The Uro-Gynecological Surgical Devices Market was valued at $xx Mn in 2019 and is expected to reach $xx Mn in 2027 by registering a CAGR of xx% during forecast period.
Global Uro-Gynaecological Surgical Devices Market Overview:
Urogynecology is a subspecialty within obstetrics and gynecology that focuses on disorders of the female pelvic floor such as pelvic organ prolapse (bulging out of the uterus and/or vagina), fecal incontinence, and constipation. Uro-Gynecological symptoms are never life-threatening but they can have a profound impact on the women’s quality of life. Pelvic Organ Prolapse (POP) and Stress Urinary Incontinence (SUI) are two prevalent disorders affecting 30-40% of women worldwide. Majority percentage of about 65% of women worldwide fall in the vulnerable age bracket of 15-65 years, when the maximum number of physiological and other changes occur in the body and require constant care and attention.
The report covers the detailed analysis of global Uro-Gynaecological Surgical Devices industry with the classifications of the market on the product type, procedure and disease specific surgeries. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key players contribution in it.
The report has profiled eleven key players in the market from different regions. However, report has considered all market leaders, followers and new entrants with investors while analysing the market and estimation the size of the same. Increasing R&D activities in each region are different and focus is given on the regional impact on the cost of treatment, availability of advanced technology are analysed and report has come up with recommendations for future hot spot in APAC region.
Global Uro-Gynaecological Surgical Devices Market Dynamics:
Increasing acceptance of minimally invasive surgical procedures like Endometrial Ablation, myomectomy, and hysteroscopy are set to enhance the demand for Uro-Gynecological surgical devices in the forecast period. The fact that millions of women worldwide suffer from urological disorders are not diagnosed adequately will drive the market growth. Nearly 50 million women worldwide suffer from urinary incontinence, due to pelvic floor damage during pregnancy and childbirth. Rapidly increasing geriatric population globally is also likely to drive the market over the next few years. Endometrial Ablation is gaining prominence worldwide as an effective treatment procedure for reducing heavy bleeding disorders in women. Besides this, other factors such as the increasing cases of gynecological issues, improving regulatory framework, growing research funding, unmet medical needs, rising competition among market players, the increasing number of gynecology surgeries, emerging Asian markets, and increasing government assistance are continuously contributing to the growth of the global gynecological devices and instruments market.
Despite of these drivers, high cost of treatment, lack of skilled professionals, and the poor healthcare system in underdeveloped and middle- income economies may hamper the market growth during the forecast period.
Global Uro-Gynaecological Surgical Devices Market Regional Insights:
Global Uro-Gynaecological Surgical Devices Market
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North America is expected to dominate the market share of xx% during the forecast period.
Market growth in the US is mainly driven by the factors like increasing aging population, advanced technology-based devices, and acceptance of minimally invasive surgeries makes the US an undeniable market leader. Europe is expected to hold the second-largest market share owing to the rising prevalence of ovarian cancer and mortality rates. Due to ovarian cancer, 184,799 deaths occurred in 2018 which resulted in 4.4% of the total cancer-associated mortality among females. APAC is expected to witness lucrative growth in the forecast period owing to the increasing awareness and better diagnosis & surgical procedures.
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Global Uro-Gynaecological Surgical Devices Market Segmentation:
Global Uro-Gynaecological Surgical Devices Market, By Product Type:
• Urological Surgical Devices
Sling & suspension devices
Endometrial ablation devices
Gynaecological surgery devices
The Gynaecological Surgical Devices constitutes the largest product segment, driven by rapidly growing markets including Endometrial Ablation Devices and Hysteroscopy Systems. The other segment, Urological Surgical Devices is slated to expand over the years at a relatively higher CAGR of xx%.
Tubal occlusion systems
Fluid management systems
Global Uro-Gynaecological Surgical Devices Market, By Procedure:
• Dilation and Curettage procedure
• Uterine Balloon therapy
• Hysteroscopy procedure
• Tubal ligation procedure
• Myomectomy procedure
Global Uro-Gynaecological Surgical Devices Market, By Disease specific surgeries:
• Pelvic organ prolapse
• Urinary incontinence
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Segment Analysis based on Disease Specific surgeries:
Pelvic organ prolapse is when 1 or more organs in the pelvis slip down from their normal position and bulge into the vagina. The surgery attaches the vaginal vault to the sacrum with surgical mesh. The lifetime risk of a woman for POP surgery is estimated to be 19% and the reoperation risk even with an appropriate surgery is about 30%. The incidence of pelvic organ prolapse surgery is 2-3 per 1000 women and peaks in women aged between 60 to 69. The pelvic organ prolapse surgery market estimated the value of $537.2 Mn in 2018 occupying a larger market share of more than 50%.
Key players operating in Global Uro-Gynecological Surgical Devices Market:
• Stryker Corporation
• Boston scientific Corporation
• Medtronic Inc.
• Ethicon Inc.
• Gyrus ACMI
• Cook Urological Inc
• Olympus America
• CooperSurgical Inc.
• Hologic Inc.
• Ethicon Inc.
• Karl Storz GmbH
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The report also helps in understanding Global Uro-Gynaecological Surgical Devices Market dynamics, structure by analyzing the market segments and project the Global Uro-Gynaecological Surgical Devices Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Uro-Gynaecological Surgical Devices Market make the report investor’s guide.
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