Surgical Equipment Market, Gynecology Surgical Instrument Market, Women’s Health Devices Market, Endometrial Ablation Devices Market, Biopsy Forceps Market, Obstetric Surgical Instruments Market
What Does The Forecast For The Gynecological Devices Market Size And Growth Rates Look Like?
The gynecological devices market size has witnessed a significant upswing in the recent years. It is expected to expand from its present $13.16 billion in 2024 to $14.18 billion in 2025 at a compound annual growth rate (CAGR) of 7.8%. The strong growth in the historic period can be attributed to the introduction of laparoscopic surgery, development of intrauterine devices (IUDs), hysteroscopy evolution, emergence of robotic surgery, and diagnostic imaging advancements.
Forecasts predict that the gynecological devices market size will further experience strong growth in the upcoming years, reaching $20.09 billion in 2029 at a compound annual growth rate (CAGR) of 9.1%. This projected surge is associated with increased spending on women’s healthcare, advancements in robotic surgery, personalized treatment approaches, and expanding ambulatory surgical centers. Major trends driving this forecast include minimally invasive procedures, shift towards ambulatory settings, focus on women’s health awareness, patient-centric approach, and significant investments in research and development.
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What Are The Principal Growth Drivers In The Gynecological Devices Market?
The expected growth of the gynecology devices market can be primarily attributed to the increasing prevalence of gynecological disorders. These disorders interfere with the normal function of female reproductive organs such as the breasts and abdominal and pelvic organs. The rise in these conditions has spurred the demand and the deployment of gynecology devices for controlling the female reproductive system, including pregnancy and childbirth.
Gynecology devices serve to perform various medical procedures including but not limited to colposcopy, loop electrical excision procedure (LEEP), endometrial biopsy, IUD insertion, dilation and curettage (D&C), tubal ligation, and ovarian cystectomy. The World Health Organization (WHO) reported in March 2023 that endometriosis affects around 190 million women and girls of reproductive age worldwide. Furthermore, the American Cancer Society forecasts approximately 13,960 new cases of invasive cervical cancer in 2023, with an estimated 4,310 women possibly succumbing to the disease in the same period. The increasing prevalence of gynecological disorders is therefore driving the growth of the gynecological devices market.
What Are the Principal Segments Of The Global Gynecological Devices Market?
• By Device: Surgical Devices, Diagnostic Imaging Systems, Hand Held Instruments, Software, Other Devices
• By Application: Laparoscopy, Hysteroscopy, Dilation And Curettage, Colposcopy, Other Applications
• By End User: Clinics, Hospitals, Diagnostic Centers, Research Institutes, Others End Users
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Which Major Players Are Operating In The Gynecological Devices Market?
Major companies operating in the gynecological devices market include, but are not limited to, Medtronic plc, CooperSurgical Inc., Richard Wolf GmbH, Hologic Inc., Boston Scientific Corporation, Stryker Corporation, Karl Storz SE & Co. KG, Ethicon Inc., MedGyn Products Inc., General Electric Company, Gynex Corporation, Bayer AG, Gynemed Medizinprodukte GmbH & Co. KG, Meril Life Sciences Pvt. Ltd., Cook Group Inc., B. Braun Melsungen AG, Siemens Healthineers AG, Smith & Nephew plc, Steris Corporation, Abbott Laboratories, Fujifilm Holdings Corporation, Koninklijke Philips N.V., Medline Industries Inc., Mindray Medical International Limited, Olympus Medical Systems Corporation, and Cardinal Health Inc.
What Are The Emerging Trends In The Gynecological Devices Market?
Technological advancements are emerging as a key trend in the gynecological devices market. Boston Imaging (Samsung), introduced Hera W10 Elite in February 2023. This is an artificial intelligence-enabled women’s health ultrasound system that offers advanced visualization of microcirculatory and sluggish blood in 2D and 3D. Such significant technological advancements are set to enhance the market landscape for gynecological devices.
How Is The Regional Analysis For The Gynecological Devices Market Shaping Up?
North America has been the largest region in the gynecological devices market in 2024. However, Asia-Pacific is expected to register the fastest growth in the forecast period. The report covers other significant regions including Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Gynecological Devices Market Report 2025 Offer?
Gynecological devices are engineered instruments designed for the management of the female’s reproductive system, pregnancy, and childbirth. They are used to perform various medical procedures, promoting the well-being of females. The Gynecological Devices Market research report from The Business Research Company offers insights into global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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