Penile Implants Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Penile Implants Market is segmented By Implant Type (Inflatable, Concealable, Soft, Malleable), By End User (Hospitals, Ambulatory Surgery Centers, Ur....

Penile Implants Market Size

Market Size in USD

CAGR2.2%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR2.2%
Market ConcentrationMedium
Major PlayersBoston Scientific Corporation, Coloplast Corp, PROMEDON GmbH, SILIMED, ZSI Zephyr Surgical Implants
*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.