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  • Published In : Sep 2019
  • Code : CMI152
  • Pages :185
  • Formats :
      Excel and PDF
  • Industry : Medical Devices

Gynecological devices are used for treatment of pre-cancerous conditions of the cervix, cysts, genital warts, endometriosis and fibroid tumor disease. Lasers and energy-based devices are used for treatment of obstetric and gynecological conditions. The endometrial ablation devices are used to remove unnecessarily grown body tissue. Digital imaging systems include MRI scans, ultrasound scan, CT scan, mammography, and others.

Moreover, gynecological examination chairs makes conditional screening less cumbersome for the gynecologist. Such innovative devices have augmented the gynecological devices market growth. Growing incidence of gynecological conditions such vaginitis, endometriosis, and uterine fibroids are expected to generate demand for gynecological devices in hospitals and surgical centers. Cervical cancer is one of the most prevalent conditions among women worldwide.

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

GYNECOLOGICAL DEVICES MARKET

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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 - Restraints

Stringent rules and regulations associated with approval of products is expected to hamper growth of the global gynecological devices market over the forecast period. For instance, in 2018, energy based device radiofrequency or laser that have received FDA clearance for general gynecologic indications, but not limited to, the destruction of abnormal or pre-cancerous cervical or vaginal tissue and condylomas (genital warts).

Global Gynecological Devices Market - Regional Insights

On the basis of region, the global gynecological devices market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to hold a dominant position in the global gynecological devices market during the forecast period, owing to rising prevalence of sexually transmitted diseases in the U.S. For instance, according to the Centre for Disease Control and Prevention (CDC) 2017, around 45% of the patients in the U.S. with Chlamydia, a sexually transmitted disease, were in the age group of 20 and 24, in 2016.

The market in Asia Pacific is expected to gain momentum during the forecast period, owing to increasing initiatives by regional governments towards gynecological disorders. For instance, Pradhan Mantri Surakshit Matritva Abhiyan (PMSMA) initiated by the Ministry of Health and Family Welfare of India in 2016 is focused on reduction of maternal and infant mortality rates through safe pregnancies and deliveries. This programme supports around 30million pregnant women across the India by providing special, free antenatal care. The main aim of the programme is to detect and prevent high-risk pregnancies.

Global Gynecological Devices Market Value (US$ Mn) & Y-o-Y Growth (%), 2017-2027

GYNECOLOGICAL DEVICES MARKET

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 Source: Coherent Market Insights Analysis (2019)

Global Gynecological Devices Market - Competitive Landscape

Key players operating in the 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.

Frequently Asked Questions

The global gynecological devices market is estimated to surpass US$ 16,413.5 Million by 2027.

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.

Among device type, gynecological endoscopy devices sub-segment is expected to account for a major revenue share in 2027.

Rising incidence of gynecological conditions such as vaginitis, endometriosis, and uterine fibroids is one of the major factors that is expected to propel growth of the market over the forecast period

The global gynecological devices market is estimated to exhibit a CAGR of 8.0% during the forecast period.

Among regions, North America is expected to hold dominant position in the global gynecological devices market during the forecast period.

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