About Vaginal Slings
Vaginal slings are used among women to treat cases of urinary incontinence. These slings are either synthetic or made from the patient's body. A vaginal sling is placed around the urethra to help close the urethral tube. The vaginal sling procedure is becoming popular as several urologists use them for treating different types of female urinary incontinence. Vaginal slings have played a key role among women affected with urinary incontinence as they have enhanced the life of patients affected by the condition.
Technavio’s analysts forecast the global vaginal slings market to grow at a CAGR of 10.40% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global vaginal slings market for 2017-2021. To calculate the market size, the report considers the sales of vaginal slings in the market.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Vaginal Slings Market 2017-2021
Technavio recognizes the following companies as the key players in the global vaginal slings market: C. R. Bard, Boston Scientific, Coloplast, and Ethicon.
Other Prominent Vendors in the market are: Betatech Medical, Caldera Medical, Cook Medical, Covidien (Medtronic), and ProSurg
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing awareness through social media marketing. The vendors in the market are focusing on targeting potential user groups to maximize the sales of their products. Further, various associations and organizations are creating awareness through various online channels. Marketing through social media is helping manufacturers reach out to a large consumer pool and attract new consumers.”
According to the report, one driver in the market is aging women population. The increase in aging population increases the chances of urinary incontinence leading to the demand for urinary incontinence products. Chronic conditions such as bladder, liver, and kidney diseases are common in the elderly. These diseases also lead to urinary incontinence. With an increase in the aging population, there is also a rise in the number of cases of urinary incontinence that require proper treatment such as vaginal sling surgeries among women that provide a massive opportunity for the vendors in the market. Key countries that have the most aged population include Japan, South Korea, China, Germany, Israel, and the US.
Further, the report states that one challenge in the market is increasing number of product recalls. The side effects caused by vaginal sling procedures globally has prompted stringent action by several regulatory bodies such as the Food and Drug Administration (FDA). These products are considered high-risk products. Several measures have been taken and products constantly reviewed to ensure consumer safety from the use of these products. Major vendors have faced stringent actions and were forced to recall their products in several instances.
C. R. Bard, Boston Scientific, Coloplast, Ethicon, Betatech Medical, Caldera Medical, Cook Medical, Covidien (Medtronic), and ProSurg
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