Vaginal Rejuvenation Systems - Market Insights, Competitive Landscape and Market Forecast-2027

Vaginal Rejuvenation Systems Market By Product Type (Laser [Co2 And ER:YAG] And Radiofrequency), By Application (Functional Rejuvenation And Cosmetic Rejuvenation), By End User (Hospitals And Specialty Clinics), and by geography is expected to grow at a steady CAGR (forecast period- 2022-2027) owing to increasing prevalence of pelvic floor disorders due to rising geriatric population and technological advancements in new vaginal rejuvenation systems

Global vaginal rejuvenation systems market was valued at USD 6.05 billion in 2021, growing at a CAGR of 10.14% during the forecast period from 2022 to 2027 to reach USD 10.79 billion by 2027. The demand for vaginal rejuvenation systems is witnessing a surge primarily due to the rising prevalence of rising geriatric population, increasing prevalence of pelvic floor disorders, growing focus towards cosmetic procedures, and the increasing disposable income which are expected to contribute in the growing product demand thereby boosting the growth of the of the vaginal rejuvenation systems market during the forecast period from 2021-2026.

Vaginal Rejuvenation Systems Market Dynamics:

The vaginal rejuvenation systems market is experiencing an increase in product demand for a variety of reasons with one of the key reasons being rising geriatric female population. As per the data provide by the World Health Organization in their Decade of Healthy Ageing (2020-2030) report, the number of people aged 60 years and older will be increasing, from one billion in 2019 to 1.4 billion in 2030. By 2050, the global population of older people will have more than doubled, to 2.1 billion. Demographical patterns show that women tend to live longer than men. The above-mentioned source further stated that in 2017, women accounted for 54% of the global population aged 60 years or older and 61% of those aged 80 years or older. Between 2020 and 2025, women's life expectancy at birth will exceed that of men by 3 years. With growing age, women are considered to be susceptible to various pelvic floor disorders such as urinary incontinence and pelvic floor prolapse. These are attributed to physiological changes brought about as a result of aging. Therefore, in order to reduce the severity of such disorders, vaginal rejuvenation systems are being employed in the non-invasive treatment of functional rejuvenation of vagina in older women, thereby presenting a positive growth outlook for the global vaginal rejuvenation systems market during the forecast period.

Moreover, technological advancements have led to the development of non-invasive way of vaginal rejuvenation. The commonly popular way of vaginal rejuvenation is the conventional surgeries such as labioplasty and vaginoplasty. With technological advancements, non-invasive methods of vaginal rejuvenation such as energy-based devices are gaining popularity among end users. These energy-based vaginal rejuvenation systems make use of various technologies such as radiofrequency and laser for carrying out procedures. Their non-invasive nature and potentially faster healing compared to surgery is further expected to drive the growth of the global vaginal rejuvenation systems market during the forecast period.

However, stringent regulatory guidelines for vaginal rejuvenation systems and high cost of these procedures may be limiting factors for the vaginal rejuvenation systems market growth.

Along with the factors mentioned above, the vaginal rejuvenation systems market witnessed a period of slow growth due to the COVID-19 pandemic. The lockdown implemented by various governments worldwide to curb the spread of the COVID-19 infection resulted in suspension of various surgeries and outpatient consultations across virtually all medical specialties including cosmetic surgeries. The elective procedures were postponed as the number of new COVID-19 cases had reached a peak, many clinics were closed, and such procedures were down by approximately half of the surgical volumes compared to previous years resulting in the low demand for vaginal rejuvenation systems. However, the approval of various COVID-19 vaccines and the efforts in the direction of mass vaccination has paved the way for recovery in revenue generation in the vaginal rejuvenation systems market, thereby providing a positive growth environment for the energy-based vaginal rejuvenation systems market during the forecast period.

Vaginal Rejuvenation Systems Market Segment Analysis:

Vaginal Rejuvenation Systems Market by Product Type (Laser [CO2 and ER:YAG] and Radiofrequency), by Application (Functional Rejuvenation and Cosmetic Rejuvenation), by End User (Hospitals and Specialty Clinics), and by Geography (North America, Europe, Asia-Pacific, and Rest of the World).

