Hysteroscopy Instruments Market Segmentations:
By Product (Needle Holders, Forceps, Sheaths, Resectoscope, Scissors, Hysteroscope, Vaginal Speculums, Dilators, and Others), By Application (Ambulatory Surgery Centers and Hospitals & Clinics), By Region (North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa), End-use Landscape, Vendor Landscape, and Competitive Landscape
Hysteroscopy Instruments Market Insights:
The global Hysteroscopy instruments market is anticipated to grow at a lucrative rate over the forecast period. The large share of this market is attributed to increasing number of female geriatric population, growing incidence of chronic diseases, surging research & development investments, and increased occurrence of neurological disorders. The rising awareness of individuals about mental diseases and their treatment is further anticipated to boost the market growth.
The factors limiting the growth of the global hysteroscopy market include risks associated with hysteroscopes, such as cramping, diarrhea, nausea vaginal bleeding, and fever. Moreover, the presence of alternative treatment coupled with high cost of hysteroscopy procedure compared to drug therapy is expected to hamper growth of the market.
Hysteroscopy Instruments Market - Product Insights:
On the basis of products, the Hysteroscopy instruments market is segmented into Forceps, Scissors, Needle Holders, Hysteroscope, Sheaths, Resectoscope, Vaginal Speculums, and Dilators among others. The forceps segment held the largest share in 2016. It is further anticipated to witness the highest growth over the forecast period. Rise in the number of gynecological surgeries coupled with repeated usage of forceps in most gynecological surgeries is anticipated to boost the growth of this segment.
The hysteroscope segment is anticipated to register the second largest share in the market over the forecast period. The growth of this segment is due to less blood loss, reduced discomfort and fast recovery of the patients.
Moreover, the availability of alternative diagnosis and treatment options, including drug therapies and other diagnostic procedures, such as blood test and ultrasound is likely to inhibit the growth of the hysteroscopy instruments market.
Furthermore, the increasing cost of hysteroscopy procedure compared to medication therapy and side effects associated with the usage of hysteroscopes is anticipated to limit the market growth to a certain extent.
Hysteroscopy Instruments Market - Application Insights
Based on applications, hysteroscopy instruments market is segmented into hospitals & clinics, and ambulatory surgical center. Hospitals are expected to gain maximum market share over the forecast period. The growth of this segment is ascribed to the increasing number of hospitals & clinics all over the world. High acceptance of advanced technologies in these settings and growth in the target patient population is also anticipated to aid growth of the concerned segment.
Hysteroscopy Instruments Market - Regional Insights
North America accounted for the largest share amongst regional market in 2016 due to high healthcare infrastructure. North America is further anticipated to grow over the forecast period followed by Europe and Asia Pacific. Europe is projected to show robust growth due to rise in number of female population. Countries such as India and China are anticipated to be the major market for hysteroscopy instruments market owing to high population in this region.
Hysteroscopy Instruments Market: End-Use Landscape
The end-use landscape includes a list of current and prospective consumers existing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase products from hysteroscopy market. The major consumers of the product are Mayo Clinic, Brigham and Women's Hospital, and Cleveland Clinic.
Hysteroscopy Instruments Market - Competitive Insights
The key companies operating in the global hysteroscope market include Karl Storz Gmbh & Co. Kg, Olympus Corporation, Stryker, Richard Wolf Gmbh, B. Braun Melsungen AG, Hologic Inc., Medgyn Products, Inc., Xion Medical Gmbh, Ackermann, Rudolf Medical, Gimmi, Sopro Comeg, Smith & Nephew, and Maxer Medizintechnik among others.
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