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Global Testicular Implants Market Will Reach A Valuation Of USD 71 Million By 2026

12-Feb-2020 | Facts and Factors

Facts and Factors has authored “Testicular Implants Market By Type (Saline-Filled Testicular Implant, Soft-Solid Testicular Implant, and Others), By End-User (Hospital and Others), and By Regions: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 - 2026”. Based on our analysis, the global Testicular Implants market in 2019 is approximately USD 57 Million and is anticipated to reach around USD 71 Million by 2026. The anticipated CAGR for the global Testicular Implants market is around 3.10% from 2020 to 2026.

Testicular implants are like medical devices that are used to replace or support the damaged part. It is also used by many to enhance the existing body part to make it look more appealing. The testicular implants give a completely natural look. It is a boon for males either born without testicles or has to get it removed owing to some medical conditions like cancer or other injuries.

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Browse the full “Testicular Implants Market By Type (Saline-Filled Testicular Implant, Soft-Solid Testicular Implant, and Others), By End-User (Hospital and Others), and By Regions: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 - 2026" report at https://www.fnfresearch.com/global-testicular-implants-market-by-type-saline-filled

Drivers of global Testicular Implants Market:

  • Treatment For Testicular Cancer

Increasing cases of testicular cancer among males owing to family history, undescended testicle, and the race is anticipated to successively propel the demand for testicular implants as a means of treatment in the patients.

  • Change in Social Stigma and Acceptance In Society

Nowadays, the social stigma associated with testicular implants is changing and thereby increasing the cases of people opting for testicular implants. The global Testicular Implants market is expected to bolster during the forecast period due to the growing popularity and awareness among the male populace across the globe.

  • Increasing Applications of Testicular Implants

The global Testicular Implants market is anticipated to experience a positive growth owing to its rising application in the hospitals, clinics, ambulatory care centers, etc. The rising standard of living along with modernization and awareness is further expected to expand the global Testicular Implants market. Unexploited developing markets such as India, China, etc.attribute to significant growth opportunities in upcoming years.

Restraints of global Market:

Limited FDA Approvals

The limitations put forth by the FDA in the case of testicular implants on the terms of safety are likely to restrain the sales of the testicular implants across the globe. In addition, the escalating cost of the procedures and type of implant will further hinder the global Testicular Implants market growth.

High health Risks

The complications at the time of performing surgeries such as the high chance of infection, blood loss, infertility issues, and others are some of the primary factors feared to hamper the growth of the Testicular Implants market.

Industry Opportunities:

  • R&D and product innovations

The growing developments being made in the R&D and product innovation sector is projected to open new avenues for the growth of the global Testicular Implants market. The advancing research in the tissue-engineered testicular prosthetics for prolonged release of testosterone is estimated to further supplement the growth of the market.

Market Dominance:

  • In terms of type, the saline-filled testicular implant category is expected to dominate the market share of the global Testicular Implants market owing to the increasing demand for saline-filled prostheses. The demand for saline-filled testicular implants is expected to rise owing to its safety and well-tolerance among the patients.
  • Additionally, the Hospitals category is expected to lead the end-user segment of the global Testicular Implants market owing to the use of standardized methods, the presence of skilled surgeons, and patient safety assurance.

Regional Dominance:

  • North America dominates the global Testicular market. The growth of the North America Testicular Implants market is basically due to the recent technological developments and product innovations in testicular implants taking place in the region. In addition, the rising healthcare awareness, high disposable income, and high expenditure owing to advanced technologies and government funding in the U.S. and Canada.
  • Europe is expected to grow at a significant rate in the upcoming years owing to the increased R&D activities and high demand in the healthcare sectors in the region.

Key Players:

Some of the essential players operating in the global Testicular Implants market, but not restricted to include Implantech, GROUPE SEBBIN SAS, GC Aesthetics, Coloplast Corp, UROMED Kurt Drews GmbH, Rigicon Inc., POLYTECH Health &Aesthetics GmbH, and Others.

The taxonomy of the Testicular Implants Market by its scope and segmentation is as follows:

Global Testicular Implants Market: By TypeSegmentation Analysis

  • Saline-Filled Testicular Implant
  • Soft- Solid Testicular  Implant
  • Others

Global Testicular Implants Market: By End-UserSegmentation Analysis

  • Hospitals
  • Others

Global Testicular ImplantsMarket: By Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-East Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • The Middle-East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle-East Africa

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