Tuesday, 28 March 2023

Gynecological Devices Market to Penetrate Untapped Regions During 2022 to 2030: Grand View Research Inc.

 Gynecological Devices Market Growth & Trends

The global gynecological devices market size is expected to reach USD 18.1 billion by 2030, according to a new report by Grand View Research. It is expected to register a CAGR of 8.62% from 2022 to 2030. The rising women population, growing awareness regarding early diagnosis, and available treatments for gynecological disorders are anticipated to boost the growth of the industry. The rising adoption of gynecological procedures is estimated to boost product demand over the forecast period. According to the National Center for Health Statistics, in the U.S., cesarean deliveries accounted for 31.8% of the total deliveries in 2020 when compared with vaginal deliveries. A rise in the number of these procedures, increasing awareness, and growing disposable income are expected to drive the industry.

Early disease detection is imperative in devising treatment schedules. Pertinent government and regulatory agencies in collaboration with the above factors are now focusing majorly on improving patient awareness regarding reproductive and women’s health. This is expected to boost the growth of the industry during the forecast period. Furthermore, the COVID-19 pandemic has adversely affected the industry owing to the cancelation and postponement of elective surgeries, and a reduction of visits of the patients for gynecological surgeries. The demand for gynecological devices increased in the second half of 2020 with the ease of restrictions. The adoption of telehealth and technological advancements is expected to increase product demand during the forecast period.

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Gynecological Devices Market Report Highlights

  • The surgical devices product segment held the largest revenue share in 2021 due to the recurring purchase of disposable products and the high cost of surgical devices
  • In 2021, the endoscopy devices segment held the largest revenue share. This is due to the availability of advanced products, such as 3D endoscopes, and the adoption of Artificial Intelligence (AI)
  • The hospitals & clinics end-user segment dominated the global industry in 2021 owing to the easy access and high volume of gynecological surgeries performed in hospitals & clinics
  • North America held the largest revenue share in 2021 due to advanced healthcare infrastructure, availability of skilled professionals, and introduction of innovative technologies
  • Asia Pacific is expected to witness significant growth during the forecast period. A surge in procedure volumes, due to the rising awareness regarding gynecological health, post-menopausal conditions, and issues concerning pregnancy, is expected to drive the region’s growth

Access Press Release@ https://www.grandviewresearch.com/press-release/global-gynecological-devices-market

Gynecological Devices Market Segmentation

Grand View Research has segmented the global gynecological devices market on the basis of product, end-user, and region:

Gynecological Devices Product Outlook (Revenue, USD Million, 2017 - 2030)

  • Surgical Devices
    • Gynecological Endoscopy Devices
      • Hysteroscope
      • Colposcope
      • Resectoscope
      • Laparoscope
      • Endoscopic Imaging Systems
    • Endometrial Ablation Devices
      • Hydrothermal Ablation Devices
      • Radiofrequency Ablation Devices
      • Balloon Ablation Devices
      • Others (Microwave, Laser)
    • Fluid Management Systems
    • Female Sterilization/Contraceptive Devices
      • Permanent Birth Control
      • Intra Uterine Devices (IUD)
      • Intravaginal Rings
      • Subdermal Contraceptive Implants
    • Handheld Instruments
      • Vaginal Speculum
      • Tenaculum
      • Curettes
      • Trocars Market
      • Biopsy Forceps
      • Others
    • Diagnostic Imaging Systems

Gynecological Devices End-use Outlook (Revenue, USD Million, 2017 - 2030)

  • Hospital & Clinics
  • Ambulatory Surgery Centers (ASCs)

Gynecological Devices Regional Outlook (Revenue, USD Million, 2017 - 2030)

  • North America
    • US.
    • Canada
  • Europe
    • UK.
    • Germany
    • France
    • Italy
    • Spain
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
  • Latin America
    • Mexico
    • Brazil
    • Argentina
  • Middle East & Africa (MEA)
    • South Africa
    • Saudi Arabia
    • UAE

List of Key Players of Gynecological Devices Market

  • Medtronic Plc
  • Cooper Surgical, Inc.
  • Richard Wolf GmbH
  • Hologic, Inc.
  • Boston Scientific Corp.
  • Stryker Corp.
  • Karl Storz GmbH & Co. KG
  • Ethicon, Inc. (Johnson & Johnson MedTech)
  • Cook Medical
  • Bayer AG
  • Gynemed
  • Gynex Corp.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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