Global Erectile Dysfunction Devices Market is valued approximately USD 1.6 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 8.8% over the forecast period 2023-2030. Erectile dysfunction devices are specially designed to help men who have difficulty achieving or maintaining an erection. These devices are used as a non-invasive and drug-free alternative to other treatment options. They work by creating a vacuum or applying pressure to the penis, which helps draw blood into the organ and create an erection. Other devices, such as penile implants, are surgically placed in the penis to provide rigidity and support during sexual activity. These devices aim to assist men in achieving satisfactory sexual function and improve their overall sexual health. Its driving factors are prevalence of erectile dysfunction and increasing geriatric population.
According to Single Care, The worldwide prevalence of erectile dysfunction is expected to increase to 322 million men by 2025.According to WHO in 2022, by 2030 there will be 6 out of 1 people will be aged 60 year over. As in 2020 there were 1.4 billion people aged over 60 years. By 2050 the worlds' population of people aged 60 years and older will be double (2.1 billion) which can increase the number of patient suffering from erectile dysfunction. Moreover, growing aging population, telemedicine and online platforms can create more opportunities in the market. However, the high regulatory and safety concerns, lack of awareness and education stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Erectile Dysfunction Devices Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022. North America dominated the market due to sedentary lifestyle and growing number of people living with diabetes and CVD's technologically advanced devices are available and the infrastructure of healthcare is well-established. Asia-Pacific and Latin America, have shown significant potential for growth in the ED devices market. Factors such as increasing healthcare expenditure, improving healthcare infrastructure, rising awareness about sexual health, and a larger aging population in these regions contribute to the market's growth potential.
Major market player included in this report are:
- Boston Scientific Corporation
- Rigico Inc
- Coloplast Group
- Promedon GmbH
- Zephyr Surgical Implants
- STORZ MEDICAL AG
- VIVUS Inc
- Augusta Medical Systems LLC
- Reflexonic LLC
- Infinium Medical
Recent Developments in the Market:
- In 2023, Rigicon Inc introduced the HL-LEVINE combo prothesis tool, a combination of the HL dilator tool and the traditional Furlow instrument. Which can be used for penile implant surgery.
- In 2022, Advanced Medtech acquired Shenzhen Huikang medical apparatus. This acquisition expanded advanced medtech's urological market access in China.
Global Erectile Dysfunction Devices Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimation: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Type, Age Group, Cause, End User, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
- Vacuum Constriction Devices
- Penile Implants
- Shockwave Therapy
- Other Devices Types
By Age Group:
- Less Than 40 Years
- 40-60 Years
- More than 60 years
By Cause:
- Vascular Disorder and Diabetes
- Neurological Disorder
- Other Causes
By End-User:
By Region:
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Erectile Dysfunction Devices Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Erectile Dysfunction Devices Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. Erectile Dysfunction Devices Market, by Age Group, 2020-2030 (USD Billion)
- 1.2.4. Erectile Dysfunction Devices Market, by Cause, 2020-2030 (USD Billion)
- 1.2.5. Erectile Dysfunction Devices Market, by End User, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Erectile Dysfunction Devices Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Erectile Dysfunction Devices Market Dynamics
- 3.1. Erectile Dysfunction Devices Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Prevalence of Erectile Dysfunction
- 3.1.1.2. Increasing Geriatric Population
- 3.1.2. Market Challenges
- 3.1.2.1. Regulatory and Safety Concerns
- 3.1.2.2. Lack of Awareness and Education
- 3.1.3. Market Opportunities
- 3.1.3.1. Growing Aging Population
- 3.1.3.2. Telemedicine and Online Platforms