In the product segment of the vaginal rejuvenation systems market, the laser-based vaginal rejuvenation systems category is expected to hold considerable market share in the vaginal rejuvenation systems market during the forecast period. The high demand for laser-based vaginal rejuvenation systems is due to the advantages associated with these devices. The CO2 (10,600 nm) and the Er:YAG laser emit laser energy in the mid-infrared invisible light spectrum are the most widely used lasers in the skin rejuvenation domain and have recently been applied to the vaginal tissues a for the treatment of symptomatic vaginal and valvular atrophy.

Moreover, several lasers have been utilized for noninvasive rejuvenation of the vaginal canal and their safety profile, and efficacy has been reviewed in various studies. The procedure usually lasts for about 10 to 20 min with no requirement for anesthetic. Most patients report almost no discomfort other than a warming sensation. Additionally, no downtime is required, and regular activities can be resumed the same day which makes it a popular choice among end users, thereby boosting the growth of the global vaginal rejuvenation systems market.

Between the two, CO2 lasers are expected to account for a larger market share as they improve blood flow in vaginal tissues via a heat response to restore elasticity and moisture of the vaginal canal, improve the extracellular matrix of the mucosal structures improving muscle tone and function, reduce frequent infection and chronic vaginitis via restoration of the vaginal barrier. Therefore, advantages associated with the CO2 laser are expected to account for a higher product category share of lasers in the vaginal rejuvenation market.

Asia-Pacific is expected to register fastest growth in the overall Vaginal Rejuvenation Systems Market:

Among all the regions, Asia-Pacific is expected to account for the fastest growth in terms of CAGR in the vaginal rejuvenation systems market. The key driving factors of the vaginal rejuvenation market are high birth rate in the region, presence of large elderly female population, increasing disposable income, and rising investments and big collaborative expansions by key players in the region. Moreover, the increased healthcare awareness is also driving the growth of the APAC vaginal rejuvenation systems market.

As per the estimates provided by the World Economic Forum (2021), the gross domestic product in the APAC region increased from USD 15,133.08 billion to the projected GDP of 30,280.20 billion by 2024, contributing to roughly 60% to the global GDP growth by 2030. The increase in GDP is representative of the rising disposable income in the region, which will improve the spending power of customers on various products and services including healthcare services. The increasing disposable income has been a major contributing factor in the growing demand for cosmetic and restoration procedures in the region. There has been a constant increase in the cosmetic genital procedures which has resulted in the growing popularity of energy-based vaginal rejuvenation systems. Therefore, the growing financial prosperity in the region is expected to drive the demand for cosmetic procedures which in turn is expected to contribute in the product demand for vaginal rejuvenation systems driving the Asia-Pacific vaginal rejuvenation systems market.

Another aspect contributing in the growth of the vaginal rejuvenation systems market is the rising popularity of medical tourism. In many Asian countries, the price for a medical procedure is sometimes significantly less compared to western countries such as the United Kingdom or United States which motivates many patients to opt for healthcare services in Asian countries. Furthermore, the lack of access in many low-income countries where healthcare facilities are not as developed leading to many people opting for healthcare treatments abroad specifically Asian countries. Therefore, the trend of medical tourism with the increasing influx of international patients in the region is further expected to drive the demand for vaginal rejuvenation systems in the region, eventually leading to the growth of the vaginal rejuvenation systems market in the near future.

Vaginal Rejuvenation Systems Market Key Players:

Some of the key market players operating in the vaginal rejuvenation systems market includes Fotona, Alma Lasers, DEKA M.E.L.A. srl, Lutronic, Venus Concept, BTL Group of Companies, Sciton, Inc, Viveve Solutions, INTERmedic Arfran, Lumenis Be Ltd, VYDENCE® Medical, Candela Medical, Quanta System, MedArt ApS, Sincoheren Ltd, Asclepion Laser Technologies GmbH, Vertex Lasers, CAPENERGY MEDICAL, Beijing ADSS Development Co. Ltd and others.

