VAGINAL SLINGS MARKET ANALYSIS

Vaginal Slings MarketSize and Trends

Global Vaginal Slings Market Drivers

Increasing prevalence of urinary incontinence is expected to drive global vaginal slings market growth over the forecast period. According to the Global Forum of Incontinence (GFI), in 2018 incidence of urinary incontinence is higher in females compared to males. According to the same source, prevalence of urinary incontinence in women aged 20 and above, is around 12.4% and in around 45% in women over the age of 40. Moreover, majority of these women suffer from daily urinary incontinence and stress urinary incontinence. For instance, according to same source 51% of females suffered from stress urinary incontinence, 11% suffer from urge urinary incontinence, and 17% suffered from mixed urinary incontinence. As a result, high global incidence of urinary continence is expected to drive demand for vaginal slings in the near future.

Vaginal slings placed using minimally invasive procedures are expected to witness significant growth in global vaginal slings market as compared to slings placed using invasive procedures. Key players in the market are focused on launching products for treatment of urinary incontinence. For instance, in 2013, American Medical Systems (AMS) launched the MiniArc Pro single-incision sling system for treating stress urinary incontinence in women. Moreover, Boston Scientific has innovative product line for treatment of urinary incontinence such as Advantage System, Obtryx System, and Lynx System. Moreover, reimbursements for vaginal sling placement procedures are available from organizations such as Centers for Medicare & Medicaid Services (CMS). Such factors are expected to propel global vaginal slings market growth over the forecast period.