Global Pessary Market is expected to reach US$ 831.3 Million by 2032, growing at a CAGR Of 10.2% | FMI

The Pessary Market revenues were estimated at US$ 289.8 Million in 2021 and is anticipated to grow at a CAGR of 10.2% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 831.3 Million.

The vaginal pessary is one of the most ancient medical devices, having been used for centuries to treat POP and, more recently, SUI. When choosing a pessary, the severity of the SUI, the presence of prolapse, and the level of sexual activity should all be taken into account Transvaginal silicone or rubber devices are used to treat incontinence.

They are intended to support the epithelial duct and bladder wall while also elongating and gently condensing the urethra against the pubis. When intra-abdominal pressure rises, this structural configuration reduces, and in many cases eliminates, leakage, effectively resolving incontinence. An incontinence pessary, similar to a vaginal sling, supports the ureterovesical junction from this position.

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According to estimates, 30% of women between 30 to 60 years are affected, compared to 1.5 to 5% of men. Stress causes urinary incontinence, which can happen during and after pregnancy. Weight gain, urethral sphincters, menopause, and childbirth have all been connected to it.

According to the American Urological Association, 25% to 35% of men and women in the United States struggle with stress urinary incontinence. The disease has affected over half billion people worldwide. A urinary tract infection, urethral sphincters, menopause, and pregnancy are all factors that lead to the development of stress urinary incontinence symptoms, creating a market for pessaries.

Key Takeaways:

• The global pessary market is expected to grow significantly in the coming years, driven by the increasing prevalence of pelvic organ prolapse and urinary incontinence, as well as the growing awareness of pessaries as a non-surgical treatment option for these conditions.
• North America is expected to remain the largest market for pessaries throughout the forecast period, followed by Europe and Asia Pacific.
• Ring pessaries are expected to be the most popular type of pessary during the forecast period.
• Silicone pessaries are expected to be the most popular material for pessaries during the forecast period.
• Hospital pharmacies are expected to be the most popular distribution channel for pessaries during the forecast period.

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Key Companies Covered:

• MedGyn Products, Inc.
• Cooper Surgical Inc.
• Personal Medical Corp.
• Panpac Medical Corp
• Smiths Medical
• Thomas Medical
• Artisan Medical
• Bioteque America, Inc.
• Integra LifeSciences Corporation
• Arabin GmbH & Co.
• Medgyn Products, Inc.
• Wallach Surgical Devices

Some of the recent developments in the pessary market are mentioned below:

• In February 2022, Cooper Companies agreed to purchase Cook Medical’s Reproductive Health division, which manufactures noninvasive fertility, obstetrics, and gynecology devices. Cooper will pay US$ 875 million in total, with US$ 675 million paid at closing and the remaining US$ 200 million paid in four US$ 50 million annual installments.
• In February 2022, Theramex, a global pharmaceutical company specializing in women’s health expanded its initial collaboration with Endoceutics to commercialize Intrarosa in Australia. Intrarosa is the first and only DHEA treatment that has been approved for postmenopausal women suffering from moderate to severe vulvovaginal atrophy.
• In August 2021, Liv Labs developed a reusable female comfort pessary that does not require a doctor’s prescription. Patients suffering from incontinence are currently fitted for pessaries, which must be worn for six months before being removed.

The Liv Labs pessary is soft, smooth, and squishy, making insertion and removal easier. It is made of medical-grade silicone. Women can use it whenever they want, whether it is all day or just for a quick trip to the gym.

Market Segments Covered in Pessary Market Analysis:

By Type:

• Gellhorn
• Ring
• Donut
• Other Types

By End-Use:

• Hospitals
• Ambulatory Surgical Centres
• Clinics

By Region:

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America

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About Future Market Insights (FMI)

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