Rising cases of gynecological disorders such as uterine cancers and polycystic ovarian disease to foster the sales of hysteroscopy systems
Rising cases of gynecological disorders such as uterine cancers and polycystic ovarian disease to foster the sales of hysteroscopy systems
Fact.MR: Fact.MR’s report on global hysteroscopy systems market projects a steady growth in 2021, owing to consistent demand from the medical sector, opines a new study by consulting firm Fact.MR. According to the study, growing gynecological diseases and heightened demand of office-based system is fostering the sales of hysteroscopy systems.
Underpinned by these factors, the market is poised to register a growth of nearly 5% during the forecast period. An increase in prevalence of diseases such as infertility, polycystic ovary disease have surged the demand for the hysteroscopy systems.
Furthermore, a recently initiated clinical study in 2018 by World Health Organization, approximately 4.5% of the overall global disease burden can be attributed to gynecological disease and 60% uterine corpus cases were recorded globally. Acknowledging this burden, regulatory authorities has increased the awareness for the usage of office-based hysteroscopy systems, thus stimulating the growth.
“Key hysteroscopy systems solutions providers are capitalizing on advanced technological integration and innovation to provide highly accurate and precision based diagnosis, aiding the demand for hysteroscopic systems,” says the Fact.MR analyst.
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Key Takeaways from Fact.MR’s Hysteroscopy systems Market Study
- Office-based hysteroscopy systems provide lucrative opportunities for manufacturers
- By application, oncology hysteroscopy systems is poised to prevail over other domains
- Hospitals to dominate the end-user segment
- Stringent regulations on female sterilization by regulatory authorities to seal North America dominance in the market
- Handheld hysteroscopy system to emerge as a potential segment
- Preference for hysteroscopy procedures over traditional method to spur hysteroscopy systems across North America and Europe
Prominent Drivers
- Increasing cases of polycystic ovary disease and uterine cancers, provide a high pedestal for hysteroscopy systems
- Development of single-use hysteroscopy system expected to bolster the market growth
- Improving healthcare infrastructure and government initiatives for advanced surgical accessories have fostered the sales of hysteroscopy systems
Hysteroscopy systems Market- Key Restraints
- Risk of pelvic inflammatory diseases and damage to the cervix are possible complications, restraining growth
Discover more about the hysteroscopy systems market with figures, data tables and the table of contents. You will also find detailed market segmentation on https://www.factmr.com/report/2577/hysteroscopy-systems-market
Competitive Landscape
Key hysteroscopy systems market players profiled by Fact.MR include Medtronic PLC., Karl Storz SE & Co. KG, Olympus Corp, Stryker Corp, Richard Wolf GmbH, Hologic Inc., Cooper Surgical Inc., World of Medicine Lemke GmbH, and Boston Scientific among others. According to the Fact.MR study, the global market is consolidated but the competition between several big and small players is highly anticipated.
For instance, Meditrina Inc. announced in November 2019 that it has launched Aveta™ system for diagnostic and therapeutic hysteroscopy. The system was designed to provide physicians with the best care in their treatment of endometrial polyps and uterine fibroids. This new system is an all-in-one platform that incorporates single use of Aveta™ Pearl Hysteroscope for myomectomy.
More Insights on the Hysteroscopy systems Market
In its latest report, Fact.MR offers unbiased analysis of the global hysteroscopy systems market. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of products (hysteroscopes, hysteroscopy fluid management systems, hysteroscopic tissue removal systems), modality (benchtop systems, stand-alone systems, and handheld systems), end-user (hospitals, diagnostic laboratories, office-based settings, and ambulatory surgical centers), across seven regions (North America, Latin America, South Asia, East Asia, Oceania and Middle East & Africa)
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Source: Fact.MR