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Urinary Incontinence Rates Increase Worldwide As Awareness Grows About Treatment Options: Urethral Slings Are Popular Alternatives When Medications Fail
Date:12/15/2009

Marketstrat is pleased to announce the release of a new report titled, “Incontinence Devices Markets Worldwide.” The report specifically addresses world markets for clinical devices used to treat and manage urinary incontinence.

Dublin, CA (PRWEB) December 15, 2009 -- Marketstrat is pleased to announce the release of a new report titled, “Incontinence Devices Markets Worldwide.” The report specifically addresses world markets for clinical devices used to treat and manage urinary incontinence.

The global UI devices market is expected to grow at a CAGR of over 4 percent between 2008 and 2016, reaching about $2 billion by the end of 2016. This is despite the fact that the UI market is one of the most under-penetrated medical markets. About 30% of women all over the world are affected, yet about two thirds of cases are estimated to remain undiagnosed. Although a wide variety of treatment options are available, from medication and exercise to surgery, patients largely remain unaware or feel too uncomfortable to seek medical help. This is by far the biggest restraint in the urinary incontinence device market.    However, changing demographics and campaigns to raise awareness of UI treatments are expanding market opportunities in this segment. Reimbursement is available in full or part in many countries. With growing numbers of elderly around the world and increasing rates of chronic conditions that lead to incontinence, the demand for minimally invasive, cost-effective UI devices is going to increase in the foreseeable future.

Some of the important trends in the UI market are:

 

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