Vaginal Slings - Market Insights, Competitive Landscape, and Market Forecast - 2030

Vaginal Slings Market By Type (Transobturator Slings, Tension-Free Vaginal Tape Sling, And Others), By End-User (Hospitals & Clinics, Ambulatory Surgical Centers, And Others), and by geography is expected to advance at a respectable CAGR forecast till 2030 owing to the increasing prevalence of urinary incontinence and increasing aging population prone to stress urinary incontinence and weakening of pelvic floor across the globe

The global vaginal slings market was valued at USD 1,217.99 million and is estimated to grow at a CAGR of 4.73% during the forecast period from 2024 to 2030 to reach USD 1,602.52 million by 2030. The vaginal slings market is observing significant market growth owing to key factors such as the rising prevalence of urinary incontinence cases among women, the increasing aging population prone to stress urinary incontinence and weakening of the pelvic floor, the surging development of innovative vaginal slings, and the increasing number of physical problems caused owing to conditions including pregnancy, diabetes, and menopause. Additionally, the increasing product launches & approvals, and the presence of key players in the market, among others will create a requisite for vaginal slings in the market. Lastly, the increasing healthcare expenditure will ultimately affect the demand for vaginal slings certainly. Therefore, the market of vaginal slings is estimated to grow at a substantial CAGR during the forecast period from 2024 to 2030.

Vaginal Slings Market Dynamics:

The rising prevalence of urinary incontinence cases, especially among women is mainly driving the vaginal slings market. For instance, according to the National Association for Continence 2019, up to 40 million women in America have experienced bladder leakage issues at some point in their lives. As per the same study in 2019, almost half of new mothers experience incontinence following a normal delivery and about one in six following a cesarean section.

Additionally, as per the study mentioned by the American Academy of Family Physicians in 2019, urinary incontinence (UI) is a common issue, with a prevalence of 51% among adult women in the United States.

Moreover, as per the data provided by the Continence Foundation of Australia in 2022, over 5 million Australians - 1 in 4 people aged 15 years or over - experienced bladder or bowel control problems in the same year, and 80% of people with urinary incontinence are women. Similar trends in likely to be observed in other regions of the world. Also, it is observed that stress urinary incontinence is more common among women between the age of 41 and 55 and above.

Further, a surge in the aging population that is prone to stress urinary incontinence and weakening of the pelvic floor is expected to become a prominent driver of the vaginal slings market. For instance, according to the UN Report, World Population Ageing 2020 Highlights, globally, there were about 727 million people aged 65 years and above in 2020. Also, as per the same source, over the next three decades, the number of older people worldwide is projected to more than double, reaching approximately 1.5 billion by 2050.

Moreover, according to the United States Census Bureau 2022, more than 54 million adults above the age of 65 were living in the United States in the year 2023, accounting for about 16.5% of the United States population. As per the same source, the number of older adults living in the United States is large and growing; the total number of adults aged 65 years and older is projected to rise to an estimated 85.7 million by 2050, which accounts for about 20% of the overall population in the United States.

Thus, the increase in the aging population will lead to the development of urinary incontinence, mainly stress urinary incontinence, thereby leading to the weakening of the pelvic floor requiring treatment using stress urinary incontinence devices such as vaginal sling systems, among others are further contributing to the growth of the global vaginal slings market during the forecast period from 2024 to 2030.

Therefore, the factors stated above collectively will drive the overall vaginal slings market during the forecast period from 2024-2030.

However, postoperative complications, less awareness and stigma among the patient population regarding incontinence, and a stringent approval process may prove to be challenging factors for the vaginal slings market growth.

The vaginal slings market was impacted during the period of COVID- 19 pandemic. The COVID-19 pandemic impacted the healthcare system in several ways such as disruptions to the supply chain leading to limiting the production delay or a halt in various elective surgeries, resulting in a reduction of services directly affecting the market for vaginal slings. Also, COVID-19 impacted the cut-down of urological services globally, including outpatient clinic appointments, outpatient investigations and procedures, and urological surgeries. Further, as per various research studies, the degree of cut-down of urological services increased with the degree of the COVID-19 outbreak. On average, 28% of outpatient clinics, 30% of outpatient investigations and procedures, and 31% of urological surgeries had a delay of >8 weeks. Urological services for benign conditions were more affected than those for malignant conditions. However, with the resumption of elective procedures and surgeries post-COVID-19, the reopening of the manufacturing units resumed patient visits in the hospitals, and the re-establishment of logistics and supply chains handling the vaginal slings, there was a resumption in the vaginal slings market, thereby leading to the resumed market growth during the forecast period.

Vaginal Slings Market Segment Analysis:

Vaginal Slings Market by Type (Transobturator Slings, Tension-Free Vaginal Tape Sling, and Others), End-User (Hospitals & Clinics, Ambulatory Surgical Centers, and Others), and Geography (North America, Europe, Asia-Pacific, and Rest of the World).

In the product type segment of the vaginal slings market, the tension-free vaginal tape sling segment is expected to have a significant revenue share in the year 2023. This was primarily owing to the advantages offered by tension-free vaginal slings.

For instance, the tension-free vaginal tape sling offers faster post-operative recovery time after the surgical insertion of the vaginal sling; which is on average 2-3 weeks or less. The faster recovery time can be accounted for due to the minimally invasive surgical procedure for the insertion of the sling. The procedure involves a small vaginal incision and no abdominal incision, thereby leading to no hospital stay and a faster recovery period.

Moreover, the risk of infection, rejection, or erosion is less in a tension-free vaginal tape sling.

