Vaginal pessary refers to a medical device that is inserted into the vagina to support pelvic organs. Pessaries come in varied shapes and sizes to suit each woman's individual needs. They are flexible and made of medical-grade silicone or latex rubber. Pessaries are a non-invasive treatment option for pelvic organ prolapse or stress urinary incontinence. With growing awareness about non-surgical treatment options and better options for women experiencing pelvic floor disorders, the demand for pessaries is increasing steadily. The Global Vaginal Pessary Market is estimated to be valued at US$ 411.68 Mn in 2024 and is expected to exhibit a CAGR of 8.3% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the vaginal pessary market are Arakawa Chemical Industries, Eastman Chemical Company, Exxon Mobil Corporation, Ltd., Kolon Industries, Inc., Lesco Chemical Limited, Zeon Corporation, Seacon Corporation, Neville Chemical Company, Total Cray Valley, and Anglxxon Chemical Co., Ltd. These players are focusing on developing innovative product designs and employing advanced materials to manufacture comfortable yet effective pessaries.
The rising prevalence of pelvic floor disorders among women owing to lifestyle changes, obesity, pregnancy and ageing is a major factor driving the demand for Vaginal Pessary Market Size. Various awareness campaigns conducted by governments and medical organizations regarding treatment options are also boosting the adoption of pessaries.
Technological advancements in materials for manufacturing pessaries have resulted in greater comfort, flexibility and effectiveness of devices. Companies are developing patient-centric designs, antimicrobial coatings and biodegradable materials to provide improved solutions for incontinence and prolapse management.
Market Trends
The growing popularity of silicone pessaries due to properties like flexibility, comfort and hypoallergenic nature is a key trend in the market. Most women prefer silicone over latex or plastic materials. Custom-fit silicone pessaries tailored as per a patient's individual pelvic anatomy are gaining traction.
Telehealth is another emerging trend allowing remote support to women using pessaries. Through virtual consultations, physicians can guide patients on fitting, care and usage of devices. This improves treatment outcomes and compliance.
Market Opportunities
The rising geriatric female population vulnerable to pelvic floor disorders in developing nations provides lucrative opportunities for players. Favorable regulatory environment and increasing focus on women's health issues will aid the adoption of pessaries in emerging Asian and Latin American markets.
Developing multi-functional pessaries capable of treating both urinary incontinence and organ prolapse with a single device can further expand the application scope. Innovation in biomaterials, shapes and self-care features of pessaries will strengthen market position of companies.
Impact of COVID-19 on Vaginal Pessary Market
The COVID-19 pandemic has significantly impacted the vaginal pessary market growth. During the initial lockdown phase across countries, elective surgeries were postponed to focus more on COVID-19 patients. This led to a decline in the number of pessary prescriptions and procedures. Many gynecological clinics and hospitals also witnessed a drop in patient visits due to fear of virus spread. However, as restrictions are eased now, the market is recovering gradually. Telehealth services also helped physicians to remotely consult and examine patients, thereby supporting the market to some extent. Going forward, strict safety protocols are being followed at healthcare facilities to minimize infection risk. meanwhile, companies are focusing on strengthening their online channels and raising awareness about treatment importance to boost the market in the long run.
Geographical Regions with Highest Value Share in Vaginal Pessary Market
North America region currently holds the highest share in terms of value in the global vaginal pessary market. This is majorly attributed to factors such as rising prevalence of pelvic organ prolapse conditions among women, availability of advanced treatment options, growing health awareness and favorable reimbursement policies. Meanwhile, Asia Pacific region is expected grow at the fastest rate during the forecast period owing to huge patient population, improving access to healthcare facilities especially in emerging countries like India and China, increased health expenditures etc. Focus on women's health issues is also rising in various Asian countries which will further support regional market growth.
Fastest Growing Region for Vaginal Pessary Market
Asia Pacific region is poised to emerge as the fastest growing region for the vaginal pessary market during the forecast period from 2024 to 2031. A few key factors contributing to this include rapid urbanization, rising living standards, growing women population, increasing geriatric population prone to pelvic organ prolapse conditions and expanding medical tourism industry. Presence of developing economies with huge population like China and India provides huge business potential. Moreover, improving healthcare infrastructure along with rising medical expenditures especially by private players in Asia Pacific countries will augment regional market demand. Local companies are also focusing on new product launches and partnerships with global vendors to penetrate fast expanding vaginal pessary market of Asia Pacific region.
Get more insights on : Vaginal Pessary Market
