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Research and Markets - Global Urinary Slings Market to Grow at a CAGR of 10.12% by 2021 - Key Vendors are C. R. Bard, Boston Scientific, American Medical Systems & Coloplast
 
(May 16, 2017)

DUBLIN, May 16, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Urinary Slings Market 2017-2021" report to their offering.

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The global urinary slings market to grow at a CAGR of 10.12% during the period 2017-2021.


The report, Global Urinary Slings Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

One trend in market is improving reimbursement policies. Urinary incontinence care management products are generally costly, requiring patients to spend substantially on its treatment. This can be an economic burden, as many insurance policies do not cover such products. Globally, countries are framing reimbursement policies for urinary sling procedures. For example, developed countries, such as the US, provide insurance cover for these products that is likely to create more demand for urinary slings as more people will be able to afford urinary sling surgeries. Over the past few years, there has been a favorable upgrade in Medicare (the official website of the US Government for medical health-related information) reimbursement in the US. Medicare pays physicians for services based on the submission of a claim using one or more specific Current Procedural Terminology (CPT) codes. Each CPT code has a Relative Value Unit (RVU) assigned to it, which when multiplied by the conversion factor and a geographical adjustment creates the compensation rate for a particular service.

According to the report, one driver in market is rise in geriatric population. A rising concern worldwide is the aging population in major countries, such as Japan, South Korea, China, Germany, and the US. An aging population means an increase in the number of people suffering from a wide range of chronic diseases, some that cause urinary incontinence. With an increase in aging population, there is also an increase in the number of urinary incontinence cases that requires proper treatment, such as urinary sling surgeries, and this provides a massive opportunity for the vendors in the market. The global adult incontinence market has grown by over 40% in the last five years, which propels the demand for developing innovative urinary slings that can ease the handling of the medical condition faced by the elderly population.

Key vendors

  • C. R. Bard
  • Boston Scientific
  • American Medical Systems
  • Coloplast

Other prominent vendors

  • Caldera Medical
  • Cook Medical
  • Ethicon US
  • ProSurg
  • Sofradim
  • Cogentix Medical

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by product

PART 07: Geographical segmentation

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

PART 14: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/xbb73p/global_urinary

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Laura Wood, Senior Manager
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/research-and-markets---global-urinary-slings-market-to-grow-at-a-cagr-of-1012-by-2021---key-vendors-are-c-r-bard-boston-scientific-american-medical-systems--coloplast-300458335.html

SOURCE Research and Markets

Copyright 2014 PR Newswire. All Rights Reserved


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