Press release
Global Vaginal Rejuvenation Systems Market was valued at USD 6.05 billion in 2021, analyzes DelveInsight
Global vaginal rejuvenation systems market was valued at USD 6.05 billion in 2021, growing at a CAGR of 10.14% during the forecast period from 2022 to 2027 to reach USD 10.79 billion by 2027. The demand for vaginal rejuvenation systems is witnessing a surge primarily due to the rising prevalence of rising geriatric population, increasing prevalence of pelvic floor disorders, growing focus towards cosmetic procedures, and the increasing disposable income which are expected to contribute in the growing product demand thereby boosting the growth of the of the vaginal rejuvenation systems market during the forecast period from 2021-2026.Vaginal Rejuvenation Systems: An Overview
Vaginal rejuvenation systems are new, non-invasive, energy-based systems, offer a way for nonsurgical vulvovaginal correction procedures that can be performed by a wider range of practitioners including dermatologists.
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Vaginal Rejuvenation Systems Market
Vaginal Rejuvenation Systems Market By Product Type (Laser [Co2 And ER:YAG] And Radiofrequency), By Application (Functional Rejuvenation And Cosmetic Rejuvenation), By End User (Hospitals And Specialty Clinics), and by geography is expected to grow at a steady CAGR (forecast period- 2022-2027) owing to increasing prevalence of pelvic floor disorders due to rising geriatric population and technological advancements in new vaginal rejuvenation systems.
Recent Developmental Activities in Vaginal Rejuvenation Systems Market:
• In February 2021, Viveve Medical Inc. announced that it obtained the South Korean patent No. 10-2197234 titled, Vaginal Remodeling Device and Method, for its novel dual-energy technology device, thus expanding the company's intellectual property portfolio in the South Korean market.
Key Takeaways from the Vaginal Rejuvenation Systems Market Report Study
• Market size analysis for current vaginal rejuvenation systems market size (2021), and market forecast for 5 years (2022-2027)
• The effect of the COVID-19 pandemic on this vaginal rejuvenation systems market is significant. To capture and analyze suitable indicators, our experts are closely watching the vaginal rejuvenation systems market.
• Top key product/services/technology developments, merger, acquisition, partnership, joint venture happened for last 3 years
• Key companies dominating the Global Vaginal Rejuvenation Systems Market.
• Various opportunities available for the other competitor in the Vaginal Rejuvenation Systems Market space.
• What are the top performing segments in 2021? How these segments will perform in 2027.
• Which is the top-performing regions and countries in the current vaginal rejuvenation systems market scenario?
• Which are the regions and countries where companies should have concentrated on opportunities for vaginal rejuvenation systems market growth in the coming future?
COVID19 Impact on Vaginal Rejuvenation Systems Market
Along with the factors mentioned above, the vaginal rejuvenation systems market witnessed a period of slow growth due to the COVID-19 pandemic. The lockdown implemented by various governments worldwide to curb the spread of the COVID-19 infection resulted in suspension of various surgeries and outpatient consultations across virtually all medical specialties including cosmetic surgeries. The elective procedures were postponed as the number of new COVID-19 cases had reached a peak, many clinics were closed, and such procedures were down by approximately half of the surgical volumes compared to previous years resulting in the low demand for vaginal rejuvenation systems. However, the approval of various COVID-19 vaccines and the efforts in the direction of mass vaccination has paved the way for recovery in revenue generation in the vaginal rejuvenation systems market, thereby providing a positive growth environment for the energy-based vaginal rejuvenation systems market during the forecast period.
