Artificial Urinary Sphincters Market

Artificial Urinary Sphincters Market Size:

The global artificial urinary sphincters market size reached US$ 458.3 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 788.2 Million by 2032, exhibiting a growth rate (CAGR) of 6.2% during 2024-2032. The market is driven by the rising prevalence of urinary incontinence, growing geriatric population, increasing healthcare expenditure and improved insurance coverage, rapid advancements in medical technology, heightened awareness and acceptance of surgical treatments, and the burgeoning focus on quality-of-life improvements.

Artificial Urinary Sphincters Market Analysis:

• Major Market Drivers: The rise in the prevalence of urinary incontinence has increased the demand for reliable and efficient treatment options. Additionally, the artificial urinary sphincter (AUS) industry report has highlighted that the higher healthcare spending and improved insurance coverage, which make these devices more accessible and inexpensive, are expanding the reach of this market.
• Key Market Trends: The growing emphasis on enhancing the quality of life of patients is driving the adoption of AUS devices, which help restore normalcy and reduce the psychological and social effects of urinary incontinence. Furthermore, the use of smart AUS systems with remote monitoring and control capabilities is boosting the demand for these devices.
• Geographical Trends: North America is leading this market owing to its sophisticated healthcare infrastructure, high awareness levels, and the strong presence of major industry participants. Other regions are also experiencing growth as a result of increased healthcare investments, rising urinary incontinence rates, and improved healthcare access.
• Competitive Landscape: Some of the major market players in the artificial urinary sphincters industry include Boston Scientific Inc., Coloplast A/S, Promedon GmbH, UroMems, Zephyr Surgical Implants, among many others.
• Challenges and Opportunities: The high costs of AUS devices and procedures, probable complications, the need for adjustments, and a lack of knowledge in some regions are challenges that affect this market. However, regulatory approvals, enhanced patient education and support programs, and continuous technological improvements that will boost device performance and patient outcomes, presents considerable growth opportunities for market expansion.
   

Artificial Urinary Sphincters Market Trends:

Increasing Prevalence of Urinary Incontinence

There is a rise in the artificial urinary sphincters demand due to the increasing prevalence of urinary incontinence among individuals across the globe. This complication affects up to 10% of Australian men and up to 38% of Australian women. Besides this, according to the National Library of Medicine (NLM), it approximately affects 13 million Americans. This surge in urinary incontinence issues is primarily due to factors like lifestyle changes, the growing geriatric populace, and the rising incidence of chronic health conditions. Along with this, obesity and sedentary habits are also known to cause the occurrence of this condition among people of different age groups. This growing health concern has led to an increased demand for effective treatment options, such as artificial urinary sphincter (AUS) devices.

Growing Geriatric Population

The geriatric population is at a higher risk of developing urinary incontinence due to factors such as weakened pelvic floor muscles, prostate issues in men, and hormonal changes in women. It is estimated by the World Health Organization (WHO) that by 2050, the number of people aged 60 years and older will double, reaching around 2 billion. This demographic shift is expected to result in a higher incidence of urinary incontinence, thereby driving the demand for AUS devices. Furthermore, it has been found that in the U.S., 11% to 34% of geriatric men report urinary incontinence, and 2% to 11% of those individuals experience incontinence on a regular basis. AUS offers an effective and durable solution for patients who have weakened or damaged natural urinary sphincters. In line with this, they assist in improving the quality of life and managing the disease efficiently.

Rising Healthcare Expenditure and Improved Insurance Coverage

Several countries across the globe are allocating more resources to healthcare, which is creating a positive outlook for the artificial urinary sphincter market growth. For example, in 2022, Europe's general government spending on health was €1221 billion, or 7.7% of GDP. Similarly, India's public spending on healthcare was 2.1% of GDP in FY23 and 2.2% in FY22. This expansion makes it easier to develop and implement novel treatments like AUS in the healthcare system. Furthermore, the availability of advantageous insurance coverage and reimbursement programs that lessen patients' financial burdens encourages patients to consider AUS as a treatment choice. For instance, in the year 2022, 92.1 percent of people, or 304.0 million in the U.S., had health insurance at some point during the year, as per the U.S. Census Bureau, which increased the demand and use of AUS devices.

Artificial Urinary Sphincters Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on type, gender, and end user.

Breakup by Type:

• InVance Male Suburethral Sling 
• AdVance Male Suburethral Sling
• Virtue Male Sling 
• AMS800 
   

AMS800 accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the type. This includes inVance male suburethral sling, adVance male suburethral sling, virtue male sling, and AMS800. According to the report, AMS800 represented the largest segment.

As per the artificial urinary sphincters market outlook and forecast, the AMS800 segment represented the largest market share due to its longstanding presence, proven efficacy, and widespread adoption in the medical community. Moreover, it is renowned for its reliability and success in treating severe urinary incontinence, particularly in male patients' post-prostate surgery. Besides this, its design includes a pressure-regulating balloon, cuff, and pump, which provides effective control over urinary function, thereby improving patients' quality of life. Additionally, the continuous improvements and a strong track record of patient outcomes that make it the preferred choice for many urologists and patients are strengthening the artificial urinary sphincters market value.

