Research Nester’s recent market research analysis on “Vaginal Slings Market: Global Demand Analysis & Opportunity Outlook 2036” delivers a detailed competitors analysis and a detailed overview of the global vaginal slings market in terms of market segmentation by type, end-user and by region.
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Increasing Prevalence of Urinary Incontinence and Rising Cases of Weakening of Pelvic Floors Muscles to Promote Global Market Share of Vaginal Slings Market
The global vaginal slings market is estimated to grow majorly on account of the rising demand for minimally invasive procedures and growing technological advancements to fuel the global vaginal slings market growth in the forecasted period. The ongoing advancements in the technologies and rising prevalence of SUI (stress urinary incontinence) are also acting as catalysts for global vaginal slings market growth. Other than this, the common urinary tract infections reported in the elderly population are pyelonephritis (14%), cystitis (37%), urosepsis (11%), etc. Hence, the growing prevalence of urinary tract infections is also an imperative factor propelling the growth of the vaginal slings market during the forecast period. Furthermore, the vaginal slings are widely utilized in surgical treatment of surgical incontinence in women. In the year 2019, the rate of surgery for SUI was almost 40 procedures per 100,000 women a year. This is also expected to fuel the global vaginal slings market growth during the forecast period.
Some of the major growth factors and challenges that are associated with the growth of the global vaginal slings market are:
Growth Drivers:
• Surge in Technological Advancements in Sling Designs
• Increase in Patient Awareness and Education
Challenges:
Safety concerns and complications associated with the vaginal slings, legal and ethical issues, and reimbursement challenges are some of the major factors anticipated to hamper the global market size of global vaginal slings market.
By end user, the global vaginal slings market is segmented into hospitals, ambulatory surgical centers, and gynecology clinics. Out of this, the hospitals segment is projected to garner a remarkable share in the year 2036. The aim to develop ultra-modern infrastructure for hospitals equipped with all facilities is also a remarkable growth driver for the hospital segment in the global vaginal slings market. For instance, in the US almost 7000 hospitals in the year 2021, and number is going to increase in the future. These hospitals are progressively adopting minimally invasive surgical techniques, including vaginal sling procedures.
By region, the Europe, global vaginal slings market is to generate the highest revenue by the end of 2036. The presence of state-of-the-art healthcare infrastructure, technological advancements, and skilled professionals are expected to boost the vaginal slings market in Europe. Other than this, the government is investing in healthcare development, driving the growth of the vaginal slings market.
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