Vaginal Pessary Market
Number of pages: 100 | Report Format: PDF | Published date: April 13, 2023
Historical Years – 2021 | Base Year – 2022 | Forecasted Years – 2023-2031
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Report Attribute |
Details |
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Market Size Value in 2022 |
US$ 605.35 million |
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Market Size Value in 2031 |
US$ 279.87 million |
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CAGR |
8.95% |
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Base Year For Estimation |
2022 |
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Forecast Period |
2023 to 2031 |
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Historical Year |
2021 |
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Segments Covered |
Product Type, Indications, End User, and Region |
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Regional Scope |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
According to the deep-dive market assessment study by Growth Plus Reports, the global vaginal pessary market was valued at US$ 279.87 million in 2022 and is expected to register a revenue CAGR of 8.95% to reach US$ 605.35 million by 2031.
Vaginal Pessary Market Fundamentals
A vaginal pessary is a medical device to support pelvic organs such as the uterus, bladder, or rectum. It is commonly used to treat pelvic organ prolapse, which occurs when one or more pelvic organs protrude into the vaginal wall because of weaker pelvic muscles. The pessary is made of silicone or rubber and comes in various forms and sizes. A healthcare practitioner fits it, and the patient may remove, clean, and reinstall it. Vaginal pessaries are usually considered safe and helpful for treating pelvic organ prolapse; however, they can produce vaginal discharge, discomfort, and pain.
The global vaginal pessary market revenue has been growing steadily over the years due to the rising incidence of POP and urinary incontinence in women. The increasing awareness of the benefits of vaginal pessaries, the development of innovative products, and marketing activities are the key vaginal pessary industry trends. The global geriatric population is consistently growing, and the increasing demand for non-surgical treatment options in this population group is augmenting the uptake of pessaries. Conversely, limited commercialization in remote and rural regions is a key vaginal pessary industry challenge.
The global vaginal pessary market players are focusing on product innovation and development to offer increasing demand for effective and comfortable solutions for pelvic organ prolapse and urinary incontinence. They are also expanding their distribution channels and collaborating with healthcare professionals to increase awareness about the benefits of using vaginal pessaries.
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Vaginal Pessary Market Dynamics
A key factor supporting the global vaginal pessary market is the increasing prevalence of pelvic organ prolapse. Pelvic organ prolapse is a common condition among women, and the demand for non-surgical treatment options such as vaginal pessaries is expected to drive market revenue growth in the coming years. Technological advancements and new materials used in pessary manufacturing also contribute to the increased adoption of vaginal pessaries. According to the 2022 National Institutes of Health estimates, over 40% of women worldwide have pelvic organ prolapse (POP), which is likely to rise as the population ages. This increase in the prevalence of POP is expected to drive the demand for pessaries, as they are considered a non-surgical treatment option for this condition. Moreover, rising awareness about women's health and the availability of effective treatment options are also expected to boost market revenue growth.
3D printing technology is rapidly being employed in medical device manufacturing to create personalized equipment, including vaginal pessaries. 3D printing enables the fabrication of highly customized and precise devices that may be adjusted to each patient's individual anatomical requirements. 3D printing allows for creating pessaries with personalized forms and sizes that more precisely fit the patient's anatomy. This can result in better patient outcomes since properly fitting pessaries are more successful in treating pelvic organ prolapse and other associated disorders.
Government initiatives for vaginal pessaries include funding for research and development of new pessary designs and materials and education and awareness campaigns to increase awareness about the benefits of pessaries for pelvic organ prolapse and urinary incontinence. These initiatives aim to improve the quality of life for women suffering from such conditions and provide them with alternative treatment options to surgery or medication. The government may also collaborate with healthcare providers to ensure that pessaries are readily available and accessible.
The restraining factor for the global vaginal pessary market is the lack of awareness about the product and its benefits among women and the discomfort and inconvenience associated with its use. However, growing initiatives by healthcare organizations to educate women about POP and possible treatment avenues will drive stable demand for vaginal pessaries.
Vaginal Pessary Market Ecosystem
The global vaginal pessary market is analyzed from four perspectives: product type, indications, end user, and region.
Vaginal Pessary Market by Product Type
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Based on product type, the global vaginal pessary market is segmented into vaginal rings, cubes, Gehrung, Gellhorn, and others.
In 2022, the vaginal rings segment led the global vaginal pessary market in terms of revenue share. Vaginal rings offer a convenient and discreet alternative to traditional vaginal pessaries, which can be uncomfortable and require frequent adjustment. Additionally, ring pessaries have been shown to effectively manage pelvic organ prolapse and urinary incontinence, making them a valuable addition to the vaginal pessary market. The rings work by supporting the pelvic organs and reducing pressure on the bladder, which can lead to improved bladder control and reduced symptoms of prolapse. They can be easily inserted and removed by the patient themselves, making them a user-friendly option for women seeking non-surgical treatment for these conditions.
