May 25, 2024
Global Undescended Testicle

The Global Undescended Testicle Market is trending towards Minimally Invasive Surgeries by 2031

The global undescended testicle market comprises various treatment methods and surgical approaches for improving fertility in males suffering from cryptorchidism or undescended testes. Common treatment options include hormone therapy followed by surgical orchiopexy in non-responsive cases. Surgery involves correcting the positioning of the testes within the scrotum to provide an optimum temperature for sperm production and lowering the risk of infertility and testicular cancer.

The Global Undescended Testicle Market Size Is Estimated To Be Valued At US$ 4.51 Bn In 2024 And Is Expected To Exhibit A CAGR Of 7.3% Over The Forecast Period 2024-2031.

Key Takeaways

Key players operating in the global undescended testicle market are Ferring Pharmaceuticals, Pfizer, Eli Lilly And Company, Sanofi, Merck & Co., Bayer AG, Endo International, Astrazeneca, Johnson & Johnson, And Takeda Pharmaceutical. Key players are focusing on developing minimally invasive technologies for orchiopexy to reduce postoperative complications.

The growing prevalence of cryptorchidism worldwide due to rising risk factors such as preterm birth, low birth weight, and male hormone imbalance is expected to drive the market during the forecast period. Additionally, increasing health awareness regarding timely treatment of undescended testes to prevent future infertility is resulting in the global expansion of the market across developing regions.

The increasing adoption of minimally invasive surgical (MIS) techniques such as laparoscopic surgery is one of the major trends being witnessed in the global undescended testicle market. MIS procedures offer advantages such as reduced postoperative pain, decreased hospital stay, and improved cosmetic outcomes compared to open surgeries. Various recent advancements in laparoscopic instruments including improved imaging technologies and miniaturized hand tools have enabled surgeons to perform delicate procedures like orchiopexy with greater precision through smaller incisions. This has been a key factor driving patients and physicians towards minimally invasive options.

Market Key Trends

The rising popularity of robot-assisted surgery is another key trend in the global undescended testicle market. The da Vinci surgical system has allowed for more controlled and precise dissection and suturing compared to conventional laparoscopy. This has led to procedural and clinical benefits like reduced blood loss, lower postoperative complications, less post-op pain and scarring. An increasing number of urologists worldwide arebeing trained in robot-assisted pediatricsurgery, which is expected toboost the adoption of surgical robots in undescended testicle repair procedures over the forecast period.

Porter’s Analysis

Threat of new entrants: High capital requirements for R&D and manufacturing facility pose as entry barriers. Bargaining power of buyers: Large buyers have more bargaining power to negotiate on price and inventory levels. Bargaining power of suppliers: Suppliers have moderate bargaining power due to availability of substitutes and difficulty in switching costs. Threat of new substitutes: Substitute treatments pose moderate threat given research advances in medical science. Competitive rivalry: Fierce competition exists among existing players to gain market share and create product differentiation through innovation.

Geographical Regions

North America accounts for the largest share of the global undescended testicle market in terms of value, owing to high awareness levels, well-established healthcare infrastructure, and easy access to clinics and surgical procedures. According to industry experts, the Asia Pacific region is expected to witness the fastest growth over the forecast period due to increasing medical tourism, rising disposable income, growing population, and improving healthcare facilities across developing nations.

Growth in the region is primarily driven by China, India, and Japan given rapid urbanization, rising incidence of undescended testis, and changing lifestyle habits in these emerging countries. Government initiatives to boost healthcare spending and provide universal health coverage has made critical treatments accessible and affordable for all sections of the society. Private hospitals are also offering quality services at competitive prices, attracting patients from other regions globally.

What are the key data covered in this Global Undescended Testicle Market report?

:- Market CAGR throughout the predicted period

:- Comprehensive information on the aspects that will drive the Global Undescended Testicle Market’s growth between 2024 and 2031.

:- Accurate calculation of the size of the Global Undescended Testicle Market and its contribution to the market, with emphasis on the parent market

:- Realistic forecasts of future trends and changes in consumer behaviour

:- Global Undescended Testicle Market Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa

:- A complete examination of the market’s competitive landscape, as well as extensive information on vendors

:- Detailed examination of the factors that will impede the expansion of Global Undescended Testicle Market vendors

FAQ’s

Q.1 What are the main factors influencing the Global Undescended Testicle market?
Q.2 Which companies are the major sources in this industry?
Q.3 What are the market’s opportunities, risks, and general structure?
Q.4 Which of the top Global Undescended Testicle Market companies compare in terms of sales, revenue, and prices?
Q.5 Which businesses serve as the Global Undescended Testicle market’s distributors, traders, and dealers?
Q.6 How are market types and applications and deals, revenue, and value explored?
Q.7 What does a business area’s assessment of agreements, income, and value implicate?

*Note:
1.       Source: CoherentMI, Public sources, Desk research
2.       We have leveraged AI tools to mine information and compile it