Global Penile Implants or Penile Prosthesis Market by Types (Inflatable Devices and Semirigid Devices), Applications (Hospitals and Non-hospitals), and Regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The global penile implants or penile prosthesis market is anticipated to expand at a CAGR of 4.6 % during the forecast period, 2021 – 2028. Erectile dysfunction (ED) is often a symptom of another ailment such as renal diseases, liver disorders, atherosclerosis vascular conditions, and diabetes. Rising incidences of ED and these ailments is boosting the market.
Penile prostheses, also known as penile implants, are used to treat ED. Penile implant is a medical device used for treatment of male sexual conditions such as erectile dysfunction, premature ejaculation, treatment resistance impotence, and penile diseases. During the surgery, an inflatable or flexible rod is placed inside the penis. An inflatable rod is affixed with a device that fills it with a saline solution with the help of a pump that is hidden in the scrotum. When the user presses on the pump, the saline solution travels to the device and inflates it, giving him an erection.
Men who have tried non-surgical ED treatments undergo penile implants or penile prosthesis. Increasing demand for surgical treatments of ED with penile implants include procedures, which are less traumatic and facilitate quick recovery. These surgeries are performed in ambulatory surgical centers, due to high patient satisfaction and cost-effectiveness.
Market Trends, Drivers, Restraints, and Opportunities:
- Increasing incidences of ED and rising awareness about penile diseases and advanced products and procedures are expected to boost the market in the near future.
- Growing awareness about cost-effectiveness, minimal recovery time, and high rate of patient satisfaction are expected to boost the penile implants or penile prosthesis market.
- Changing lifestyle habits with work-related stress and high consumption of alcohol and tobacco are key factors driving the market in the coming years.
- Growing awareness about the side-effects of implants, increased risks of bleeding and infection, chances of mechanical failure, stringent regulations, and availability of alternative treatment are likely to hinder the penile implants or penile prosthesis market during the forecast period.
- Rising technological advancements, growing adoption of minimally invasive surgeries (MIS), and growing disposable income are creating opportunities in the market.
Scope of Penile Implants Or Penile Prosthesis Market Report
The report on the global penile implants or penile prosthesis market research report includes an assessment of the market, trends, segments, and regional markets.
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Attributes |
Details |
|
Report Title |
Penile Implants or Penile Prosthesis Market- Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
|
Forecast Period |
2021–2028 |
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Segmentation |
Types (Inflatable Devices and Semirigid Devices), Applications (Hospitals and Non-hospitals) |
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Regional Scope |
North America, Latin America, Europe, Asia Pacific, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Trends, and Revenue Forecast |
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Key Players Covered in the Report |
American Medical Systems (Boston Scientific), Coloplast, Silimed, Giant Medical, Eska Medical, Promedon, and Zephyr Surgical Implants |
Penile Implants Or Penile Prosthesis Market Segment Insights
Inflatable device segment accounts for a considerable market share
Based on types, the market is segmented into inflatable devices and semi-rigid devices. The inflatable penile implant segment held a large share of the market in 2020 and is expected to grow at a rapid pace during the forecast period. Companies developing inflatable penile implants are developing products to reduce the rate of malfunction, decrease susceptibility to infections, and increase patient satisfaction, which in turn, is fueling the segment.
Furthermore, the demand for inflatable devices is increasing, as they are highly durable and reduce susceptibility to infections. Companies are developing inflatable penile implants, which are less costly, durable, and flexible, which in turn, is fueling the segment.
Hospital segment dominates the market
On the basis of applications, the penile implants or penile prosthesis market is bifurcated into hospitals and non-hospitals. The hospital segment accounted for a market share of around 60% in 2020. Increasing number of inflatable penile prosthesis procedures being conducted in inpatient or outpatient facilities at hospitals drives the segment. Hospitals are equipped with technologically advanced devices and adopt MIS. Hence, they are preferred by patients, thus propelling the segment.
