Market Size of Vaginal Slings Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.60 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Vaginal Slings Market Analysis
Over the next few years, the vaginal slings market is expected to register a CAGR of 4.6%.
The COVID-19 pandemic had a substantial impact on women's health, both physically and emotionally. The strict lockdowns and government regulations intended to slow down the spread of COVID-19 resulted in a decrease in demand for products across all segments. According to an article published in February 2021, urogynecological patients face particular challenges owing to the inherent vulnerabilities of these populations. Behavioral and medical therapies should be recommended as first-line options and initiated via virtual or remote clinics, which were integral to management during the COVID-19 pandemic. Thus, the COVID-19 outbreak had a negative impact on the vaginal sling market. However, the vaginal sling market is expected to grow during the forecast period due to the increasing prevalence of urinary incontinence, the rise in the geriatric population, and the high demand for minimally invasive surgeries.
According to another article published in the Wiley Online Library in February 2021, with the increase in research, some of the neurological complications that were reported in COVID-19 patients include headache, anosmia, hyposmia, dysgeusia, impaired consciousness, seizures, encephalitis, and demyelinating neuropathy. Inflammation and demyelination in the pudendal nerve can lead to bladder and bowel incontinence. Thus, more patients were diagnosed with urinary inconsistency during the COVID-19 era.
The major factor contributing to the growth of the market is the rising prevalence of urinary incontinence. Numerous factors, such as urinary tract infection, weakening of pelvic floor muscles and urethral sphincters, menopause, pregnancy, and childbirth, lead to the development of urinary incontinence symptoms. For instance, according to an article published in the National Library of Medicine in October 2021, the most common urinary tract infections reported in the elderly population are cystitis (37.6%), followed by asymptomatic bacteriuria (31.9%), pyelonephritis (13.9%), urosepsis (10.2%), and prostatitis (6.4%). Thus, the rising prevalence of urinary tract infections will boost the market in the future.
Furthermore, rising demand for minimally invasive procedures and increasing technological advancements boost the market's growth. The major impediment to market growth, however, is the social stigma associated with the disease, as well as the risks and complications associated with the procedures involving these devices.
