8/12/2025, 1:00:00 PM | www.globenewswire.com | news
Erectile Dysfunction Devices Market Set to Surge at a CAGR
The global erectile dysfunction devices market is expected to grow at a compound annual growth rate (CAGR) of approximately 8% by 2032, reaching a market size of USD 3 billion. The expansion is driven by rising incidences of erectile dysfunction linked to chronic conditions such as diabetes, cardiovascular disease, hypertension, and obesity, as well as an aging male population. North America led the market in 2024 due to high prevalence rates and increasing awareness. Key players include Comphya SA, Coloplast Group, Boston Scientific Corporation, and others. Innovations such as Comphya's CaverSTIM implantable neuromodulator, which received FDA IDE approval in January 2025, are advancing treatment options. However, high device costs and complexity remain significant barriers to adoption, especially in developing regions.