North America holds a major market share
In terms of regions, the global penile implants or penile prosthesis market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America constituted a dominant share of the global market. Growing demand for surgical treatment options for extended sex life, availability of highly advanced equipment and skilled urologists in the region, rising preference for outpatient settings for MIS procedures, and supportive framework for medical treatments are some factors boosting the market in the region.
The penile implants or penile prosthesis market in Asia Pacific is expected to expand at a high CAGR, due to growing awareness regarding penile procedures, increasing population of people suffering from ED, and availability of advanced tools and equipment in many countries.
Segments
The global penile implants or penile prosthesis market has been segmented on the basis of
Types
- Inflatable Devices
- Semi-rigid Devices
Applications
- Hospitals
- Non-hospital
Regions
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Players
- American Medical Systems (Boston Scientific)
- Coloplast
- Silimed
- Giant Medical
- Eska Medical
- Promedon
- Zephyr Surgical Implants
Competitive Landscape
Key players operating in the global penile implants or penile prosthesis market include American Medical Systems (Boston Scientific), Coloplast, Silimed, Giant Medical, Eska Medical, Promedon, and Zephyr Surgical Implants.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Penile Implants or Penile Prosthesis Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Penile Implants or Penile Prosthesis Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Penile Implants or Penile Prosthesis Market - Supply Chain
4.5. Global Penile Implants or Penile Prosthesis Market Forecast
4.5.1. Penile Implants or Penile Prosthesis Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Penile Implants or Penile Prosthesis Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Penile Implants or Penile Prosthesis Market Absolute $ Opportunity
5. Global Penile Implants or Penile Prosthesis Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Penile Implants or Penile Prosthesis Market Size and Volume Forecast by Types
5.3.1. Inflatable Devices
5.3.2. Semi-rigid Devices
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Penile Implants or Penile Prosthesis Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Penile Implants or Penile Prosthesis Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Penile Implants or Penile Prosthesis Demand Share Forecast, 2019-2026
7. North America Penile Implants or Penile Prosthesis Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Penile Implants or Penile Prosthesis Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Penile Implants or Penile Prosthesis Market Size and Volume Forecast by Types
7.4.1. Inflatable Devices
7.4.2. Semi-rigid Devices
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Penile Implants or Penile Prosthesis Demand Share Forecast, 2019-2026
8. Latin America Penile Implants or Penile Prosthesis Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Penile Implants or Penile Prosthesis Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Penile Implants or Penile Prosthesis Market Size and Volume Forecast by Types
8.4.1. Inflatable Devices
8.4.2. Semi-rigid Devices
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Penile Implants or Penile Prosthesis Demand Share Forecast, 2019-2026
9. Europe Penile Implants or Penile Prosthesis Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Penile Implants or Penile Prosthesis Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Penile Implants or Penile Prosthesis Market Size and Volume Forecast by Types
9.4.1. Inflatable Devices
9.4.2. Semi-rigid Devices
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Penile Implants or Penile Prosthesis Demand Share Forecast, 2019-2026
10. Asia Pacific Penile Implants or Penile Prosthesis Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Penile Implants or Penile Prosthesis Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Penile Implants or Penile Prosthesis Market Size and Volume Forecast by Types
10.4.1. Inflatable Devices
10.4.2. Semi-rigid Devices
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Penile Implants or Penile Prosthesis Demand Share Forecast, 2019-2026
11. Middle East & Africa Penile Implants or Penile Prosthesis Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Penile Implants or Penile Prosthesis Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Penile Implants or Penile Prosthesis Market Size and Volume Forecast by Types
11.4.1. Inflatable Devices
11.4.2. Semi-rigid Devices
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Penile Implants or Penile Prosthesis Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Penile Implants or Penile Prosthesis Market: Market Share Analysis
