Female Stress Urinary Incontinence Treatment Devices Market Poised for Consistent Growth, Predicted to Reach US$1.07 Billion by 2029 with 6.2% CAGR

The global female stress urinary incontinence treatment devices market is currently valued at approximately US$ 702.4 million and is projected to experience substantial growth over the forecast period (2022-2029), with an impressive compound annual growth rate (CAGR) of 6.2%. This rapid expansion is anticipated to culminate in a market valuation of around US$ 1.07 billion by the end of 2029.

The practice of using female stress urinary incontinence treatment devices has changed dramatically over the past decade. The number of procedures undertaken appears to be increasing, and the shift in relative numbers of different procedures has been remarkable. For instance, in England, the annual number of operations undertaken using female stress urinary incontinence treatment devices between 1997-1998 and 2005-2006 increased by 28%, despite a reduction of over 90% in the number of colposuspension and needle suspension procedures.

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Healthy Revenue Growth Projected through 2029

According to latest research by FMI, the global female stress urinary incontinence treatment devices market is estimated to have accounted for ~ US$ 560 Mn in terms of value in 2018. The report on the female stress urinary incontinence treatment devices market further projects that the female stress urinary incontinence treatment devices market is likely to grow at a CAGR of ~ 6% during the period 2019-2029.

However, due to the presence of a wide range of products in the female stress urinary incontinence treatment devices market, small players are gaining interest and are selling their products at a lower price. An increase in the penetration of private-label brands at much lower prices is expected to decrease the average overall price of female stress urinary incontinence treatment devices. This is likely to restrain the growth of the global female stress urinary incontinence treatment devices market, as it is likely to hamper the demand for expensive products.

Rapid changes have taken place in developing countries over the past few years. The improper implementation of regulatory guidelines and the lack of proper healthcare infrastructure in developing regions, such as the Middle East & Africa, and Latin America, are among the factors that are expected to restrain the growth of the female stress urinary incontinence treatment devices market.

50% Revenue Shares Accounted by North America

The female stress urinary incontinence treatment devices market has been analyzed across the regions of North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa. North America, followed by Europe, is a prominent region in the global female stress urinary incontinence treatment devices market. North America accounted for a revenue share of about 50% in 2018 in the female stress urinary incontinence treatment devices market. Europe also accounted for a prominent revenue share and is followed by East Asia in the female stress urinary incontinence treatment devices market.

The female stress urinary incontinence treatment devices market report tracks some of the key companies operating in female stress urinary incontinence treatment devices market, such as Boston Scientific Corporation, BD, Coloplast Corporation, Caldera Medical, and Ethicon US LLC (Johnson & Johnson Services, Inc.). The majority of the key regional players in the female stress urinary incontinence treatment devices market are highly focused on expanding their product connectivity and reach with the help of domestic distributors of female stress urinary incontinence treatment devices. Moreover, the manufacturers of female stress urinary incontinence treatment devices are focused on strengthening their businesses in high-growth markets, such as India, Japan, and China, by expanding their distribution and sales channels.

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>Key Segments Of Female Stress Urinary Incontinence Treatment Devices Industry Survey Female Stress Urinary Incontinence Treatment Devices Market by Product Type:

-Sling Systems
-Mid-Urethral Slings
-Sub-Urethral Slings
-Pessaries
-Artificial Urinary Sphincters (AUS)
-Injectable Urethral Bulking Agents

>Female Stress Urinary Incontinence Treatment Devices Market by End Use:

-Female Stress Urinary Incontinence Treatment Devices for Hospitals
-Female Stress Urinary Incontinence Treatment Devices for Gynaecological Clinics
-Female Stress Urinary Incontinence Treatment Devices for Homecare Settings

>Female Stress Urinary Incontinence Treatment Devices Market by Region:

-North America Female Stress Urinary Incontinence Treatment Devices Market
-Latin America Female Stress Urinary Incontinence Treatment Devices Market
-Europe Female Stress Urinary Incontinence Treatment Devices Market
-East Asia Female Stress Urinary Incontinence Treatment Devices Market
-South Asia & Pacific Female Stress Urinary Incontinence Treatment Devices Market
-Middle East & Africa (MEA) Female Stress Urinary Incontinence Treatment Devices Market

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