UK & Ireland Penile Implantable Market is Anticipated to Gain Moderate CAGR by 2026 | Global Forecasts Study
The UK & Ireland Penile Implantable Market was estimated to be valued at USD 2,279.56 million in 2018 and is projected to reach USD 3,039.25 million by 2026, at a CAGR of 3.7% during 2019 to 2026. Penile implants are prosthetic devices which are most commonly utilized by individuals suffering from Erectile Dysfunction (ED). Penile implant surgery comprises of placing a prosthesis device inside the scrotum and penis.
The key factors driving the growth of the UK and Ireland penile implants market are rising incidence of erectile dysfunction as well as the growing awareness regarding implant products & procedures. However, post-surgical infections are one of the major restraints impeding the growth of the market. Moreover, innovations in penile prosthesis devices can create many lucrative opportunities for the key players operating in the market.
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These enterprises are focusing on growth strategies, such as new product launches, expansions, acquisitions, and agreements & partnerships to expand their operations across the globe.
Key Benefits of the Report:
* Country, type, end user and market size and their forecast from 2015-2026
* Identification and detailed analysis on key market dynamics, such as, drivers, restraints, opportunities, and challenges influencing growth of the market
* Detailed analysis on industry outlook with market specific PESTLE, and supply chain to better understand the market and build expansion strategies
* Identification of key market players and comprehensively analyze their market share and core competencies, detailed financial positions, key products, and unique selling points
* Analysis on key players’ strategic initiatives and competitive developments, such as joint ventures, mergers, and new product launches in the market
* Expert interviews and their insights on market shift, current and future outlook, and factors impacting vendors’ short term and long term strategies
* Detailed insights on emerging regions type, end user and options with qualitative and quantitative information and facts
Target Audience:
* Penile Implantable Product Manufacturers
* Traders, Importers, and Exporters
* Raw Material Suppliers and Distributors
* Research and Consulting Firms
* Government and Research Organizations
* Associations and Industry Bodies
The five-year forecast view shows how the market is expected to grow in coming years.
All vital Global UK & Ireland Penile Implantable Industry verticals are presented in this study like Product Type, Applications and Geographical Regions.
Key players in global UK & Ireland Penile Implantable market include:
* Coloplast Corporation
* Promedon
* Boston Scientific Corporation
* Zephyr Surgical Implants
No of Pages: 121
Research Methodology:
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as, analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data sources, such as, white papers, government and regulatory published articles, technical journals, trade magazines, and paid data sources.
On the basis of type, the market is split into:
* Malleable Penile Implants
* Inflatable Penile Implants
On the basis of end user, the market is split into:
* Hospitals
* Surgical Institutions
For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, consumer behavior, and end use trends and dynamics, and production capacity were taken into consideration. Different weightages have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.
The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs), which typically include:
* Manufacturers
* Suppliers
* Distributors
* Government Body & Associations
* Research Institutes
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