Market Definition: Hysteroscopes Market
Global Hysteroscopes Market is set to rise from its initial estimated value of USD 1376.82 million in 2018 to an estimated value of USD 2161.53 million in 2026, registering a CAGR of 5.80%in the forecast period of 2019-2026.
A hysteroscope is a device used for assessing the uterus. It is used to diagnose and treat heavy or abnormal bleeding, severe cramping. frequent miscarriages , a displaced intrauterine device, or problems related to conceiving. Hysteroscopes are used for operative and diagnostics purposes. Operative hysteroscopy involves the usage of hysterctoscopes to remove abnormalities such as polyps and fibroids, diagnostic hysteroscopy is used to examine any abnormalities present in the uterus.
According to U.S. National Survey of Ambulatory Surgery , in 2016, over 24000 operative hysteroscopy were performed in the U.S. The increasing cases of gynecological disorders are giving a boost to the market.
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Major Market Drivers & Restraints are as follows:
- Increasing adoption of minimally invasive treatments is expected to drive the market growth
- Increasing adoption of office hysteroscopy is also expected to drive the market growth
- Side effects associated with hysteroscopy procedures is expected to restrain the market growth
- Availability of various other options for diagnosis and treatment of gynecological conditions is also expected to restrain the market growth
Key Market Competitors: Hysteroscopes Market
Few of the major competitors are Medtronic, Ethicon USA, LLC. (A Subsidiary of Johnson & Johnson), B. Braun Melsungen AG, Olympus Corporation, Karl Storz,Stryker, Hologic, Inc., Boston Scientific Corporation , MEDGYN PRODUCTS, INC., Inc. ,Richard Wolf GmbH, CooperSurgical, Inc.. (A Unit of the Cooper Companies, Inc.), Cook, Maxer Endoscopy GmbH,Medicon ,Hospiline Equipments Pvt. Ltd.
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Market Segmentation: Hysteroscopes Market
- By Product Type
- Rigid Non-Video Hysteroscopes
- Flexible Non-Video Hysteroscopes
- Flexible Video Hysteroscopes
- Hysteroscopic Polypectomy
- Hysteroscopic Myomectomy
- Hysteroscopic Endometrial Ablation
- Ambulatory Surgical Centers
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- North America
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Global hysteroscopes market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Hysteroscopes Market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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