Additionally, other advantages such as the decreased risk of bladder injury, bowel injury, and major blood vessel injury, ease of the procedure, and efficacy, will increase the demand for the tension-free vaginal tape sling in the upcoming years.

Therefore, owing to the above-mentioned advantages, the demand for tension-free sling tape rises, thereby the category is expected to witness considerable growth eventually contributing to the overall growth of the global vaginal slings market during the forecast period.

North America is expected to dominate the overall Vaginal Slings Market:

Among all the regions, North America is expected to dominate global Vaginal Slings in the year 2023 and is expected to do the same during the forecast period from 2024-2030.

This can be ascribed to the growing prevalence of stress urinary incontinence (SUI) among the population, an increase in populations susceptible to developing SUI, and the growing approval of products and others. Furthermore, research and development in the region for developing vaginal slings devices could also drive the market of vaginal slings in North America.

For instance, as per the latest data available from Urology Care Foundation 2022, around one in three women suffer from SUI at some point in their lives, and it increases with age. Over half of the women with SUI also have OAB in the US.

Further, various studies have reported that obesity and overweight are directly associated with urinary incontinence and are independent risk factors for stress-related and mixed urinary incontinence. This is because obesity increases intra-abdominal pressures, which adversely stresses the pelvic floor and can contribute to urinary stress incontinence.

Moreover, a high childbirth rate could also increase the demand for stress urinary incontinence devices among women in the country. This is because postpartum women are more prone to experience stress incontinence. According to the National Institute of Statistics and Geography, an autonomous agency of the Mexican Government, there were 1,629,211 childbirths in the country in 2020.

Thus, the increasing prevalence of urinary incontinence will increase the demand for vaginal slings as they are used to manage urinary incontinence, especially stress urinary incontinence.

Therefore, the interplay of the aforementioned factors above would provide a conducive growth environment for the North American region in the vaginal slings market.

Vaginal Slings Market Key Players:

Some of the key market players operating in the vaginal slings market include Cousin Surgery, UroCure, AMI GmbH, Betatech Medical, Boston Scientific Corporation, Coloplast Corporation, Johnson & Johnson (Ethicon), Promedon, Caldera Medical Inc., Neomedic international, FEG Textiltechnik Forschungs, Advin Urology., Dipromed Srl, CL Medical, Analytic Biosurgical Solution, and others.

Recent Developmental Activities in the Vaginal Slings Market:

In December 2022, Caldera Medical, Inc. received FDA clearance for its Desara TVez Transvaginal Sling System.

In 2019, Boston Scientific launched the AdVance XP male stress urinary incontinence sling.

Key Takeaways from the Vaginal Slings Market Report Study

Market size analysis for current vaginal slings market size (2023), and market forecast for 5 years (2024-2030)

The effect of the COVID-19 pandemic on this market is significant. To capture and analyze suitable indicators, our experts are closely watching the vaginal slings market.

Top key product/services/technology developments, mergers, acquisitions, partnerships, and joint ventures happened for the last 3 years

Key companies dominating the global vaginal slings market.

Various opportunities available for the other competitor in the vaginal slings market space.

What are the top-performing segments in 2023? How these segments will perform in 2030.

Which are the top-performing regions and countries in the current vaginal slings market scenario?

Which are the regions and countries where companies should have concentrated on opportunities for vaginal slings market growth in the coming future?

Target Audience who can be benefited from this Vaginal Slings Market Report Study

Vaginal slings products providers

Research organizations and consulting companies

Vaginal slings-related organizations, associations, forums, and other alliances

Government and corporate offices

Start-up companies, venture capitalists, and private equity firms

Distributors and Traders dealing in vaginal slings

Various end users who want to know more about the vaginal slings market and the latest technological developments in the vaginal slings market.

Frequently Asked Questions for the Vaginal Slings Market:

1. What are vaginal slings?

The vaginal or urethral sling is a procedure used to manage stress urinary incontinence (SUI), which is an underdiagnosed and underreported medical problem.

2. What is the global market for vaginal slings?

The global vaginal slings market was valued at USD 1,217.99 million and is estimated to grow at a CAGR of 4.73% during the forecast period from 2024 to 2030 to reach USD 1,602.52 million by 2030.

3. What are the drivers for the global vaginal slings market?

The vaginal slings market is witnessing positive market growth owing to the factors such as the rising prevalence of urinary incontinence cases among women, the increasing aging population prone to stress urinary incontinence and weakening of the pelvic floor, the surging development of innovative vaginal slings, an increasing number of physical problems caused due to conditions including pregnancy, diabetes, and menopause, increasing product launches and approvals, presence of key players in the market, and others will create an exigency for the vaginal slings market.

4. Who are the key players operating in the global Vaginal Slings market?

Some of the key market players operating in the Vaginal Slings market include Cousin Surgery, UroCure, AMI GmbH, Betatech Medical, Boston Scientific Corporation, Coloplast Corporation, Johnson & Johnson (Ethicon), Promedon, Caldera Medical Inc., Neomedic international, FEG Textiltechnik Forschungs, Advin Urology., Dipromed Srl, CL Medical, Analytic Biosurgical Solution, and others.

5. Which region has the highest share of the vaginal slings market?

Among all the regions, North America is estimated to amass a significant revenue share in the global vaginal slings market. Some of the factors responsible for North America's vaginal slings market growth are the growing prevalence of stress urinary incontinence (SUI) among the population, an increase in populations susceptible to developing SUI, and the growing approval of products and others. Furthermore, research and development in the region for developing vaginal slings devices could also drive the market of vaginal slings in the North America.