Blog
The Future of Penile Prostheses
Innovation, Access, and Global Opportunity
Lorena Rojas, Offering Management, IQVIA MedTech
Jun 25, 2025

Penile Prostheses Are No Longer Niche

Erectile dysfunction (ED) is a global health concern, projected to affect over 322 million men in 2025. For many, oral medications offer relief. However, for a growing subset—post-prostatectomy patients, individuals with diabetes or cardiovascular disease, and those undergoing gender-affirming procedures—implantable penile prostheses (IPPs) offer a long-term, highly effective solution. Despite their clinical effectiveness and high patient satisfaction rates, access to and awareness of penile prostheses remains limited in many parts of the world.


Market Snapshot

$686m

The forecasted global penile implant market size by 2032

4.7%

The global penile implant market growth rate (CAGR)

>75%

The percentage of sales represented in the global market by inflatable implants

The U.S. once accounted for 85.9% of all penile prosthesis surgeries. Today, its share is estimated at 70–80%, reflecting a growing adoption in markets such as Germany, Australia, and Japan.

Satisfaction rates for IPPs consistently exceed 90% in clinical studies. Still, penile implants are often perceived as a “last resort,” rather than a mainstream solution. This perception contributes to underutilization, especially in markets where awareness and training are limited.


Global Opportunity: Addressing Access Gaps

Many international markets still lag in the adoption of penile prostheses due to:

  1. Cultural stigma surrounding surgical ED treatment
  2. Low awareness of implant-based solutions
  3. Limited access to specialized
  4. Inconsistent or absent reimbursement

For example, while the U.S. performs over 25,000 penile implant procedures annually, Germany performs approximately 1,200.

The gap highlights significant room for growth—particularly in regions with aging populations, rising ED prevalence, and maturing healthcare infrastructure.


Technological Advances Are Changing the Landscape

Recent innovations have improved patient outcomes and broadened clinical options:

  • Advanced materials and biocompatible silicone enhance durability and reduce infection risk.
  • Next-generation implants provide more natural aesthetics and comfort.
  • Malleable prostheses continue to play a key role in cost-sensitive and resource-limited settings.

These developments are making the procedure more attractive to both surgeons and patients.


Where Innovation Meets Strategy

MedTech companies operating in this space face a two-fold opportunity:

  1. Expand access through physician training, localized pricing strategies, and integration into public and private healthcare systems.
  2. Differentiate through data by investing in real-world evidence collection, surgical outcome tracking, and AI-assisted tools for personalized treatment planning.

As the demand for sexual health solutions rises, combining clinical innovation with strategic market entry will be key to unlocking new value.


Final Takeaways

Penile prostheses are entering a new era. Once relegated to niche procedures, they are now part of a broader, global conversation about men’s health, quality of life, and sexual well-being.

For MedTech innovators, this market represents not only clinical impact but significant growth potential—especially for those willing to invest in education, accessibility, and innovation on a global scale.

These insights are powered by IQVIA’s MedTech Market Monitor (MMM), a global platform offering real-world data on surgical procedures across 45 countries.

As global healthcare systems continue to evolve, real-time access to surgical procedure data is becoming key to understanding healthcare market dynamics. This solution provides exceptional visibility into high-impact therapeutic areas, enabling manufacturers, investors, and clinical leaders to track global trends, benchmark market penetration, anticipate emerging opportunities, and more.

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