Global Penile Implants Report Thumbnail

Global Penile Implants Market by Type (Non-inflatable, Inflatable), by End-use (Ambulatory Surgery Centers, Hospital) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: MD-73046
  • Author: Up Market Research
  • Rating: 4.6
  • Total Reviews: 98
  • No. Of Pages: 232
  • Format:
  • Pub. Date: 2021-10-21
  • Share:

Summary of the Report

Global penile implants market was valued at 452.2 millions in 2019. It is projected to grow at a compound annual rate (CAGR of 4.5%) between 2020 and 2027. The market for penile implants is driven by the rising incidence of Erectile Dysfunction (ED), which is a symptom of associated comorbidities like diabetes, renal disease and liver disorder. Other factors that are driving the penile implant market include lifestyle changes, increased prevalence of smoking, and patient awareness about penile prosthesis. Market growth is due to technological advancements, high disposable income, and increasing use of Minimally Invasive Surgeries.

Penile prostheses (also known as penile implant, both inflatable and non-inflatable), are a standard of care for managing ED. Penile implants are a more effective and less traumatizing option for treating ED. They also allow for faster recovery. A ambulatory surgical center is gaining popularity due to factors such as patient satisfaction and cost-effectiveness.

Type Insights

Inflatable penile implant revenue share was almost 60% in 2019, and it is projected to continue growing at a profitable rate over the forecast period. Segment growth is aided by lower malfunction rates, lower rates associated infections, and high levels of patient satisfaction.

Malleable devices are used in regions such as Europe and Asia Pacific due to their reliability and cost. Inflatable devices are becoming more popular due to their durability and inability to contract infections. Inflatable penile implants are being developed by manufacturers that are more cost-effective, durable, and flexible. Companies are also developing innovative penile implants that can be controlled remotely and heated activated.

End-use Insights

With a market share of 55.0%, the hospital was the dominant end-use segment. The hospital segment is the dominant market for penile implants, with the majority of penile prosthesis procedures being performed in the hospital's outpatient or inpatient units.

The shift in patient preferences towards day surgery and an ambulatory surgery center has led to many penile procedures being performed in ASC settings. This segment is expected grow rapidly over the forecast period.

Regional Insights

North America was the dominant market for penile implant sales in 2019, accounting for more than 67.0% of the total revenue. The market is growing due to the availability of high-quality healthcare facilities, increased demand for extended sex, the availability of highly skilled urologists and equipment, as well as the rise in preference for outpatient settings for MIS procedure, and the supportive reimbursement framework.

The market for Europe is expected to expand significantly in the future. The market is driven by the high incidence of various urological conditions and the rising prevalence of chronic disease due to unhealthy lifestyles. Asia Pacific's penile market is expected grow at a high CAGR due to increasing awareness about penile procedures, a large population with ED, as well as the availability of advanced tools in many countries that can be used on an outpatient basis.

Market Share Insights & Key Companies

Due to the many players operating in the market, the penile implant market is extremely competitive. Coloplast is one of the largest players in the penile implant market. Rigicon Inc. (Rigicon), Zephyr Surgical Implants, Zephyr Surgical Implants, and Boston Scientific are all other major players. The most popular three-piece inflatable penile implants are Rigicon's Infla10 and Boston Scientific's AMS 700. Key market players follow key strategies that include technological advancements, new product launches, and strategic partnerships for geographic expansion. Companies are committed to developing technologically advanced products that have greater efficiency and better design. The following are some of the major players in the penile implant market:

  • Zephyr Surgical Implants

  • Boston Scientific Corporation

  • Coloplast

  • Promedon

  • Rigicon Inc.

Up Market Research published a new report titled “Penile Implants Market research report which is segmented by Type (Non-inflatable, Inflatable), by End-use (Ambulatory Surgery Centers, Hospital), By Players/Companies Coloplast, Promedon, Boston Scientific Corporation, Rigicon Inc, Zephyr Surgical Implants”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.


Report Scope

Report AttributesReport Details
Report TitlePenile Implants Market Research Report
By TypeNon-inflatable, Inflatable
By End-useAmbulatory Surgery Centers, Hospital
By CompaniesColoplast, Promedon, Boston Scientific Corporation, Rigicon Inc, Zephyr Surgical Implants
Regions CoveredNorth America, Europe, APAC, Latin America, MEA
Base Year2020
Historical Year2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year2028
Number of Pages232
Number of Tables & Figures163
Customization AvailableYes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Penile Implants Industry Outlook

Global Penile Implants Market Report Segments:

The market is segmented by Type (Non-inflatable, Inflatable), by End-use (Ambulatory Surgery Centers, Hospital).

