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DelveInsight Business Research, LLP: Global Pelvic Floor Stimulation Devices Market to Observe Stunning Growth at a CAGR of ~12% by 2030 | DelveInsight

Finanznachrichten News

LAS VEGAS, Dec. 5, 2024 /PRNewswire/ -- The growing demand for pelvic floor stimulation devices is driven by the rising incidence of urinary incontinence, neurodegenerative diseases, and other conditions. Additionally, the increasing prevalence of risk factors such as diabetes, hypertension, and obesity, which are key contributors to urinary incontinence, is expected to further fuel this demand. Moreover, factors such as the aging population, frequent product launches and approvals, increased demand for home healthcare, and ongoing product innovations are anticipated to support the overall expansion of the pelvic floor stimulation devices market during the forecast period from 2024 to 2030.

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DelveInsight's Pelvic Floor Stimulation Devices Market Insights report provides the current and forecast market analysis, individual leading pelvic floor stimulation devices companies' market shares, challenges, pelvic floor stimulation devices market drivers, barriers, trends, and key market pelvic floor stimulation devices companies in the market.

Key Takeaways from the Pelvic Floor Stimulation Devices Market Report

  • As per DelveInsight estimates, North America is anticipated to dominate the global pelvic floor stimulation devices market during the forecast period.
  • In the product type segment of the pelvic floor stimulation devices market, the mobile pelvic floor stimulation device category had a significant revenue share in the year 2023. This can be ascribed to the advantages offered by the category.
  • Notable pelvic floor stimulation devices companies such as Medtronic, The Prometheus Group, INNOVO, Shenzhen XFT Medical Limited, Verity Medical Ltd., Tic Medizintechnik GmbH & Co. KG, Laborie, PZmed, TensCare Ltd., Renovia Inc., Novuqare, GymnaUniphy, InControl Medical, Athena Feminine Technologies, Inc., Creo Medical, and several others, are currently operating in the pelvic floor stimulation devices market.
  • In February 2022, Medtronic announced FDA approval for the InterStim X system, which delivers sacral neuromodulation (SNM) therapy. These devices are used to treat overactive bladder (OAB), chronic fecal incontinence (FI), and non-obstructive urinary retention.

To read more about the latest highlights related to the pelvic floor stimulation devices market, get a snapshot of the key highlights entailed in the Global Pelvic Floor Stimulation Devices Market Report

Pelvic Floor Stimulation Devices Overview

Pelvic floor stimulation devices are medical tools designed to strengthen the pelvic floor muscles through electrical stimulation. These devices are commonly used to treat conditions like urinary incontinence, pelvic organ prolapse, and sexual dysfunction, which can occur due to weakened pelvic floor muscles. The devices work by sending mild electrical impulses to the muscles, causing them to contract and gradually become stronger over time. This therapy is non-invasive and can be performed in a clinical setting or at home, offering a convenient and effective solution for people looking to regain control over their pelvic health.

In addition to improving muscle strength, pelvic floor stimulation devices can also enhance neuromuscular coordination, helping users gain better awareness and control of their pelvic floor muscles. This is particularly beneficial for women after childbirth or during menopause when the pelvic floor tends to weaken. For men, these devices can help with conditions such as post-prostatectomy incontinence. The devices are generally safe and well-tolerated, although it is important to consult a healthcare provider before starting treatment to ensure it is appropriate for individual needs.

Pelvic Floor Stimulation Devices Market Insights

In 2023, North America held the largest share of the global pelvic floor stimulation devices market. This is primarily due to factors such as the increasing prevalence of urinary incontinence, particularly among the elderly, and neurodegenerative diseases. Additionally, various initiatives by governments and nonprofit organizations are driving market growth in the region. The demand for advanced technology and a growing number of regulatory approvals are further contributing to this growth. Moreover, the rise in neurodegenerative diseases like Alzheimer's is fueling demand for pelvic floor stimulation devices. Ongoing product development activities in North America are expected to further boost market expansion.

To know more about why North America is leading the market growth in the pelvic floor stimulation devices market, get a snapshot of the Pelvic Floor Stimulation Devices Market Outlook

Pelvic Floor Stimulation Devices Market Dynamics

The global pelvic floor stimulation devices market has experienced notable growth due to rising awareness about pelvic floor disorders, such as urinary incontinence, pelvic organ prolapse, and fecal incontinence. These conditions affect millions of individuals, particularly women post-childbirth and older adults. The increasing focus on women's health, coupled with advancements in non-invasive treatments, has driven demand for pelvic floor stimulation devices, which offer a more effective and less invasive treatment compared to surgeries. The devices work by delivering electrical stimulation to strengthen the pelvic floor muscles, offering relief and improving the quality of life for many patients.

