Erectile Dysfunction Device Trends and Forecast
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 2030 with 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 is developed to help in your business decisions. Sample figures with some insights are shown below.
Erectile Dysfunction Device by Segment
The study includes a forecast for the global erectile dysfunction device by age group, product type, cause, end use, and region.
Erectile Dysfunction Device Market by Age Group [Shipment Analysis by Value from 2018 to 2030]:
• Less than 40 Years
• 40-60 Years
• More than 60 Years
Erectile Dysfunction Device Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Vacuum Constriction Devices
• Penile Implants
• Shockwave Therapy
• Others
Erectile Dysfunction Device Market by Cause [Shipment Analysis by Value from 2018 to 2030]:
• Vascular Disorders and Diabetes
• Neurological Disorders
• Others
Erectile Dysfunction Device Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Hospitals and ASCs
• Clinics
Erectile Dysfunction Device Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Erectile Dysfunction Device Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies erectile dysfunction device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the erectile dysfunction device companies profiled in this report include-
• Boston Scientific
• Rigicon
• Coloplast
• Promedon
• Sanofi
• Bayer
• Zephyr Surgical Implants
Erectile Dysfunction Device Market Insights
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.
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.
Features of the Global Erectile Dysfunction Device Market
Market Size Estimates: Erectile dysfunction device market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Erectile dysfunction device market by various segments, such as by age group, product type, cause, end use and region in terms of($B).
Regional Analysis: Erectile dysfunction device market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different age groups, product types, causes, end uses, and regions for the erectile dysfunction device market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the erectile dysfunction device market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the erectile dysfunction device market size?
Answer: The global erectile dysfunction device market is expected to reach an estimated $2.9 billion by 2030.
Q.2 What is the growth forecast for erectile dysfunction device market?
Answer: The global erectile dysfunction device market is expected to grow with a CAGR of 8.3% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the erectile dysfunction device market?
Answer: 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.
Q4. What are the major segments for erectile dysfunction device market?
Answer: The future of the erectile dysfunction device market looks promising with opportunities in the hospital & ASC and clinic markets.
Q5. Who are the key erectile dysfunction device market companies?
Answer: Some of the key erectile dysfunction device companies are as follows:
• Boston Scientific
• Rigicon
• Coloplast
• Promedon
• Sanofi
• Bayer
• Zephyr Surgical Implants
Q6. Which erectile dysfunction device market segment will be the largest in future?
Answer: 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.
Q7. In erectile dysfunction device market, which region is expected to be the largest in next 5 years?
Answer: 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.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the erectile dysfunction device market 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)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Erectile Dysfunction Device Market, Erectile Dysfunction Device Market Size, Erectile Dysfunction Device Market Growth, Erectile Dysfunction Device Market Analysis, Erectile Dysfunction Device Market Report, Erectile Dysfunction Device Market Share, Erectile Dysfunction Device Market Trends, Erectile Dysfunction Device Market Forecast, Erectile Dysfunction Device Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.