Global Gynecological Devices Market, by Device Type (Surgical Device (Gynecological Endoscopy Devices (Hysteroscope, Colposcope , Resectoscope, Laparoscope and Endoscopic imaging systems)), (Endometrial Ablation Devices (Hydrothermal ablation devices, Radiofrequency ablation devices, Balloon ablation devices and Others (cryotherapy, microwave, and laser)), Fluid Management Systems, Female Sterilization/Contraceptive Devices (Permanent and Temporary (IUD, Intravaginal Rings, and Subdermal Contraceptives Implants))), Hand Instrument (Vaginal Speculum (Disposable and Reusable), Tenaculum, Curettes, Trocars, and Biopsy forceps (Disposable, and Reusable), and Others), and Gynecological Chairs (Fixed-Height Chairs and Adjustable-Height Chairs), by End User (Hospitals, Surgical Centers and Diagnostics Lab and Specialty Clinics), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) was valued at US$ 8,864 million in 2018, and is projected to exhibit a CAGR of 8.0% over the forecast period (2019 - 2027). Increasing launches of gynecological devices for gynecological surgeries are expected to boost growth of the gynecological device market. For instance, in 2018, Olympus Corporation and InterSystems collaboratively introduced a next generation software platform called Knowledge Exchange System (KE), which helps and enables physicians to seamlessly connect to a facility's electronic medical record (EMR) to access shared imaging files. Furthermore, in 2018, Cooper Surgical acquired assets of the Life Global Group and its affiliates. The Life Global Group is a leading global provider of in-vitro fertilization devices. Moreover, rising number of gynecological treatment procedures is expected drive the gynecological device market during the forecast period. For instance, according to the National centers for health Statistics report 2016, it estimated that the percent of C-section deliveries was 32.2% compared to vaginal deliveries in the U.S. in 2014.
Browse 27 Market Data Tables and 29 Figures spread through 185 Pages and in-depth TOC on "Global Gynecological Devices Market, by Device Type (Surgical Device (Gynecological Endoscopy Devices(Hysteroscope, Colposcope , Resectoscope, Laparoscope and Endoscopic imaging systems (Endometrial Ablation Devices (Hydrothermal ablation devices, Radiofrequency ablation devices, Balloon ablation devices, and Others (cryotherapy, microwave, and laser)), Fluid Management Systems, Female Sterilization/Contraceptive Devices (Permanent and Temporary ( IUD, Intravaginal Rings, and Subdermal Contraceptives Implants))), Hand Instrument (Vaginal Speculum (Disposable and Reusable ) Tenaculum, Curettes, Trocars and Biopsy forceps (Disposable, and Reusable), and Others), and Gynecological Chairs (Fixed-Height Chairs and Adjustable-Height Chairs), by End User (Hospitals, Surgical Centers and Diagnostics Lab and Specialty Clinics), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Global Forecast to 2027"
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Key Takeaways of the Global Gynecological Devices Market:
- The global gynecological devices market is expected to witness a CAGR of 8.0% during the forecast period (2019–2027), owing to increasing acquisitions, product launches, and rising number of gynecological treatment procedures
- Among device type, the gynecological endoscopy devices sub segment is expected to account for a major revenue share in 2027 owing to increasing incidence of various gynecological diseases such as cervical cancer, ovarian cancer, and vaginal cancer. For instance, according to the Centers for Disease Control and Prevention 2018, more than 95,000 women in the U.S. are diagnosed with a type of gynecological cancer and every year, and over 30,000 women die due to gynecological cancers in the U.S.
- Major players operating in the global gynecological devices market include Ethicon, Inc., Hologic, Inc., MedGyn Product Inc., Stryker Corporation, Cooper Surgical, Inc., Karl Storz GmbH& Co. KG, Boston Scientific Corporation, Richard Wolf GmbH, Medtronic, and Olympus Corporation.
