The Hysteroscopy Instruments Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the Hysteroscopy Instruments Market is estimated to be USD 1.30 billion in 2017 and predicted to rise to USD 1.89 billion by 2022 with a CAGR of 7.80%. The market is segmented by Product (Handheld Instruments (Forceps, Scissors, Dilators, Other Handheld Instruments), Hysteroscope (Rigid, Flexible), Resectoscope (Unipolar, Bipolar), Hysterosheaths, Hysteroscopic Tissue Removal Systems), Usability (Reusable Instruments, Disposable Instruments), Application (Diagnostic, Operative), and End User (Hospital, Clinic, Ambulatory Surgery Centers). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.
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.
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, Hysteroscope, Resectoscope, Hysterosheaths, and Hysteroscopic 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. Diagnostic hysteroscopy segment is expected to witness the highest growth rate in the coming years. The growing number of cases of uterine abnormalities is a key factor driving the demand for diagnostic hysteroscopy. On the basis of End User, the market is segmented into Ambulatory Surgery Centers, Hospital, and Clinic.
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. The high growth in this market is attributed to the rising government initiatives for the modernization of healthcare infrastructure, large population base, growing incidence of gynecological diseases, focus on research activities in the field of gynecology therapeutics and strategic expansion of major players in this region are driving the growth in the Asian region.
The market is dominated by companies like KARL STORZ, Olympus, Richard Wolf, Stryker, Hologic, Medtronic, Ethicon, B. Braun, Boston Scientific, MedGyn Products, CooperSurgical, Cook Medical, Medicon, Maxer Medizintechnik, and Hospiline Equipments.
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