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Gynecological Devices Market Is Expected To Cross US$22 Bn By 2023

Press Release   •   Feb 08, 2017 12:32 IST

This report on the gynecological devices market studies the current and future prospects of the market across the globe. The global gynecological devices market holds prime importance in the overall medical devices market due to increase in specialized gynecological procedures and rising gynecological conditions. Increasing awareness about women health has also fueled the growth of this market. The market report comprises an elaborate executive summary, which includes a market snapshot that provides information about various segments and sub-segments of the market. It also provides information and data analysis of the global gynecological devices market with respect to market segments based on the product type and their geographic analysis.

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The report on the global gynecological devices market includes aspects of gynecologic surgical devices, diagnostic imaging systems, gynecological chairs, and the hand instruments market. The report covers the performance of various segments of the gynecological devices market in terms of revenue generated by such segments. Each of the market segments have been extensively analyzed based on adoption rate, awareness, advantages, efficacy, revenue, and geographical coverage. The market size and forecast in terms of US$ Mn for each segment has been provided for the period from 2013 to 2023. The report also provides the compound annual growth rate (CAGR %) for each market segment for the forecast period from 2015 to 2023, considering 2013 and 2014 as base years.

Geographically, gynecological devices market has been segmented into five major regions: North America, Europe, Asia Pacific, Latin America and Rest of the World. The market size and forecast for each of these regions has been provided for the period from 2013 to 2023, along with their respective CAGRs for the forecast period from 2015 to 2023, considering 2013 and 2014 as base years. The report also provides with market size and forecast for major countries in the respective regions.

The research study also covers competitive scenario in the mentioned regions. A detailed qualitative analysis of factors responsible for driving and restraining the market growth and future opportunities has been provided in the market overview section. This section of the report also provides with market attractiveness analysis, Porter’s Five Forces analysis, and market share analysis by key players, thus presenting a thorough analysis of the overall competitive scenario in the global gynecological devices market.

The global gynecological devices market is expected to cross US$22 bn by 2023, after being valued at US$14.9 bn in 2014. A major chunk of this revenue is being contributed by the product segment of surgical devices, which is expected to expand at a CAGR of 4.4% between 2015 and 2023.

A wide array of gynecological surgical devices, including fluid management systems, hysteroscopes, colposcopes, and sterilization and contraceptive devices are in high demand all over the world and especially in developing economies, enabling their players to make their foray in newer regions and emerging markets.

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A list of recommendations has been provided for new entrants as well as existing market players to assist them in taking strategic initiatives to establish a strong presence in the market. The report also profiles major players in the market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments. Major players profiled in this report include include Boston Scientific Corporation, Hologic, Inc., CooperSurgical, Inc., Ethicon, Inc., Karl Storz GmbH, Medtronic, Inc., Olympus Corporation, Richard Wolf GmbH, and Stryker Corporation.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.