The latest Urethral Bulking System Market research report offers a thorough analysis of growth opportunities and development trends until 2030. Using qualitative and quantitative research, it explores market drivers and challenges, providing valuable insights for businesses to make informed decisions and identify growth areas.
Global Urethral Bulking System Market is valued at approximately USD $$ million in 2022 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2023-2030.
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The urethral bulking system is a medical device used to treat urinary incontinence in women. The system involves injecting bulking agents, such as collagen or silicone, into the walls of the urethra to create a bulge that helps to prevent leakage of urine. Urinary incontinence is a common condition that can be caused by a variety of factors, such as childbirth, aging, or surgery. It occurs when the muscles that control the bladder become weak or damaged, leading to the involuntary leakage of urine. The market demand is primarily driven by the factors such as Non-surgical treatment options that can be performed without general anaesthesia, coupled with minimal side effects.
In addition, increasing cases of urethral incontinence in females. Menopause, hysterectomy, pregnancy, and childbirth are a few of the main underlying health issues that cause urethral incontinence in women. Moreover, a changed lifestyle is a key cause of urethral incontinence is acting as a major driving factor for market growth. According to NCBI, as of 2022, Over 423 million adults (20 years and older) worldwide are thought to suffer from urine incontinence. Between 24 and 45 per cent of women report having some level of incontinence. Women between the ages of 20 and 39 who report urine incontinence range from 7% to 37%. 9% to 39% of women over 60 reports having daily incontinence, thus, in turn, these factors are expected to escalate the demand for vaccines in the global market. Furthermore, growing demand for minimally invasive treatments, as well as Advancements in technology leading to new products and treatment options are presenting lucrative opportunities for market growth over the forthcoming years. However, healthcare providers may be unaware of the urethral bulking system or its benefits are restricting the market growth over the forecast period of 2022-2029.
The key regions considered for the Global Urethral Bulking System Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to an increase in the prevalence of urine incontinence in adults, the availability of novel bulking gel, improvements in technology, and the success or result of bulking agents in treating urinary continence conditions. Presence of major players selling kits for urethral bulking systems. Whereas, Asia Pacific is also expected to grow at the highest growth rate over the forecasting period. Factor such as Stress urine incontinence is becoming more common among both men and women in the region and is burgeoning the market growth in the forecasting years.
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Major market players included in this report are:
Boston Scientific Corporation
Contura International Ltd.
Coloplast Corp
CR Bard, Inc.
Merz Aesthetics Inc.
Cogentix Medical Inc.
Uroplasty, Inc.
Q-Med AB
ASCENTX MEDICAL, INC.,
AstraZeneca Plc.
Recent Developments in the Market:
In February 2023, AstraZeneca announced the successful completion of its purchase of CinCor Pharma, Inc., a clinical-stage biopharmaceutical company with operations in the US that specialises in the research and development of innovative therapies for resistant and uncontrolled hypertension as well as chronic kidney disease.
In December 2022, Boston Scientific Corporation and Acotec Scientific Holdings Limited have announce that Boston Scientific will make a partial offer to purchase a majority stake in Acotec, a Chinese medical technology company that provides solutions for various interventional procedures, up to a maximum of 65% of the company’s shares. Both businesses will have prospects for expansion as a result of this investment.
In October 2022, BD India, a leading provider of medical technology, teamed up with Raja Ramanna Centre for Advanced Technology (RRCAT), a famous government research institute, to sterilise one of its medical devices, Venflon Pro, using an electron beam (e-beam) technology at RRCAT’s Indore site. The scientists and engineers at RRCAT created and constructed the full e-beam facility. It is the only such facility in India that is certified to ISO 13485 and has regulatory approval for irradiating Class A and Class B medical equipment. This important relationship is a turning point in medical equipment manufacturers’ understanding of e-beam technology’s advantages in the nation. Also, it might improve India’s local infrastructure for processing equipment, allowing the Prime Minister’s vision of Atmanirbharta to come true.
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below.
By Disease Type:
Stress urinary incontinence
Urge incontinence
Overflow incontinence
Functional incontinence
Others
By Agent:
Bulkamid
Coaptite
Durasphere
Macroplastique
Others
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By End-Use:
Hospitals
Clinics
Ambulatory Surgical Centers
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
ROLA
Rest of the World
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Some Questions Answered in the Global Urethral Bulking System Market Report:
- What is the projected size of the global Urethral Bulking System market in 2030, and what growth rate is expected?
- What are the primary drivers of growth in the global Urethral Bulking System industry?
- What are the major market trends that are affecting the expansion of the Urethral Bulking System market?
- What obstacles must be overcome in order to achieve sustained growth in the Urethral Bulking System market?
- What opportunities and threats do vendors in the global Urethral Bulking System market face?
- What are the raw materials and manufacturing equipment used in the production of Urethral Bulking System Market, and what is the manufacturing process?
- What are the different types and applications of Urethral Bulking System Market, and what is the market share of each type and application?
- What factors, such as trends, challenges, and risk factors, are currently shaping the growth of the Urethral Bulking System market?
- What factors are driving the growth of the Urethral Bulking System market in the top regions worldwide?
- Who are the major players in the global Urethral Bulking System market, and what strategies are they employing to succeed?
- What industrial trends, drivers, and challenges are influencing the expansion of the Urethral Bulking System market?
- What are the main findings of a five forces analysis of the global Urethral Bulking System market?
Here are the key highlights of the report:
- Comprehensive assessments of the market share for Invisible Braces, conducted at both country and regional levels.
- In-depth analysis of the competitive landscape, identifying key trends within the industry.
- Thorough examination of market trends, encompassing product and technology advancements, drivers and barriers, and an analysis based on PORTER’s five forces.
- Strategic recommendations tailored for crucial business segments, leveraging market forecasts.
- Guidance provided for new market entrants, assisting them in navigating the industry landscape.
- Market forecasts encompassing all pertinent segments, sub-segments, and regional markets.
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