Global Gynecological Devices Market Pipeline Insight and Therapeutic Assessment Reviewed by 2018-2026

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The global gynecological devices market was valued at US$ 2,667.8 million in 2015 and is expected to witness a moderate CAGR of 6.3% during the forecast period (2016 – 2024).

Gynecological examination requires meticulous approach to avoid diagnostic error. Specialized devices such as vaginal speculums, curettes, forceps, and retractors are developed to ease the surgery. Moreover, gynecological examination chairs makes conditional screening less cumbersome for the gynecologist. Such innovative devices have augmented the gynecological devices market growth.

Growing incidence of gynecological conditions such vaginitis, endometriosis, and uterine fibroids would generate demand for gynecological devices in hospitals and surgical centers. Cervical cancer is one of the most prevalent condition among women worldwide. Growing incidence of cervical cancer would propel the gynecological devices market growth during the forecast period (2016–2024).

Most of the women worldwide are oblivious to the high risk of dreadful diseases such as cervical cancer, pelvic pain, uterine fibroids, and vaginitis that they are susceptible to. The Centers for Disease Control and Prevention (CDC) runs a National Breast and Cervical Cancer Early Detection Program (NBCCEDP) that has been running successfully for over 20 years. The program aims to create awareness and provide women in the low-income group or those who are uninsured, with regular breast and cervical cancer screening and diagnostic services.

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Early detection is vital in treating such diseases and such initiatives would propel growth of gynecological imaging devices market. Increasing prevalence of gynecological diseases would propel demand for gynecological surgical devices. The Obstetrics and Gynecology Devices Panel at the Food and Drug Administration (FDA) reviews and evaluates the safety and effectiveness of investigational and marketed gynecological devices to ensure patient safety.

Competitive Analysis

Key companies covered as a part of this study include Ethicon, Inc., Hologic, Inc., Stryker Corporation, Cooper Surgical, Inc., Karl Storz GmbH& Co. KG, Boston Scientific Corporation, and Richard Wolf GmbH.

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About Author

William Clarke is the lead editor for Oak Tribune. William has written for many publications including the New York Post Vanity Fair and Business Insider. William is based in New York city and covers issues affecting his city and his country. In addition to following the day-to-day life of the Big Apple, William also has a passion rowing and can often be found paddling the shores of NYC.