The global artificial urinary sphincter market is expected to be worth US$ 441.7 million in 2022, rising at a 5.2% CAGR to be worth US$ 769.2 million by 2032. The increasing use of lactic acid in end-user industries is attributed to growth. The lactic acid market grew at a 4.5% CAGR between 2016 and 2021.
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Urinary sphincters are two muscles that control the passage of urine through the urethra in the urinary bladder. These muscles are essential for urine retention and release. These two muscles are known as the external and internal urethral sphincters. When one of the muscles contracts, the urethra closes, preventing urine from passing.
An artificial urinary sphincter is a device made of silicone rubber that is used to treat urinary incontinence. The urinary sphincter is a muscle that regulates the flow of urine through the bladder. The artificial urinary sphincter (AUS) is most commonly used in men to control the flow of urine.
It is intended to supplement the natural urinary sphincter’s function of restricting urine flow out of the bladder. An artificial urinary sphincter is a fluid-filled, solid silicone elastomer implant. The artificial urinary sphincter is a popular treatment for male stress urinary incontinence because it provides discrete bladder control.
Market Competition
Boston Scientific Corporation, RBM – Reinhard Becker Medizinprodukte, ZSI, Zephyr Surgical Implants, Silimed Medical Devices, GT Urological LLC, and others are key players in the global artificial urinary sphincter market.
Because of the large number of participants, the market is extremely competitive. While global players such as Boston Scientific Corporation and RBM – Reinhard Becker Medizinprodukte account for a sizable share of the market, several regional players are also active in key growth regions, particularly Asia Pacific.
- In May 2021- ZSI announced a metoidioplasty with penile implant ZSI 100 D4 was performed by Dr. Madec and Dr. Vidart in Foch hospital, in France. The surgery went very well, and both surgeons are very satisfied with the implants.
- In June 2022- Boston Scientific Corporation announced that it has entered into a definitive agreement with Synergy Innovation Co., Ltd, to purchase its majority stake (approximately 64 percent) of M.I.Tech Co., Ltd, (“M.I.Tech”) a publicly traded Korean manufacturer and distributor of medical devices for endoscopic and urologic procedures.
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On the basis of end user, the global Artificial Urinary Sphincter market study contains:
- Hospitals
- Clinics
- Academic and Research Institutes
On the basis of Region, the global Artificial Urinary Sphincter market report covers the key segments, such as
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest Of Latin America)
- Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia, Rest Of Eastern Europe)
- Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC countries, S. Africa, N. Africa, Rest of MEA)
What key insights does the Artificial Urinary Sphincter market research provide?
- Historical and current year revenue of related Artificial Urinary Sphincter market players analyzed at the regional level.
- One by one company profile of prominent stakeholders.
- Analysis of the Artificial Urinary Sphincter market size on the basis of product type and end-use type.
- Accurate Artificial Urinary Sphincter market forecast in terms of value and volume in numbers and percentages.
- Demand prospect of each segment covered in the report.
The Artificial Urinary Sphincter market research gets rid of the following queries:
- How the market for Artificial Urinary Sphincter is expected to shape in the coming ten years?
- What strategies are the Artificial Urinary Sphincter market vendors implementing to stay ahead of their rivals?
- Why are consumers shifting towards alternative Artificial Urinary Sphincter products?
- What innovative technologies are the Artificial Urinary Sphincter players using to get an edge over their rivals?
- What are the restraints affecting the growth of the global Artificial Urinary Sphincter market?
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