Breakup by Gender:

• Female 
• Male 
   

Male holds the largest share of the industry

A detailed breakup and analysis of the market based on the gender have also been provided in the report. This includes female and male. According to the report, male accounted for the largest market share.

Based on the artificial urinary sphincters market overview and analysis, the male segment accounted for the largest market share, driven by the high incidence of urinary incontinence among men. Additionally, they are more prone to severe forms of urinary incontinence due to factors like prostate issues and surgical interventions that affect the urinary sphincter. Along with this, the development of AMS800 and other AUS devices to address the unique anatomical and physiological challenges in men, thereby offering effective relief and significant quality-of-life improvements, is fueling the artificial urinary sphincter market revenue.

Breakup by End User:

• Ambulatory Surgical Center
• Home Care Settings 
• Hospitals 
   

Hospitals represents the leading market segment 

The report has provided a detailed breakup and analysis of the market based on the end user. This includes ambulatory surgical center, home care settings, and hospitals. According to the report, hospitals represented the largest segment.

According to the artificial urinary sphincters market segmentation and research report, hospitals constituted the largest market share, driven by the advanced medical infrastructure, availability of specialized urological expertise, and the comprehensive post-operative care that they provide. Moreover, they are the primary centers for performing AUS implantation surgeries, as they are equipped with the necessary surgical facilities and have multidisciplinary teams that can handle the complexities of such procedures. Along with this, the presence of experienced surgeons, advanced diagnostic tools, and state-of-the-art surgical equipment in hospitals, thus ensuring higher success rates and better patient outcomes, is acting as a growth-promoting factor for the artificial urinary sphincters market share.

Breakup by Region:

• North America
  • United States
  • Canada
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Others
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

North America leads the market, accounting for the largest artificial urinary sphincters market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America represents the largest regional market for artificial urinary sphincters.

Based on the artificial urinary sphincters market report and trends, North America accounted for the largest segment due to its advanced healthcare infrastructure, high prevalence of urinary incontinence, and strong presence of key market players. Moreover, the well-established healthcare system that provides widespread access to innovative medical technologies and specialized surgical procedures is catalyzing the market growth. Besides this, the high awareness levels and acceptance of AUS among patients and healthcare providers are driving the market growth. Additionally, the presence of leading manufacturers and the availability of skilled urologists is supporting the artificial urinary sphincters market size.

Competitive Landscape:

• The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the artificial urinary sphincters industry include Boston Scientific Inc., Coloplast A/S, Promedon GmbH, UroMems, Zephyr Surgical Implants, etc.
  
  (Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
   
• The major artificial urinary sphincters (AUS) companies are focusing on several strategic initiatives to strengthen their market position and drive growth. They are investing in research and development (R&D) to innovate and improve the design and functionality of AUS devices, thus ensuring better patient outcomes and enhanced durability. Key players are also expanding their product portfolios through acquisitions and collaborations to broaden their technological capabilities and market reach. Additionally, they are engaged in educational programs and awareness campaigns to inform healthcare professionals and patients about the benefits of AUS devices.

Artificial Urinary Sphincters Market News:

• In June 2024, UroMems announced that it has raised $47 million in Series C investment to fund large-scale pivotal clinical trials of the UroActive implant, which is the first smart automated implant for stress urinary incontinence (SUI).
• In March 2024, Zephyr Surgical Implants announced the company had achieved a milestone in treating severe male incontinence in India by successfully implanting the ZSI 375 PF artificial urinary sphincter on a patient. This medical breakthrough marks a beacon of hope for countless men across India, bringing them a step closer to regaining control over their lives and dignity.

Artificial Urinary Sphincters Market Report Scope:

Key Questions Answered in This Report:

• How has the global artificial urinary sphincters market performed so far, and how will it perform in the coming years?
• What are the drivers, restraints, and opportunities in the global artificial urinary sphincters market?
• What is the impact of each driver, restraint, and opportunity on the global artificial urinary sphincters market?
• What are the key regional markets?
• Which countries represent the most attractive artificial urinary sphincters market?
• What is the breakup of the market based on the type?
• Which is the most attractive type in the artificial urinary sphincters market?
• What is the breakup of the market based on the gender?
• Which is the most attractive gender in the artificial urinary sphincters market?
• What is the breakup of the market based on the end user?
• Which is the most attractive end user in the artificial urinary sphincters market?
• What is the competitive structure of the market?
• Who are the key players/companies in the global artificial urinary sphincters market?

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the artificial urinary sphincters market from 2018-2032.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the global artificial urinary sphincters market.
• The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
• Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the artificial urinary sphincters industry and its attractiveness.
• The competitive landscape allows stakeholders to understand their competitive environment and provides insight into the current positions of key players in the market.