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Hysteroscopy Instruments Market Growth at CAGR of 7.8%, 2018-2023 - Latest Challenges and Trends

11-26-2018 10:40 AM CET | Health & Medicine

Press release from: Market Data Forecast

Hysteroscopy Instruments Market Growth at CAGR of 7.8%,

Hysteroscopy Instruments Market Overview

Hysteroscopy is a procedure that involves the doctor examining the uterus using a hysteroscopy, a thin, lighted tube that is inserted into the vagina to examine the cervix and inside of the uterus in order to diagnose and treat causes of abnormal bleeding.

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Growing female geriatric population and increasing number of cases of gynecological diseases, increasing adoption of minimally invasive treatments, implementation of favorable government initiatives, and the rising adoption of office hysteroscopy are driving the growth of the hysteroscopy instruments market. On the other hand, market growth may be limited to a certain extent due to the availability of alternative options for diagnosis and treatment of gynecological conditions, and side effects associated with the usage of hysteron scopes.

Hysteroscopy Instruments Market Forecast Report (2018-2023)

Hysteroscopy Instruments market is anticipated to grow at 7.80% CAGR from 2018 to 2023 and it is estimated that the global market was valued at USD 1.4 billion in 2018 and is expected to reach USD 2.04 billion by 2023.

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Hysteroscopy Instruments Market Segmentation

The global Hysteroscopy Instruments market is segmented on the basis of Product, Usability, Application and End User. On the basis of Product, the market is segmented into Handheld Instruments, Hysteroscopy, Resectoscope, Hysterosheaths, and Hysteroscopy Tissue Removal Systems. The Handheld instruments segment is further sub-segmented into Forceps, Scissors, Dilators, and Other Handheld Instruments. The hysteroscopes segment is anticipated to account for the major share of this market segment. The increasing number of cases of gynecological diseases and the growing female geriatric population are the major factors driving the growth of the market. On the basis of Usability, the market is segmented into Reusable Instruments and Disposable Instruments. On the basis of application, the market is segmented into Diagnostic and Operative.

On the basis of geography, the Hysteroscopy Instruments market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East and Africa. North America is expected to account for the major share of the market, followed by Europe. The high growth of the North American market is attributed to the factors such as technological innovations, increasing healthcare spending, increasing government initiatives to create awareness regarding women’s health, and the increasing incidence of gynecological diseases in that region. Asia Pacific is expected to grow at the highest CAGR during the forecast period.

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Major Players:

The major companies dominating this market for its products and services are

KARL STORZ,
Olympus,
Richard Wolf,
Stryker,
Hologic,
Medtronic,
Ethicon,
B. Braun,
Boston Scientific,

MedGyn Products,
CooperSurgical,
Cook Medical,
Medicon,
Maxer Medizintechnik,
Hospiline Equipments.

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About Us

Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

For more information:

Abhishek Shukla

Sales Manager at Market Data Forecast

Email: abhishek@marketdataforecast.com

Tel: +1-888-702-9626

Website: www.marketdataforecast.com

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