Gynecological Devices Market Size, Share, Analysis, Trends, Growth, 2032

Gynecological devices Market Insights

According to Zion Market Research, the global Gynecological devices Market was worth USD 11.46 Billion in 2023. The market is forecast to reach USD 24.68 Billion by 2032, growing at a compound annual growth rate (CAGR) of 8.9% during the forecast period 2024-2032. The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Gynecological devices Market industry over the next decade.

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Gynecological devices Market: Overview   

Gynecology is the study which is associated with the health problems pertaining to the female reproductive systems such as ovaries, vagina, and uterus and also with female breast. Increasing population along with the changing life style of women has led to an upsurge in diseases that are linked with the gynecology. The devices used for the treatment and diagnosis of such diseases are called gynecological devices.

Key players in the industry are adopting several strategies such as acquisition and the new product developments to stay competitive in the market. For instance, in November 2017, Cooper Companies, Inc., a global medical device company acquired Intra Uterine Device Para guard from Teva Pharmaceutical Industries Ltd to enhance their product portfolio and improve market presence. Also, in April 2018, InterSystems and Olympus Corporation jointly announced the launch of its new endoscopy integration services.

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Gynecological devices Market: Growth Factors

Global gynecological devices market was likely to witness the uppermost development across the forecast period owing to elevation in the occurrence of gynecological diseases all over the world. In addition to this, increase in the adoption of minimally invasive processes is also believed as a major catalyst that promotes the requiring for gynecological devices market. In addition to this, many lifestyle-associated factors, such as smoking, having multiple sex partners, unsafe sex, obesity, and inherited HPV-positive patient, are likely to boost the gynecological devices market. Moreover, the rise in healthcare cost is also believed as a primary boosting factor for the development of gynecological devices market.

On the other hand, delay in the acceptance by regulatory organizations will hamper the development of the gynecological devices market.

Gynecological devices Market: Report Scope

Gynecological devices Market: Segmentation

Gynecological devices market is segmented into surgical device, hand instruments, diagnostic imaging system and regions. The surgical device market covered under this study includes gynecological endoscopy devices, endometrial ablation devices, fluid management systems and female sterilization and contraceptive devices. The hand instruments segmentation includes the vaginal speculum, tenaculum, curettes, trocars, biopsy forceps, others.   

The diagnostic imaging system segmentation includes ultrasound and mammography. Ultrasound segment is anticipated to dominate the market in 2023. However, mammography segment is expected to grow at highest growth rate during the forecast period.

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Gynecological devices Market: Competitive Landscape

The major players operating in the gynecological devices market are

• Medtronic plc
• Richard Wolf GmbH.
• Cooper Surgical Inc.
• Stryker Corporation
• Hologic Inc.
• Boston Scientific Corporation
• Karl Storz GmbH& Co. KG
• Ethicon Inc.
• among others.

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The global gynecological devices market is segmented as follows:   

By Surgical Device

• Gynecological Endoscopy Devices
• Endometrial Ablation Devices
• Fluid Management Systems
• Female Sterilization
• Contraceptive Devices

By Hand Instruments

• Vaginal Speculum
• Tenaculum
• Curettes
• Trocars
• Biopsy Forceps
• Others

By Diagnostic Imaging System

• Ultrasound
• Mammography

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa