Gynecological Devices Market to be Lucrative in Emerging Nations
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).
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).
Request sample of Gynecological Devices Market: https://www.coherentmarketinsights.com/insight/request-sample/152
Figure 1. Gynecological Surgical Device Share, 2015 (%)
Source: Coherent Market Insights Analysis (2016)
Growing gynecological procedures and disorders
According to the Endometriosis UK, 10% of the population of women worldwide is affected by endometriosis (2016). Pelvic inflammatory disease (PID) is the second most common and serious complication in the history of cervical cancer, uterine fibroids, and vaginitis. Surgeries are essential in complex gynecological indications. Being critical and complex surgical procedures, demand for advance. This would lead to the growth of gynecological devices market.
Patient safety is the main point of care for device manufacturers
Certain gynecological devices such as intra-uterine device (IUD), morcellators, and vaginal speculums can cause infection and skin rashes. Several cases of skin rashes and pelvic pain were reported. The US FDA is the world’s most popular product, Considering their own personal application areas, any adverse effects associated with the devices would severely affect the growth prospects of the gynecological devices market. Advance of robotic surgery is expected to lead to further innovation in gynecological devices in future. Companies need to be aware of the risks involved.
Get Discount On This Report: https://www.coherentmarketinsights.com/insight/request-discount/152
Highly popular emerging economies
Emerging economies such as India and China are home to over 80% of the global population (European Central Bank). A large population of a large population. Manufacturers of gynecological devices can potentially target these emerging nations in Asia, Latin America, Africa and Middle East region for business expansion. Use of contraceptives is the key to success in society. The Center for Disease Control and Prevention (CDC) runs a National Breast and Cervical Cancer Early Detection Program (NBCCEDP) to create awareness and help women in the low-income group or those who are uninsured, with regular breast and cervical cancer screening and diagnostic services. Growing awareness initiatives for women population is creating a need for early diagnosis of a disease. Improving healthcare infrastructure would be an effective driver for gynecological devices market growth. A study published in the Journal of Mid-Life Health in 2014 concluded that nearly 90% of surgeries in rural India were performed without histopathological diagnosis. However, the most important thing is that it is not the case. A study published in the Journal of Mid-Life Health in 2014 concluded that nearly 90% of surgeries in rural India were performed without histopathological diagnosis. However, the most important thing is that it is not the case. A study published in the Journal of Mid-Life Health in 2014 concluded that nearly 90% of surgeries in rural India were performed without histopathological diagnosis. However, the most important thing is that it is not the case.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting company offering comprehensive, comprehensive, and market-oriented analysis, consulting, and consulting services.
Contact us
Mr. Shah
Coherent Market Insights
1001 4th Ave,
# 3200
Seattle, WA 98154
Tel: + 1-206-701-6702
Email: sales@coherentmarketinsights.com
Website: https://www.coherentmarketinsights.com/
Visit Blog: http://globalresearchtrends.blogspot.in/