Acumen Research and Consulting, a global provider of market research studies, in a recently published report titled “Urinary Incontinence Treatment Devices Market (By Product: Urethral Slings [Female Slings, Male Slings],Electrical Stimulation Devices [Implantable, Non-implantable], Artificial Urinary Sphincters, Catheters; By Incontinence Type: Stress Urinary Incontinence, Urge Urinary Incontinence, Mixed Incontinence, Overflow Incontinence; By End-user: Hospitals, Ambulatory Surgery Centers, Clinics, Home Use) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026”.
LOS ANGELES, Feb. 28, 2019 (GLOBE NEWSWIRE) -- The worldwide urinary incontinence treatment devices market size is foretold to reach USD 4.3 billion by the end 2026 and the market is anticipated to spectator a CAGR of 7.2% throughout the forecasted years.
High pervasiveness of urinary incontinence and overactive bladder over the globe and innovative progressions, for example, non-implantable electrical incproductent gadgets are foreseen to help the development of the worldwide market amid the coming years. North America and Europe are required to command the worldwide urinary incontinence treatment gadgets market from 2018 to 2026. This is ascribed to ascend demand for insignificantly intrusive medical procedure/gadgets for urinary incontinence treatment, favourable medical reimbursement policies, and quickly expanding geriatric populace.
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Asia Pacific is probably going to account market share of the overall industry by 2026. This is because of expansive urinary incontinence quiet base in exceedingly populated nations, for example, India and China, substantial geriatric populace in Japan, and ascend in selection of innovatively propelled products in Japan, Australia, New Zealand, and South Korea. Ascend in appropriation of innovatively propelled products by key producers, for example, Boston Scientific Corporation, Medtronic plc, and Cogentix Medical is probably going to impel the worldwide urinary incontinence treatment gadgets market. The market in Europe is required to grow at the most elevated CAGR of 7.9% from 2018 to 2026.
As far as incontinence type, the urge incontinence fragment is anticipated to overwhelm the worldwide urinary incontinence treatment market during the forecast period. The segment is foreseen to extend at a high CAGR from 2018 to 2026. A great many individuals over the globe are influenced by overactive bladder that prompts encourage incontinence. Strength of the urge incontinence section is attributed to greater expense of treatment gadgets, particularly implantable electrical stimulation gadgets, than other treatment gadgets/strategies. In this way, increment in rate of urge incontinence, ascend in selection of electrical incproductent gadgets for overactive bladder treatment, and new product dispatches in the section are relied upon to add to the development of the segment amid the coming years.
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The global urinary incontinence treatment devices market has been classified into product, incontinence type, end-user and region. Based on product, the global urinary incontinence treatment devices market are segregated into Urethral Slings`( Female Slings and Male Slings), Electrical Stimulation Devices (Implantable and Non-implantable )and Artificial Urinary Sphincters and Catheters. On the basis of incontinence type, the market is segregated into stress urinary incontinence, urge urinary incontinence, mixed incontinence, and overflow incontinence. On the basis of end-user, the market is segregated into hospitals, ambulatory surgery centers, clinics and home use. On the basis of region the global urinary incontinence treatment devices market is bifurcated into North America, Latin America, Europe, Middle East & Africa, and Asia Pacific.
Regarding end-client, the worldwide urinary incontinence treatment gadgets market has been characterized into clinics, hospitals, ambulatory surgery centers, and home use. The hospitals section represented significant offer of the worldwide market in 2018, followed by ambulatory surgery centers. Increase in the number of worldwide emergency clinics with cutting edge sling medical procedure strategies such TVT and TOT and selection of smaller than expected slings are relied upon to support the development of the emergency clinics and ambulatory surgery centers fragments amid the gauge time frame.
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Geologically, the worldwide urinary incontinence treatment gadgets market has been portioned into five noteworthy areas: North America, Asia Pacific, Europe, Latin America, and Middle East and Africa. North America represented the biggest offer of the worldwide market in 2018, followed by Europe. Developed health care facilities, favourable reimbursement policies, and early appropriation of innovatively propelled products for the administration of urinary incontinence have added to North America's substantial share of the overall industry. Europe is anticipated to be the most appealing business sector for urinary incontinence treatment gadgets from 2018 to 2026. The market in the district is foreseen to extend at the most noteworthy CAGR amid the coming years because of high commonness and increment in frequency of urinary incontinence in the area, late dispatch of wearable electrical incproductent gadgets, and high per capita human services use.
The foremost players in the global urinary incontinence treatment devices market are Teleflex Incorporated, Boston Scientific Corporation, A.M.I. GmbH, C. R. Bard, Inc., B. Braun Melsungen AG, Coloplast Group, Atlantic Therapeutics Group Ltd., Promedon Group, Hollister Incorporated, Medtronic plc, InControl Medical LLC, Ethicon US, LLC. and ZSI Surgical Implants S.R.L.
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