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Gynecology Devices Market Shows Expected Growth from 2022-2028 With Upcoming Trends, Analysis by Manufacturers

08-12-2024 03:55 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Premium Market Insights

The global Gynecology Devices Market is projected to reach US$ 25,131.22 million by 2028 from US$ 13,658.41 million in 2022; it is expected to grow at a CAGR of 10.7% from 2022 to 2028.

Factors such as the surging number of gynecological diseases and the rising number of advanced medical devices for women drive the growth of the gynecology devices market. However, stringent regulatory policies and limited access to contraception hamper the market growth.

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Analysis of the Top Market Players:

1. CooperSurgical, Inc
2. Boston Scientific Corporation
3. Hologic, Inc.
4. Medtronic
5. Stryker
6. KARL STORZ SE & Co. KG
7. Olympus Corporation
8. General Electric Company
9. Richard Wolf GmbH.
10. Ethicon

In this report, the market has been segmented on the basis of:

Product
• Surgical Devices
• Hand Instruments
• Diagnostic Imaging System

End User
• Hospitals
• Diagnostic Centers
• Clinics

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Gynecology is the study of health issues relating to female reproductive systems, such as vagina, ovaries, and uterus, as well as the female breast. The growing female population and lifestyle choices of women lead to an increase in gynecological diseases. Gynecological devices are used to treat and diagnose these gynecological diseases. The devices are instruments used in gynecological procedures, such as uterine fibroid remobilization, assisted reproduction, hysteroscopy, colposcopes, female sterilization, pelvic floor electrical stimulation, endometrial resection, fluid management, and pelvic organ prolapsed repair. A gynecological device is used during a surgery or operation to execute certain activities or achieve specific results, such as changing biological tissue or allowing access to observe it.

The health care industry is offering various technologically advanced products for the diagnosis and treatment of the gynecological problems of women. The advancement in the healthcare industry, specifically in the medical devices industry, has encouraged players to provide the best equipment, devices, and systems to their customers. Manufacturers of medical devices have devised innovative gynecological devices with better efficacy and reduced the patient's discomfort by offering quick recovery. Moreover, the evolution of endometrial ablation devices for the treatment of menorrhagia and the usage of endoscopes in gynecological surgeries are a few of the prime 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 having a wide range of medical applications and has Whizz one-touch dynamic image optimization features. Further, the company launched LOGIQ E10, a new generation of high-end radiology ultrasound systems that is the most technologically-advanced ultrasound that offers fast, precise, consistent imaging of the patients.

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