Global Gynecology Surgical Devices Market Anticipated to Surge at a CAGR of 3.17% by 2021

Published on : Apr 25, 2017

Albany, New York, April 25, 2017: The need for minimally invasive surgical devices has existed for a long time now, which has favorably boosted the demand for gynecology surgical devices in the hospitals and fertility and specialty gynecology clinics. A new forecast report, focusing on the future growth prospects of gynecology devices has been recently broadcasted to the mega-repository of Market Research Hub (MRH) with a title of “Global Gynecology Surgical Devices Market 2017-2021”. This study analyzes the market growth by way of study, synthesis and summation of data from various sources. 

For the better understanding of the market, the study provides a precise analysis of the market in terms of revenue and emerging trends and factors prompting the market growth. According to the study findings, the global gynecology surgical devices market is all set to grow at a CAGR of 3.17% during the period 2017-2021. Due to increase in the prevalence of gynecological disorders across the globe, the need for these devices has augmented and is seen as a major factor since many years. But, with the time growing hospital investments in gynecology surgical instruments for the better results has increased which has positively influenced the market growth. Currently, the rise in the acceptance of minimally invasive surgical procedures is also considered as a major governing factor which promotes the demand for gynecological devices market, globally.

Geographically, this report also includes an up to date analysis and forecasts for numerous market segments and major geographical regions. Major regions highlighted in the report include APAC, Americas and EMEA. In the initial segment, the research introduces the gynecology surgical devices along with its segmentation analysis on the basis of product type and end-users. There are several advanced devices and technologies used currently to perform complex gynecological procedures and are highly in demand for conditions including, excessive uterine bleeding, ovarian cancer, cervical cancer and others. Moving further, the market has been segmented by product types, which include:

  • Endoscopy devices
  • Fluid management systems
  • Female sterilization and contraceptive devices
  • Ablation systems

Key innovations in surgical devices include the introduction of single port laparoscopic surgery and the Da Vinci robotic platform. With several advantages, such advanced devices are replacing the traditional surgical devices, which as a result will propel the growth of the gynecology surgical devices market in the future. End-users of the gynecology surgical devices market are Hospitals, Fertility and specialty gynecology clinics; and ASCs.

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In terms of geography, the presence of emerging vendors, development in medical tours and changes in reimbursement policies in the Americas, will drive the market growth prospects in coming years. For each region, trending factors influencing the market shares, market opportunities and threats faced by vendors are also highlighted in detail.

In the end, the report includes the competitive landscape analysis and key vendor analysis. Major players operating in the market are CooperSurgical, Boston Scientific, Hologic, Intuitive Surgical, Karl Storz and Thermo Fisher Scientific.

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