Global Gynecology Devices Market was valued at US$2.8 billion in 2017 and is projected to reach US$5.1 billion by 2026, at a CAGR of 7.78% during a forecast period.
Gynecology deals with health issues related to the female reproductive systems such as the vagina, ovaries, and uterus, as well as the female breast. Rising elderly female population and growing prevalence of diseases related to female reproductive systems is one of the major factors driving the global gynecology devices market.
Increasing occurrence of diseases & conditions associated with female reproductive organs such as uterine cancer, cervical cancer, vaginal melanoma, prolonged bleeding, polycystic ovary syndrome and irregular menstrual cycles have mainly increased the demand for gynecological treatments. The growing awareness among women in developing countries about therapeutics for gynecological disorders is fueling the demand for gynecological devices. The number of sexually transmitted diseases and cancers are increasing every year and driving the demand for gynecological treatments and procedures.
Rising population coupled with growing awareness of the availability of a wide range of contraceptives is expected to drive the market growth in the future. However, Surging alternative treatments and lack of expert surgeons are the major factors hampering the gynecology devices market.
The diagnostic imaging systems segment will grow at a rapid pace during the forecast period owing to the increasing vigilance regarding deadly diseases such as breast and cervical cancer. The Diagnostic Imaging Systems segment is divided into MRI, CT, Ultrasound and Others. Magnetic resonance imaging (MRI) is a type of scan that uses strong magnetic fields and radio waves to produce full, comprehensive images. detailed images inside the body.
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Gynecology hand instruments provide treatment for the female reproductive system. The main gynecological hand instruments are forceps & clamps, cervical dilators, vaginal speculums and punches. Pliers & forceps are used for uterus & caesarean section, hysterectomy & other obstetric and gynecological surgeries. To stretch the cervical wall and expand the cervical muscles, cervical dilators are used. Vaginal specula are used in procedures such as papsmear.
To avoid permanent pregnancy, the process of female sterilization is used. It works by blocking the fallopian tubes and is mainly used in developing countries. Gynecological endoscopy is a procedure that allows the examination, diagnosis, & treatment of diseases related to the female reproductive organs. Gynecology endoscopy devices are growing at the highest CAGR of 6.66% during the period, as they are used for examination and diagnosis of gynecology-related diseases such as uterine cancer , cervical cancer, polycystic ovary syndrome and vaginal melanoma.
North America is expected to hold the largest share during the forecast period owing to the availability of reputable healthcare infrastructure, high vigilance regarding available diagnostic tests and amp; treatments and increased reimbursement coverage. The demand for gynecological devices is estimated to increase at a significant rate in the Asia-Pacific region during the forecast period, owing to the increasing prevalence of endometriosis, reproductive disorders, growth & l childbearing age in women and increased awareness of breast cancer & cervical cancer in women.
The major players operating in the global gynecology devices market are CooperSurgical, Inc., Hologic Inc., Boston Scientific Corporation, Ethicon US, LLC, Medtronic, KARL STORZ SE & Co. KG, Stryker, Olympus Corporation, Richard Wolf GmbH and General Electric Company.
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Scope of the Global Gynecology Devices Market:
Global Gynecology Devices Market, By Surgical Device:
Gynecological endoscopy devices
Endometrial ablation devices
Fluid management systems
Female Sterilization & Contraceptive Devices
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Global Gynecology Devices Market, By Hand Instruments:
Other hand instruments
Global Gynecology Devices Market, By Diagnostic Imaging System:
Global Gynecology Devices Market, By End User:
Hospitals & Clinics
Global Gynecology Devices Market, By Region:
Middle East & Africa
Key Players Operating in the Global Gynecology Devices Market:
Boston Scientific Society
Ethicon US, LLC.
KARL STORZ SE & Co. KG
Richard Wolf GmbH
General electricity company