Vaginal pessaries are flexible devices inserted into the vagina to support pelvic organs like the uterus or bladder. Some common types of vaginal pessaries include ring pessaries, gellhorn pessaries, and inflatable pessaries. They are used to treat pelvic organ prolapse and urinary incontinence. Vaginal pessaries provide a cost-effective non-surgical alternative for managing these conditions and improving quality of life.
The global vaginal pessary market is estimated to be valued at US$ 357.36 Bn in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the key trends driving growth in the vaginal pessary market is increasing consumer awareness about pelvic floor disorders and the available treatment options. As these conditions become more prevalent with aging populations worldwide, education programs and online health communities are bringing more visibility to pelvic floor health issues that were previously considered taboo topics. This has encouraged more women to proactively manage conditions like pelvic organ prolapse and urinary incontinence. The non-invasive nature and favorable side effect profile of vaginal pessaries have made them a popular first-line treatment choice. Rising consumer demand for convenient care options is expected to further fuel market expansion over the forecast period.
Segment Analysis
The vaginal pessary market is dominated by the ring pessary sub segment. Over 40% of the market share is held by the ring pessary sub segment. This is because ring pessaries are easy to insert and remove, suitable for mild to moderate pelvic organ prolapse conditions. Their simple design makes them a cost-effective solution. Other prominent sub segments include cube pessary and Gellhorn pessary. However, ring pessary leads the segment owing to the stated advantages.
Key Takeaways
Global Vaginal Pessary Market Demand is expected to witness high growth over the forecast period of 2023 to 2030. The North American region currently dominates the market due to high awareness levels about pelvic floor disorders and their treatment options including pessary devices. Rising cases of pelvic floor disorders such as pelvic organ prolapse and increasing preference for minimally invasive treatment options are some factors expected to drive growth.
Regional analysis
The Asia Pacific region is expected to be the fastest growing market for vaginal pessary. This is attributed to rapidly expanding healthcare infrastructure, improved accessibility and growing medical tourism industry in the region. Growing incidences of uterine and pelvic floor disorders coupled with increasing focus of key players on tapping opportunities in emerging economies are few other factors expected to support market growth in Asia Pacific.
Key players
Key players operating in the vaginal pessary market are CooperSurgical, Inc., MedGyn Products, Inc., Thomas Medical, Inc., Smiths Medical, Milex Products, Inc., Personal Medical Corp., Panpac Medical Corp., Gyneas, Uromed Kurt Drews KG, Integra LifeSciences Corporation, Boston Scientific Corporation, Cook Medical, Medtronic plc, C. R. Bard, Inc. (BD), Coloplast A/S.
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