The Global Gynecological Devices Market is expected to at an immense pace owing to the growing demand for Gynecological Devices, primarily being boosted by the increasing figures of gynecological disorders such as cervical dysplasia, pelvic floor prolapse, adnexal tumors, endometriosis, ovarian cysts, uterine fibroids, and others. Moreover, the rising adoption of advanced and innovative technologies, increasing demand for minimally invasive therapy, rising demand for birth control devices and surgeries, rising awareness about family planning and birth control, and increasing product launches and approval, among others, are also expected to stimulate market growth. The key companies in the Global Gynecological Devices Market include Boston Scientific Corporation, Hologic, Inc., Medtronic, Olympus America, Stryker, UroViu Corporation, Medical Device Business Services, Inc., Karl Storz SE & Co. KG, Richard Wolf GmbH., COOPER SURGICAL, INC., MEDGYN PRODUCTS, INC., Minerva Surgical, Inc., Veldana Medical SA, Veru Inc., Teva Pharmaceutical Industries Ltd, Cupid Limited, Merck & Co Inc., Meril Life Sciences Pvt. Ltd, Pregna International Limited, Odyssea Pharma SPR, and others.
DelveInsight’s “Gynecological Devices Market Insight, Competitive Landscape and Market Forecast – 2028” research report provides the current and forecasted Gynecological Devices market size, share, and trends analysis for the next five years. Moreover, it highlights the ongoing innovations in the segment, major market drivers & barriers, key competitors, and emerging devices in the domain.
Gynecological Devices Market: Overview
Gynecological Devices refer to surgical and monitoring devices used for gynecological conditions and disorders, such as fluid management, endometrial ablation, gynecological endoscopy, and contraceptive devices. Over the past few years, several major developments have been observed in the Gynecological Devices market. Similarly, several major MedTech giants are working in the market to develop new and innovative Gynecological Devices to cater to different needs.
DelveInsight’s “Gynecological Devices Market” provides an in-depth assessment of the market by product (gynecological endoscopy devices [hysteroscope, resectoscope, and others), endometrial ablation devices [balloon ablation devices, radiofrequency ablation devices, and others], contraceptive devices [temporary birth control and permanent birth control], diagnostic imaging systems, fluid management systems, and others.
In the product segment of the Gynecological Devices market, the balloon ablation devices category is expected to generate a significant revenue share owing to the increasing prevalence of endometrial cancer and the rising adoption of these devices due to their ease of use and convenience. Moreover, it is observed that there are several advantages of endometrial balloon ablation over other surgical techniques. Endometrial balloon ablation has quicker recovery times, less discomfort, minimal invasion, and shorter operating times.
Gynecological Devices Market Analysis
As per the estimates, the number of cases of Gynecological disorders such as cervical dysplasia, pelvic floor prolapse, adnexal tumors, endometriosis, ovarian cysts, uterine fibroids, and others are rising at a significant rate globally. The increase in the prevalence of these gynecological disorders is driving the demand for Gynecological Devices. As per the WHO, in 2020, nearly 314 thousand new cases of ovarian cancer were reported globally. Thus, the high incidence rate of cancer could be controlled through a comprehensive approach that includes prevention, early diagnosis, effective screening, and treatment programs, leading to a higher demand for Gynecological Devices such as endoscopic devices, diagnostic imaging devices, among others. Apart from rising prevalence, the growing number of surgical procedures, such as female sterilization, ablation, endoscopy, and laparoscopy, as well as the increased use of disposable products, are expected to drive product demand. The increasing adoption of cutting-edge and innovative technologies is also expected to drive industry growth. Lastly, the increasing awareness regarding gynecological health is a major fuelling factor for the market growth.
It is observed that the Gynecological Devices market is heavily regulated to improve and ensure the safety of the devices. Stringent regulatory guidelines, complications related to various devices, and others may restrict the Gynecological Devices market growth in the coming years. Moreover, some key aspects, such as product recalls, are also anticipated to hamper the Global Gynecological Devices market growth.
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Gynecological Devices – Global Market Assessment and Forecast
As per the estimate, among all the regions, North America is anticipated to account for the largest share of the gynecological devices market in the upcoming years. Some of the key factors, such as the rising prevalence of ovarian and cervical cancers, the growing prevalence of sexually transmitted diseases, rising use of contraceptive devices, are expected to drive the North American Gynecological Devices market growth. The increasing number of cervical and ovarian cancer cases stimulated the rise in diagnosis and treatment procedures done by various Gynecological Devices such as endoscopy, ablation, etc. Thus, the increasing prevalence of cancers will increase the demand for Gynecological Devices, thereby propelling the overall Gynecological Devices market.
