Surgical Sphincteroplasty Industry Overview
The global surgical sphincteroplasty market size is expected to reach USD 2.67 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.6% from 2021 to 2028. Sphincteroplasty is a low-cost surgery as compared to other treatments anal incontinence. Factors such as low maintenance surgical tools and a 98.0% success ratio of sphincteroplasty have improved its adoption among surgeons.
Surgical Sphincteroplasty Market Segmentation
Grand View Research has segmented the global surgical sphincteroplasty market based on type and region:
Based on the Type Insights, the market is segmented into Surgical (sphincteroplasty), Non-Surgical.
- The surgical (sphincteroplasty) segment accounted for the largest revenue share of 28.1% in 2020. Sphincteroplasty is the most popular surgical treatment for anal incontinence. It is highly adopted among care providers as it requires minimal surgical tools eventually reducing the cost of surgery. Sphincteroplasty is further divided into direct apposition sphincteroplasty and overlapping sphincteroplasty.
- Direct apposition is performed by cutting the ends of the internal and external anal sphincter (IAS EAS) and suturing them in layers to treat AI. It held a share of 8.3% in the surgical segment. It is less adopted among surgeons due to its post-operative complications. On the other hand, overlapping sphincteroplasty held a share of 92.0%.
- The non-surgical segment is estimated to witness the highest CAGR of 6.9% during the forecast period, owing to its growing adoption among the geriatric population and the ability to quickly regain anal sphincter control upon administration.
- It is further divided into sacral nerve stimulation, vaginal balloon inserts, and other treatment such as artificial bowel sphincter and solesta. Patients with end-stage AI and those failing to respond to the conventional treatment, have witnessed promising results of the non-surgical techniques.
- Sacral nerve stimulation held the largest share of 44.7% due to its high success rate, and the ability to reverse or discontinue the treatment without permanently damaging the sacral nerves.
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- Surgical Tables Market - The global surgical tables market size was valued at USD 1.33 billion in 2021 and is estimated to grow at a compound annual growth rate (CAGR) of 6.5% during the forecast period. An increasing number of surgeries due to rising cases of trauma and injuries across the globe is predicted to foster market growth.
- Surgical Equipment Market - The global surgical equipment market size was valued at USD 14.34 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 9.3% from 2022 to 2030. Factors such rising geriatric population, rise in the incidence of lifestyle diseases that eventually require surgery, growing healthcare costs, and large unmet surgical needs are primarily driving the market.
Surgical Sphincteroplasty Regional Outlook
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East Africa (MEA)
Key Companies Profile Market Share Insights
An increase in clinical developments to design innovative products is creating promising opportunities in the market for surgical sphincteroplasty. Due to the presence of fewer market players offering surgical technologies to treat anal incontinence, it is said to be a low competitive market. However, development strategies like collaboration and acquisition undertaken by larger market players are said to boost the market growth.
Some prominent players in the global surgical sphincteroplasty market include
- Medtronic
- Hill-Rom Services, Inc.
- McKesson
- B. Braun
- Becton, Dickinson and Company
- Novo Surgical, Inc.
- Surgical Holdings
- Pelvalon
- Salix Pharmaceutical Inc.
- Johnson Johnson
Order a free sample PDF of the Surgical Sphincteroplasty Market Intelligence Study, published by Grand View Research.
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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