VAGINAL PESSARY MARKET ANALYSIS

Market Challenges And Opportunities

Global Vaginal Pessary Market Restraints:

• Product recalls: The increase in the number of product recalls by the regulatory authorities is expected to limit the market growth during forecast period. For instance, in February 2022, Cooper Surgical, Inc., a medical device company announced the class 2 device recall of Milex Gellhorn/Flexible ShortStem Pessary with & without kit. The reason behind the recall was the affected Milex Gellhorn pessaries that were incorrectly manufactured with a long stem (2.170), instead of a short stem (1.670 or 1.960 nominal height), as was required. The length discrepancy does not meet the released print dimensions.

Counterbalance: The manufacturing companies are expected to standardize the manufacturing and production processes of the medical devices to ensure product quality and stability.

• Patient compliance and discomfort: Achieving and maintaining patient compliance with pessary use can be challenging. Some patients may experience discomfort, irritation, or difficulty with insertion or removal, which can affect adherence to treatment. Addressing patient concerns, providing proper education and support, and offering a range of pessary options can help overcome these challenges.

Global Vaginal Pessary Market Drivers:

• Increasing prevalence of pelvic organ prolapse and stress urinary incontinence: Growing prevalence of pelvic organ prolapse and stress urinary incontinence among women is a significant driver for the vaginal pessary market. These conditions affect a large number of women worldwide, thus creating a demand for effective treatment options such as vaginal pessaries. For instance, in April 2022, according to article published in UpToDate, an electronic clinical resource tool between 15-% -80%  of women with pelvic floor dysfunction also have stress urinary incontinence (SUI) and pelvic organ prolapse (POP).
• Awareness and education: Increasing awareness about pelvic floor disorders and the availability of treatment options such as vaginal pessaries are driving the market growth of the global vaginal pessary market. Educational campaigns, initiatives by healthcare organizations, and awareness programs contribute in improving understanding and recognition of these conditions, thus leading to increased demand for treatment options.
• Rising geriatric population: The global increase in the geriatric population, who are more prone to pelvic organ prolapse, contributes to the growth of the global vaginal pessary market. As the elderly population continues to grow, the demand for treatment options to manage pelvic floor disorders is expected to rise thus the driving market growth.
• Non-invasive treatment preference: There is a growing preference for non-invasive treatment options among patients. Vaginal pessaries provide a non-invasive approach to manage pelvic organ prolapse and stress urinary incontinence, thereby avoiding the need for surgery. The demand for non-invasive treatments is increasing, which positively impacts the market growth of vaginal pessaries.

Global Vaginal Pessary Market Opportunities:

• Increasing Government Opportunities: Increasing government initiatives present a significant opportunity for the vaginal pessaries market. Governments across various regions are taking proactive steps to improve women's health and are investing in healthcare infrastructure, which includes the provision of advanced medical devices such as vaginal pessaries. In January 2021, as part of combination prevention measures, the World Health Organization suggested that women at substantial risk of HIV (human immunodeficiency virus) infection be given the option to choose the dapivirine vaginal ring (DPV-VR) as an extra preventive measure.
• Emerging markets: There is significant potential for market growth in emerging economies. Rapidly developing healthcare infrastructure, increasing disposable income, and improving healthcare awareness in countries across Asia, Latin America, and Africa present untapped opportunities for market expansion. These regions offer a large patient pool and potential market demand for vaginal pessaries.
• Technological advancements: Continued research and development in the field of vaginal pessaries present opportunities for technological advancements. Innovations in design, materials, and manufacturing processes can lead to the development of more comfortable, effective, and patient-friendly pessaries. Advancements such as adjustable pessaries or those integrated with sensors for real-time monitoring could open up new possibilities and market segments.