Vaginal Slings Market Size, Share Global Analysis Report, 2023 – 2030

Industry Insights

[226+ Pages Report] According to Facts and Factors, the global vaginal slings market size was valued at USD 1256.99 million in 2022 and is predicted to surpass USD 3900.56 million by the end of 2030. The vaginal slings industry is expected to grow by a CAGR of 15.21%.

Market Overview

Vaginal slings are the medical devices utilized in the procedure of treating stress urinary incontinence in women. Stress urinary incontinence is a condition where involuntary urine leakage happens during activities that pressurize the bladder, like laughing, sneezing, coughing, and exercising. These slings offer additional support to the urethra, thereby helping to prevent leakage during moments of increased abdominal pressure.

Key Insights

• As per the analysis shared by our research analyst, the global vaginal slings market size is estimated to grow annually at a CAGR of around 15.21% over the forecast period (2023-2030).
• In terms of revenue, the global vaginal slings market size was valued at around USD 1256.99 million in 2022 and is projected to reach USD 3900.56 million by 2030.
• Rise in cases of stress urinary incontinence is driving the growth of the global vaginal slings market.
• Based on the end-users, the hospital segment is growing at a high rate and is projected to dominate the global market.
• Based on the types, the mid-urethral segment is projected to swipe the largest market share.
• Based on the products, the transobturator sling segment is likely to swipe the larger share of the market.
• Based on region, North America is expected to dominate the global market during the forecast period.

Growth Drivers

• A rise in cases of stress urinary incontinence is likely to drive the growth of the global market.

The growing prevalence of stress urinary incontinence diseases all across the globe is propelling the demand for vaginal slings. The ongoing technological advancements in the field of medical technology are also likely to support the growth path of the global vaginal slings market. Newly approved products are likely to enhance the treatment outcome and, therefore, patient satisfaction.

Additionally, the increasing healthcare expenditure with economic conditions is further expected to impact medical procedures like vaginal slings. For instance, Caldera Medical came up with a polysaccharide-based product 4DRYFIELD in May 2023 to prevent bleeding and post-operative tissue adhesions in surgeries like vaginal sling procedures.

Restraints

• Underdiagnosis and stigma are restraining the growth of the global market.

People with stress urinary incontinence may not always seek medical attention due to the embarrassment or stigma associated with the disease. This underdiagnosis is likely to hamper the growth of the vaginal slings industry. For instance, LiNA Medical USA and UroCure, specializing in minimally invasive medical devices in the space of urology and gynecology, are said to collaborate with each other with strategic sales and distribution partnerships in September 2021.

Opportunities

• Globalization is likely to foster growth opportunities in the global market.

Globalization is facilitating the entry of big medical device companies into emerging markets. This fast expansion of international companies in different regions with growing healthcare needs is further expected to foster growth opportunities in the global vaginal slings market. Also, the surging awareness among the general public regarding stress urinary incontinence and the successful treatment options available further contribute to the market’s growth.

Challenges

• Limited awareness is a big challenge in the global market.

Lack of awareness among the general public regarding the causes, symptoms, and available treatment options for stress urinary incontinence is a big challenge in the global vaginal slings market. Also, the high cost of treatment, diagnostic tests, and surgical procedures for stress. Urinary incontinence may also act as a barrier in the industry.

Segmentation Analysis

The global vaginal slings market can be segmented into end-users, types, products, and regions.

By end-user, the market can be segmented into ambulatory surgical centers, clinics, hospitals, and others. The hospital segment accounts for the largest share of the vaginal slings industry. Hospitals are the primary centers for complex surgical procedures, offering specialized departments, necessary infrastructures, and skilled medical professionals to handle a large range of healthcare procedures and applications.

Hospitals offer advanced medical equipment, post-operative care facilities, and operating rooms, which are the topmost requirements for surgical interventions like placement of vagina slings. Moreover, complex medical conditions need the collaboration of different medical specialists.

For instance, a procedure involves the expertise of nurses, anesthesiologists, and neurologist surgeons to offer comprehensive care to the patients. Some procedures, including the one involving the vagina slings, need an inpatient stay for post-operative recovery monitoring. The hospitals are well-equipped to offer such services to patients at an affordable cost.

