The Global Gynecological Devices Market Size accounted for USD 9,541 Million in 2021 and is estimated to achieve a market size of USD 18,649 Million by 2030 growing at a CAGR of 7.9% from 2022 to 2030. A rise in gynecological disorders such as uterine cancer, cervical cancer, vaginal cancer, ovarian cancer, & vulvar cancer is boosting the global gynecological devices market growth. Furthermore, increasing awareness about gynecological wellness is a primary driver of gynecological device market value.
Gynecological Devices Market Report Key Highlights
Gynecological devices include instruments and devices used for the treatment of diseases related to the female reproductive system. These devices include surgical devices, handheld instruments, diagnostic imaging systems, and software associated with the devices. Surgical gynecological devices include endoscopy devices, laparoscopes, colposcopes, Hysteroscopes, Hysteroscopic insufflators, and laparoscopic insufflators among others. These devices are usually manufactured using stainless steel for improved efficiency and reduced chances of infection. Gynecological devices are used in hospitals, clinics, diagnostic centers, and research institutes for surgical and examination applications.
Global Gynecological Devices Market Trends
Gynecological Devices Market Report Coverage
|Market||Gynecological Devices Market|
|Gynecological Devices Market Size 2021||USD 9,541 Million|
|Gynecological Devices Market Forecast 2030||USD 18,649 Million|
|Gynecological Devices Market CAGR During 2022 - 2030||7.9%|
|Gynecological Devices Market Analysis Period||2018 - 2030|
|Gynecological Devices Market Base Year||2021|
|Gynecological Devices Market Forecast Data||2022 - 2030|
|Segments Covered||By Device, By End-User, And By Geography
|Regional Scope||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa|
|Key Companies Profiled||Ethicon, Inc., Johnson & Johnson, Olympus Corporation, Boston Scientific Corporation, Medtronic plc, Hologic Inc., Koninklijke Philips Electronics NV, Cooper Surgical Inc., Siemens AG, Richard Wolf GmbH, and Fresenius Medical Care AG & Co. KG.
||Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis|
The global gynecological devices market is influenced by factors such as the increasing female population and rising awareness regarding reproductive health. The growing awareness regarding sexually transmitted diseases in women, coupled with preventive healthcare measures supports the gynecological devices market growth. Improving lifestyles, and increasing disposable income, especially in the emerging economies of Asia-Pacific have increased the demand for gynecological devices. The growing geriatric population and rising adoption of minimally invasive procedures further accelerate the adoption of gynecological devices. Significant growth in healthcare expenditure, increasing demand for disposable equipment, and rising gynecological disorders, such as polycystic ovarian syndrome (PCOS), ovarian cancer, cervical cancer, and uterine cancer are factors expected to drive the market growth during the forecast period. The growing demand from emerging economies, technological advancements, and increasing consumer awareness are factors expected to provide numerous growth opportunities in the coming years.
Gynecological Devices Market Segmentation
The worldwide gynecological devices market segmentation is based on the device, end-user, and geography.
Gynecological Devices Market By Device
According to gynecological devices industry research, the surgical devices segment leads the market in 2021. The high utilization of female contraceptives & endoscopic equipment is expected to support the segment's dominance during the projection period. Furthermore, the diagnostic imaging systems segment is predicted to grow at a rapid pace throughout the projection period. The rise can be associated with increases in both intended and unexpected pregnancies worldwide.
Gynecological Devices Market By End-User
According to the gynecological devices market forecast, the hospitals and clinics segment would rise significantly in the coming years. The large proportion is mostly due to the rising demand for gynecological procedures and the use of cutting-edge technologies in clinics and hospitals. Effective surgical technologies are viable alternative treatments that provide a better patient experience.
Gynecological Devices Market Regional Outlook
The Middle East & Africa
North America Holds The Largest Share Of The Global Gynecological Devices Market
Geographically, North America is expected to dominate the global market over the forecast period. Due to the increasing prevalence of gynecology-related cancer, the significant concentration of device makers, and technical improvements, the North American region holds the greatest proportion of the gynecological devices market. Furthermore, increased female awareness, the rising prevalence of gynecological illnesses, and well-established healthcare infrastructure are projected to fuel the growth of the gynecological devices market during the forecast period.
Besides that, Asia-Pacific is predicted to develop at the quickest rate in the coming years. Rising awareness about family planning & birth control as a result of government measures to regulate the region's growing population is predicted to drive product demand in the region.
Gynecological Devices Market Players
Some of the top gynecological devices market companies offered in the professional report include Ethicon, Inc., Johnson & Johnson, Olympus Corporation, Boston Scientific Corporation, Medtronic plc, Hologic Inc., Koninklijke Philips Electronics NV, Cooper Surgical Inc., Siemens AG, Richard Wolf GmbH, and Fresenius Medical Care AG & Co. KG.
The estimated value of global gynecological devices market in 2021 was accounted to be USD 9,541 Million.
The projected CAGR gynecological devices market during the analysis period of 2022 to 2030 is 7.9%.
The prominent players of the global gynecological devices market are Ethicon, Inc., Johnson & Johnson, Olympus Corporation, Boston Scientific Corporation, Medtronic plc, Hologic Inc., Koninklijke Philips Electronics NV, Cooper Surgical Inc., Siemens AG, Richard Wolf GmbH, and Fresenius Medical Care AG & Co. KG.
North America held the dominating gynecological devices during the analysis period of 2022 to 2030.
Asia-Pacific region exhibited fastest growing CAGR for gynecological devices during the analysis period of 2022 to 2030.
Rising prevalence of gynecological disorders and increasing surgical procedures globally drives the growth of global gynecological devices market.
Based on device, surgical devices segment is expected to hold the maximum share of the gynecological devices market.