Press release
Global Penile Implants Market to grow at a CAGR of 1.58% during 2016-2020
About the Penile Implants MarketED is typically caused by various conditions including congenital anomalies, iatrogenesis, vascular conditions (including cardiovascular disease, diabetes, and high blood pressure), Peyronie's disease, penile or pelvic trauma, and complications in treating prostate cancer. Penile implants, or penile prosthesis, are a method of treating ED. These devices are implanted in the corpora cavernosa of the penis through a surgical procedure. Penile implants are considered to be the most effective treatment for ED. These implants are generally considered when less intrusive therapeutic medicines, like oral pharmaceuticals (PDE5 inhibitors: Viagra, Levitra, Cialis), penile infusions, or vacuum erection devices are unsuccessful, give an unsatisfactory result, or are contraindicated.
The penile implants currently offered in the market are categorized into semi-rigid/malleable (bendable) rod penile implants and inflatable penile implants. A penile implant helps enhance a man's psychological and emotional well-being as well as restore sexual satisfaction.
Technavios analysts forecast the global penile implants market to grow at a CAGR of 1.58% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global penile implants market for 2016-2020. The market size was calculated from the revenue generated by the sales of various penile implant devices to treat ED.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Penile Implants Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
American Medical Systems
Zephyr Surgical Implants (ZSI)
Promedon
Coloplast
Other prominent vendors
Shah
HR Penile Prosthesis
Silimed Malleable Implant
Jonas (ESKA) Prosthesis
Virilis I Implant and Virilis II Implant
Apollo implant
Market driver
Increase in the number of cases of prostate cancer
For a full, detailed list, view our report
Market challenge
Alternative treatment options
For a full, detailed list, view our report
Market trend
Increasing demand for penile implants
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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