Surgical Sphincteroplasty Market : Global Size, Share, Trends, Growth and Forecast Year ( 2023 – 2032 )
Surgical Sphincteroplasty Market Overview
The surgical sphincteroplasty market is a market for surgical procedures for the repairment or reconstruction of the sphincter muscle, which are responsible for the passing of excreta and gas through the rectum and anus. It is mainly used for the treatment of incontinence, which is the inability to control bowel movements, during childbirth injuries like anal sphincter injury can occur, hence this treatment can also be used for treating anal sphincter. The reasons behind the market growth is the increasing aging population, as well as the rising awareness of the conditions and the availability of new surgical techniques and technologies. Key players in the market include Boston Scientific Corporation, Medtronic plc, and Coloplast A/S.
Surgical Sphincteroplasty Market Key findings
Some key findings of the surgical sphincteroplasty market include:
- Rising prevalence of fecal incontinence and anal sphincter injuries: The increasing incidence of fetal incontinence and anal sphincter injuries are mainly the two factors which are increasing the demand for surgical sphincteroplasty procedures.
- Technological advancements in surgical procedures: The development of new surgical techniques, such as the use of bio-absorbable materials and minimally invasive procedures, is expected to drive the growth of the market.
- Growing geriatric population: The growing geriatric population is also expected to drive the market, as the risk of fecal incontinence increases with age.
- High cost of procedures: The high cost of surgical sphincteroplasty procedures is a major barrier to market growth, as it limits access to these procedures for many patients.
- Increase in number of colorectal surgeries: The increasing number of colorectal surgeries is also expected to drive the market, as surgical sphincteroplasty is often required as a secondary procedure following colorectal surgery.
- Asia Pacific is expected to grow with highest CAGR: The market in Asia Pacific is expected to grow at the highest CAGR during the forecast period, owing to increasing incidence of fecal incontinence, rising geriatric population, and increasing healthcare expenditure in the region.
Surgical Sphincteroplasty Market: Report Scope |
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Base Year |
2022 |
Base Year Market Size |
$1.6billion |
Forecast Year |
2023-2033 |
Forecast Year Market Size |
$3.5 billion |
CAGR Value |
7.4% |
Segmentation |
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Challenges |
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Growth Drivers |
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Surgical Sphincteroplasty Market driving factors
Some key driving factors of the surgical sphincteroplasty market include:
- Rising prevalence of fecal incontinence and anal sphincter injuries: The increasing incidence of fetal incontinence and anal sphincter injuries are mainly the two factors which are increasing the demand for surgical sphincteroplasty procedures.
- Technological advancements in surgical procedures: The development of new surgical techniques, such as the use of bio-absorbable materials and minimally invasive procedures, is expected to drive the growth of the market. With time the more technologically advanced techniques will come it will prove to be more efficient and less invasive, which will also help the patients in fast recovering.
- Growing geriatric population: The growing geriatric population is also expected to drive the market, as the risk of fecal incontinence increases with age.
- Increase in number of colorectal surgeries: The increasing number of colorectal surgeries is also expected to drive the market, as surgical sphincteroplasty is often required as a secondary procedure following colorectal surgery.
- Increasing healthcare expenditure: The rising healthcare expenditure in developed and developing countries is also expected to contribute to the growth of the market.
- Growing awareness about surgical sphincteroplasty: Increasing awareness about surgical sphincteroplasty among patients and healthcare professionals is also expected to drive the market growth.
Surgical Sphincteroplasty Market challenges
Some key challenges facing the surgical sphincteroplasty market include:
- High cost of procedures: The high cost of surgical sphincteroplasty procedures is a major barrier to market growth, as it limits access to these procedures for many patients.
- Limited reimbursement: The lack of reimbursement for these procedures in some countries is also a challenge, as it makes it difficult for patients to afford the treatment.
- Limited availability of trained surgeons: The limited availability of trained surgeons who are able to perform these procedures is also a challenge, as it limits access to the treatment for patients in some regions.
- Lack of awareness among patients: There is a lack of awareness among patients about the availability and benefits of surgical sphincteroplasty, which can also limit demand for the procedure.
- Risk of complications: Surgical sphincteroplasty carries a risk of complications, such as bleeding, infection, and nerve damage. These risks can be deterrent for some patients and may limit the demand for the procedure.
- Stringent regulatory environment: Stringent regulations and the high cost associated with the approval process for new products can act as a barrier to entry for new players in the market.
Surgical Sphincteroplasty Market regional synopsis
The surgical sphincteroplasty market can be also segmented on the basis of regions like North America, Asia-Pacific, Europe, and Middle East/ Rest of the world.
- North America: North America is the largest market for surgical sphincteroplasty, due to the high incidence of fecal incontinence and anal sphincter injuries, as well as the high healthcare expenditure in the region.
- Europe: Europe is the second-largest market for surgical sphincteroplasty, driven by the high incidence of fecal incontinence and anal sphincter injuries, as well as the increasing geriatric population in the region.
- Asia Pacific: The market in Asia Pacific is expected to grow at the highest CAGR during the forecast period, owing to increasing incidence of fecal incontinence, rising geriatric population, and increasing healthcare expenditure in the region.
- Rest of the World: The market in the rest of the world is expected to grow at a moderate rate, due to the limited availability of trained surgeons and lack of reimbursement for these procedures in some countries.
It is very important to note that the market size and forecast may be different depending on the year of it's research as well as the economic condition at the time of research.
Surgical Sphincteroplasty Market segmentation
The surgical sphincteroplasty market is segmented based on:
- Procedure: The market is segmented into primary repair, overlapped repair, and other procedures.
- End User: The market is segmented into hospitals, clinics, and ASCs.
- Material: The market is segmented into bio-absorbable and non-absorbable materials.
- Geography: The market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.
- Gender: The market is segmented based on gender, i.e. male, female
- Age: The market is segmented based on age groups, i.e. adults, geriatric
- Disease: The market is segmented based on different types of diseases present in the environment . This market include diseases like fecal incontinence, anal sphincter etc.
- Injury: The market is segmented based on injury, i.e. obstetric injury, others
- This segmentation helps to better understand the market dynamics, identify the major players and their market share, and assess the opportunities and trends in the market.
Surgical Sphincteroplasty Market key players
Some key players in the surgical sphincteroplasty market include:
- Boston Scientific Corporation: Boston Scientific is a leading player in the market, offering a range of surgical sphincteroplasty products and services.
- Medtronic plc: Medtronic is one of the most market share holding company because of its wide range of products and services in the sphincteroplasty segment.
- Coloplast A/S: Coloplast is a Danish multinational medical device company that specializes in ostomy care, continence care, and wound care.
- Ethicon (Johnson & Johnson): Ethicon is a subsidiary of Johnson & Johnson and offers a range of surgical sphincteroplasty products and services.
- Cook Medical: Cook Medical is a privately held global medical device company that offers a range of surgical sphincteroplasty products and services.
- ConMed Corporation: Conmed is a global medical technology company that offers a range of surgical sphincteroplasty products and services.
These companies have a very strong presence in the market, but fact to be noted is that the market is growing at a rapid rate so new companies may emerge in the future.
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Request for Customized Report- Publication date: 19th September 2023
- Base year: 2023
- Forecast year: 2024-2033
- Format: PDF, PPT,Word,Excel