DUBLIN–(BUSINESS WIRE)–The “Vaginal Slings – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Global Vaginal Slings Market to Reach $2.2 Billion by 2027
Amid the COVID-19 crisis, the global market for Vaginal Slings estimated at US$1.8 Billion in the year 2020, is projected to reach a revised size of US$2.2 Billion by 2027, growing at a CAGR of 3.3% over the analysis period 2020-2027.
Transobturator Slings, one of the segments analyzed in the report, is projected to record a 3.4% CAGR and reach US$994.4 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Mini Slings/Single Incision Slings segment is readjusted to a revised 3.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $478.3 Million, While China is Forecast to Grow at 6% CAGR
The Vaginal Slings market in the U.S. is estimated at US$478.3 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$459.6 Million by the year 2027 trailing a CAGR of 6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.9% and 2.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.6% CAGR.
Other Types Segment to Record 2.8% CAGR
In the global Other…