12.2. Penile Implants or Penile Prosthesis Distributors and Customers
12.3. Penile Implants or Penile Prosthesis Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. American Medical Systems (Boston Scientific)
12.4.2. Coloplast
12.4.3. Silimed
12.4.4. Giant Medical
12.4.5. Eska Medical
12.4.6. Promedon
12.4.7. Zephyr Surgical Implants
2. Assumptions and Acronyms Used
3. Research Methodology
4. Penile Implants or Penile Prosthesis Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Penile Implants or Penile Prosthesis Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Penile Implants or Penile Prosthesis Market - Supply Chain
4.5. Global Penile Implants or Penile Prosthesis Market Forecast
4.5.1. Penile Implants or Penile Prosthesis Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Penile Implants or Penile Prosthesis Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Penile Implants or Penile Prosthesis Market Absolute $ Opportunity
5. Global Penile Implants or Penile Prosthesis Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Penile Implants or Penile Prosthesis Market Size and Volume Forecast by Types
5.3.1. Inflatable Devices
5.3.2. Semi-rigid Devices
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Penile Implants or Penile Prosthesis Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Penile Implants or Penile Prosthesis Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Penile Implants or Penile Prosthesis Demand Share Forecast, 2019-2026
7. North America Penile Implants or Penile Prosthesis Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Penile Implants or Penile Prosthesis Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Penile Implants or Penile Prosthesis Market Size and Volume Forecast by Types
7.4.1. Inflatable Devices
7.4.2. Semi-rigid Devices
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Penile Implants or Penile Prosthesis Demand Share Forecast, 2019-2026
8. Latin America Penile Implants or Penile Prosthesis Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Penile Implants or Penile Prosthesis Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Penile Implants or Penile Prosthesis Market Size and Volume Forecast by Types
8.4.1. Inflatable Devices
8.4.2. Semi-rigid Devices
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Penile Implants or Penile Prosthesis Demand Share Forecast, 2019-2026
9. Europe Penile Implants or Penile Prosthesis Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Penile Implants or Penile Prosthesis Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Penile Implants or Penile Prosthesis Market Size and Volume Forecast by Types
9.4.1. Inflatable Devices
9.4.2. Semi-rigid Devices
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Penile Implants or Penile Prosthesis Demand Share Forecast, 2019-2026
10. Asia Pacific Penile Implants or Penile Prosthesis Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Penile Implants or Penile Prosthesis Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Penile Implants or Penile Prosthesis Market Size and Volume Forecast by Types
10.4.1. Inflatable Devices
10.4.2. Semi-rigid Devices
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Penile Implants or Penile Prosthesis Demand Share Forecast, 2019-2026
11. Middle East & Africa Penile Implants or Penile Prosthesis Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Penile Implants or Penile Prosthesis Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Penile Implants or Penile Prosthesis Market Size and Volume Forecast by Types
11.4.1. Inflatable Devices
11.4.2. Semi-rigid Devices
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Penile Implants or Penile Prosthesis Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Penile Implants or Penile Prosthesis Market: Market Share Analysis
12.2. Penile Implants or Penile Prosthesis Distributors and Customers
12.3. Penile Implants or Penile Prosthesis Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. American Medical Systems (Boston Scientific)
12.4.2. Coloplast
12.4.3. Silimed
12.4.4. Giant Medical
12.4.5. Eska Medical
12.4.6. Promedon
12.4.7. Zephyr Surgical Implants
The global penile implants or penile prosthesis market has been segmented on the basis of
Types
- Inflatable Devices
- Semi-rigid Devices
Applications
- Hospitals
- Non-hospital
Regions
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Players
- American Medical Systems (Boston Scientific)
- Coloplast
- Silimed
- Giant Medical
- Eska Medical
- Promedon
- Zephyr Surgical Implants
Key players operating in the global penile implants or penile prosthesis market include American Medical Systems (Boston Scientific), Coloplast, Silimed, Giant Medical, Eska Medical, Promedon, and Zephyr Surgical Implants.
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