Patients suffering from erectile dysfunction initially opt for non-surgical treatment options such as oral phosphodiesterase type-5 inhibitors (Viagra, Cialis, and others), injections, injections, suppositories, and penis pumps. However, if a patient fails to respond for all the above mentioned treatment then penile implant has found to be the most common option for men seeking treatment for erectile dysfunction. For instance, according to the Cleveland Clinic, a non-profit academic medical center based in Ohio, U.S., around 20,000 American men opt for a penis implant every year. Penile implants are becoming widely accepted treatment option in the U.S. which is anticipated to boost the market growth over the forecast period. Furthermore, according to the study published in the Translational Andrology and Urology in February 2020, around 85.9% of total 63,013 total penile implantation procedures were performed in the U.S. from 2005 to 2012.
Market Dynamics
The rising prevalence of erectile dysfunction mandates the need to launch various awareness campaigns to focus on the treatment of this condition. Several manufacturers such as Pfizer are focusing on launching campaigns regarding erectile dysfunction. Some noteworthy examples are European impotence awareness campaign and unbranded erectile dysfunction awareness campaign aiming at younger men. For instance, in the U.S., February 14 is considered as a National Impotence Day, where the government and healthcare workers create awareness about erectile dysfunction, its causes, and the available treatment options for erectile dysfunction. Moreover, they also focus on the types of erectile dysfunction and how it affects the mental health.
Furthermore, several market players commercialize various technologically advanced non-invasive devices for the treatment of erectile dysfunction, which is expected to boost the market growth over the forecast period. For instance, Vertica is a non-invasive home use medical device designed to enhance erectile quality, which is manufactured by OHH-MED Medical Ltd., a medical device company.
Key features of the study:
- This report provides an in-depth analysis of global erectile dysfunction devices market, provides market size (US$ Million), and compound annual growth rate (CAGR %) for the forecast period (2021-2028), considering 2020 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
- It profiles leading players in the global erectile dysfunction devices market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include Boston Scientific Corporation, Coloplast Corp., Zephyr Surgical Implants, Owen Mumford Ltd., Augusta Medical Systems, Storz medical AG, Promedon, The Elator, Timm Medical, and Silimed
- Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
- The global erectile dysfunction devices market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision making through various strategy matrices used in analyzing the global erectile dysfunction devices market
Detailed Segmentation:
- Global Erectile Dysfunction Devices Market, By Device Type:
- Non-Surgical Devices
- Vacuum Constriction Devices
- Erectile Dysfunction Shockwave Generators
- External Penile Rigidity Devices
- Surgical Devices
- Vacuum Constriction Devices
- Inflatable Implants
- Malleable (Semi-Rigid) Implants
- Other Surgical Devices
- Global Erectile Dysfunction Devices Market, By End User:
- Hospitals
- Clinics
- Ambulatory Surgery Centers
- Global Erectile Dysfunction Devices Market, By Region:
- North America
- By Device Type:
- Non-Surgical Devices
- Vacuum Constriction Devices
- Erectile Dysfunction Shockwave Generators
- External Penile Rigidity Devices
- Surgical Devices
- Penile Implants
- Inflatable Implants
- Malleable (Semi-Rigid) Implants
- Other Surgical Devices
- By End User:
- Hospitals
- Clinics
- Ambulatory Surgery Centers
- By Country:
- Latin America
- By Device Type:
- Non-Surgical Devices
- Vacuum Constriction Devices
- Erectile Dysfunction Shockwave Generators
- External Penile Rigidity Devices
- Surgical Devices
- Penile Implants
- Inflatable Implants
- Malleable (Semi-Rigid) Implants
- Other Surgical Devices
- By End User:
- Hospitals
- Clinics
- Ambulatory Surgery Centers
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- By Device Type:
- Non-Surgical Devices
- Vacuum Constriction Devices
- Erectile Dysfunction Shockwave Generators
- External Penile Rigidity Devices
- Surgical Devices
- Penile Implants
- Inflatable Implants
- Malleable (Semi-Rigid) Implants
- Other Surgical Devices
- By End User:
- Hospitals
- Clinics
- Ambulatory Surgery Centers
- By Country:
- U.K.
- Germany
- Italy
- Spain
- France
- Russia
- Rest of Europe
- Asia Pacific
- By Device Type:
- Non-Surgical Devices
- Vacuum Constriction Devices
- Erectile Dysfunction Shockwave Generators
- External Penile Rigidity Devices
- Surgical Devices
- Penile Implants
- Inflatable Implants
- Malleable (Semi-Rigid) Implants
- Other Surgical Devices
- By End User:
- Hospitals
- Clinics
- Ambulatory Surgery Centers
- By Country
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- By Device Type:
- Non-Surgical Devices
- Vacuum Constriction Devices
- Erectile Dysfunction Shockwave Generators
- External Penile Rigidity Devices
- Surgical Devices
- Penile Implants
- Inflatable Implants
- Malleable (Semi-Rigid) Implants
- Other Surgical Devices
- By End User:
- Hospitals
- Clinics
- Ambulatory Surgery Centers
- By Country:
- GCC
- Israel
- Rest of Middle East
- Africa
- By Device Type:
- Non-Surgical Devices
- Vacuum Constriction Devices
- Erectile Dysfunction Shockwave Generators
- External Penile Rigidity Devices
- Surgical Devices
- Penile Implants
- Inflatable Implants
- Malleable (Semi-Rigid) Implants
- Other Surgical Devices
- By End User:
- Hospitals
- Clinics
- Ambulatory Surgery Centers
- By Country/Region:
- South Africa
- Central Africa
- North Africa
- Company Profiles
- Boston Scientific Corporation*
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- Coloplast Corp.
- Zephyr Surgical Implants
- Owen Mumford Ltd.
- Augusta Medical Systems
- Storz medical AG
- Promedon
- The Elator
- Timm Medical
- Silimed
“*” marked represents similar segmentation in other categories in the respective section.
