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Hysteroscopy Instruments Market: Growth in Female Geriatric Population and Rising Incidence of Gynecological Diseases

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kriti singh
Hysteroscopy Instruments Market: Growth in Female Geriatric Population and Rising Incidence of Gynecological Diseases

Growth in female geriatric population and rising incidence of gynecological diseases, the increasing adoption of minimally invasive treatments, increasing adoption of office hysteroscopy, and technological advancements are the major factors driving the growth of hysteroscopy instruments market.

How much is the Hysteroscopy Instruments Market worth?

MarketsandMarkets forecasts the hysteroscopy instruments market is expected to reach USD 1.89 Billion by 2022 from USD 1.23 Billion in 2016, growing at a CAGR of 7.8% during the forecast period. 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 are driving the growth of this market. North is expected to register the highest growth rate during the forecast period mainly due to rising an aging and diabetes-prone population.

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Hysteroscopes expected to dominate the market in 2017

Based on type, the hysteroscopy instruments market is segmented into handheld instruments, hysteroscopes, resectoscopes, hysterosheaths, fluid management systems, and tissue removal systems. In 2017, the hysteroscopes segment is expected to account for the largest share of the hysteroscopy instruments market. The rising incidence of gynecological diseases and the increasing female geriatric population are the major factors driving the growth of the market.

Based on applications, the diagnostic hysteroscopy segment is projected to grow at the highest CAGR during the forecast period.

By applications, the hysteroscopy instruments market is segmented into diagnostic hysteroscopy and operative hysteroscopy. The diagnostic hysteroscopy segment is expected to grow at the highest rate during the forecast period. The increasing incidence of uterine abnormalities is a major factor driving the demand for diagnostic hysteroscopy.

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North America to dominate the hysteroscopy instruments market

This report covers the market across four major geographies, namely, North America, Europe, Asia-Pacific, and the Rest of the World (RoW). Of the four geographic regions studied in the report, North America is expected to factors such as technological innovations, increasing healthcare spending, government initiatives to create awareness regarding women’s health, and increasing incidence of gynecological diseases.

Geographically, the Hysteroscopy Instruments market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Asia 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.

Leading Companies

The major players in the market include KARL STORZ (Germany), Olympus (Japan), Richard Wolf (Germany), Stryker (US), Hologic (US), Medtronic (Ireland), Ethicon (Scotland), B. Braun (Germany), Boston Scientific (US), MedGyn Products (US), CooperSurgical (US) , Cook Medical (US), Medicon (Germany), Maxer Medizintechnik (Germany), and Hospiline Equipments (India).

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