Global gynecological devices Market
Medical Equipment

The Road Ahead for the Gynecological Devices Market: Key Growth Trends and Opportunities to Watch

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What is the Long-Term Projected Growth Rate for the Gynecological Devices Market, and What Are the Key Drivers?

The market for gynecological devices has witnessed robust growth in the recent past. The market size is predicted to surge from $13.16 billion in 2024 to a considerable $14.18 billion in 2025 with a Compound Annual Growth Rate (CAGR) pegged at 7.8%. Factors contributing to the growth experienced in the historical period include the advent of laparoscopic surgery, advancement in intrauterine devices (IUDs), the progress in hysteroscopy procedures, the rise of robotic surgical systems, and breakthroughs in diagnostic imaging technology.

Expectation for the gynecological devices market size to see robust growth in the coming years is high. It is anticipated to expand to a size of $20.09 billion by 2029, with a compound annual growth rate (CAGR) of 9.1%. Factors contributing to this predicted growth include an increase in spending on women’s health, advancements in robotic surgical techniques, tailored treatment strategies, and the broadening of ambulatory surgical centers. Key trends projected for this period include a shift towards minimally invasive procedures, a move towards ambulatory settings, an emphasis on women’s health education, a patient-centric model, and investment in research and development.

What Strategic Factors Are Influencing the Accelerated Growth of the gynecological devices Market?

The escalating occurrence of disorders related to gynecology is anticipated to stimulate the expansion of the gynecology devices market. These disorders affect the normal operation of female reproductive organs including the breasts, abdomen, and pelvic organs. Devices used in gynecology regulate the female reproductive system and aid in various medical and surgical procedures including pregnancy, childbirth, colposcopy, loop electrical excision procedure (LEEP), endometrial biopsy, IUD insertion, dilation and curettage (D&C), tubal ligation, and ovarian cystectomy. For example, a March 2023 report by the World Health Organization (WHO), an intergovernmental organization in Switzerland, stated that endometriosis is impacting roughly 190 million women and girls of reproductive age across the globe. Furthermore, a January 2023 report by the American Cancer Society, a non-profit organization in the US, predicted that around 13,960 new invasive cervical cancer cases will be diagnosed in 2023, and it’s believed that 4,310 women will succumb to cervical cancer during the same year. Hence, the surge in gynecological disorders is fuelling the growth of the gynecology devices market.

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Which Companies Are Poised to Shape the Future of the Gynecological Devices Market?

Major companies operating in the gynecological devices market include:

• Medtronic plc_x000D_

• CooperSurgical Inc._x000D_

• Richard Wolf GmbH_x000D_

• Hologic Inc._x000D_

• Boston Scientific Corporation_x000D_

What Are the Latest Innovations and Trends Influencing the Gynecological Devices Market?

In the gynecological devices market, technological innovation is an emerging trend that is gaining momentum. Companies operating in this market are leveraging new technologies to maintain their market standing. For example, Boston Imaging (Samsung), a firm based in the United States specializing in medical imaging technology, introduced the Hera W10 Elite in February 2023. This women’s health ultrasound system, enabled by artificial intelligence, facilitates the visualisation of microcirculatory and slow-moving blood in both 2D and 3D. The Hera W10 Elite boasts a superior MV-Flow function and a larger organic light-emitting diode (OLED) display for enhanced interpretation of obstetrics and gynecology-related ultrasound images, providing clinicians with more extensive diagnostic information. Additionally, a new transducer included in the system permits endovaginal imaging of the fetal heart and brain. The system comes with enriched AI features such as HeartAssist, ViewAssist, and BiometryAssist.

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How Are Key Segments Defining the Competitive Landscape of the Gynecological Devices Market?

The gynecological devices market covered in this report is segmented –

1) By Device: Surgical Devices, Diagnostic Imaging Systems, Hand Held Instruments, Software, Other Devices

2) By Application: Laparoscopy, Hysteroscopy, Dilation And Curettage, Colposcopy, Other Applications

3) By End User: Clinics, Hospitals, Diagnostic Centers, Research Institutes, Others End Users

Subsegments:

1) By Surgical Devices: Hysteroscopes, Laparoscopes, Endometrial Ablation Devices, Biopsy Forceps

2) By Diagnostic Imaging Systems: Ultrasound Machines, MRI Systems, CT Scanners, X-ray Systems

3) By Hand Held Instruments: Speculums, Forceps, Scissors, Scalpels

4) By Software: Electronic Medical Records (EMR) Software, Imaging Software, Data Management Software

5) By Other Devices: Contraceptive Devices, Menstrual Cups, Pelvic Floor Devices

What Regions Are Contributing Significantly to the Growth of the Gynecological Devices Market?

North America was the largest region in the gynecological devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the gynecological devices market report forecast period. The regions covered in the gynecological devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

How Is the Scope and Reach of the Gynecological Devices Market Defined?

Gynecological devices are instruments designed for the management of the female’s reproductive system, childbirth, and pregnancy. Gynecology devices are used to perform various medical procedures for the well-being of females.

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