Health and Wellness
Overview of the cosmetic surgery market
Technavio’s market research analysts have predicted that the global cosmetic surgery market will grow at a rapid pace and will post a CAGR of close to 7% over the forecast period. In the recent years, it has been observed that a lot of importance is associated with the physical appearance of an individual, which is one of the primary factors driving the growth of the global cosmetic surgery market. Besides boosting self-confidence and self-esteem, cosmetic surgery also helps in gaining acceptability in social situations as well as the workplace. Also, people in countries such as Brazil, the US, and Venezuela pay a lot of attention to their looks, and hence, the number of people undergoing surgical procedures, such as liposuction, breast augmentation, tummy tuck, and non-surgical procedures like facial rejuvenation procedures is high in these countries. Moreover, the affordability of cosmetic surgeries has increased in developing countries. Higher disposable incomes in Pacific Rim countries such as Malaysia, Indonesia, and Vietnam are expected to drive market growth even further.
Cosmetic surgery is slowly but steadily gaining popularity with the male population, and this is anticipated to escalate in the coming years. There has been a considerable increase in both surgical and nonsurgical options over the past five years. Moreover, according to a recent study, approximately 70% of men have shown interest in cosmetic surgeries, where balanced nose, face rejuvenation, and a trimmer waistline are common goals among men. The rising popularity of cosmetic surgeries among men due to the desire to look youthful will contribute to this market’s growth over the next four years.
Competitive landscape and key
Overview of the global premature ejaculation market
Technavio’s market research analyst predicts the global premature ejaculation market to grow at a CAGR of more than 9% by 2020. Recently, some of the major pharmaceutical companies in the market have started focusing on the development of new treatment methods for premature ejaculation. They have come up with Botox, which is injected into the bulbospongiosus, the exterior muscle in the penis that is responsible for erections, orgasms, and ejaculation. Another treatment gaining traction in the market is the Long Love condom, which contains local anaesthetics such as benzocaine and lidocaine. The men using the condom can easily extend the ejaculation duration during sexual intercourse. The market is also witnessing the introduction of several alternative treatments for premature ejaculation, which include herbal medications such as cinnamon bark, angelica, clove, and dong quai. These are used as vitamins and supplements and are launched as medications with less side effects.
During 2015, the Americas was the largest revenue-generating region in the market and accounted for more than 53% of the total market revenue. A major reason for the market growth in the Americas is a significant rise in the number of premature ejaculation patients due to psychological factors such as strain and stress resulting from the ever-changing lifestyle. Factors such as the increase in awareness among public and health professionals of the signs and symptoms of premature ejaculation and the necessity to treat the condition for a satisfactory sex life will boost the growth of the market in this region.
Competitive landscape and key vendors
The market is oligopolistic by nature and is dominated
Outlook of the global oral hygiene market
Technavio’s market research analyst predicts the global oral hygiene food market to grow moderately at a CAGR of about 4% during the forecast period. Growing oral hygiene awareness among consumers is one of the major growth drivers for this market. Also, the proliferation of various oral conditions like tooth loss, dental caries, periodontitis among the aging population, and dry mouth and oral cancer will further enhance the prospects for growth in this market.
Improved packaging of products is expected to impel market growth during the forecast period. The vendors in this market are constantly innovating in packaging, formulations, and promotional activities. For instance, Colgate-Palmolive has committed to developing a recyclable toothpaste tube or package, which would reflect a commitment to sustainability in its product category. This is likely to gain significant traction among end users as most people prefer purchasing products that are eco-friendly.
Product-based segmentation of the oral hygiene market
The primary oral hygiene segment currently dominates this market and accounts for more than 70% of the total market share. Much of this segment’s growth can be attributed to the high usage of primary products such as toothpaste, toothbrush, and replacement heads by end users. The market share of the primary segment is likely to witness a slight decrease by 2020 due to the availability of secondary oral hygiene products, such as mouthwash, at a lower cost.
Geographical segmentation of the oral hygiene market
Global outlook of the connected health market
Extensive research carried out by the market research analysts at Technavio has shown that the global connected health market will witness tremendous growth and will post an impressive CAGR of more than 26% over the forecast period. The changing healthcare scenario demands the entire healthcare ecosystem ranging from hospitals, medical practitioners, resources, insurance coverage, and regulatory framework to be well equipped to handle the increasing volume of patient information. Connected health has led to the development of new products and services based primarily on the smooth sharing of patient health data across the entire market to create a complete view of the population. Moreover, the introduction of advanced devices for patient health information and medical history provide improved visibility to doctors. This ensures the continuous monitoring of patients as the focus has now shifted to improving patient health rather than manually preparing the records. With the proper use of these solutions, smaller medical errors can be eliminated, increasing savings for hospitals and patients. Thus, the focus of healthcare is gradually shifting to consumerism, easy access, regulation, mobility to create a holistic health care services framework, and compliance, which will boost this market’s growth prospects in the coming years.
The increasing adoption of telemedicine is one of the emerging trends that is anticipated to drive this market’s growth during the predicted period. Telemedicine is the delivery of long-distance healthcare solutions with the help of telecommunications technology. For instance, Google’s Helpouts is a telemedicine
Overview of the erectile dysfunction market
The global erectile dysfunction market is anticipated to witness slow growth and will reach close to USD 4 billion until the end of 2020. Globally, there has been an increase in the number of people with prostate cancer, which is one of the most common type of cancers among men. The treatment involves the removal of the prostate gland, which can result in impaired sexual function in at least half of the men who undergo this treatment. Prostate cancer does not directly cause erectile dysfunction (ED). However, the treatment methods, such as surgery with radical prostatectomy, hormone therapy or radiation therapy can cause ED among men.
One of the emerging trends propelling this market’s growth prospects is the augmented demand for penile implants. In many countries, the demand for penile implants is increasing as a result of the growing number of ED cases. This has led many pharmaceutical firms to invest in the R&D of new technologies to develop new products and upgrade their existing offerings. Furthermore, many countries in APAC such as China and Japan have a large older adult population. Penile implants were first introduced in China in 2002 but witnessed limited adoption due to its high cost and poor acceptance. However, with reviving global economy and increase in disposable income, the market for penile implants is likely to show a gradual growth during the forecast period.
Competitive landscape and key vendors
The global erectile dysfunction market is oligopolistic in nature and is dominated by a few large companies around the world including Eli Lilly, Pfizer, Boston Scientific, Coloplast, Bayer, and Apricus Biosciences. Presently, the market has a broad range of solutions to treat ED, including
An adult vibrator, or simply a vibrator, is a sex toy that vibrates to massage the body and stimulate the nerves to create a pleasurable feeling, which enhances orgasm. Vibrators were initially used by women who had difficulty reaching orgasm through masturbation or intercourse. However, at present, these toys are used to enhance orgasm and create a sexual stimulation, sometimes even during intercourse. In the US, the recent paradigm shift in consumers’ preference coupled with changing social norms will foster the demand for adult vibrators. Adameve, FUN FACTORY, Lovehoney, and Barnaby will be some of the key players in this market space in the US in the coming years.
The report, adult vibrator market in the US, is a part of Technavio’s new research areas portfolio. This portfolio provides a comprehensive market analysis along with the market share, market sizing, and market segmentations covering areas such as agricultural equipment, furniture and home furnishing, health and wellness, home kitchen and large appliances, lab equipment, and outdoor gear. These market research reports provide a perspective on the various market opportunities and market threats along with the key trends that would influence the market growth during the forecast period. It presents insights into the changing competitive landscape and a detailed profiling and market analysis of the vendors. Also covered in the research are the key regions or