Description

Gynaecological Devices Market size was estimated at USD 8.2 Bn in 2021, growing at a CAGR of 8.2% during the forecast period 2022-2028. Gynaecology is a branch of science, which deals with maintenance of women health and diseases associated with reproductive system. Embryo scissors, hooks, ayre’s spatula, Oldham’s perforator, cranioclast, upper long straight hemostatic forceps, budine’s cannula are used in various aspects of obstetric and gynecological surgeries. Surge in prevalence of gynecological disorders around the world, rising awareness of various gynaecological diseases are expected to boost the growth of global gynecological devices market. As per CDC, about 7.5 Mn obstetrical procedures were performed in the U.S. in 2015. Moreover, growing incidence and prevalence of STD’s is expected to have positive impact on growth of global gynecological devices market.  As per CDC, in the U.S. about 39% people are diagnosed with chlamydia and 33% of people diagnosed with Gonorrhoea under the age of 20-24years. Furthermore, rising lifestyle-related diseases like obesity, smoking multiple sex partners, growing acceptance of minimally invasive procedures, rise in healthcare expenditure are expected to accelerate the market share for global gynecological devices market. However, limited awareness, delay in regulatory approvals are restraints of gynecological devices markets. Global Gynaecological Devices Market is one of the most promising markets in medical devices sector. Major players are adopting various growth strategies such as mergers and acquisitions, partnerships and collaborations, new product launches and investments on research and development activities. Some of the major innovations in gynecological devices are single port laparoscopic surgery and da Vinci robotic platform. Moreover, many healthcare organizations are providing regular check-ups for early detection of the gynecological diseases. Furthermore, introducing patient-friendly and advanced technology products has enhanced the market growth of global gynecological devices. In October 2016, Lumenis launched FiberLase GYN headpiece set for gynecological procedures. In January 2016, Pelican Feminine Healthcare launched women’s health medical devices FETOFIT, a strapless fetal monitoring solution, and PELIspec, a pro wall designed to offer added vaginal wall support.

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