Future Outlook of Obstetrics Devices Market Poised to Achieve CAGR of 7.4% by 2023 | Global Key Players - Boston Scientific, Cooper Surgical, Ethicon, Hologic, Olympus, Richard Wolf GmbH, Stryker

Marketprognosis.com Publish a New Market Research Report On “Global Obstetrics Devices Market 2018 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Obstetrics Devices Market:

The Global Obstetrics Devices Market is expected to register a growth rate of nearly 7.4% during the forecast period, 2018-2023.

Obstetrics devices are associated with delivery / labor devices and differ according to the type of delivery. The rise in assisted deliveries is expected to drive the market for obstetrics devices over the forecast period.

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Rise in preterm birth, obesity, PCOS and other gynecological conditions lead to increased obstetric complications and assisted deliveries. Increasing obesity results in the rise in labor complications and growing number of C-section deliveries. Moreover, the other conditions such as PCOS, and diabetes are also leading to adverse labor conditions heartening the adoption of assisted deliveries around the world. According to the data by Centers for Disease Prevention and Control (CDC) the C-section deliveries accounted for 31.9% of the total births in the United States as of the total birth as of 2017. Hence, the increasing number of C-section deliveries and assisted deliveries are expected to drive the global market over the forecast period.

The stringent regulatory guidelines associated with the safety, efficacy, and accuracy of the obstetrics devices are expected to restrain the market growth. The obstetrics devices are covered under Class II medical devices and have to go through tedious approval procedures. The FDA not only regulates the design and preclinical results but also monitors the accuracy, safety, and efficacy of the obstetrics devices post approval. This is in turn expected to hamper the adoption of obstetrics devices and increase complications in their approval procedures. Hence, impeding the market for obstetrics devices over the forecast period.

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The presence of large prospect patient pool in countries such as India, and China drives the market for obstetrics devices in the Asia-Pacific region. Hence, the region is expected to exhibit lucrative growth rate over the forecast period. The large population base of these countries has encouraged government initiatives to healthy child birth. Hence, increasing awareness regarding healthy, and safe delivery facilities are expected to drive the market in the region. In addition, the awareness about risks associated with improper delivery and rising cases of infant mortality is boosting the market growth. Hence Asia-Pacific is expected to emerge as the fastest growing region in the global market over the forecast period.

Major Key Players:

1 Boston Scientific Corporation

2 Cooper Surgical

3 Ethicon Inc.

4 Hologic Inc.

5 Karl StorzGmbH & Co. KG

6 Medtronic PLC

7 Olympus Corporation

8 Richard Wolf GmbH

9 Stryker

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What is driving this market?

4 What are the challenges to market growth?

5 Who are the key vendors in this market space?

6 What are the market opportunities and threats faced by the key vendors?

7 What are the strengths and weaknesses of the key vendors?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Obstetrics Devices Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Key Inferences

5 Market Overview

6 Drivers, Restraints, Opportunities and Challenges Analysis (Droc)

7 Market Segmentation

8 Competitive Landscape

9 Key Players

10 Future Outlook of the Market

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