Vasectomy Market 2023 Opportunities, Manufacturers, Demands, Market Share and Growth by Regional Analysis 2019

Market Overview

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 behaviour 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.

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Segmental Analysis:

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.

Competitive Analysis:

Some of the key players profiled in the report are 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 and others..

Regional Analysis:

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. The high concentration of the major hospitals in the developed countries of this region coupled with good reimbursement rates is adding fuel to the market growth. Moreover, the large share of surgeries in the returns of hospitals favors the market. Canada has a higher rate of people undergoing vasectomies than the U.S.

Europe is the second largest market in the world due to growing pharmaceutical and industrial base. The European market growth is led by countries such as Germany and France. Germany is expected to be the fastest growing market over the assessment period

And Many More

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