With the emergence and long-term Impact of COVID-19, Global Erectile Dysfunction Devices Market to reach USD 3.1 Billion by 2030
Bizwit Research & Consulting LLP’s recent analysis on the Global Erectile Dysfunction Devices Market points towards a potential rise to USD 3.1 Billion by 2030. Erectile dysfunction devices are specially designed to help men who have difficulty achieving or maintaining an erection. These devices are used as a non-invasive and drug-free alternative to other treatment options. They work by creating a vacuum or applying pressure to the penis, which helps draw blood into the organ and create an erection.
Other devices, such as penile implants, are surgically placed in the penis to provide rigidity and support during sexual activity. These devices aim to assist men in achieving satisfactory sexual function and improve their overall sexual health. Its driving factors are prevalence of erectile dysfunction and increasing geriatric population.
Geographically, the global Erectile Dysfunction Devices market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). North America dominated the market in 2022. North America dominated the market due to sedentary lifestyle and growing number of people living with diabetes and CVD’s technologically advanced devices are available and the infrastructure of healthcare is well-established. Asia-Pacific and Latin America, have shown significant potential for growth in the ED devices market. Factors such as increasing healthcare expenditure, improving healthcare infrastructure, rising awareness about sexual health, and a larger aging population in these regions contribute to the market’s growth potential.
The global Erectile Dysfunction Devices market is highly competitive owing to the presence of several key players such as Boston Scientific Corporation Rigico Inc Coloplast Group Promedon GmbH Zephyr Surgical Implants STORZ MEDICAL AG VIVUS Inc Augusta Medical Systems LLC Reflexonic LLC Infinium Medical, and others.
For further analysis on this or to request a sample copy of this report, please click the link mentioned below:
Key findings of the study suggest:
- Global Erectile Dysfunction Devices Market is anticipated to grow with a healthy growth rate of more than 8.8% over the forecast period 2023-2030.
- In the Type segment, Vacuum Constriction Devices emerged out as the leading market segment in 2022.
- North America is anticipated to drive regional growth due to sedentary lifestyle and growing number of people living with diabetes and CVD’s technologically advanced devices are available and the infrastructure of healthcare is well-established.
- Asia Pacific is expected to grow at higher rate followed by Europe during 2023-2030.
Bizwit Research & Consulting has considered following segments for the study:
By Type:
- Vacuum Constriction Devices
- Penile Implants
- Shockwave Therapy
- Other Devices Types
By Age Group:
- Less Than 40 Years
- 40-60 Years
- More than 60 years
By Cause:
- Vascular Disorder and Diabetes
- Neurological Disorder
- Other Causes
By End-User:
- Hospitals ASCs
- Clinics
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Korea
- Australia
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Regional Outlook
To get a sample of this report or to purchase a copy of the study, you can directly contact us at: sales@bizwitresearch.com
About Us
Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. The company has a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. Bizwit incorporate big data, expert analysis, and huge industry database to deliver client focused business consulting reports. Our analysts perform unbiased measurement and assessment of market opportunities to comprehend detailed market forecast. Our team of key opinion leaders evaluates the market size, growth prospects, end-use, applications, value & supply chain and top vendors in the industry to help the clients to take conversant business decisions without any vague assumptions.
Contact US
Global Business Development
Phone: +1 209 498-3066
Email: Sales@bizwitresearch.com
Website: www.bizwitresearch.com
