Erectile Dysfunction Treatment Market Report give our customers an exhaustive and top to bottom examination

Erectile dysfunction, also known as impotence, is a medical condition characterised by the inability to obtain and maintain a firm erection during sexual intercourse. The leading causes of erectile dysfunction are hormonal imbalance, insufficient blood flow to the penis, nervous system conditions, and psychological causes such as depression and anxiety. Underlying medical conditions such as high blood pressure and cardiovascular disease can also cause erectile dysfunction. External penile support devices, penile vibrators, and extracorporeal shockwave therapy have all been developed as a result of technological advancements in the field of erectile dysfunction.

The global erectile dysfunction treatment market is estimated to be valued at US$ 3,682.5 Mn in 2021 and is expected to exhibit a CAGR of 7.1 % over the forecast period (2021-2028).

The global Erectile Dysfunction Treatment Devices Market is projected to be primarily driven by the high prevalence and rising incidences of erectile dysfunction. Around 50% of men aged 40 to 70 years are estimated to suffer from some degree of erectile dysfunction. Incidence of erectile dysfunction increases with the growing age. During the forecast period, this is expected to drive the erectile dysfunction treatment devices market. People who have risk factors related to their lifestyle, particularly chain smokers, are more prone to erectile dysfunction. Technological advancement has resulted in the development of new products that are more efficient and provide high levels of user satisfaction. During the forecast period, new product development and approvals for erectile dysfunction treatment, such as external penile support devices, are expected to drive the erectile dysfunction treatment devices market. However, the availability of therapeutic drugs and the high cost of implantable devices are likely to limit the growth of the erectile dysfunction treatment devices market in the near future.

The global erectile dysfunction treatment devices market can be divided into three segments: product type, end-user, and geography. The global erectile dysfunction treatment devices market is segmented by product type into penile implants, external penile support devices, vacuum constriction devices, and erectile dysfunction shockwave generators. During the forecast period, the penile implants segment is expected to account for a significant share of the erectile dysfunction treatment devices market.