Global Vaginal Slings Market 2017-2021

Overview of the global vaginal slings market

The rise in chronic diseases such as diabetes and neurological diseases such as multiple sclerosis and Parkinson's disease has led to the rise in the incidence of urinary incontinence among women. Research analysis on the global vaginal slings market identifies that this rising occurrence of urinary incontinence will be one of the major factors that will have a positive impact on the market's growth. This increases the adoption of urinary incontinence products such as vaginal slings. Technavio's market research analysts predict that this market will grow at a CAGR of more than 10% by 2021.

The introduction of reimbursement policies for vaginal sling procedures is one the major trendsa rhat will gain tractio in this market during the forecast period. The presence of favorable reimbursement policies reduces the economic burden. To enable several people afford vaginal sling surgeries, the US already provides cover for these products under an insurance scheme. With the rise in number of reimbursement initiatives by governments across the globem the demand for urinary incontinence products such as vaginal slings will subsequently increase in the coming years.

Competitive landscape and key vendors

The market has the presence of several regional and international players and is highly competitive. Product pricing, availability, brand, and variety are some of the major factors the vendors in the market compete on. To sustain the competition and to increase their market shares, the vendors have the need to expand their geographical presence and revive the domestic demand.

The leading vendors in the market are -

• C. R. Bard
• Boston Scientific
• Coloplast
• Ethicon

The other prominent vendors in the market are Betatech Medical, Caldera Medical, Cook Medical, Covidien (Medtronic), and ProSurg

Segmentation by application and analysis of the vaginal slings market

• Clinics
• Hospitals

During 2016, the hospitals segment accounted for the major shares of this market. Owing to the availability of sufficient infrastructure, hospitals provide a wide range of vaginal sling procedures. Additionally, they also establish effective relations with suppliers, which in turn, will help them procure products at discounted rates.

Geographical segmentation and analysis of the vaginal slings market

• Americas
• APAC
• EMEA

The Americas will contribute to the major revenue share of the vagial slings market during the next four years. Factors such as the rise in aging population, the increasing incidence of urinary incontinence, and the growing awareness among the general population, will fuel the market's growth prospects in this region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global vaginal slings market?
• What are the key market trends impacting the growth of the global vaginal slings market?
• What are the challenges to market growth?
• Who are the key vendors in the global vaginal slings market?
• What are the market opportunities and threats faced by the vendors in the global vaginal slings market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global vaginal slings market?

Technavio also offers customization on reports based on specific client requirement.