Hysteroscopy Procedures Industry Overview
The global hysteroscopy procedures market size is expected to reach USD 6.34 billion by 2028, registering a CAGR of 6.7% over the forecast period, according to a new report by Grand View Research, Inc. Surge in prevalence of gynecological disorders, technological advancements, increasing adoption of minimally invasive surgeries, and favorable reimbursement policies are the key driving factors for the market. In addition, the impact of the COVID-19 pandemic has been significant on the market.
Hysteroscopy Procedures Market Segmentation
Grand View Research has segmented the global hysteroscopy procedures market on the basis of end use and region:
Based on the End-use Insights, the market is segmented into Hospitals, Clinics, Ambulatory Surgery Centers (ASCs).
- The hospitals segment accounted for the largest revenue share of over 52% in 2020 due to a significantly high inflow of patients for gynecological procedures as compared to other healthcare settings as hospitals can handle any emergencies that may arise during and after surgical procedures.
- For instance, according to the NCBI, around 30,000 myomectomies are performed annually for leiomyomata (fibroids) in the U.S. Moreover, hospitals are the primary health system in the majority of countries; therefore, the number of hysteroscopy procedures done at hospitals is relatively high than in other healthcare settings.
- The Ambulatory Surgery Centers (ASCs) segment is expected to exhibit the highest CAGR of 7.00% during the forecast period. Increased preference for outpatient procedures might surge the usage of hysteroscopy procedures in ASCs, boosting the segment growth.
- Outpatient (ambulatory) hysteroscopy is conducted outside the formal setting of an operation theater in a suitably equipped and staffed treatment room. This offers patient comfort and reduces the required time for diagnostic hysteroscopy.
- Hysteroscopy in the ambulatory setting has shown accuracy and patient acceptability equivalent to inpatient hysteroscopy procedures; hence, ambulatory hysteroscopy is rapidly advancing in the field of gynecological practice.
Hysteroscopy Procedures Regional Outlook
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East Africa (MEA)
Key Companies Profile Market Share Insights
Key players are involved in adopting strategies, such as mergers acquisitions, partnerships, and new product launches, to strengthen their foothold in the global market. For instance, in February 2021, CooperSurgical, Inc. acquired AEGEA Medical. The acquisition will help the firm expand its product portfolio of women's health.
Some prominent players in the global hysteroscopy procedures market include
- Medtronic
- Stryker Corp.
- Hologic, Inc.
- KARL STORZ SE Co. KG
- Medical Devices Business Services, Inc. (Ethicon, Inc.)
- Olympus Corp.
- Delmont Imaging
- B. Braun Melsungen AG
- Richard Wolf GmbH
- CooperCompanies
- Maxer Endoscopy GmbH
- Boston Scientific Corp.
- MedGyn Products, Inc.
- Lina Medical APS
- Luminelle
- Meditrina, Inc. (Aveta)
Order a free sample PDF of the Hysteroscopy Procedures Market Intelligence Study, published by Grand View Research.
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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