According to the current analysis of Reports and Data, the Global Artificial urethra market is expected to reach USD 841.44 million by the year 2026, in terms of value at a CAGR of 12.5%. The efflux of urine is a common condition, which affects the patient’s quality-of-life. Incontinence may arise as a consequence of a weakness of the urinary bladder or sphincter dysfunction, usually over-activity. The artificial urethra also called as artificial urinary sphincter consists of a cuff or ring that is placed around the urethra. There is a pump placed in the wall of the scrotum which can be manually squeezed. Upon squeezing the pump, fluid is shifted from the cuff to a balloon or reservoir that is placed behind the abdominal muscles.
Increase in investments in the market, which are supporting the technological advancements, and rise in healthcare expenditure are estimated to shape the growth of the artificial urethra market. The technological advancements in the artificial urethra include development of enhanced silicone rubber designs, advanced slings, and other flow securing devices. Due to these advancements in recent times, artificial urethras have demonstrated lesser adverse effects and greater efficacy and symptomatic relief in patients with prostate gland disorders as compared to conventional methods. Likewise, the potential benefits of artificial urethra therapy, such as long-term efficacy for 10 to 15 years, are projected to facilitate growth over the study period.
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Furthermore, these advancements aid clinical researchers and physicians in investigational efficacy studies for the usage of artificial urethra off-label clinical applications such as prostate cancer. The flow Secure artificial urinary sphincter is a new prosthesis for the management of urinary incontinence due to Intrinsic urethral sphincter deficiency (ISD). Indications for implantation of the Flow Secure device in order of significance are post-prostatectomy urinary incontinence, incontinence due to congenital abnormalities, neurogenic bladder with ISD, and stress incontinence. The different and novel products in artificial urethra market designed for implantation in pediatric patients to treat deficient bladder sphincter function are expected to drive the demand of artificial urethra in the analysis period. The ZSI 375 for instance, has the advantage to increase the permitted pressure and allows the user to readjust the cuff. Various new types of the artificial sphincter are being developed using a spring-loaded mechanism for applying circumferential pressure in the urethra, which is easy to implant and simple to use. These product development initiatives undertaken by various companies are anticipated to bolster the artificial urethra market growth in the forecast period.
Key findings from the report suggest:
- The silicone elastomers segment of global artificial urethra market is expected to grow at a high CAGR by 2026. The significant share is due to long term effects of silicone elastomers.
- As no single device to manage incontinence is appropriate for all situations, a diverse range of products are available on the market. some of the key issues of continence care along with the the current technology and recent product development strategies, assessment & treatment of incontinence through novel procedures are expected to drive the demand in analysis period. However, the high cost of the surgery is still a restraining factor.
- By application, it has been observed that men are using the artificial urethra to a greater extent due to the increase in prostate infections. According to the National institute of Diabetes and Digestive and Kidney Diseases (NIDDK, 2014), prostatitis accounts for about two million visits to health care providers in the U.S. each year affecting 10 to 15 percent of the U.S. male population.
- The increasing geriatric population across the world is a major driving factor for artificial urethra market.
Competitive Landscape:
The report also focuses on details of each market player including its global position, financial standing, revenue generation, company overview, product & service portfolio. The Artificial Urethra market is extremely competitive and consists of several key players at regional and global level. Key players are focused on adopting various strategies such as new product launches, mergers and acquisitions, investments in R&D, partnerships, joint ventures and collaborations to strengthen their market position and enhance product portfolio.
Leading companies operating in the market are:
- Boston Scientific Corporation
- Zephyr Surgical Implants
- GT Urological
- Myopowers Medical Technologies SAS
- Promedon
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The report also offers detailed insights about market segmentation based on type, application and regional bifurcation:
Artificial Urethra Market Segmentation:
Product Outlook:
- Silicone elastomers
- Others
Incontinence Type:
- Stress Incontinence
- Urge Incontinence
- Overflow Incontinence
- Functional Incontinence
Sales Channel Outlook:
- Channel sales
- Direct sales
End-user Outlook:
- Hospitals
- Specialty Clinics
- Research institutes
Geographic Segment Covered in the Report:
The Artificial Urethra report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.
• North America (the USA and Canada)
• Europe (UK, Germany, France, and the rest of Europe)
• Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
• Latin America (Brazil, Mexico, and the rest of Latin America)
• the Middle East and Africa (GCC and the rest of the Middle East and Africa)
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Key market aspects are illuminated in the report:
- Executive Summary: It covers a summary of the most vital studies, the Global Artificial Urethra market increasing rate, modest circumstances, market trends, drivers and problems as well as macroscopic pointers.
- Study Analysis: Covers major companies, vital market segments, the scope of the products offered in the Global Artificial Urethra market, the years measured, and the study points.
- Company Profile: Each Firm well-defined in this segment is screened based on a products, value, SWOT analysis, their ability and other significant features.
- Manufacture by Region: This Global Artificial Urethra report offers data on imports and exports, sales, production and key companies in all studied regional markets.
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- Hospitals
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