A key market driver is the growing aging population, particularly in regions like North America, Europe, and parts of Asia. With aging comes a higher prevalence of pelvic floor dysfunction due to muscle weakening and other health conditions. Additionally, the increasing incidence of obesity and sedentary lifestyles has exacerbated the problem, further boosting the demand for solutions like pelvic floor stimulators. Technological advancements, such as wireless and portable devices, have also enhanced user convenience, driving adoption in home healthcare settings.

However, the market is not without challenges. One significant barrier is the lack of awareness and societal stigma surrounding pelvic floor disorders, which may prevent individuals from seeking treatment. Moreover, the high costs associated with certain devices and limited insurance coverage for non-invasive treatments can restrict access to these devices for some patients, particularly in developing regions. Addressing these issues will be critical for sustained market growth.

Despite these hurdles, there is significant growth potential for the pelvic floor stimulation devices market. Ongoing research and development efforts are focused on improving device efficacy and user experience, and the rise of telehealth and digital health platforms could expand access to these devices. Additionally, increasing collaborations between manufacturers and healthcare providers, along with government initiatives aimed at improving women's health, are likely to further propel market growth in the coming years.

Get a sneak peek at the pelvic floor stimulation devices market dynamics @ Pelvic Floor Stimulation Devices Market Dynamics Analysis

Report Metrics

Details

Coverage

Global

Study Period

2021-2030

Pelvic Floor Stimulation Devices Market CAGR

~12%

Pelvic Floor Stimulation Devices Market Size by 2030

USD 413 Million

Key Pelvic Floor Stimulation Devices Companies

Medtronic, The Prometheus Group, INNOVO, Shenzhen XFT Medical Limited, Verity Medical Ltd., Tic Medizintechnik GmbH & Co. KG, Laborie, PZmed, TensCare Ltd., Renovia Inc., Novuqare, GymnaUniphy, InControl Medical, Athena Feminine Technologies, Inc., Creo Medical, among others

Pelvic Floor Stimulation Devices Market Assessment

  • Pelvic Floor Stimulation Devices Market Segmentation
    • Pelvic Floor Stimulation Devices Market Segmentation By Product Type: Fixed and Mobile
    • Pelvic Floor Stimulation Devices Market Segmentation By Application: Urinary Incontinence, Neurodegenerative Diseases, Sexual Dysfunction, and Others
    • Pelvic Floor Stimulation Devices Market Segmentation By End User: Hospitals & Clinics, Homecare Settings, and Others
    • Pelvic Floor Stimulation Devices Market Segmentation By Geography: North America, Europe, Asia-Pacific, and Rest of World
  • Porter's Five Forces Analysis, Product Profiles, Case Studies, KOL's Views, Analyst's View

Which MedTech key players in the pelvic floor stimulation devices market are set to emerge as the trendsetter explore @ Pelvic Floor Stimulation Devices Companies

Table of Contents

1

Pelvic Floor Stimulation Devices Market Report Introduction

2

Pelvic Floor Stimulation Devices Market Executive Summary

3

Competitive Landscape

4

Regulatory Analysis

5

Pelvic Floor Stimulation Devices Market Key Factors Analysis

6

Pelvic Floor Stimulation Devices Market Porter's Five Forces Analysis

7

Pelvic Floor Stimulation Devices Market Layout

8

Pelvic Floor Stimulation Devices Market Company and Product Profiles

9

KOL Views

10

Project Approach

11

About DelveInsight

12

Disclaimer & Contact Us

Interested in knowing the pelvic floor stimulation devices market by 2030? Click to get a snapshot of the Pelvic Floor Stimulation Devices Market Trends

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About DelveInsight

DelveInsight is a leading Business Consultant, and Market Research firm focused exclusively on life sciences. It supports pharma companies by providing comprehensive end-to-end solutions to improve their performance.

Contact Us
Shruti Thakur
info@delveinsight.com
+14699457679
https://www.delveinsight.com/medical-devices

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Cision View original content:https://www.prnewswire.co.uk/news-releases/global-pelvic-floor-stimulation-devices-market-to-observe-stunning-growth-at-a-cagr-of-12-by-2030--delveinsight-302323500.html

© 2024 PR Newswire
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