Global Gynecological Devices Market, By Product Type (Gynecological Endoscopy Devices, Endometrial Ablation Devices, Fluid Management Systems, Female Sterilization and Contraceptive Devices, Hand Instruments, Diagnostic Imaging Systems, Software), End User (Hospitals, Diagnostic Centers, Others) – Industry Trends and Forecast to 2029.
Gynecological Devices Market Analysis and Size
Gynecology devices are tools which are used exclusively in gynaecological procedures such as assisted reproduction, uterine fibroid remobilization, hysteroscopy, colposcopes, pelvic floor electrical stimulation, female sterilisation, endometrial resection, fluid management, pelvic organ prolapsed repair, and more. Speculum is one of the most common tool in gynaecologic care. The vaginal speculum plays an important role in diagnosing and monitoring the overall women’s reproductive health conditions.
Data Bridge Market Research analyses that the gynecological devices market which was USD 14.2 billion in 2021, would rocket up to USD 25.14 billion by 2029, and is expected to undergo a CAGR of 7.4% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Gynecological Devices Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (Gynecological Endoscopy Devices, Endometrial Ablation Devices, Fluid Management Systems, Female Sterilization and Contraceptive Devices, Hand Instruments, Diagnostic Imaging Systems, Software), End User (Hospitals, Diagnostic Centers, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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Boston Scientific Corporation (U.S.), CooperSurgical, Inc (U.S.), Medical Devices Business Services, Inc (U.S.), Hologic, Inc. (U.S.), Medtronic (Ireland), Olympus Corporation (Japan), Richard Wolf GmbH (Germany), Stryker (U.S.), KARL STORZ (India), MEDGYN PRODUCTS, INC (U.S.), General Electric (U.S.), Fotona (U.K.), Terumo Corporation (Japan), Siemens (Germany) and Baxter (U.S.)
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Market Opportunities
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Market Definition
Gynecology is a study that deals with health problems associated with the female reproductive system such as the ovaries, vagina, and uterus, as well as the female breast. Growing women's population and lifestyle lead to rise in various gynecological-related illnesses. The devices used to treat and diagnose these diseases are called gynecological devices. Gynecological devices refer to monitoring and surgical devices used for gynecological conditions and disorders such as fluid management, gynecological endoscopy, endometrial ablation and contraceptive devices.
Global Gynecological Devices Market Dynamics
Drivers
- Robotics use in gynaecological devices
Robotics is one instance of a computer system that aids in surgery. The use of robotics by trained gynaecologists increases the demand for a wide range of surgical instruments. Cancer and other gynaecological disorders can be successfully treated with cutting-edge robotic technology. Furthermore, medical device manufacturers are committed to harnessing the power of robotic operations to increase profits. As a result, the rapid adoption of automation technologies such as robotics in the treatment of gynaecological diseases is expected to drive the growth of the gynecological devices market.
- Rise in incidence of gynecological diseases
Uterine cancer, cervical cancer, polycystic ovary syndrome, and ovarian cancer are all types of gynaecological disorders. According to the Institute for Health Metrics and Evaluation (IHME), approximately 8,640 deaths were caused by gynaecological diseases in 2019, with 37% of the female population worldwide living with these diseases. Endometrial cancer, is the most common cancer of the female reproductive system in the United States. In the United States, uterine cancer is the sixth most common cancer in women. As a result, rising gynaecological disorders are expected to drive growth in the global gynaecological devices market.
Opportunities
- Government initiatives
Rising awareness about family planning and birth control as a result of government initiatives to control the region's growing population is expected to drive product demand in the region. According to UN Population Facts, the need for modern contraception among women of reproductive age was around 90.1% in 2019 and is expected to remain constant until 2030. Furthermore, China is one of the countries with birth control policies. The rising prevalence of gynaecological disorders, combined with an increase in surgical procedures, is expected to drive market growth in the region. According to a study published in the journal Gynecology and Pelvic Medicine, approximately 13,934 gynaecological surgeries were performed in the Department of Gynecology in China in 2019.