Recent Developmental Activities in Vaginal Rejuvenation Systems Market:

• In February 2021, Viveve Medical Inc. announced that it obtained the South Korean patent No. 10-2197234 titled, Vaginal Remodeling Device and Method, for its novel dual-energy technology device, thus expanding the company's intellectual property portfolio in the South Korean market.

Key Takeaways from the Vaginal Rejuvenation Systems Market Report Study

• Market size analysis for current vaginal rejuvenation systems market size (2021), and market forecast for 5 years (2022-2027)
• The effect of the COVID-19 pandemic on this market is significant. To capture and analyze suitable indicators, our experts are closely watching the vaginal rejuvenation systems market.
• Top key product/services/technology developments, merger, acquisition, partnership, joint venture happened for last 3 years
• Key companies dominating the Global Vaginal Rejuvenation Systems Market.
• Various opportunities available for the other competitor in the Vaginal Rejuvenation Systems Market space.
• What are the top performing segments in 2021? How these segments will perform in 2027.
• Which is the top-performing regions and countries in the current vaginal rejuvenation systems market scenario?
• Which are the regions and countries where companies should have concentrated on opportunities for vaginal rejuvenation systems market growth in the coming future?

Target Audience who can be benefited from this Vaginal Rejuvenation Systems Market Report Study

• Vaginal Rejuvenation Systems products providers
• Research organizations and consulting companies
• Vaginal Rejuvenation Systems-related organizations, associations, forums, and other alliances
• Government and corporate offices
• Start-up companies, venture capitalists, and private equity firms
• Distributors and Traders dealing in vaginal rejuvenation systems
• Various End-users who want to know more about the Vaginal Rejuvenation Systems market and latest technological developments in the Vaginal Rejuvenation Systems market.

Frequently Asked Questions for Vaginal Rejuvenation Systems Market:

1. What is a Vaginal Rejuvenation System?

Vaginal rejuvenation systems are new, non-invasive, energy-based systems, offer a way for nonsurgical vulvovaginal correction procedures that can be performed by a wider range of practitioners including dermatologists.

2. What is the market for Global Vaginal Rejuvenation Systems?

Global vaginal rejuvenation systems market was valued at USD 6.05 billion in 2021, growing at a CAGR of 10.14% during the forecast period from 2022 to 2027 to reach USD 10.79 billion by 2027.

3. What are the drivers for Global Vaginal Rejuvenation Systems Market?

The demand for vaginal rejuvenation systems is witnessing a surge primarily due to the rising prevalence of rising geriatric population, increasing prevalence of pelvic floor disorders, growing focus towards cosmetic procedures, and the increasing disposable which are expected to contribute in the growing product demand thereby boosting the growth of the of the vaginal rejuvenation systems market during the forecast period.

4. Who are the key players operating in Global Vaginal Rejuvenation Systems Market?

Some of the key market players operating in the vaginal rejuvenation systems market includes Fotona, Alma Lasers, DEKA M.E.L.A. srl, Lutronic, Venus Concept, BTL Group of Companies, Sciton, Inc, Viveve Solutions, INTERmedic Arfran, Lumenis Be Ltd, VYDENCE® Medical, Candela Medical, Quanta System, MedArt ApS, Sincoheren Ltd, Asclepion Laser Technologies GmbH, Vertex Lasers, CAPENERGY MEDICAL, Beijing ADSS Development Co. Ltd and others.

5. Which region will register the fastest growth in Vaginal Rejuvenation Systems market?

Among all the regions, Asia-Pacific is expected to account for the fastest growth in terms of CAGR in the vaginal rejuvenation systems market. The key driving factors of the vaginal rejuvenation market are high birth rate in the region, presence of large elderly female population, increasing disposable income, and rising investments and big collaborative expansions by key players in the region. Moreover, the increased healthcare awareness is also driving the growth of the APAC vaginal rejuvenation systems market.
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