The global artificial urinary sphincter market is anticipated to be valued at USD 459.8 million in 2023 and is anticipated to expand at a CAGR of 5.2%. It is predicted to be worth USD 760.5 million in 2033. Growth is attributed to the increasing use of lactic acid in end-user industries. A CAGR of 3.3% was registered for the market from 2018 to 2022.
Urinary sphincters are two muscles that control the passage of urine in the urinary bladder through the urethra. These muscles play a vital role in the retention and release of urine. These two muscles are the external urethral sphincter and the internal urethral sphincter. When one of the muscles contracts, the urethra is shut and hence the passage of urine is stopped.
An artificial urinary sphincter (AUS) is a device which is composed of silicone rubber that is preferred for the treatment of urinary incontinence. The urinary sphincter is a muscle that controls the flow of urine through your bladder. (AUS) is used to control the flow of urine and is most commonly used in men. It is designed to supplement the function of the natural urinary sphincter which restricts the urine flow out of the bladder.
An artificial urinary sphincter is an implantable, fluid-filled, solid silicone elastomer device. It is a standard treatment for male stress urinary incontinence. It is preferred as it provides discrete bladder control
Attribute | Artificial Urinary Sphincter Market (From 2018 to 2022) |
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CAGR | 3.3% |
Market Size - 2018 | USD 375.3 million |
Market Size - 2022 | USD 441.7 million |
Attribute | Artificial Urinary Sphincter Market (From 2023 to 2033) |
---|---|
CAGR | 5.2% |
Market Size - 2023 | USD 459.8 million |
Market Size - 2033 | USD 760.5 million |
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The artificial urinary sphincter (AUS) market witnessed significant growth between 2018 and 2022, driven by rising cases of urinary incontinence and the increasing adoption of minimally invasive surgical procedures. Additionally, technological advancements and product innovations further propelled market expansion.
From 2023 to 2033, the AUS market is anticipated to experience significant growth. Factors such as the aging population, growing awareness about urinary incontinence treatment options, and continuous advancements in healthcare technology are expected to accelerate market demand. Further, emerging economies and developing healthcare infrastructure may contribute to the market's expansion, making AUS a key focus area for medical device manufacturers and healthcare providers.
Numerous obstacles are likely to pose a challenge to market growth, although the artificial urinary sphincter (AUS) market has numerous end-uses. The main factor affecting the growth of the artificial urinary sphincter market is the high treatment costs of the artificial urinary sphincter which limit the usage of the artificial urinary sphincter in the healthcare industry.
The artificial urinary sphincter market is also associated with many risks regarding an injury to the urethra or bladder during the placement of the device which restricts the adoption among patients, device infection or persistent stress, and other side effects due to infections.
Recurrent cases of device failure have resulted in the loss of market share for manufacturers. Also, the factors such as stringent government regulations and the dearth of skilled professionals are expected to restrain market growth.
Category | End User |
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Leading Segment | Hospitals |
Market Share | 66.30% |
Category | Gender |
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Leading Segment | Male |
Market Share | 78.20% |
The global market has been categorized into hospitals, clinics, and Ambulatory Surgery Centers (ASCs) based on end-use. In 2022, the hospitals segment captured a significant share of the revenue. This can be attributed to the growing prevalence of urine incontinence and the increasing adoption of innovative treatment options. Further, the rise in hospital admissions for urine incontinence is a key driver of revenue growth in this segment.
Hospitals offer a wide range of treatment options, including surgical procedures, which contributes to the high demand for artificial urinary sphincters. Additionally, the presence of advanced medical facilities and access to skilled healthcare professionals are expected to boost revenue growth in the hospitals segment.
The clinics segment is projected to exhibit significant revenue growth during the forecast period. This growth is driven by the escalating prevalence of urine incontinence among the elderly population and the growing demand for minimally invasive treatment alternatives.
Patients often opt for outpatient procedures at clinics due to their affordability compared to hospitals. The clinics' accessibility to innovative diagnostic and therapeutic tools is expected to contribute to revenue growth.
The ASCs segment is anticipated to experience significantly notable revenue growth during the forecast period. This growth is primarily fueled by the increasing demand for same-day operations and the preference for outpatient procedures.
ASCs offer patients access to high-quality care in a comfortable environment, serving as a convenient alternative to hospitals and clinics. ASCs further provide cost-effective treatment options, which is expected to drive revenue growth in this segment.
Countries | Market Share (2023) |
---|---|
North America | 34.8% |
Europe | 25.8% |
North America was the significantly growing region for the artificial urinary sphincter industry. The trend is expected to continue into the forecast period owing to the development of many treatment facilities and rising investments in the healthcare sector. Moreover, North America is anticipated to account for a market share of 35% owing to an increase in the use of urinary incontinence devices by patients.
