Global Pelvic Organ Prolapse Repair Device Market: Market Driver and Restraint
Applications of Pelvic Organ Prolapse Repair Device are anticipated to create new business segments in the market. Pelvic Organ Prolapse Repair Device is in use for a broad range of Premenopausal products such as safety improvement of vaginal mesh and surgery, improvement of health care in developing regions & others. The companies are focusing on launching products that are launched in few regions. There lies a great opportunity since only a few companies are into this business due to introductory stage of this product market. Pelvic Organ Prolapse Repair Device application is developed towards a more active mode.
Manufacturers are exploring the potential of Pelvic Organ Prolapse Repair Device in Postmenopausal. Application of Pelvic Organ Prolapse Repair Device in improvement of clinical technology are gaining traction in the recent years. Further, there are also potential uses in the areas of entrance of more Israel pharmaceutical companies.
Global Pelvic Organ Prolapse Repair Device Market: Key Takeaways
· With the gradual increase in life expectancy in developed and developing countries over the past century, obstetrician-gynecologists are expected to be familiar with disorders of the elderly population. Pelvic organ prolapse (POP) is common condition affecting many adult women today.
· Pelvic organ prolapse (POP) affects millions of women after 40-year-old. POP has prevalence of 3-6%. The incidence increases after childbearing and as women increase in age.
· As major suppliers are seeking acquisition to expand global presence, the market concentration is estimated to increase in the coming 5 years.
Global Pelvic Organ Prolapse Repair Device Market: Forecast by Nature
This segment includes PP, PTFE, etc. In terms of volume, PP segment is expected to remain dominant in the global Pelvic Organ Prolapse Repair Device market.
Global Pelvic Organ Prolapse Repair Device Market: Forecast by Region
North America, Latin America, Eastern Europe, Western Europe, APEJ, Japan and MEA are the seven regions that are included in this report. North America is the dominant market in the global Pelvic Organ Prolapse Repair Device market in terms of value. The North America Pelvic Organ Prolapse Repair Device market was estimated to be valued at US$ 161.73 Mn in 2017 and is expected to expand at a value CAGR of 6.9% over the forecast period. The Europe market is expected to expand at a robust rate of 7.2% in terms of revenue over the forecast period due to the steadily increasing production capacity for safety improvement of vaginal mesh and surgery products in this region.
Global Pelvic Organ Prolapse Repair Device Market: Key Players
Ethicon, Bard Medical, Endo, Boston Scientific, Coloplast, Covidien, Cook Medical, Neomedic, etc. are the key vendors included in this report.
The market concentration of Pelvic Organ Prolapse Repair Device is medium. The supply and demand relationship in the industry has been stable and modest. Of the 2017 global market, the top 5 companies, account for more than 35.25% of sales. Ethicon Chemical is by far the leader, followed by Bard Medical and Endo. Key Vendors like Boston Scientific, Coloplast, and Covidien, also play important part in regional market, so the market share in each region is quite different.
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