Global Hysteroscopes Market: Preference for Minimally Invasive Surgeries Fuelling Growth

A new research report titled “Hysteroscopes Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025” has been added to the comprehensive repository of Market Research Reports Search Engine (MRRSE). According to the report, the global hysteroscopes market is likely to grow at a CAGR of 6% during the assessment period 2017-2025 and surpass US$ 3.5 Bn in revenues.

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The report offers holistic insights and analysis on the leading factors that are driving demand for hysteroscopes globally. In addition to presenting a comprehensive overview on the business and product strategies of the major players in the market, the report also includes detailed analysis on the market dynamics shaping the landscape. Readers can expect a wealth of information on all the important factors that are shaping the global hysteroscopes market during the assessment period.

According to the report, demand for hysteroscopes is growing on account of growing focus on minimally invasive procedures. Across the healthcare domain, preference for hysteroscopes is growing at a brisk pace, on account of their use in bringing down the total cost of post operation complications, and reducing the duration of hospital stays. In addition to the industry-specific factors, demand for hysteroscopes is likely to grow on account of rising investments in healthcare in developing countries.

The report has segmented the market on the basis of product type into rigid hysteroscopes and flexible hysteroscopes. The key application segments include surgical and diagnostic. The key end-use segments in the market include gynecology clinics, ambulatory surgical centers, and hospitals. Among these, demand for hysteroscopes is the highest in the hospital end-use segment. The cost of carrying out gynecological procedures is comparatively lower in hospitals, and this is one of the key factors that is fuelling demand in this end-use segment.

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The report also offers a lucid region-wise analysis, segmenting the market into North America, Asia Pacific, Middle East, Latin America, and Europe. According to the report, demand for hysteroscopes is substantial in North America, with demand concentrated in the US. Favorable healthcare policies, combined with growing awareness among healthcare professionals and patients is likely to promote the growth of the market in the US during the assessment period.

In addition to North America, Asia Pacific is likely to emerge as a lucrative market for hysteroscopes globally. The rising middle class population in Asia Pacific is ramping up demand for quality healthcare practices in the region, and this is likely to provide an impetus to growth.

Some of the leading players in the hysteroscopes market include MEDTRONIC, Olympus Corporation, Stryker, B. Braun Melsungen AG, and MedGyn Products, Inc.

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This release was published on openPR.