Factors such as an increase in the geriatric population, the presence of research & development programs, and high-class healthcare infrastructure are boosting demand in the urinary cystitis management market.
The market in North America is anticipated to be driven by an increasing number of market players researching urine incontinence, increasing awareness about the availability of surgical treatment for urological disorders, and the growing importance of surgical management of stress urinary incontinence.
The adoption of new approaches for sphincter placement has paved the way for new dimensions for surgical procedures. This is expected to boost the growth of the market.
Countries | Market CAGR (From 2023 to 2033) |
---|---|
China | 6.3% |
India | 5.2% |
Australia | 4.6% |
United Kingdom | 3.6% |
According to Future Market Insights, Europe accounts for a 26% share of the total global artificial urinary sphincter industry. The growth in Europe is attributed to growing allied industries in the region. An increase in government investments in the healthcare sector in emerging markets is expected to offer new opportunities during the analysis period.
The United Kingdom is predicted to make the most significant contribution to developing the regional market. This can be attributed to the presence of resources, the contribution of key players, and the ongoing development of the healthcare sector.
The factors which might fuel the growth of the artificial urinary sphincter market in the Asia Pacific are rising healthcare infrastructure and rapid development of the healthcare infrastructure across Asian countries. Further, the expansion of the regional market can be attributed to the increasing disposable income among developing countries such as India, China, and Japan.
There is an increase in the geriatric population and a growing number of healthcare centers such as hospitals offering treatment of urological conditions in the region. According to the Continence Foundation of Australia, nearly 5 million people in Australia experience bladder or bowel control problems. An increase in the number of urology care centers with technologically advanced surgical devices fuels the growth of the global artificial urinary sphincter market.
Countries | Market Share - 2023 |
---|---|
The United States | 31.1% |
Germany | 6.3% |
Japan | 4.9% |
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The competition in the artificial urinary sphincter (AUS) market is characterized by a moderate level of competition. Several key artificial urinary sphincter manufacturers dominate the market, including medical device manufacturers and healthcare companies. Further, these companies continually invest in research and development activities to improve their product offerings and gain a competitive edge.
The artificial urinary sphincter industry is driven by factors such as product efficacy, safety, durability, and affordability. To maintain their market position, companies also focus on strategic collaborations, mergers and acquisitions, and new product launches. Moreover, the artificial urinary sphincter business offers opportunities for new entrants with innovative technologies and approaches to challenge the established players and capture market share.
Key Players Operating in the Global Market
Latest Innovations:
Company | ZSI |
---|---|
Strategy | Surgeons at French Hospital Foch Praise ZSI 100 D4 Penile Implant for Smooth Metoidioplasty Procedure |
Details | ZSI reported that a metoidioplasty with penile implant ZSI 100 D4 was carried out by Drs. Madec and Vidart in the French hospital Foch in May 2021. Both surgeons are really happy with the implants, and the procedure went smoothly. |
Company | Boston Scientific Corporation |
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Strategy | Boston Scientific's Strategic Move: Acquisition of Majority Stake in M.I.Tech Co., Ltd. |
Details | The majority of M.I.Tech Co., Ltd., a publicly traded Korean manufacturer, and distributor of medical devices for endoscopic and urologic procedures, might be acquired by Boston Scientific Corporation. It was revealed in June 2022. |
The current artificial urinary sphincter market size stands at USD 459.8 million in 2023.
The artificial urinary sphincter sales potential is projected to surge at a CAGR of 5.2%, surpassing a value of USD 760.5 million by 2033.
Rising cases of urinary incontinence and technological advancements in implantable devices are molding the artificial urinary sphincter market growth.
The artificial urinary sphincter market surged from USD 375.3 million in 2018 to USD 441.7 million in 2022, exhibiting a 3.3% CAGR.
Given the rising demand for surgical solutions and specialized care, hospitals exhibit promising growth in the artificial urinary sphincter market.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type 5.1. InVance Male Suburethral Sling 5.2. AdVance Male Suburethral Sling 5.3. Virtue Male Sling 5.4. AMS 800 5.5. Others 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End-User 6.1. Hospitals 6.2. Clinics 6.3. Academic and Research Institutes 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 7.1. North America 7.2. Latin America 7.3. Western Europe 7.4. Eastern Europe 7.5. South Asia and Pacific 7.6. East Asia 7.7. Middle East and Africa 8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Key Countries Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. Boston Scientific Corporation 17.2. RBM - Reinhard Becker Medizinprodukte 17.3. ZSI 17.4. Zephyr Surgical Implants 17.5. Silimed Medical Devices 17.6. Albyn Medical 17.7. GT Urological LLC 17.8. Promedon 17.9. UroMems Inc. 17.10. Uromedica Inc. 17.11. My powers Medical 17.12. CooperSurgical Inc. 17.13. Laborie Medical Technologies Inc. 18. Assumptions & Acronyms Used 19. Research Methodology
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