Global Vaginal Pessary Market: Market Driver and Restraint
Applications of Vaginal Pessary are anticipated to create new business segments in the market. Vaginal Pessary is in use for a broad range of Mild Pelvic Organ Prolapse products such as market expansion in developing countries, people's awareness of healthier lifestyle & 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. Vaginal Pessary application is developed towards a more active mode.
Manufacturers are exploring the potential of Vaginal Pessary in Stress Urinary Incontinence. Application of Vaginal Pessary in more comfortable shape are gaining traction in the recent years. Recently, manufacturers have started using Vaginal Pessary in the Severe Pelvic Organ Prolapse area. Further, there are also potential uses in the areas of material.
Global Vaginal Pessary Market: Forecast by Shape
This segment includes Ring Pessary, Shelf Pessary, etc. In terms of volume, Ring Pessary segment is expected to remain dominant in the global Vaginal Pessary market.
Global Vaginal Pessary 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 Vaginal Pessary market in terms of value. The North America Vaginal Pessary market was estimated to be valued at US$ 61.81 Mn in 2017 and is expected to expand at a value CAGR of 5.0% over the forecast period. The Europe market is expected to expand at a robust rate of 4.9% in terms of revenue over the forecast period due to the steadily increasing production capacity for market expansion in developing countries products in this region.
Global Vaginal Pessary Market: Key Players
CooperSurgical, MedGyn, Personal Medical Corp, Integra LifeSciences, Panpac Medical, Medesign, Smiths Medical, Thomas Medical, Kangge Medical, Dr. Arabin, etc. are the key vendors included in this report.
The market concentration of Vaginal Pessary 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 40.00% of sales. CooperSurgical Chemical is by far the leader, followed by MedGyn and Personal Medical Corp. Key Vendors like Integra LifeSciences, Panpac Medical, and Medesign, also play important part in regional market, so the market share in each region is quite different.
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