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According to Stratistics MRC, the Gynaecological Devices Market is accounted for $9.44 billion in 2022 and is expected to reach $17.30 billion by 2028 growing at a CAGR of 10.6% during the forecast period. Gynecology is a field of research that focuses on issues with female reproductive systems, including the vagina, ovaries, and uterus, as well as female breasts. Increased gynaecological problems are caused by an increase in the population and the way of life of women. Gynecological devices are those that are used to treat and identify these illnesses.
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.
Market Dynamics:
Driver:
Increasing gynecological disorders
The global Gynaecological Devices market expected to drive growth during the forecast period. Gynecology Devices Market growth is being driven by the rising incidence of gynaecological disorders like cervical cancer, ovarian cancer, uterine cancer, and vaginal cancer worldwide. Over 90% of cervical cancer deaths occur in low- and middle-income countries, according to the World Health Organization. One type of cancer that is treatable and preventable is cervical cancer. Human papillomavirus (HPV) vaccination helps prevent and effectively treat cervical cancer early detection. Consequently, the rise in gynaecological problems and the simplicity of prevention and therapy are motivating women to seek diagnosis and care.
Restraint:
Stringent rules and regulations
The global Gynaecological Devices market expected to hinder growth during the forecast period, due to the strict rules and regulations connected with product clearance. For example, in 2018, energy-based devices such as laser or radiofrequency that have obtained FDA clearance for general gynecologic applications, including but not limited to the destruction of aberrant or precancerous cervical or vaginal tissue and condylomas (genital warts).
Opportunity:
Robotics use in gynaecological devices
The global Gynaecological Devices market expected to drive growth during the forecast period. One type of computer system that facilitates surgery is robotics. The demand for a wide variety of surgical devices rises as a result of skilled gynaecologists using robotics. Modern robotic technology can be used to successfully treat cancer and other gynaecological conditions. Additionally, in order to boost revenues, makers of medical devices are devoted to utilising robotic operations. As a result, the market for gynaecological devices is anticipated to rise due to the quick adoption of automation technologies like robots in the treatment of gynaecological illnesses.
Threat:
High cost
The global Gynaecological Devices market expected to hamper growth during the forecast period. The high cost of treatment, lack of skilled or trained physicians, and poor healthcare system in low and middle-income countries may hamper the growth of the market.
Covid-19 Impact:
The gynecology market was severely impacted by COVID-19, as the majority of gynecological procedures are considered elective. For example, in the assisted reproductive technology (ART) market, the majority of countries stopped treatments with the exception of fertility preservation for oncology patients. Most countries restarted treatments following the easing of lockdown restrictions. Restarting ART treatments was seen as a priority in most countries due to the time-sensitive nature of infertility and the long-term impact this could have on population growth.
The hospitals & clinics segment is expected to be the largest during the forecast period
The hospitals & clinics segment is expected to have a lucrative growth, due to growing interest in gynaecological surgery as well as the use of cutting-edge technology in hospitals and clinics. Modern surgical alternatives are practical and provide a better experience.
The diagnostic imaging systems segment is expected to have the highest CAGR during the forecast period
The diagnostic imaging systems segment is anticipated to witness the fastest CAGR growth during the forecast period, due to increasing number of pregnancies worldwide, both intentional and unintended. According to the United Nations Population Fund, around 121 million conceptions each year—or almost 50% of all pregnancies worldwide—are unplanned. Pregnancy-related conditions are investigated and determined using imaging methods such ultrasound, computed tomography (CT), magnetic resonance imaging (MRI), and plain radiography.
Region with highest share:
The North America region market is estimated to witness a highest share of the global Gynaecological devices market during the forecast period, because there is a strong healthcare infrastructure, more people are aware that diagnostic tests and treatments are available, and there is a well-developed system for reimbursement. Additionally, increased gynaecological surgery demand, the incidence of female reproductive problems, and technical improvements in gynaecology equipment are the main factors driving market expansion in the US.
Region with highest CAGR:
Asia Pacific is projected to have the highest CAGR over the forecast period, due to rising awareness regarding family planning and birth control due to government initiatives to control the growing population is expected to propel the product demand in the region. Moreover, China is among the countries having birth control policies. The rising prevalence of gynecological disorders coupled with rising surgical procedures is expected to foster the growth of the market in the region.
Key players in the market
Some of the key players in Gynaecological Devices Market include Amul, Sargento Food Inc, Sangam Paneer, Pierre's Ice Cream Company, Fonterra Dairying Company, Kraft Foods H.J. Heinz Company LLC., Arla food, Chobani, LLC, Cabot Creamery, BelGioioso Cheese, Inc.
Key Developments:
In September 2022, Olympus, a global technology leader in designing and delivering innovative solutions for medical and surgical procedures, launched the Guardenia Contained Extraction System. Guardenia is the latest innovation in their contained tissue extraction product portfolio for gynecological procedures and is manufactured by Advanced Surgical Concepts (ASC) Ltd. of Bray, Ireland.
In June 2022, UroViu Corp launched the new Hystero-V, a single-use hysteroscope compatible with UroViu's Always Ready endoscopy platform. The 12-Fr, semi-rigid, Hystero-V features a hydrophilic coating enabling gentle insertion and superior visualization for highly effective intra-uterine examinations.
In September 2021, Ethicon launched industry’s first powered circular stapler for colorectal, gynecological, gastric, and thoracic surgery. It helps address a serious complication associated with colorectal and gastric surgery. The Echelon Circular Powered Stapler reduces leaks by 61% at the staple line, compared to Medtronic’s DST Series Eea Stapler.
Products Covered:
• Gynecological Endoscopy Devices
• Endometrial Ablation Devices
• Fluid Management Systems
• Female Sterilization/ Contraceptive Devices
• Handheld Instruments
• Diagnostic Imaging Systems
End-users Covered:
• Hospitals & Clinics
• Ambulatory Surgery Centers
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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