Restraints/Challenges
- Strict regulatory approval procedures
Strict regulatory approval procedures to ensure safety of the products will obstruct the market's growth rate.
- Rising concerns about the safety of pelvic organs
During the forecast period, concerns about the safety of pelvic organ prolapse are expected to impede the market growth. In Europe, vaginal mesh should be used only in complex cases where there are no alternative treatments. The general negative perception of litigation, regulatory scrutiny, and the use of meshes may limit the growth of pelvic organ prolapse and the market as a whole.
This gynecological devices market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the gynecological devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on the Gynecological Devices Market
COVID-19 had a significant impact on the global gynaecological devices market because most gynaecological procedures are considered selective. In the assisted reproductive technology (ART) market, treatment is being phased out in most countries, with the exception of fertility preservation for cancer patients. After the blockade restrictions were lifted, most countries resumed treatment which will drive the growth of the market in the post-COVID time as well.
Recent developments
- In May 2021, Hologic Inc. acquired Biotheranostics, a company that created two highly differentiated molecular diagnostic tests for breast and metastatic cancers. Cancer TYPE ID and the Breast Cancer Index (CTID). According to the National Cancer Network (NCCN) and the American Society of Clinical Oncology, the Breast Cancer Index predicts which early-stage hormone receptor-positive (HR +) breast cancer patients are likely to benefit from long-term endocrine therapy (ASCO).
- In September 2021, The first electric circular stapler for colorectal, gynaecological, gastric, and chest surgery was introduced by Ethicon. Aids in the treatment of serious complications associated with bowel and stomach surgery. Furthermore, when compared to Medtronic's DST series Eea Stapler, the Echelon Circular Powered Stapler reduces staple line leaks by 61%.
Global Gynecological Devices Market Scope
The gynecological devices market is segmented on the basis of product type, end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Gynecological Endoscopy Devices
- Hysteroscope
- Colposcope
- Resectoscope
- Laparoscope
- Endoscopic imaging systems
- Endometrial Ablation Devices
- Hydrothermal Ablation Devices
- Radiofrequency Ablation Devices
- Balloon Ablation Devices
- Others
- Microwave
- Laser
- Fluid Management Systems
- Female Sterilization/Contraceptive Devices
- Permanent Birth Control
- Intra Uterine Devices (IUD)
- Intravaginal rings
- Subdermal Contraceptive Implants
- Handheld Instruments
- Vaginal Speculum
- Tenaculum
- Curettes
- Trocars Market
- Biopsy Forceps
- Others
- Diagnostic Imaging Systems
End User
- Hospitals
- Diagnostic Centers
- Others
Gynecological Devices Market Regional Analysis/Insights
The gynecological devices market is analysed and market size insights and trends are provided by country, product type, end-user as referenced above.
The countries covered in the gynecological devices market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the gynecological devices market because of the increasing demand and adoption of new and improved gynecological therapies in the region.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 due to the growing government investments in healthcare sector.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The gynecological devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for gynecological devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the gynecological devices market. The data is available for historic period 2010-2020.
Competitive Landscape and Gynecological Devices Market Share Analysis
The gynecological devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to gynecological devices market.
Some of the major players operating in the gynecological devices market are:
- Boston Scientific Corporation (U.S.)
- CooperSurgical, Inc (U.S.)
- Medical Devices Business Services, Inc (U.S.)
- Hologic, Inc. (U.S.)
- Medtronic (Ireland)
- Olympus Corporation (Japan)
- Richard Wolf GmbH (Germany)
- Stryker (U.S.)
- KARL STORZ (India)
- MEDGYN PRODUCTS, INC (U.S.)
- General Electric (U.S.)
- Fotona (U.K.)
- Terumo Corporation (Japan)
- Siemens (Germany)
- Baxter (U.S.)
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