According to a market report by Lucintel, the future of the global erectile dysfunction device market looks promising with opportunities in the hospital & ASC and clinic markets. The global erectile dysfunction device market is expected to reach an estimated $2.9 billion by 2030from $1.8 billion in 2024, at a CAGR of 8.3% from 2024 to 2030. The major drivers for this market are increasing prevalence of prostate cancer, growing demand for user friendly ED devices, and rising cases of erectile dysfunctional caused by chronic disease or aging.
A more than 150-page report to understand trends, opportunity and forecast in erectile dysfunction device market to 2030 by age group (less than 40 years, 40-60 years, and more than 60 years), product type (vacuum constriction devices, penile implants, shockwave therapy, and others), cause (vascular disorders and diabetes, neurological disorders, and others), end use (hospitals and ASCs and clinics), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that more than 60 years is expected to witness highest growth over the forecast period due to growing demand for erectile dysfunction devices among patients of this age range suffering from age-related prostate cancer and CVDs.
Clinic will remain the largest segment due to growing demand for erectile dysfunction devices in this setting by healthcare professionals to treat individuals suffering from prostate cancer or erectile dysfunction issues.
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North America is expected to witness highest growth over the forecast period due to significant availibility of high-tech devices and presence of well established healthcare system in this region.
Boston Scientific, Rigicon, Coloplast, Promedon, Sanofi, Bayer, Zephyr Surgical Implants are the major suppliers in the erectile dysfunction device market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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