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The increase in the number of women experiencing urinary incontinence, especially stress urinary incontinence worldwide, is meant to boost market growth. global vaginal slings market was valued at $628 million in 2016 and is projected to reach $1,626 million by 2023, growing at a CAGR of 14.5% from 2017 to 2023. The conventional vaginal slings accounted for a three-fifths share of the global market in 2016.
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Vaginal Slings Market 2023: Future Scenarios and Implications for the Industry The vaginal sling procedures have witnessed an increase in demand due to the increased preference for the treatment of urinary incontinence. Women who suffer from severe urinary incontinence lose control of the bladder and, therefore, they are advised to undergo vaginal surgeries. Women suffering from urinary incontinence experience loss of urine after coughing or sneezing, and severe urinary incontinence affects the patient's daily life, where the vaginal sling procedure becomes essential. The increase in the number of women experiencing urinary incontinence, especially stress urinary incontinence worldwide, is meant to boost market growth. In addition, the growing female geriatric population drives market growth. According to Allied Market Research the global vaginal slings market was valued at $628 million in 2016, and is projected to reach $1,626 million by 2023, growing at a CAGR of 14.5% from 2017 to 2023. The conventional vaginal slings accounted for three-fifths share of the global market in 2016. In addition, the increase in developments related to the materials used in the construction of advanced slings complements the growth of the market. However, the lack of awareness among patients regarding vaginal sling procedures hinders market growth. In addition, the increase in technological advances in relation to vaginal slings offers profitable opportunities for market expansion. Vaginal slings used in other medical settings, such as gynecological centers and ambulatory surgical centers, have registered a significant growth rate from 2017 to 2023, and are attributed to the increase in patient preference. In addition, hospitals have accounted for approximately half of the world market share of slings in 2016, and are expected to do so throughout the forecast period. Hospitals adopt advanced vaginal slings as soon as possible compared to clinics and ambulatory surgical centers, which increases the number of vaginal surgeries performed in hospitals. Get Access to TOC / Sample Report @ https://www.alliedmarketresearch.com/request- sample/4519?utm_source=openpr_ss Major Companies: Coloplast Boston Scientific Corporation C. R. Bard Inc. Ethicon Inc. American Medical Systems Caldera Medical
Cook Medical Key Findings of the Vaginal Slings Market: The clinics segment has the second position among the final users of the vaginal slings market in 2016, and is expected to grow to a CAGR of 14.7% from 2017 to 2023. North America dominated the world market for vaginal slings, representing the maximum share of the general market in 2016, and is expected to do so throughout the forecast period. India is the fastest growing country in the vaginal slings market in Asia and the Pacific during the forecast period. It is anticipated that advanced vaginal slings will grow at the fastest rate, registering a CAGR of 16.0% from 2017 to 2023. Send Enquiry on this Report @ https://www.alliedmarketresearch.com/purchase- enquiry/4519?utm_source=openpr_ss