Chapter 4. Global Erectile Dysfunction Devices Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Erectile Dysfunction Devices Market, by Type
- 5.1. Market Snapshot
- 5.2. Global Erectile Dysfunction Devices Market by Type, Performance - Potential Analysis
- 5.3. Global Erectile Dysfunction Devices Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
- 5.4. Erectile Dysfunction Devices Market, Sub Segment Analysis
- 5.4.1. Vacuum Constriction Devices
- 5.4.2. Penile Implants
- 5.4.3. Shockwave Therapy
- 5.4.4. Other Devices Types
Chapter 6. Global Erectile Dysfunction Devices Market, by Age Group
- 6.1. Market Snapshot
- 6.2. Global Erectile Dysfunction Devices Market by Age Group, Performance - Potential Analysis
- 6.3. Global Erectile Dysfunction Devices Market Estimates & Forecasts by Age Group 2020-2030 (USD Billion)
- 6.4. Erectile Dysfunction Devices Market, Sub Segment Analysis
- 6.4.1. Less than 40 Years
- 6.4.2. 40-60 Years
- 6.4.3. More than 60 Years
Chapter 7. Global Erectile Dysfunction Devices Market, by Cause
- 7.1. Market Snapshot
- 7.2. Global Erectile Dysfunction Devices Market by Cause, Performance - Potential Analysis
- 7.3. Global Erectile Dysfunction Devices Market Estimates & Forecasts by Cause 2020-2030 (USD Billion)
- 7.4. Erectile Dysfunction Devices Market, Sub Segment Analysis
- 7.4.1. Vascular Disorders and Diabetes
- 7.4.2. Neurological Disorders
- 7.4.3. Other Causes
Chapter 8. Global Erectile Dysfunction Devices Market, by End User
- 8.1. Market Snapshot
- 8.2. Global Erectile Dysfunction Devices Market by End User, Performance - Potential Analysis
- 8.3. Global Erectile Dysfunction Devices Market Estimates & Forecasts by End User 2020-2030 (USD Billion)
- 8.4. Erectile Dysfunction Devices Market, Sub Segment Analysis
- 8.4.1. Hospitals and ASCs
- 8.4.2. Clinics
Chapter 9. Global Erectile Dysfunction Devices Market, Regional Analysis
- 9.1. Top Leading Countries
- 9.2. Top Emerging Countries
- 9.3. Erectile Dysfunction Devices Market, Regional Market Snapshot
- 9.4. North America Erectile Dysfunction Devices Market
- 9.4.1. U.S. Erectile Dysfunction Devices Market
- 9.4.1.1. Type breakdown estimates & forecasts, 2020-2030
- 9.4.1.2. Age Group breakdown estimates & forecasts, 2020-2030
- 9.4.1.3. Cause breakdown estimates & forecasts, 2020-2030
- 9.4.1.4. End User breakdown estimates & forecasts, 2020-2030
- 9.4.2. Canada Erectile Dysfunction Devices Market
- 9.5. Europe Erectile Dysfunction Devices Market Snapshot
- 9.5.1. U.K. Erectile Dysfunction Devices Market
- 9.5.2. Germany Erectile Dysfunction Devices Market
- 9.5.3. France Erectile Dysfunction Devices Market
- 9.5.4. Spain Erectile Dysfunction Devices Market
- 9.5.5. Italy Erectile Dysfunction Devices Market
- 9.5.6. Rest of Europe Erectile Dysfunction Devices Market
- 9.6. Asia-Pacific Erectile Dysfunction Devices Market Snapshot
- 9.6.1. China Erectile Dysfunction Devices Market
- 9.6.2. India Erectile Dysfunction Devices Market
- 9.6.3. Japan Erectile Dysfunction Devices Market
- 9.6.4. Australia Erectile Dysfunction Devices Market
- 9.6.5. South Korea Erectile Dysfunction Devices Market
- 9.6.6. Rest of Asia Pacific Erectile Dysfunction Devices Market
- 9.7. Latin America Erectile Dysfunction Devices Market Snapshot
- 9.7.1. Brazil Erectile Dysfunction Devices Market
- 9.7.2. Mexico Erectile Dysfunction Devices Market
- 9.8. Middle East & Africa Erectile Dysfunction Devices Market
- 9.8.1. Saudi Arabia Erectile Dysfunction Devices Market
- 9.8.2. South Africa Erectile Dysfunction Devices Market
- 9.8.3. Rest of Middle East & Africa Erectile Dysfunction Devices Market
Chapter 10. Competitive Intelligence
- 10.1. Key Company SWOT Analysis
- 10.1.1. Company 1
- 10.1.2. Company 2
- 10.1.3. Company 3
- 10.2. Top Market Strategies
- 10.3. Company Profiles
- 10.3.1. Boston Scientific Corporation
- 10.3.1.1. Key Information
- 10.3.1.2. Overview
- 10.3.1.3. Financial (Subject to Data Availability)
- 10.3.1.4. Product Summary
- 10.3.1.5. Recent Developments
- 10.3.2. Rigico Inc
- 10.3.3. Coloplast Group
- 10.3.4. Promedon GmbH
- 10.3.5. Zephyr Surgical Implants
- 10.3.6. STORZ MEDICAL AG
- 10.3.7. VIVUS Inc
- 10.3.8. Augusta Medical Systems LLC
- 10.3.9. Reflexonic LLC
- 10.3.10. InfiniumMedical
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption