The Erectile Dysfunction Devices Market is estimated to Witness High Growth Owing to Technological Advancements in Treatment Devices
Erectile Dysfunction (ED) devices help treat erectile dysfunction or impotence in men. These devices include penile pumps, penile implants, or medications that help achieve or maintain an erection. Penile pumps, also known as vacuum erection devices, use suction to cause blood flow into the penis tissues, which helps men get and maintain an erection. Penile implants are medical devices that are surgically placed inside the body and allow men with ED to get an erection whenever sexual activity is desired.
The Global Erectile Dysfunction Devices Market is estimated to be valued at US$ 1.86 Bn in 2024 and is expected to exhibit a CAGR of 9.5% over the forecast period 2024 To 2031.
Key Takeaways
Key players operating in the Erectile Dysfunction Devices market are Boston Scientific Corporation, Coloplast Corp., Zephyr Surgical Implants, Owen Mumford Ltd., Augusta Medical Systems, Storz medical AG, Promedon, The Elator, Timm Medical, Silimed, Giddy, Alma Lasers, and Futura Medical plc.
Key opportunities in the Erectile Dysfunction Devices Market Demand include growing popularity of minimally invasive treatments and availability of FDA-approved devices. Advancements in treatment devices such as the launch of hydromechanical or inflatable penile implants and vacuum erection devices are also expected to drive market growth.
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