By types, the market can be segmented into the traditional sling and mid-urethral sling. The mid-urethral segment is likely to swipe the largest share of the global vaginal slings market. The mid-urethral slings are minimally invasive in nature as they are inserted through a small incision, resulting in fast recovery and the least post-operative discomfort as compared to traditional slings. Midurethral slings have high efficacy in treating stress urinary incontinence, thereby facilitating excellent patient satisfaction.

Moreover, these slings are also associated with fewer complications, which is a primary reason for the high popularity and demand for the product. Midurethral slings are becoming a standard of care for urinary stress incontinence globally. Furthermore, the ongoing advancements in technology and changes in clinical guidelines are further expected to foster developments in the segment in the coming years.

By product, the market can be segmented into mini slings, transobturator slings, and tension-free vaginal tape slings. The transobturator sling segment is poised to witness huge developments in the vaginal slings industry in the forthcoming years. Advancements in medical technology, like imaging techniques, delivery systems, and materials used in sling construction, are contributing heavily towards the growth of the segment. These developments are launching effective and patient-friendly transbturator slings in the market, thereby driving the demand in the market.

We companies are investing heavily in clinical research and studies to improve the efficacy and safety of these slings. The improvements in the latest slings, like better patient outcomes and improved design, are increasing the acceptance of these products among healthcare professionals and patients.

Moreover, the changing regulatory field landscapes and efforts are leading to the approval and development of new transobturator slings that meet the efficacy and safety standards set by the regulating bodies.

Report Scope

Regional Analysis

• North America to dominate the global market.

North America is poised to witness huge developments in the global vaginal slings market. The region is a significant market for medical devices and healthcare procedures. The United States and Canada are the foremost contributors to the high regional revenue. The high prevalence of stress urinary incontinence is the primary reason for the high growth rate of the regional market.

Moreover, the ongoing technological advancements in medical sciences are further expected to support the growth trajectory. Also, the region is characterized by strong advancements in ongoing surgical techniques, minimally invasive procedures, and sophisticated materials to benefit patients with vagina slings.

For the more regulatory bodies in the region like the US, the Food and Drug Administration is further expected to foster huge development by ensuring the efficacy and safety of medical devices. It is important for companies operating in the market to comply with the updated regulatory standards in the region.

Asia Pacific is also likely to grow significantly in the coming years because of the presence of developing economies in the region like India, China, Japan, and others. The increasing focus on women's health in the region is a dominant factor propelling the growth of the regional market. Asia Pacific is also expected to experience a huge development in surgical techniques and medical technologies because of the ongoing research and development activities. Companies are investing heavily in innovative solutions and contributing to the regional market.

Moreover, the growing foreign direct investment of international companies in the region because of the high potential of the regional market is another major factor positively impacting the growth trajectory of the regional market. Also, the region is witnessing increasing cases of urinary incontinence, which is also anticipated to push the growth of the market.

For instance, The Biden Administration got $500 million in funds from the American Rescue Act in 2021. The major goal of this launch is to assist rural hospitals and support the construction of rural healthcare facilities.

Competitive Analysis

The key players in the global vaginal slings market include:

• UroCure
• Boston Scientific Corporation
• C.R. Bard
• Coloplast
• Ethicon
• American Medical Systems
• Neomedic International
• Promedon
• Caldera Medical
• Betatech Medical

For instance, Caldera Medical came up with world-class surgical products for the treatment of polyps, pelvic organ prolapse, and stress urinary incontinence. The company revealed its new product, Desara TVez, in November 2021.

The global vaginal slings market is segmented as follows:

By End-Users Segment Analysis

• Ambulatory surgical centers
• Clinics
• Hospitals
• Others

By Types Segment Analysis

• Traditional Sling
• Mid-Urethral Sling

By Products Segment Analysis

• Mini Slings
• Transobturator Slings
• Tension-Free Vaginal Tape Slings

By Regional Segment Analysis

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America