PUBLISHER: Grand View Research | PRODUCT CODE: 1363427
PUBLISHER: Grand View Research | PRODUCT CODE: 1363427
The global male artificial urinary sphincter market size is anticipated to reach USD 379.55 million by 2030, advancing at a CAGR of 6.40% from 2023 to 2030 , according to a new report by Grand View Research, Inc.. The primary driving factors in the market growth for male artificial urinary sphincters are the increasing prevalence of urinary incontinence, the growing geriatric population in developed countries, and technological advancements in surgical procedures.
One of the main factors influencing the market for male artificial urinary sphincters is the increasing commonness of urinary incontinence in men caused by urological disorders. As per Phoenix Physical Therapy, more than 25 million adults in North America suffer from urinary incontinence. UI significantly negatively impacts the quality of life, leading to limitations in daily activities and participation. Men with urinary incontinence are more prone to experience depression and decreased activity levels, resulting in adjustments to their working hours, job changes, or even early retirement. Furthermore, men may experience greater emotional and social challenges related to UI than women, fueling the demand for preventive measures such as the implantation of AUS devices.
Urinary incontinence is a major health issue that has a significant economic and social impact. Growth in the male urinary incontinence market is driven by the growing prevalence of urological disorders such as benign prostatic hyperplasia, cystitis, urinary incontinence, urinary retention, and kidney stones, which lead to bladder dysfunction. There are several factors that can cause incontinence in men. One common cause is an enlarged prostate gland, that can cause benign prostate hyperplasia - an age-related condition where the prostate grows. Another potential cause is prostatitis, which is inflammation of the prostate gland. In addition to these two factors, incontinence can result from nerve and muscle damage associated with surgery.
The market is also significantly impacted by the increase in the aging population across developed regions, including Europe, North America, and parts of Asia Pacific. In the U.S., UI has become very common in men, especially the elderly population, and is estimated to have a financial cost of more than USD 10 billion annually since 2015.