High disposable income, sophisticated healthcare infrastructure, regulatory approval for new products, and high awareness are other major factors for the high growth in this region. Moreover, strategic activities such as product launches and approvals, mergers, acquisitions, partnerships, and others will boost regional product development activities.
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Gynecological Devices Market – Key Developments and Breakthroughs
Over the years, the Gynecological Devices market has evolved significantly, owing to the active participation of the global MedTech companies and technological advancements in the domain. Similarly, several clinical, commercial, and regulatory developments have also been registered in the domain. Some of the major advancements in the Gynecological Devices market in recent years include –
- In September 2022, the Rivkin Center for Ovarian Cancer and the American Association for Cancer Research presented the ‘Virtual Ovarian Cancer Research Series.’ The goal of the seminar series was to bring together clinicians and researchers from across many disciplines and institutions worldwide to share ideas and advance the field of ovarian cancer research.
- In June 2022, UroViu Corp launched the new Hystero-V, a single-use hysteroscope compatible with UroViu’s Always Ready endoscopy platform. The 12-Fr, semi-rigid, Hystero-V features a hydrophilic coating enabling gentle insertion and superior visualization for highly effective intrauterine examinations.
- In March 2022, Endoluxe, a California-based company, launched Endoluxe eVS, an HD wireless endoscopic camera equipped with TowerTech for gynecological, urological, ENT, orthopedics, and general surgery.
- In February 2022, Mithra and Searchlight Pharma announced the commercial launch of Mithra’s vaginal contraceptive ring Myring, under the brand name Haloette in Canada.
- In November 2021, Hologic, Inc., a global leader in women’s health, launched the NovaSure V5 global endometrial ablation (GEA) device.
- In October 2021, Hologic, Inc., a global leader in women’s health, launched its expanded Omni® suite, a comprehensive gynecological surgical offering designed to optimize diagnostic and operative hysteroscopy, in Europe, Africa, and the Middle East (EMEA). The offering now includes a versatile Omni 30° hysteroscope, the Omni Lok cervical seal, and the Omni 5 French seal, which complement the company’s existing portfolio of GYN surgical solutions and extend physicians’ choices.
Learn more about the ongoing development in the market @ Gynecological Devices Market – Clinical and Commercial Development Activities
Key Companies in the Gynecological Devices Market
Globally, some of the leading MedTech giants working in the Gynecological Devices market include Boston Scientific Corporation, Hologic, Inc., Medtronic, Olympus America, Stryker, UroViu Corporation, Medical Device Business Services, Inc., Karl Storz SE & Co. KG, Richard Wolf GmbH., COOPER SURGICAL, INC., MEDGYN PRODUCTS, INC., Minerva Surgical, Inc., Veldana Medical SA, Veru Inc., Teva Pharmaceutical Industries Ltd, Cupid Limited, Merck & Co Inc., Meril Life Sciences Pvt. Ltd, Pregna International Limited, Odyssea Pharma SPR, and others. Owing to the rising demand and favorable growth opportunities for revenue generation, several new players are anticipated to enter the market, thereby leading to high competitiveness in the domain.
Learn how new players’ entries will transform the market dynamics in the coming years @ Gynecological Devices Competitive Landscape
Scope of the Gynecological Devices Market Report:
- Study Period – 2020-2028
- Geography Covered – North America, Europe, Asia-Pacific, and Rest of the World
- Gynecological Devices Market Assessment by Product –
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- Gynecological Endoscopy Devices – Hysteroscope, Resectoscope, and Others
- Endometrial Ablation Devices – Balloon Ablation Devices, Radiofrequency Ablation Devices, and Others
- Contraceptive Devices – Temporary Birth Control and Permanent Birth Control
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- Diagnostic – Diagnostic Imaging Systems, Fluid Management Systems, and Others
- End-User – Hospitals & Clinics, Ambulatory Surgical Centers, Diagnostic Centers, and Others.
- Porter’s Five Forces Analysis, Product Profiles, Case Studies, KOL’s Views, Analyst’s Views
Table of Content
| 1 | Report Introduction |
| 2 | Executive Summary |
| 3 | Regulatory and Patent Analysis |
| 4 | Gynecological Devices Market Key Factors Analysis |
| 5 | Gynecological Devices Porter’s Five Forces Analysis |
| 6 | COVID-19 Impact Analysis on the Gynecological Devices Market |
| 7 | Gynecological Devices Market Layout |
| 8 | Gynecological Devices Global Company Share Analysis – Key 3–5 Companies |
| 9 | Gynecological Devices Product Profiles and Key Companies |
| 10 | Project Approach |
| 11 | KOL Views |
| 12 | DelveInsight Capabilities |
| 13 | Disclaimer |
| 14 | About DelveInsight |
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