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Vaginal Rejuvenation Systems Market Dynamics
The vaginal rejuvenation systems market is experiencing an increase in product demand for a variety of reasons with one of the key reasons being rising geriatric female population. As per the data provide by the World Health Organization in their Decade of Healthy Ageing (2020-2030) report, the number of people aged 60 years and older will be increasing, from one billion in 2019 to 1.4 billion in 2030. By 2050, the global population of older people will have more than doubled, to 2.1 billion. Demographical patterns show that women tend to live longer than men. The above-mentioned source further stated that in 2017, women accounted for 54% of the global population aged 60 years or older and 61% of those aged 80 years or older. Between 2020 and 2025, women's life expectancy at birth will exceed that of men by 3 years. With growing age, women are considered to be susceptible to various pelvic floor disorders such as urinary incontinence and pelvic floor prolapse. These are attributed to physiological changes brought about as a result of aging. Therefore, in order to reduce the severity of such disorders, vaginal rejuvenation systems are being employed in the non-invasive treatment of functional rejuvenation of vagina in older women, thereby presenting a positive growth outlook for the global vaginal rejuvenation systems market during the forecast period.
Vaginal Rejuvenation Systems Market Segment Analysis
• Vaginal Rejuvenation Systems Market by Product Type (Laser [CO2 and ER:YAG] and Radiofrequency)
• Vaginal Rejuvenation Systems Market by Application (Functional Rejuvenation and Cosmetic Rejuvenation)
• Vaginal Rejuvenation Systems Market by End User (Hospitals and Specialty Clinics)
• Vaginal Rejuvenation Systems Market by Geography (North America, Europe, Asia-Pacific, and Rest of the World)
Asia-Pacific is expected to register fastest growth in the overall Vaginal Rejuvenation Systems Market:
Among all the regions, Asia-Pacific is expected to account for the fastest growth in terms of CAGR in the vaginal rejuvenation systems market. The key driving factors of the vaginal rejuvenation market are high birth rate in the region, presence of large elderly female population, increasing disposable income, and rising investments and big collaborative expansions by key players in the region. Moreover, the increased healthcare awareness is also driving the growth of the APAC vaginal rejuvenation systems market.
As per the estimates provided by the World Economic Forum (2021), the gross domestic product in the APAC region increased from USD 15,133.08 billion to the projected GDP of 30,280.20 billion by 2024, contributing to roughly 60% to the global GDP growth by 2030. The increase in GDP is representative of the rising disposable income in the region, which will improve the spending power of customers on various products and services including healthcare services. The increasing disposable income has been a major contributing factor in the growing demand for cosmetic and restoration procedures in the region. There has been a constant increase in the cosmetic genital procedures which has resulted in the growing popularity of energy-based vaginal rejuvenation systems. Therefore, the growing financial prosperity in the region is expected to drive the demand for cosmetic procedures which in turn is expected to contribute in the product demand for vaginal rejuvenation systems driving the Asia-Pacific vaginal rejuvenation systems market.
Vaginal Rejuvenation Systems Market Companies
Some of the key market players operating in the vaginal rejuvenation systems market includes Fotona, Alma Lasers, DEKA M.E.L.A. srl, Lutronic, Venus Concept, BTL Group of Companies, Sciton, Inc, Viveve Solutions, INTERmedic Arfran, Lumenis Be Ltd, VYDENCE® Medical, Candela Medical, Quanta System, MedArt ApS, Sincoheren Ltd, Asclepion Laser Technologies GmbH, Vertex Lasers, CAPENERGY MEDICAL, Beijing ADSS Development Co. Ltd and others.
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Table of Content
1. Vaginal Rejuvenation Systems Market Report Introduction
2. Vaginal Rejuvenation Systems Market Executive Summary
3. Regulatory and Patent Analysis
4. Vaginal Rejuvenation Systems Market Key Factors Analysis
5. Vaginal Rejuvenation Systems Market Porter's Five Forces Analysis
6. COVID-19 Impact Analysis on Vaginal Rejuvenation Systems Market
7. Vaginal Rejuvenation Systems Market Layout
8. Vaginal Rejuvenation Systems Market Global Company Share Analysis - Key 3-5 Companies
9. Vaginal Rejuvenation Systems Market Company and Product Profiles
10. KOL Views
11. Project Approach
12. About DelveInsight
13. Disclaimer & Contact Us
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DelveInsight is a Business Consulting and Market research company, providing expert business solutions for the healthcare domain and offering quintessential advisory services in the areas of R&D, Strategy Formulation, Operations, Competitive Intelligence, Competitive Landscaping, and Mergers & Acquisitions.
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