Major factors responsible to drive the market growth include, rising number of gynecological diseases, use of biomedical photonics and increasing advancements in devices used for women. However, the limited access to contraception is likely to hamper the market growth during forecast period.
The health care industry is offering various high-tech products for the diagnosis and treatment of gynecological problems in women. The advancement in the healthcare industry, specifically in the medical devices industry, has encouraged players to provide customers with the best equipment, devices, and systems. Manufacturers of medical devices have devised innovative gynecological devices with better efficacy and reduced the patient’s discomfort by providing quick recovery. Moreover, the evolution of endometrial ablation devices for the treatment of menorrhagia and the use of endoscopes in gynecological surgeries are a few key developments in the gynecology devices market in the last few years. For instance, in 2018, General Electric Company launched Versana Essential, a new ultrasound system with a wide range of medical applications. It also has Whizz—one-touch dynamic image optimization features. Further, the company launched LOGIQ E10, a new generation of high-end radiology ultrasound systems. It is the most technologically-advanced ultrasound that offers fast, precise, and consistent imaging of patients.
The advancement in the system has enabled minimal invasive gynecological surgeries. For instance, Cooper Surgical offers various minimally invasive products for gynecological services. Similarly, Hologic, Inc. provides minimally invasive treatment options that use science and technology to restore the quality of life for women with gynecological conditions. Therefore, the availability of several gynecology devices that aid in increasing the efficiency of minimally invasive procedures and the development of imaging devices, including 3D endoscopes, is driving the gynecology devices market.
The developments in the medical devices industry have motivated the existing and upcoming players to introduce their novel products in the market. For instance, the use of biomedical photonics for gynecological surgeries has various scopes for the gynecology market players to develop and introduce products for biomedical photonics. Biomedical photonics is specially designed for uterine transplantation that is used for a permanent uterine factor of fertility. The study for this technique was conducted using minimally invasive optical spectroscopy (MSI), which was performed on rabbits and sheep. Further, the study proved MSI to be promising for human use in the future. Therefore, the research and development in this field will offer various opportunities for the gynecology devices market players in the coming years.
EUROPE GYNECOLOGY DEVICES MARKET SEGMENTATION
The Europe gynecology devices market based on the product is segmented into surgical device, hand instruments, and diagnostic imaging systems. The Europe gynecology devices market based on the end user is segmented into hospitals,
diagnostic centers, clinics, and others. Geographically, the Europe gynecology device market is divided into Germany, Spain, Italy, France, the UK, and the Rest of Europe.
Boston Scientific Corporation; CooperSurgical, Inc; Ethicon; General Electric Company; Hologic, Inc.; KARL STORZ SE & Co. KG; Medtronic; Olympus Corporation; Richard Wolf GmbH.; and Stryker are among the leading companies operating in the Europe gynecology device market.