The global pessary market is witnessing robust growth, fueled by increasing awareness of incontinence and pelvic floor disorders. A recent report by Future Market Insights reveals that the market size reached approximately USD 316 million in 2022 and is poised to grow at a compound annual growth rate (CAGR) of 10.2% from 2022 to 2032. By the end of the forecast period, the market is anticipated to reach an impressive USD 831.3 million.
Pessaries, among the oldest medical devices, offer a non-surgical and safe solution for managing stress urinary incontinence (SUI) and pelvic organ prolapse (POP). These devices, typically made of silicone or rubber, are inserted into the vagina to provide support to the pelvic floor muscles, thereby alleviating symptoms associated with incontinence and prolapse.
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When choosing a pessary, healthcare providers consider various factors such as the severity of SUI, the presence of prolapse, and the patient’s level of sexual activity to ensure optimal comfort and efficacy. With advancements in materials and design, pessaries continue to evolve, offering tailored solutions for patients.
The rising prevalence of urinary incontinence and pelvic floor disorders, coupled with the growing aging population, is driving the demand for pessaries globally. Additionally, increased efforts towards patient education and awareness initiatives are expected to further propel market growth in the coming years.
As the global pessary market continues to expand, manufacturers are focusing on innovation and product development to address unmet patient needs and enhance treatment outcomes. Collaborations between healthcare organizations and industry players are also anticipated to drive advancements in pessary technology and improve patient care.
Key Takeaways:
- The global Pessary Industry is expected to grow significantly in the coming years, driven by the increasing prevalence of pelvic organ prolapse and urinary incontinence, as well as the growing awareness of pessaries as a non-surgical treatment option for these conditions.
- North America is expected to remain the largest market for pessaries throughout the forecast period, followed by Europe and Asia Pacific.
- Ring pessaries are expected to be the most popular type of pessary during the forecast period.
- Silicone pessaries are expected to be the most popular material for pessaries during the forecast period.
- Hospital pharmacies are expected to be the most popular distribution channel for pessaries during the forecast period.
Key Companies Covered:
- MedGyn Products, Inc.
- Cooper Surgical Inc.
- Personal Medical Corp.
- Panpac Medical Corp
- Smiths Medical
- Thomas Medical
- Artisan Medical
- Bioteque America, Inc.
- Integra LifeSciences Corporation
- Arabin GmbH & Co.
- Medgyn Products, Inc.
- Wallach Surgical Devices
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Some of the recent developments in the Pessary Industry are mentioned below:
- In February 2022, Cooper Companies agreed to purchase Cook Medical’s Reproductive Health division, which manufactures noninvasive fertility, obstetrics, and gynecology devices. Cooper will pay USD 875 million in total, with USD 675 million paid at closing and the remaining USD 200 million paid in four USD 50 million annual installments.
- In February 2022, Theramex, a global pharmaceutical company specializing in women’s health expanded its initial collaboration with Endoceutics to commercialize Intrarosa in Australia. Intrarosa is the first and only DHEA treatment that has been approved for postmenopausal women suffering from moderate to severe vulvovaginal atrophy.
- In August 2021, Liv Labs developed a reusable female comfort pessary that does not require a doctor’s prescription. Patients suffering from incontinence are currently fitted for pessaries, which must be worn for six months before being removed.
The Liv Labs pessary is soft, smooth, and squishy, making insertion and removal easier. It is made of medical-grade silicone. Women can use it whenever they want, whether it is all day or just for a quick trip to the gym.
Market Segments Covered in Pessary Industry Analysis:
By Type:
- Gellhorn
- Ring
- Donut
- Other Types
By End-Use:
- Hospitals
- Ambulatory Surgical Centres
- Clinics
By Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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