Penile Implants Market Size
Market Size in USD Mn
CAGR2.2%
| Study Period | 2024 - 2031 |
| Base Year of Estimation | 2023 |
| CAGR | 2.2% |
| Market Concentration | Medium |
| Major Players | Boston Scientific Corporation, Coloplast Corp, PROMEDON GmbH, SILIMED, ZSI Zephyr Surgical Implants and Among Others |
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Penile Implants Market Analysis
The penile implants market is estimated to be valued at USD 271.4 Mn in 2024 and is expected to reach USD 317.2 Mn by 2031, growing at a compound annual growth rate (CAGR) of 2.2% from 2024 to 2031. The market has been experiencing steady growth owing to the rising prevalence of erectile dysfunction and increased adoption of penile implants for treatment after failed oral therapies.