Press release
Gynecology Devices Market to 2025 | Key Player With SWOT Analysis and Market Strategies -CooperSurgical, Inc., Hologic Inc., Boston Scientific Corporation, Ethicon US, LLC., Medtronic, KARL STORZ SE & Co. KG, Stryker, Olympus Corporation, Richard Wolf Gmb
The market is witnessing a potential growth rate during the previous years and is expected to witness similar trend in the coming years. With an increase in focus on women healthcare, the growth of the market is significantly determined by increasing gynecological issues among women and growing awareness about treatment for these disorders. Moreover, number of initiatives taken by the government and non-government organizations towards women and child health further back up the growth of the market in developing regions across the globe.The gynecology devices market is estimated to grow at a CAGR of 15.6% during the forecast period from 2018 to 2025. The market for gynecology devices is estimated to reach US$ 28,417.9 Mn in 2025.
Gynecology devices include devices such as diagnostic imaging devices, surgical devices, fluid management systems, female sterilization and contraceptives and other devices for diagnosis and treatment of various disease among women.
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Major Players Operating in the Market
The major players operating in the market of gynecology devices market include CooperSurgical, Inc., Hologic Inc., Boston Scientific Corporation, Ethicon US, LLC., Medtronic, KARL STORZ SE & Co. KG, Stryker, Olympus Corporation, Richard Wolf GmbH, General Electric Company and others.
In our study, we have segmented the gynecology devices market by type. Based on type, global gynecology devices market is segmented as surgical devices, instrument and diagnostic imaging system. Surgical devices is further segmented into gynecological endoscopy devices, endometrial ablation devices female sterilization and contraceptives and fluid management systems. Gynecological endoscopy devices is further segmented into colposcopes, hysteroscopes, resectoscopes and others. Endometrial ablation devices is further segmented into radiofrequency endometrial ablation devices, hydrothermal endometrial ablation devices and others. Female sterilization and contraceptives is further segmented into intrauterine devices and others. Instrument is further segmented into vaginal speculum, tenaculum, curettes and others. Diagnostic imaging system is further segmented into mammography, ultrasound and others. Geographically, the market for gynecology devices is segmented into North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South and Central America (S&CAM).
The market for gynecology devices is well established in North America region, especially in the US and Canada. According to the Centers for Disease Control and Prevention (CDC), in the US, 65.3% of women aged 40 and over had a mammogram within the past 2 years, while mammograms was ordered or provided for 22.9 million and 3.0 million physician office and hospital outpatient department visits respectively. The market is expected to witness growth at a rapid rate in Asia Pacific during the forecast period due to increasing number of surgical procedures in hospitals and ambulatory surgical centers and progressive growth of medical device industry.
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Reason to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the gynecology devices market.
-Highlights key business priorities in order to assist companies to realign their business strategies.
-The key findings and recommendations highlight crucial progressive industry trends in the global gynecology devices market, thereby allowing players across the value chain to develop effective long-term strategies.
-Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
-Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
-Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution
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