The growing female geriatric population is also projected to propel the growth of the hysteroscopy market as women aged 65 years and above are more prone to postmenopausal complications such as endometrial polyps. The growing adoption of office hysteroscopy is also expected to fuel the growth of the hysteroscopy systems market. However, the availability of alternative diagnosis options and various treatments for gynecological conditions are projected to hamper the growth of the global Hysteroscopy Systems Market.
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Hysteroscopy is a medical procedure which helps to look inside the uterus in order to diagnose and treat causes of abnormal bleeding. In the hysteroscopy procedure, doctors insert a small-diameter device into uterus known as hysteroscope. Hysteroscope is a thin device with a light and a small camera attached to it. Hysteroscope is inserted through the vagina into uterus. Hysteroscope transmits the captured image of the uterus onto a LED screen. Hysteroscopy is performed for various reasons such as investigating problems related with heavy periods, pelvic pain, postmenopausal bleeding, etc. Hysteroscopy systems are also used for diagnostic hysteroscopy & operative hysteroscopy purposes. The hysteroscopy system comes with various types of hysteroscopes. Hysteroscopes are rigid attached with a camera, flexible without inbuilt camera system. With technological advancements new hand-held hysteroscopy systems have been launched in the hysteroscopy system market in recent years. The new hand-held hysteroscopy system is designed in a way that it is easy to carry it anywhere for diagnostic hysteroscopy procedures. The hand-held hysteroscopy system is compact and also contains video processor to view the captured images. It comes with dock for battery change and data transfer so as to save the patient data for records.
According to a report of the American Cancer Society, 22,240 new cases of ovarian cancer were diagnosed in the U.S. The prevalence of PCOD in adolescents is increasing day by day due to unhealthy life style and improper eating habits, which may lead to complications in the uterus, e.g., growth of fibroids and polyps in cervix. The rising incidence of gynecological diseases is expected to drive the growth of the global hysteroscopy systems market.
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The global market for hysteroscopy systems is expected to witness noteworthy growth over the forecast period. Based on product type, the hand-held hysteroscopy systems segment is expected to lead in the global hysteroscopy systems market over the forecast period. Among the application segments, the diagnostic hysteroscopy segment is expected to witness the high growth in the coming years due to increasing number of diagnostic procedures for uterine abnormalities. Based on end users, the hospitals end-use segment is expected to hold maximum share in the global hysteroscopy systems market.
Geographically, the global hysteroscopy systems market is segmented into North America, Latin America, Europe, CIS & Russia, Asia Pacific excluding Japan (APEJ), Japan, and the Middle East and Africa (MEA). North America is expected to hold maximum share in the global hysteroscopy systems market due increasing health care spending and increasing incidence of gynecological diseases in the region. This is followed by Europe due to presence of leading market players in the region. Asia Pacific is projected to be the fast-growing market for hysteroscopy systems due to increasing incidence of uterine disorders in the developing countries of the region. However, other regions such as Latin America and the Middle East and Africa are expected to grow at significant CAGRs over the forecast period.
Examples of some of the key players operating in the global hysteroscopy systems market are Olympus, KARL STORZ, Stryker, Richard Wolf, Hologic, Ethicon, B. Braun, Boston Scientific, MedGyn Products, CooperSurgical, Cook Medical, Medicon, Maxer Medizintechnik, Hospiline Equipments and Medtronic. The key players in the global hysteroscopy systems market are focusing on geographical expansion by adopting new strategies, including acquisitions, agreements, collaborations, and mergers, among others.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
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