Global Erectile Dysfunction Devices Market

Erectile Dysfunction Devices Market Insights

Erectile dysfunction is also known as impotence and is one of the most common disorders in the male population. In biological terms erection involve a series of reactions that get completed once the signals get transmitted from the brain to genital nerves in form of impulse. However, if there is a blockage in transmitting signals or blood flow blockage in the male genital organ then it leads to bring dysfunctionality in the erection process. Men undergoing cardiovascular, or diabetes treatment are more susceptible to develop dysfunctionality. Also, certain medications, injuries, and psychological factors could promote the chances of erection dysfunction. Medical science comes up with various treatment options such as ED drugs, surgery, injectable, penile implants, and vacuum construction devices. With recent technological development, various novel treatment devices for erectile dysfunction such as penile vibrators, extracorporeal shockwave therapy, and external penile support devices came into action. There is a 50% success possible for the drug treatment and the remaining 50% of unsuccessful patients opt for vasodilator injections, vacuum devices, or penile implant surgeries.  As per the statistical analysis done by GME, the global erectile dysfunction device is anticipated to grow at a considerable rate between the year 2020-2026.

Erectile dysfunction incidence increases with growing age, about 5-10% of men under 40 years are the possible suspects for the dysfunctionality. This is projected to drive the ED device market in the coming years also. Rising disease prevalence and the growing percentage of tobacco smoking are some of the prime factors driving the ED devices market. New product development by many key players is creating opportunities for the ED treatment market to target a large volume of population. However, lack of awareness about the proper usage of these devices and the availability of therapeutic drugs is a major market de-accelerator factor for the ED devices. Also, the high cost of implantable devices and associated pain with the treatment is creating an unpleasant market trend for the device. 

Erectile Dysfunction Devices Market: By Product Type

The types of products involved in the ED devices market can be studied as vacuum constriction devices, penile implants, non-inflatable devices, inflatable devices, surgical instruments, and other products. Penile implants are expected to dominate the market in the coming years. These are prosthetic devices that are implanted within the penis. Inflatable, and malleable are the two bifurcations of the penile implants. Out of the two inflatable penile implants gives on average a much higher percentage of satisfaction as compared to the malleable penile implant.

Erectile Dysfunction Devices Market: By Patient Age

The patient age range of erectile dysfunction devices market can be explained as less than 50, age 50 to 60, and more than 60. As per the studies patients between 50-60 years or more than 60 years are at a much higher risk of dysfunctionality. The reason behind the high percentage of the geriatric population remains the same, as they are more vulnerable to get chronic diseases and diabetes in high aged population is the prime factor triggering the growth of the ED devices in the geriatric population segment.

Erectile Dysfunction Devices Market: By Cause of Dysfunction

Cardio-vascular disorder, neurological or mental Disorder, endocrinological disorders, obesity, and other disorders is a series of causes involved in erectile dysfunction. The other segment involves diseases such as atherosclerosis and diabetes are the most common medical problem causing erectile dysfunction. Also cardio-vascular disorder and damage to nerves, neurological disorders are the second major cause of dysfunction. The reason behind these diseases causing erectile dysfunction is they are responsible for blood pressure change and hormonal change that can negatively affect the erection. 

Erectile Dysfunction Devices Market: By End User

The end-user segment of the ED device market can be segmented into hospitals & clinics, ambulatory care centers, home care settings, and other End Users. The hospital and clinic segment accounts for the major market share for the ED device. Growing awareness about the device and involvement of professionally treatment individuals is triggering the demand for the ED devices in the hospital segments.

Erectile Dysfunction Devices Market: By Region

North America will be the major contributor in terms both revenue and volume of the ED market. The US is the major revenue builder country for the device.  High purchasing power and increasing awareness is propelling the demand for the product in this region. The rising percentage of chronic disease and a high ratio of the geriatric population is also adding values to the ED device market. 

Erectile Dysfunction Devices Market Share and Competitor Analysis

The key players operating in the market include Coloplast, Boston Scientific, Promedon, Gust, Inc, Zephyr Surgical Implants, Owen Mumford Ltd, Pos-T-Vac, Inc., Vacurect Manufacturing (Pty) Ltd., Reflexonic, LLC, Silimed, Implantica, and Comphya among others.

Please note: This is not an exhaustive list of companies profiled in the report.

In July 2020, Owen Mumford Ltd launched a new safety pen needle for HCP Ateria safe control. The needle is specially launched to target the diabetes patient.

In July 2019, Boston Scientific come up with a durable and natural feel solution for treating erectile dysfunction, Tactra penile implant.

Check the Press Release on Global Erectile Dysfunction Devices Market Report