The vaginal cubes segment is expected to show lucrative revenue growth during the forecast period. This rise in revenue is attributed to the increasing awareness among women about the benefits of using vaginal cubes for maintaining hygiene and preventing infections. The rising prevalence of gynecological disorders is also expected to drive the demand for cube pessaries during the forecast period.
Vaginal Pessary Market by Indications
Based on the indications, the global vaginal pessary market is segmented into urinary incontinence and pelvic organ prolapse.
The pelvic organ prolapse segment accounted majority of the global vaginal pessary market revenue share in 2022. This can be attributed to the increasing prevalence of pelvic organ prolapse and the growing awareness about non-surgical treatment options such as vaginal pessaries among women. Vaginal pessaries can improve symptoms and quality of life in pelvic organ prolapse patients. They are also cost-effective and can be easily removed or replaced if necessary.
The urinary incontinence segment is expected to register high revenue growth during the forecast period. They support the bladder and urethra, reducing stress on the pelvic floor muscles. As against neurostimulation and the use of disposables, vaginal pessaries are an economical yet equally effective method for urinary incontinence management. Considering the high incidence of urinary incontinence in women, the above factors support the high revenue growth of the vaginal pessary market.
Vaginal Pessary Market by End User
Based on end users, the global vaginal pessary market is segmented into hospital pharmacies, online pharmacies, retail pharmacies, and others.
In 2022, the hospital pharmacy segment accounted for the majority of the global vaginal pessary market revenue. Hospitals offer specialized medical personnel, such as gynecologists, trained to identify and treat diseases that necessitate vaginal pessaries. These medical experts have the ability and experience to appropriately prescribe and use vaginal pessaries. Moreover, hospitals have access to a wide range of medical resources, such as modern medical equipment, medicine, and other medical supplies that may be utilized to treat patients in combination with vaginal pessaries. This leads to greater patient footfall in hospitals; moreover, the first application of vaginal pessaries often needs physician intervention, further augmenting the relevance of the hospital pharmacies segment.
The online pharmacy segment is expected to show lucrative revenue growth in the global vaginal pessary market. The increasing adoption of e-commerce platforms and rising demand for subtle purchasing of women's health products are key factors driving the revenue growth of the online pharmacy segment in the vaginal pessary market. Additionally, favorable government initiatives to promote online sales of medicines and healthcare products are further expected to boost market revenue growth.
Vaginal Pessary Market by Region
Based on the region, the global vaginal pessary market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.
North America accounted for the highest revenue share in 2022. The increasing prevalence of pelvic organ prolapse and urinary incontinence, coupled with the growing geriatric population, are the key factors driving North America's revenue growth of the vaginal pessary market. Additionally, advanced healthcare infrastructure and reimbursements are expected to further boost market revenue growth in the region.
The Europe vaginal pessary market is characterized by a growing demand for non-invasive treatment options for pelvic organ prolapse and urinary incontinence. Additionally, technological advancements in pessary design and materials are expected to drive market revenue growth in Europe. The increasing prevalence of pelvic organ prolapse and urinary incontinence among the aging female population also contributes to the Europe vaginal pessary market revenue growth. Moreover, rising awareness about pessaries' benefits over surgical interventions will likely boost market demand during the forecast period.
The Asia Pacific vaginal pessary market, is expected to grow significantly due to the rising prevalence of pelvic organ prolapse and urinary incontinence in women, increasing awareness about women's health, and the growing availability of advanced medical technologies. The market revenue is also driven by the phenomenally increasing geriatric population and favorable government initiatives promoting women's health.
Competitive Landscape of the Global Vaginal Pessary Market
The presence of several established players and new entrants characterizes the competitive landscape of the vaginal pessary market. These companies are focusing on developing innovative products and expanding their geographical reach to gain a competitive edge in the market. Increasing awareness programs by market players in collaboration with patient advocacy groups, charities, and healthcare institutes about the benefits of vaginal pessaries among women is a prominent strategy identified in the market.
The prominent companies operating in the global vaginal pessary market with the largest revenue share are:
Strategic Developments in the Vaginal Pessary Market
The vaginal pessary market is expected to grow due to increased awareness, demand for non-surgical treatment options, technological advancements, and the growing geriatric population and gynecological disorders.
The global vaginal pessary market was valued at US$ 279.87 million in 2022.
Increasing awareness programs by market players in collaboration with patient advocacy groups, charities, and healthcare institutes about the benefits of vaginal pessaries among women is a prominent strategy identified in the market.
In 2022, the vaginal rings segment led the global vaginal pessary market in terms of revenue share.
The global vaginal pessary market was valued at US$ 279.87 million in 2022 and is expected to register a revenue CAGR of 8.95%.
*Insights on financial performance are subject to the availability of information in the public domain