Global Vaginal Pessary Market growing at a CAGR of 8.2% from 2023 to 2030
Category : Medical Devices | Published Date : Aug 2023 | Type : Press Release
Key Market Overview
Consegic Business Intelligence analyzes that the vaginal pessary market is predicted to grow at a compound annual growth rate of 8.2% from 2023 to 2030 and is expected to reach USD 676.53 million in 2030 which was valued at USD 362.59 million in 2022.
The report highlights the increasing adoption of vaginal pessarys in the hospitals, which is augmenting global market growth. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the vaginal pessary market.
Global Vaginal Pessary Market By Overview
The vaginal pessary market is bifurcated into product type, indication, and end user. Based on product type, the market is segmented into vaginal ring, gehrung, cube, gellhorn, and others. In 2022, the vaginal ring segment dominate in the overall vaginal pessary market. The indication segment is categorized into pelvic organ prolapse, urinary incontinence, and others. In 2022, the urinary incontinence segment accounted for the highest market share in the vaginal pessary market. In the context of end user, the market is segmented into hospitals, ambulatory surgical centers, clinics, and others. In 2022, the hospitals segment dominate in the overall vaginal pessary market.
Get Free SampleMarket Dynamics
Driver:
- Increasing adoption of vaginal pessaries in hospitals is favoring the market growth at the global level.
- The rising prevalence of pelvic organ prolapse is propelling the growth of the global vaginal pessary market growth.
Restraints:
- Several side effects associated with vaginal pessary are restraining the market growth at the global level.
Market Segmentation:
| Report Attributes | Report Details |
| By Product Type | Vaginal Ring, Gehrung, Cube, Gellhorn, and Others |
| By Indication | Pelvic Organ Prolapse, Urinary Incontinence, and Others |
| By End User | Hospitals, Ambulatory Surgical Centers, Clinics, and Others |
| By Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Competitive Landscape :
The market is dominated by certain major companies such as CooperSurgical Inc., Panpac Medical Corporation, Integra Lifesciences, and MedGyn Products, Inc. which have a strong market position in the current market circumstances. These companies are continuously leveraging new technologies to develop innovative solutions. Furthermore, the vaginal pessary market is expected to witness substantial growth in the forecast year due to the increasing development of new hospitals in key regions such as North America, Asia Pacific, and others.
The market is characterized by intense competition, with companies focusing on expanding their product offerings and increasing their market share through mergers, acquisitions, and partnerships.
- CooperSurgical Inc.
- Panpac Medical Corporation
- Integra Lifesciences
- MedGyn Products, Inc.
- Dr. Arabin GmbH & Co. KG
- Bray Group Limited
- Personal Medical Corporation
- Bliss GVS Pharma
- Wallach Surgical Devices
- Wellona Pharma
