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Vasectomy Market Projected to Reach 24.0 Billion at 7.1% CAGR Till 2023 | Global Key Players – Pfizer, Inc., Abbott, GlaxoSmithKline plc, Sanofi S.A., Novartis AG, Bayer AG, Bristol Myers Squibb Company

08-31-2018 01:26 PM CET | Health & Medicine

Press release from: Market Research Future

Vasectomy Market Projected to Reach 24.0 Billion at 7.1% CAGR

World Vasectomy Market report titled “Vasectomy Market Research Report – Forecast to 2023” is an expert analysis report explores the market by Research Methodology, Segmentation, Key Players, and Major Region in-depth.

Market Highlights of Global Vasectomy Market

Vasectomy is male sterilization surgery, which involves severing the male vas deferens to prevent sperm from entering into the urethra. It is a permanent procedure of preventing fertilization as reversal is costly and often does not restore the male's fertility. Most vasectomy patients can resume their sexual behavior within a week with little or no discomfort.

Vasectomies is performed by several methods such as open or conventional vasectomy, no-scalpel techniques or minimal invasive technique. The advancement in the minimal invasive procedure has resulted in the falling rates for open ended surgery.

The advantages of minimal invasive surgical procedures such as low hospital stay, low trauma and surgical footprint, less pain has resulted in greater demand for minimal invasive procedures and thus, greater acceptance.

Major Players for Global Vasectomy Market

• Pfizer, Inc.,
• Abbott,
• GlaxoSmithKline plc,
• Sanofi S.A.,
• Novartis AG,
• Bayer AG,
• Bristol Myers Squibb Company,
• Eli Lilly and Company, Inc.,
• Accurate Surgical & Scientific Instruments Corporation,
• Sklar Surgical Instruments,
• Advanced Meditech International

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Increasing demand due to growing population and male female equality, side effects of female contraception such as risk of cancer, hormonal disturbances, osteoporosis, rise in body weight etc., high safety profile of vasectomy and its simplicity over tubectomy such as lower cost, low rates of infection, simplicity and less hospital stay etc. and others are major drivers of the market.

The market restraints are the complications such as risk of bleeding, infections etc., lack of awareness, issues of male supremacy coupled with the non-reversible nature of vasectomy, social taboo, especially, in the developing regions and others.

Market development is another strategy for as there is a large unmet need in the developing regions such as India and China. Cost of the product will be a decisive factor in the developing regions such as Asia Pacific and, especially, Africa.

Regional Analysis of Global Vasectomy Market

The Americas accounts for a significant market share owing to high expenditure on the health care, especially, of the U.S. and Canada. Additionally, the greater number of vasectomies due to greater male female equality in the U.S. and Canada drives the vasectomy market.

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Segmentation for Global Vasectomy Market

The global vasectomy market has been segmented on the basis of type, drug, patient, and end user. Based on the type, the market has been segmented as conventional vasectomy, no-scalpel vasectomy, and minimally invasive vasectomy.

Based on the drug, the market has been segmented as anesthetics, pain killers, antibiotics, and others. Based on the patient, the market has been segmented as humans, and animals.

Based on the end user, the market has been segmented as hospitals and clinics, research and academics, and others.

Major Points form Table of Content of Global Vasectomy Market

Chapter 1. Report Prologue
Chapter 2. Market Introduction
Chapter 3. Research Methodology
Chapter 4. Market Dynamics
Chapter 5. Market Factor Analysis
Chapter 6. Global Vasectomy Market, By Type
Chapter 7. Global Vasectomy Market, By Treatment
Chapter 8 Global Vasectomy Market, By End User
Chapter 9. Global Vasectomy Market, By Region
Chapter 10 Company Landscape
Chapter 11 Company Profiles
Chapter 12 MRFR Conclusion
Chapter 13 Appendix

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About US:

Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
Phone: +1 646 845 9312
Email: sales@marketresearchfuture.com

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