Penile Implant Market - Opportunities & Forecast, 2018-2025


Posted September 19, 2020 by shaqibakram

Factors such as increasing incidence of penile diseases such as erectile dysfunction, premature ejaculation, etc, increasing awareness about penile diseases and continued adoption....

 
Penile implant is a medical device usually used for treatment of male sexual conditions such as erectile dysfunction, premature ejaculation, treatment resistance impotence, penile disease, etc. The Penile implant is placed inside the penis through invasive or minimally invasive surgical procedure. Penile implants are the most effective treatment for erectile dysfunction. Erectile dysfunction is typically caused by various conditions including congenital anomalies, vascular conditions, Peyronie’s disease, penile or pelvic trauma, and complications in treating prostate cancer.

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Factors such as increasing incidence of penile diseases such as erectile dysfunction, premature ejaculation, etc, increasing awareness about penile diseases and continued adoption of improved penile implant systems are expected to fuel the growth of penile implants market during the forecast period. for instance, As per the National Center for Biotechnology Information, globally around 150 million men and approximately 30 million men in U.S are affected by erectile dysfunction. Moreover, cost effectiveness, minimal recovery time and high rate of patient satisfaction are further expected to boost the penile implants market growth in the coming years. However, side effect associated with these implants, stringent regulation, availability of alternative treatment are factors which restrain the growth of the penile implants market during the forecast period.

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Various notable players operating in the market, include American Medical Systems, Coloplast, Promedon, ZEPHYR Surgical Implants, Giant Medical among others. Major players including Coloplast and American Medical Systems are focusing on R&D activities and product launches to hold their leadership in this market.

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The global penile implant market report has been segmented based on product type, end user and key geographies. Based on product type, the market comprises inflatable penile implant and non-inflatable implants. The research report “global Penile Implant market” provides in-depth analysis of global penile implant market overview based on product type, end user and major geographies for the forecast period from 2018 to 2025. The report also highlights the major market drivers propelling the growth as well as challenges faced by market participants. The research report provides growth, opportunity, market size. trends and forecast for the global penile implant market. In addition, the report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.

Key questions answered in this research report:

At what pace is penile implant market growing? What will be the Global penile implant Market forecast?
What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in penile implant and Global penile implant market size?
Global penile implant Market outlook, application areas and how they are poised to grow?
Global penile implant Market overview, industry analysis and scope of study?

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Last Updated September 19, 2020