Female Pelvic Implants Market

Female Pelvic Implants Market: Companies to Focus on Reducing Cost of Implants to Gain Maximum Market Share: Global Industry Analysis 2012 - 2016 and Opportunity Assessment 2017 - 2027

Vaginal slings to hold an attractive spot in the global female pelvic implants market

Female Pelvic Implants is a procedure to treat disorders such as pelvic organ prolapse and stress urinary incontinence. The three main types of products or implants used in the procedure are vaginal mesh implants, vaginal sling and vaginal graft implants. Among these, vaginal slings are expected to hold the highest market value of over US$ 188 Mn by the end of 2027. These types of implants are generally made from a narrow ‘tape’ of polypropylene mesh that is placed under the urethra like a sling or hammock to keep the urethra in the correct position. Vaginal slings have been in the market for about 20 years and can be implanted in a half-hour, minimally invasive surgical procedure under local anaesthesia as an outpatient. Vaginal grafts are also expected to be an attractive product in the market and are expected to grow at a significant rate of 3.5% during the forecast period.

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Alarming procedural failure rates to become a huge barrier in the growth of the female pelvic implants market

The female pelvic implants market is witnessing a sluggish growth mainly due to the increase in the number of complications in the implant procedures. According to the NHS data, thousands of women have undergone a surgery for removal of vaginal mesh implants since 2011. This explains the severity of traumatic complications associated with vaginal mesh. According to the NHS, 1 in 15 women who underwent surgery also required another surgery to remove mesh implants. There are also reports that over 75,000 procedures were performed in the U.K for removal of mesh implants during 2006–2016. Such failures have made people and medical experts lose trust on pelvic implants. The procedure is comparatively better than any other treatment option for disorders like SUI and POP; yet there is no existing data on the safe long-term use of mesh implants. This has resulted in considerable decrease in sales of SUI and POP implants over time and the trend is expected to continue unless the clinical efficiency and safety of these products is established.

Despite serious issues emerging due to complications in pelvic implants, surgeons support usage owing to the high cure rates

Due to non-availability of any other successful treatment process for SUI and POP, surgeons are supporting mesh and sling implants as these products come with a high cure rate as compared to traditional reconstructive surgery. According to the recent clinical studies for comparison between standard native tissue repair vs. prosthetic material implants, the group with prosthetic material implants showed better anatomical outcomes. Another major factor supporting the female pelvic implants market is that there is currently no implementation of a legal ban on the procedure. At present, there is no legal ban on these devices in matured markets of the U.S. and Europe, which is encouraging manufacturers to sell these devices in the global market. This gives evidence to surgeons as well as the general population that these devices are safe for use and thus patients and physicians are still opting for surgical mesh implant procedures, which is keeping up the global demand for pelvic implants.However, the landscape may change in the future if manufacturers fail to submit safety data requirements for pre-market approval of surgical mesh implants for trans-vaginal pelvic organ prolapse.

Global Healthcare Sector Outlook

Despite the economic and political uncertainty in the recent past, the global healthcare industry has been receiving positive nudges from reformative and technological disruptions in medical devices, pharmaceuticals and biotech, in-vitro diagnostics, and medical imaging. Key markets across the world are facing a massive rise in demand for critical care services that are pushing global healthcare spending levels to unimaginable limits.

A rapidly multiplying geriatric population; increasing prevalence of chronic ailments such as cancer and cardiac disease; growing awareness among patients; and heavy investments in clinical innovation are just some of the factors that are impacting the performance of the global healthcare industry. Proactive measures such as healthcare cost containment, primary care delivery, innovation in medical procedures (3-D printing, blockchain, and robotic surgery to name a few), safe and effective drug delivery, and well-defined healthcare regulatory compliance models are targeted at placing the sector on a high growth trajectory across key regional markets.

Parent Indicators Healthcare

  • Current expenditure on health, % of gross domestic product

  • Current expenditure on health, per capita, US$ purchasing power parities (current prices, current PPPs)

  • Annual growth rate of current expenditure on health, per capita, in real terms

  • Out-of-pocket expenditure, % of current expenditure on health

  • Out-of-pocket expenditure, per capita, US$ purchasing power parity (current prices, current PPPs)

  • Physicians, Density per 1000 population (head counts)

  • Nurses, Density per 1000 population (head counts)

  • Total hospital beds, per 1000 population

  • Curative (acute) care beds, per 1000 population

  • Medical technology, Magnetic Resonance Imaging units, total, per million population

  • Medical technology, Computed Tomography scanners, total, per million population

Research Methodology

FMI utilizes a triangulation methodology that is primarily based on experimental techniques such as patient-level data, number of procedures and capital equipment install base to obtain precise market estimations and insights on various medical devices and medical technology. Bottom-up approach is always used to obtain insightful data for the specific country/regions. The country specific data is again analysed to derive data at a global level. This methodology ensures high quality and accuracy of information.

Secondary research is used at the initial phase to identify the feasibility of the target products/technology categories and its respective segments, product offerings, usage pattern as per disease indications, product installed base in target healthcare facilities, life span of a device, reimbursement scenario, adoption rate and future impact of new technologies.

Each piece of information is eventually analysed during the entire research project which builds a strong base for the primary research information.

Primary research participants include demand-side users such as key opinion leaders, physicians, surgeons, and supply-side providers of medical devices who provide valuable insights on trends, key treatment patterns, adoption rate, and purchasing pattern, technological development of medical devices, patient education, effectiveness of manufacturers and important strategies, pricing and competitive dynamics.

Quantitative and qualitative assessment of basic factors driving demand, economic factors/cycles and growth rates and strategies utilized by key players in the market is analysed in detail while forecasting, in order to project Year-on-Year growth rates. These Y-o-Y growth projections are checked and aligned as per industry/product lifecycle and further utilized to develop market numbers at a holistic level.

On the other hand, we also analyse various companies annual reports, investor presentations, SEC filings, 10k reports and press release operating in this market segment to fetch substantial information about the market size, trends, opportunity, drivers, restraints and to analyse key players and their market shares. Key companies are segmented at tier level based on their revenues, product portfolio and presence.

Please note that these are the partial steps that are being followed while developing the market size. Besides this, forecasting will be done based on our internal proprietary model which also uses different macro-economic factors such as per capita healthcare expenditure, disposable income, industry based demand driving factors impacting the market and its forecast trends apart from disease related factors.

Key Questions Answered

  • How the market has performed over the past few years?

  • What have been the challenges for market participants and how did they overcome them?

  • How has the technology landscape evolved over the past years?

  • How the competitors have performed and what have been their growth strategies?

  • What is the market potential expected to look like in near future across the globe?

  • How to sustain and grow market share?

  • What should be the future course of action?

  • Where do I currently stand?

  • Which are the segments, factors, regions offering promising growth potential?

  • What are the trends in the market and am I ready for them?

Market Taxonomy

Product Type

Indication

 End User

 Region

  • Vaginal Mesh Implants

  • Vaginal Sling

  • Vaginal Graft Implants

  • Pelvic Organ Prolapse

  • Stress Urinary Incontinence

  • Hospitals

  • Ambulatory Surgical Centres

  • Speciality Clinics

  • North America

  • Latin America

  • China

  • Western Europe

  • Eastern Europe

  • APECJ

  • Japan

  • MEA