Gynecological Devices Market GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2016-2025 © Coherent market Insights. All Rights Reserved Gynecological Devices Market Overview: The Gynecological Devices Market was valued at US$ 2,667.8 million in 2015 and is projected to expand at a CAGR of 6.3% during the forecast period (2016–2024),as highlighted in a new report published by Coherent Market Insights.Increasing incidence of gynecological disorders is projected to favor the growth for gynecological devices market in the near future. Around 10% of the global female population is affected by endometriosis according to the estimates by Endmoetriosis UK (2016). Risk of gynecological disorders increases with age. According to the World Bank, female population aged 65 years and above increased exponentially from 6.8% in 2010 to 8.2% in 2015. Furthermore, changing lifestyle habits and risk of infection is expected to result in high incidence of gynecological disorders. The outlook for the gynecological devices market is therefore bright in the foreseeable future. Safety is one of the major concerns of healthcare practitioners using gynecological devices. Bayer’s Essure is an intrauterine device (IUD) that has been linked with skin rashes and pelvic pain in women (in the U.S.) who have inserted it as a permanent contraceptive solution. This has led women to remove the Essure through surgery. The U.S. FDA has called for a black box warning for the device. Furthermore, the FDA has also asked manufacturers of power morcellators to mention a warning that the product ‘has not been proved to reduce the risk of spreading cancer’. Power morcellators are used to dissect and remove uterus or uterine fibroids through small incisions. However, these devices are reported to cause uterine cancer, which remain undetected owing to lack of awareness. © Coherent market Insights. All Rights Reserved Key takeaways of the market: ● ● ● ● ● ● ● The global gynecological devices market is expected to expand at a CAGR of 6.3% during the forecast period (2016–2024). Rise in number of gynecological surgeries is expected to favor the growth of gynecological devices market in the near future. Surgical devices is expected to dominate the market throughout the forecast period as these devices are in regular demand for gynecological surgeries Demand for gynecological chairs is projected to grow gradually with growing investment in infrastructure upgradation and establishment of new surgical and gynecological examination rooms Gynecological devices market in the Asia Pacific region would be growing rapidly with increasing incidence of gynecological disorders and the number of gynecological surgeries Hospital are the major users of gynecological devices and would be driving the global gynecological devices market Major market payers including Ethicon, Inc., Hologic, Inc., Stryker Corporation, Cooper Surgical, Inc., Karl Storz GmbH& Co. KG, Boston Scientific Corporation, and Richard Wolf GmbH need to consider the safety of deices to avoid any post-marketing issues These players can opt for emerging nations for a rapid growth in business expansion To know the latest trends and insights prevalent in the gynecological devices market, click the link below: https://www.coherentmarketinsights.com/market-insight/gynecological-devices-market-152 © Coherent market Insights. All Rights Reserved ABOUT COHERENT MARKET INSIGHTS ABOUT US Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We offer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business. We meticulously study emerging trends across various industries at both the global and regional levels to identify new opportunities for our clientele. SERVICES INDUSTRY ANALYSIS CUSTOMIZED RESEARCH MARKET INTELLIGENCE SERVICES CONSULT STUDIES © Coherent market Insights. All Rights Reserved SYNDICATED RESEARCH COUNTRY SPECIFIC STUDIES ABOUT COHERENT MARKET INSIGHTS Industries we cater SECTOR COVERAGE Healthcare BIOTECHNOLOGY CLINICAL DIAGNOSTIC HEALTHCARE IT MEDICAL DEVICES MEDICAL IMAGING PHARMACEUTICAL Chemicals & Materials Bulk Chemicals Advanced Materials Speciality and Fine Chemicals Green Chemicals Food Ingredients © Coherent market Insights. 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Global gynecological devices market is expected to witness a moderate CAGR of 6.3% during the forecast period (2016 – 2024)
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