Hysteroscopy Instruments Market by Product, Resectoscope, Usability, Application, End User - Global Forecast to 2022
NEW YORK, Oct. 17, 2017 /PRNewswire/ --
"Global hysteroscopy instruments market projected to grow at a CAGR of 7.8%"
The hysteroscopy instruments market is expected to reach USD 1.89 billion by 2022 from USD 1.30 billion in 2017, at a CAGR of 7.8%. The growth in female geriatric population and rising incidence 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 hysteroscopes.
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"Hysteroscopes are expected to grow at the highest CAGR during the forecast period"
By type, the hysteroscopy instruments market is segmented into handheld instruments, hysteroscopes, resectoscopes, hysterosheaths, fluid management systems, and tissue removal systems. The hysteroscopes segment is projected to register the highest CAGR during the forecast period. The rising incidence of gynecological diseases and the increasing female geriatric population are the major factors driving the growth of the market.
"Reusable instruments are expected to hold the largest share of the market in 2017"
Based on usability, the hysteroscopy instruments market is segmented into reusable and disposable instruments. The reusable instruments segment is expected to dominate this market with the largest share due to their advantages over disposable instruments in 2017. Reusable instruments are durable and can be used multiple times, and affordable compared to disposable instruments, therefore, they are widely adopted across the globe.
"Diagnostic hysteroscopy segment is expected to dominate the market during the forecast period"
Based on the applications, the hysteroscopy instruments market is segmented into diagnostic hysteroscopy and operative hysteroscopy. Diagnostic hysteroscopy segment is expected to dominate the market during the forecast period. As diagnosis is the first step in hysteroscopy procedures, and as the incidence of uterine abnormalities is increasing globally, the demand for diagnostic hysteroscopy is expected to increase in the coming years.
"Asia to witness high growth during the forecast period"
In 2017, North America is expected to account for the largest share of the market followed by Europe. However, Asia is expected to register the highest CAGR during the forecast period. The high growth in this regional segment 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 the expansion of major.
The primary interviews conducted for this report can be categorized as follows:
-- By Company Type: Tier 1 - 30%; Tier 2 - 42%; Tier 3 - 28%.
-- By Designation: C-level- 25%; D-level- 45%; others- 30%.
-- By Region: North America-48%; Europe-29%; Asia-19%; RoW-4%.
List of companies profiled in the report
-- 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)
-- Hospiline Equipments (India)
Research Coverage:
The report provides an overview of the hysteroscopy instruments market. It aims at estimating the market size and future growth potential of this market across different segments such as type, usability, applications, end user, and region. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, recent developments, and key market strategies.
Key Benefits of Buying the Report:
The report will help the market leaders/new entrants in this market by providing them with the closest approximations of revenues for the overall hysteroscopy instruments market and its subsegments. This report will help stakeholders to understand the competitive landscape better and gain insights to position their businesses and help companies make suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provide them with information regarding key market drivers and opportunities.
Read the full report: https://www.reportlinker.com/p05147402
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