Gynecological Devices Market to increase with highest CAGR value by 2026
Gynecological Devices Market Outlook
2019-2026:
Gynecology is the study that deals with the
health problems related to female reproductive systems like vagina, ovaries,
and uterus and also with female breast. Rising population and life style of
women lead to an increase of different diseases, which are related to
gynecology. The devices that are used to treat and diagnose these diseases are
called gynecological devices.
Global Gynecological
devices market is in emerging state due to increase in elderly female
population, and rise in prevalence of diseases related to female reproductive
systems. Furthermore, factors such as increase in awareness ratio and sexually
transmitted diseases in women also contribute towards the market growth. In
addition, introduction of new devices in the market cause minimal discomfort,
better efficiency, and increase in healthcare expenditure, and favorable
reimbursement policies contribute towards the market growth of gynecological
devices. However, factors such as delay in approvals from regulatory
authorities and stringent government policies impede the market growth.
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The world gynecological devices market is
segmented based on product, end user, and geography. Based on product, the
market is categorized into gynecological endoscopy devices, endometrial
ablation devices, fluid management systems, female sterilization and
contraceptive devices, hand instruments, and diagnostic imaging systems. Based
on end users, the market is divided into hospitals, diagnostic centers, and
clinics. The market is analyzed on the basis of four regions, namely, North
America, Europe, Asia-Pacific, and LAMEA.
Product launch, collaboration & merger,
and acquisition are the key strategies adopted by market players. Healthcare
giant such as Boston Scientific Corporation has acquired IoGyn Inc., a
California-based start-up that specializes in products for gynecology surgery
in May 2014 creating a high growth in gynecological devices market.
Comprehensive competitive analysis and
profiles of major market players, such as Boston Scientific Corporation,
Ethicon, Inc., Karl Storz Gmbh & Co. KG, Cooper Surgical, Inc., Hologic,
Inc., Medtronic plc, Olympus Corporation, Stryker Corporation, Richard Wolf
GmbH, and MedGyn Product Inc., is also provided in this report.
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KEY MARKET BENEFITS:
- In-depth analysis of the market is conducted based on
market estimations of the key segments during 20142022.
- Comprehensive analysis of factors that drive and
restrict the growth of the world gynecological devices market is provided
in the report.
- Exhaustive analysis of the world gynecological devices
market by product helps understand the different aspects of gynecological
devices that are currently used along with the variants that would gain
prominence in the future.
- Competitive intelligence of leading manufacturers and
distributors of gynecological devices interpret the competitive scenario
across various geographies.
- Analysis of current research and clinical developments
within gynecological devices is provided with key market dynamic factors
to predict the behavior of the market.
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