Penile Implants Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Penile Implants Market

Overview of the regional outlook of the Penile Implants Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Penile Implants Market Overview

Highlights of The Penile Implants Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Penile Implants Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
        6. By Type:

                1. Non-inflatable

                2. Inflatable

        7. By End-use:

                1. Ambulatory Surgery Centers

                2. Hospital

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Penile Implants Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Penile Implants Market Trends

Reasons to Purchase the Penile Implants Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Penile Implants Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Penile Implants Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Penile Implants Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Penile Implants Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Penile Implants Market Size & Forecast, 2018-2028 
      4.5.1 Penile Implants Market Size and Y-o-Y Growth 
      4.5.2 Penile Implants Market Absolute $ Opportunity 


Chapter 5 Global Penile Implants Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Penile Implants Market Size Forecast by Type
      5.2.1 Non-inflatable
      5.2.2 Inflatable
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Penile Implants Market Analysis and Forecast by End-use
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by End-use
      6.1.2 Basis Point Share (BPS) Analysis by End-use
      6.1.3 Absolute $ Opportunity Assessment by End-use
   6.2 Penile Implants Market Size Forecast by End-use
      6.2.1 Ambulatory Surgery Centers
      6.2.2 Hospital
   6.3 Market Attractiveness Analysis by End-use

Chapter 7 Global Penile Implants Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Penile Implants Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Penile Implants Analysis and Forecast
   9.1 Introduction
   9.2 North America Penile Implants Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Penile Implants Market Size Forecast by Type
      9.6.1 Non-inflatable
      9.6.2 Inflatable
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Penile Implants Market Size Forecast by End-use
      9.10.1 Ambulatory Surgery Centers
      9.10.2 Hospital
   9.11 Basis Point Share (BPS) Analysis by End-use 
   9.12 Absolute $ Opportunity Assessment by End-use 
   9.13 Market Attractiveness Analysis by End-use

Chapter 10 Europe Penile Implants Analysis and Forecast
   10.1 Introduction
   10.2 Europe Penile Implants Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Penile Implants Market Size Forecast by Type
      10.6.1 Non-inflatable
      10.6.2 Inflatable
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Penile Implants Market Size Forecast by End-use
      10.10.1 Ambulatory Surgery Centers
      10.10.2 Hospital
   10.11 Basis Point Share (BPS) Analysis by End-use 
   10.12 Absolute $ Opportunity Assessment by End-use 
   10.13 Market Attractiveness Analysis by End-use

Chapter 11 Asia Pacific Penile Implants Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Penile Implants Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Penile Implants Market Size Forecast by Type
      11.6.1 Non-inflatable
      11.6.2 Inflatable
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Penile Implants Market Size Forecast by End-use
      11.10.1 Ambulatory Surgery Centers
      11.10.2 Hospital
   11.11 Basis Point Share (BPS) Analysis by End-use 
   11.12 Absolute $ Opportunity Assessment by End-use 
   11.13 Market Attractiveness Analysis by End-use

Chapter 12 Latin America Penile Implants Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Penile Implants Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Penile Implants Market Size Forecast by Type
      12.6.1 Non-inflatable
      12.6.2 Inflatable
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Penile Implants Market Size Forecast by End-use
      12.10.1 Ambulatory Surgery Centers
      12.10.2 Hospital
   12.11 Basis Point Share (BPS) Analysis by End-use 
   12.12 Absolute $ Opportunity Assessment by End-use 
   12.13 Market Attractiveness Analysis by End-use

Chapter 13 Middle East & Africa (MEA) Penile Implants Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Penile Implants Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Penile Implants Market Size Forecast by Type
      13.6.1 Non-inflatable
      13.6.2 Inflatable
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Penile Implants Market Size Forecast by End-use
      13.10.1 Ambulatory Surgery Centers
      13.10.2 Hospital
   13.11 Basis Point Share (BPS) Analysis by End-use 
   13.12 Absolute $ Opportunity Assessment by End-use 
   13.13 Market Attractiveness Analysis by End-use

Chapter 14 Competition Landscape 
   14.1 Penile Implants Market: Competitive Dashboard
   14.2 Global Penile Implants Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Coloplast
      14.3.2 Promedon
      14.3.3 Boston Scientific Corporation
      14.3.4 Rigicon Inc
      14.3.5 Zephyr Surgical Implants
Segments Covered in the Report
The global Penile Implants market has been segmented based on

By Type
  • Non-inflatable
  • Inflatable
By End-use
  • Ambulatory Surgery Centers
  • Hospital
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Coloplast
  • Promedon
  • Boston Scientific Corporation
  • Rigicon Inc
  • Zephyr Surgical Implants

Buy Report