The gynecological devices market size was valued at US$ 8,864 million in 2018 and is expected to witness a CAGR of 8.0% over the forecast period (2019 – 2027).
Global Gynecological Devices Market (%) Analysis, By Surgical Device Type, 2019
Source: Coherent Market Insights Analysis (2019)
Growing gynecological procedures and disorders are expected to drive growth of the Gynecological Devices Market
According to the Endometriosis UK, 10% of the female population was affected by endometriosis in 2016. Moreover, Pelvic Inflammatory Disease (PID) is the second most common and serious complication among women in the U.S. For instance, according to American College of Obstetricians and Gynecologists 2019 report, PID is diagnosed in more than 1 million women each year in the U.S. Furthermore, it increases the risk of cervical cancer, uterine fibroids, and vaginitis. Surgeries are essential in complex gynecological indications. As a result of increasing number of critical and complex surgical procedures, demand for advance gynecological devices is expected to increase during the forecast period.
Global Gynecological Devices Market Value (US$ Mn) & Y-o-Y Growth (%), 2017-2027
Source: Coherent Market Insights Analysis (2019)
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