Urinary Incontinence Treatment Devices Market to Grow at 7% CAGR to Reach US$ 3.65 Bn by 2025

ALBANY, USA, 2018-Jun-05 — /EPR Network/ —The urinary incontinence treatment devices market is likely to grow at 7% CAGR through 2025, and reach a valuation of US$ 3.65 Bn by the end of 2025, according to a new research study added to the comprehensive repository of Market Research Reports Search Engine (MRRSE). According to the study titled, “Urinary Incontinence Treatment Devices Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025”, a range of macroeconomic and microeconomic factors are likely to fuel demand for urinary incontinence treatment devices market during the assessment period.

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According to the report, increase in the prevalence of urinary incontinence, combined with growing awareness on the various treatment methods available for effective treatment are likely to push demand for urinary incontinence treatment devices during the assessment period. The report finds that opportunities for urinary incontinence products are likely to increase as more people are finally disclosing the problem to healthcare providers.

Although the report has a positive outlook on the urinary incontinence products market, demand remains concentrated in cities and urban areas. Awareness about the product is limited in tier II cities and suburban areas, and it is likely that these limitations could hinder the growth of the market during the assessment period.

The report has segmented the market on the basis of product, end-user, region, and incontinence type. By product type, the market has been segmented into urethral slings, artificial urinary sphincters, electrical stimulation device, and catheters. Urethral slings are available in both male and female slings – the demand for female slings is likely to be higher than male slings during the assessment period. According to the research study, female slings account for nearly 70% revenue share of the market currently.

The key end-use segments analyzed in the report include clinics, hospitals, ambulatory surgical centers, and home care. According to the research study, demand for urinary incontinence treatment solutions is highest in hospitals, as they are the first point of contact for patients. In addition to hospitals, demand for urinary incontinence products is likely to remain significant in the ambulatory surgery centers segment.

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North America is the largest market for urinary incontinence products market. The demand for urinary incontinence products in North America is concentrated in the US, whereas Canada accounts for a miniscule share of the market. According to the research study, Europe is likely to maintain its position as a lucrative market for urinary incontinence products during the assessment period.

The research study also highlights the product and business strategies of some of the leading players in the market. According to the study, some of the key players in the market include Boston Scientific Corporation, C. R. Bard, Inc. (Becton, Dickinson and Company), Coloplast Group, Promedon Group, Medtronic plc, Ethicon US, LLC. (Johnson & Johnson), S.R.L., ZSI Surgical Implants, Incontrol Medical LLC, Atlantic Therapeutics Group Ltd., A.M.I. GmbH, Hollister Incorporated, B. Braun Melsungen AG, and Teleflex Incorporated

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