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Vaginal Slings Market Size

Report ID: GMI3335
Published Date: Jan 2024
Report Format: PDF

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Vaginal Slings Market Size

Vaginal Slings Market size was valued at over USD 1.6 billion in 2023 and is estimated to expand at 9% CAGR from 2024 to 2032 attributed to the rising prevalence of stress urinary incontinence (SUI), and the strong demand for minimally invasive procedures. As per reports, around 1 in 3 people who were assigned female at birth (AFAB) will experience SUI at some point. This growing disease burden along with the aging global population will drive the market growth.

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Continuous advancements in surgical techniques and materials used in vaginal sling treatments are helping to improve efficacy, safety, and overall patient outcomes. The integration of technological innovations is serving as a compelling factor, attracting both healthcare providers and patients, thereby contributing to the product uptake.

Vaginal Slings Market Report Attributes
Report Attribute	Details
Base Year:	2023
Vaginal Slings Market Size in 2023:	USD 1.6 Billion
Forecast Period:	2024 to 2032
Forecast Period 2024 to 2032 CAGR:	9%
2032 Value Projection:	USD 3.6 Billion
Historical Data for:	2018 - 2023
No. of Pages:	150
Tables, Charts & Figures:	268
Segments covered:	Product, Incontinence Type, Type, End-use, and Region
Growth Drivers:	Increasing prevalence of urinary incontinence (UI) Growing geriatric population Increasing advancements in surgical techniques Rising awareness of pelvic floor disorders and their treatment options
Pitfalls & Challenges:	High cost of vaginal sling procedure Safety and efficacy concerns

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However, the high costs associated with surgical procedures and equipment can limit accessibility for patients, particularly in low-income regions. Regulatory challenges and complicated approval processes can delay the introduction of new products, while different fee structures in diverse regions can make market expansion more difficult. Limited awareness and social stigma regarding urinary incontinence and its treatment is further preventing patients from seeking medical help.

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

Vaginal slings market size crossed USD 1.6 billion in 2023 and is expected to register 9% CAGR from 2024-2032 owing to the rising prevalence of stress urinary incontinence (SUI), and the strong demand for minimally invasive procedures worldwide.

Vaginal slings industry from the transobturator slings segment is expected to register 8.5% CAGR from 2024-2032 due to patients often preferring minimally invasive procedures over traditional open surgical techniques.

North America vaginal slings industry reached over USD 385 million in 2023 and is expected to register 8.6% CAGR from 2024-2032 due to ongoing advancements in surgical techniques, materials, and design of vaginal slings in the region.

UroCure, B. Braun, Melsungen AG, Betatech Medical, Boston Scientific Corporation, Caldera Medical, Coloplast Corp, Cousin Surgery, Johnson & Johnson Services, Inc., Lotus Surgicals, Neomedic International, and Promedon S.A., are some of the major vaginal slings companies worldwide.