Global Penile Implants Market is expected to shoot at USD 643.25 Million at CAGR of +4% by 2028.
Penile implants are typically recommended after ED (erectile dysfunction) treatments fail. ED can be caused by various medical conditions such as pelvic trauma, iatrogenesis, prostate cancer, spinal cord injury, congenital anomalies, peyronie’s disease, and vascular conditions.
Penile implants are implanted in the corpora cavernosa section of the penis through surgical operation. Penile implants are considered to be one of the most effective treatments for erectile dysfunction. These implants are usually recommended when less intrusive methods like penile infusions, oral pharmaceutical medicines and vacuum erection devices fail to work or provide unsatisfactory results, or are contraindicated.
As per the National Center for Biotechnology Information, approximately 30 million men in the U.S. and around 150 million men around the world are affected by ED.
Boston Scientific Corporation, launched its latest malleable penile implant product Tactra to cure erectile dysfunction. The bulk of the penile operations will thus be carried out in an outpatient environment, eliminating the need for hospital admissions.
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A new market report documentation has been added with extensive research elements, evaluating the diverse growth propellants in the Global Penile Implants Market. The report is a mindful representation of robust research activities undertaken by in-house research experts who have critically imbibed the output of various primary and secondary research endeavors in a bid to comprehend the impact of COVID-19 reflected upon the growth trajectory of the Penile Implants market.
- Boston Scientific Corporation
- Zephyr Surgical Implants
- American Medical Systems
- Rigicon Inc
A thorough analytical review of the pertinent growth trends influencing the Penile Implants market has been demonstrated in the report to affect unbiased and time-efficient business discretion amongst various leading players, seeking a strong footing in the competitive landscape of the Penile Implants market, which regularly gets influenced in a major way by the ongoing micro and macro-economic factors having a lingering set of implications on the global growth trends of the aforementioned market.
Owing to the sudden onset of dynamic macro-economic factors such as the outrage of COVID-19, the Penile Implants market has been thoroughly affected by the current developments, thus manifesting in a myriad alterations and tangible deviations from the regular growth course of the Penile Implants market.
Penile Implants Market Report Segment: by platform type
Penile Implants Market Report Segment: by end-use
- Ambulatory Surgery Centers
Penile Implants Market Report Segment: by region
- Asia Pacific
- North America
- South America
- Middle East & Africa
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The following sections of this versatile report on Penile Implants market specifically sheds light on popular industry trends encompassing both market drivers as well as dominant trends that systematically affect the growth trajectory visibly. The report also sheds substantial light on all major key producers dominant in the Penile Implants market, encompassing versatile details on facets such as production and capacity deductions. Substantial light has also been shed upon other key elements such as overall production, activities practiced by key players, best of the industry practices.
- The report provides a qualitative and quantitative analysis of the current Market trends, forecasts, and market size from 2020 to 2028 to determine new opportunities.
- Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
- Top impacting factors & major investment are highlighted in the research.
- The major countries in each region are analyzed and their revenue contribution is mentioned.
- The market player positioning segment provides an understanding of the current position of the market players active in the market.
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