The global Gynecological Devices market size surpassed at US$ 17,449 million in 2019 and expected to reach US$ 25.30 billion by 2027 with a CAGR of 3.8 % from 2021 to 2027.
Gynecological devices are the instruments and equipment used in the treatment of the gynecological disorders. Gynecological devices includes surgical devices, hand instruments, diagnostics imaging services and gynecological chairs.
The rise in demand of the gynecological devices are ascribed to technological advancements leading to the advanced products, rising incidences of gynecological procedures, increase in C-section procedure, uterine fibroids and others conditions.
Rise in the adoption of the disposable equipment due to increasing need of sanitization, sterilization, rise in cases of emergency visits at trauma centers are estimated to propel the market of the gynecological devices market in coming years.
Technological advancements in gynecological devices to Drive Market
Surgical Devices Segment to Dominate Market
North America to Dominate Global Market
The global Gynecological Devices market is fragmented in terms of number of players. Key players in the global market include Boston Scientific Corporation, Medtronic plc, Johnson & Johnson Services (Ethicon, Inc.), Stryker Corporation, Merck & Co, Inc., Olympus Corporation, Cooper Surgical, Inc., Hologic, Inc., Richard Wolf Gmbh, Karl Storz Gmbh & Co. KG, and other players.
Scope of Report
VRR’s report on the global Gynecological Devices market studies past as well as current growth trends and opportunities to gain valuable insights of these indicators of the market during the forecast period from 2019 to 2027. The report provides revenue of the global gynecological devices market for the period 2016–2027, considering 2020 as the base year and 2027 as the forecast year. The report also provides the compound annual growth rate (CAGR) for the global gynecological devices market during the forecast period.
The report has been prepared after an extensive primary and secondary research. Primary research involved bulk of research efforts, wherein analysts carried out interviews with industry leaders and opinion makers. Extensive secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the global gynecological devices market.
Secondary research also included Internet sources, statistical data from government agencies, websites, company presentations, sales data, and trade associations. Analysts have employed a combination of top-down and bottom-up approaches to study various phenomenon in the global gynecological devices market.
The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Furthermore, the report sheds light on the changing competitive dynamics in the global gynecological devices market. These indices serve as valuable tools for existing market players as well as for entities interested in entering the global gynecological devices market.
The report delves into the competitive landscape of the global gynecological devices market. Key players operating in the global gynecological devices market have been identified, and each one of these has been profiled for distinguishing business attributes. Company overview, financial standings, recent developments, and SWOT are some of the attributes of players in the global gynecological devices market that have been profiled in this report
Key Questions Answered in Global Gynecological Devices Market Report
A unique research methodology has been utilized by VRR to conduct comprehensive research on the growth of the global gynecological devices market and arrive at conclusions on its growth prospects. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the drawn conclusions.
Secondary methods referred to by analysts during the production of the global Gynecological Devices market report include statistics from company annual reports, SEC filings, company websites, investor presentations, regulatory databases, government publications, and industry white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, Gynecologist, Endoscopic Specialists, Research & Academic Institutes, and Medical Directors, who contributed to the production of VRR’s study on the gynecological devices market as primary methods.
These primary and secondary methods have provided exclusive information during interviews, which serves as a validation from the Gynecological Devices market leaders. Access to an extensive internal repository and external proprietary databases enabled this report to address specific details and questions about the global gynecological devices market with accuracy. The study also uses the top-down approach to assess the revenues for each segment and the bottom-up approach to counter-validate them. This has helped in reaching VRR’s estimates on future prospects of the global gynecological devices market more reliably and accurately.
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