufferers.
Latin America minimally invasive female urinary incontinence devices market will depict a strong growth rate through 2032, driven by the high burden of diabetes among adults in Brazil, which can lead to a rise in incontinence. Furthermore, the escalating number of people with overactive bladder and the potential increase in geriatric people will stimulate the regional industry gains.
Minimally Invasive Female Urinary Incontinence Devices Market Share
The notable market players include:
- Cogentix Medical (Laborie)
- Promedon
- Prosurg
- Covidien (Medtronic)
- Cook Medical
- Ethicon (Johnson & Johnson)
- ConvaTec
- Caldera Medical
- C. R. Bard (BD)
- Karl Storz
- Coloplast
- Baxter
- Boston Scientific
These companies are focusing on new product launches and collaborations, among other strategies to reinforce their presence in the competitive industry.
Minimally Invasive Female Urinary Incontinence Devices Industry News
- In March 2023, Coloplast A/S launched a novel single-use male intermittent catheter equipped with innovative technology aimed at minimizing the probability of urinary tract infections.
- In April 2023, Avation Medical obtained 510(k) clearance from the FDA for Vivally, its intelligent bladder control system. Designed as a non-invasive therapy device and mobile application, Vivally targets patients experiencing urinary urgency and urge urinary incontinence (UUI) associated with overactive bladder (OAB) syndrome.