Press release
Urinary Incontinence Device Market Growing Prevalence of Urologic Illness and Awareness of Advantage of Incontinence Devices
According to Precision Business Insights (PBI), the latest report, urinary incontinence device market is expected to be worth USD 3,183.2 million in 2022, growing at a 5.8% CAGR from 2022 to 2028. The primary driver of the expansion of the Global Urinary Incontinence Device Market is the increased prevalence of urinary diseases of which urinary incontinence is associated with complications and also the development of more sophisticated and advanced incontinence devices which increase patient compliance along with the awareness in the modern generation.View the detailed report description here - https://precisionbusinessinsights.com/market-reports/urinary-incontinence-device-market/
Vaginal Sling Segment to Expand the Most during the Forecast Period:
Mid-urethral sling surgery is another name for vaginal sling procedures that made the highest revenue in 2021. Muscle, ligament, and tendon tissue from the woman or an animal, such as a pig, may be utilized to make the sling. It might alternatively be made of synthetic materials like absorbable polymers that degrade over time or plastic that is compatible with bodily tissues. A February 2021 article titled "Urinary Incontinence in Women Common, but Treatable" states that urinary incontinence is the involuntary loss of urine, which can range from a few drops of leakage to a whole accident, and that nearly one in two women over the age of 50 experience problems with it. More than 25 million Americans acknowledge that they frequently struggle with bladder control, according to this report. The need for urethral sling surgery is increasing as a result of the aging population and the increased prevalence of urine incontinence in women. Additionally, the patient population's desire for operations is rising due to their rapid recovery times. In addition to the low volatility increases and protections afforded by sling treatments, the segment's rise is also being aided by the rising desire for minimally invasive procedures. In February 2019, Boston Scientific unveiled a revision of the mesh sling system, a surgical device used to treat male patients with stress urine incontinence. Additionally, the surgical mesh is used to stabilize the urethra neck and treat stress incontinence (SUI). Additionally, the increasing prevalence of urinary incontinence and ongoing research into the treatment of urinary incontinence are the main drivers of the growth of the urethral slings market.
North American Urinary Incontinence Device Market:
Due to the active engagement of manufacturers like B. Braun Melsungen AG, Boston Scientific Corporation, and Atlantic Therapeutics, among others, North America is anticipated to have a leading position in the worldwide market. The wearable urine incontinence device, Triple W's DFree "diaper-free," has been extensively used since 2020 in over 500 senior living institutions across Europe and Japan. Additionally, manufacturers operating in areas like the Asia Pacific engage in research and the introduction of novel goods. Lilium Otsuka Co., Ltd. introduced the medical gadget "Lilium Spot," a home healthcare appliance that allows users to quickly and simply monitor their urine volume at any time using ultrasonic scanning. Over the projected period, these factors are anticipated to drive the expansion of the worldwide market for urinary incontinence treatment devices. As the modern lifestyle is one of the contributing factors to the development of urinary incontinence and the projected disease prevalence will be highest in Asia- The pacific region both the North American and Asia pacific region is expected to grow simultaneously in the forecasted period.
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Recent Developments in Urinary Incontinence Device Market:
The global urinary incontinence device market further reveals that the key players are increasingly adopting strategies such as the launch of newer products, Technology, and long-term alliances to improve market revenue share and gain significant geographic presence across the region. For instance, In February 2021, Neurostimulation developer Axonics Modulation Technologies has acquired Contura, makers of a hydrogel-based injection to help treat stress urinary incontinence.
Detailed Market Segment in Urinary Incontinence Device Market
Based On the Product, the market is segmented into the following:
• Urinary Catheters
• Electrical Stimulation Devices
• Vaginal Slings
• Pessary
• Artificial Urinary Sphincters
• Other Devices
Based On Category, the market is segmented into the following:
• External Urinary Incontinence Devices
• Internal Urinary Incontinence Devices
Based On Incontinence Type, the market is segmented into the following:
• Stress Incontinence
• Overflow Incontinence
• Urge Incontinence
• Functional Incontinence
Based On End User, the market is segmented into the following:
• Hospital
• Clinics
• Others
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The Key Players' profiles in the Urinary Incontinence Device Market report are B. Braun Melsungen AG, Baxter International Inc, Becton Dickinson and Company, Boston Scientific Corporation, Caldera Medical Inc., Coloplast A/S, ConvaTec Group plc, Cook Group Inc., Johnson & Johnson, Kimberly-Clark Corporation, Laborie Medical Technologies Inc., Medtronic plc, and Teleflex.
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About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.
Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.
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