Global Hysteroscopes Market 2016-2020

Overview of the hysteroscopes market

According to the market research analysts at Technavio, the global hysteroscopes market is expected to witness steady growth and will post a moderate CAGR of more than 4% during the forecast period. Limitations in open surgeries is a major factor that  is expected to drive this market’s growth over the coming years. Open surgeries involve large incisions that take a long time to heal and involves longer hospital stays. Also, general anesthesia is required during an open surgery, which increases complications during the operation. On the other hand, hysteroscopy does not require any incision as it enters the cervix directly into the uterine cavity for diagnosis and treatment. Moreover, hysteroscopy has several advantages including minimum blood loss, quick recovery time, and shorter hospital stay, which will lead to its increasing adoption over the next four years.

In terms of geographical regions, the Americas was the highest revenue contributing region during 2015 and will continue to lead the market until the end of 2020. Rising geriatric population in the region leads to chronic gynecological problems, resulting in the augmented demand for hysteroscopy procedures and associated devices for treatment. Also, advances in product design and function of hysteroscopy devices will also contribute to this market’s growth in the region.

Competitive landscape and key vendors

The global hysteroscopes market is highly fragmented owing to the presence of several well-established large, medium, and small sized companies. Advances in technology and product upgrading will increase the level of competition among vendors. Also, most vendors are looking to expand their presence in the market by gaining new contracts. For instance, Smith & Nephew entered into an agreement with Medtronic to sell Truclear hysteroscopes in the US. 

Key vendors in this market are -

• Hologic
• Karl Storz
• Olympus Medical
• Stryker

Other prominent vendors in the market include asap endoscopic products, Braun Melsungen, Dimeda Instrumente, EMOS Technology, EndoLook, Ethicon, Henke-Sass, Maxerendoscopy, MedGyn, Optec Endoscopy Systems, Optomic, Richard Wolf, SCHÖLLY FIBEROPTIC, Smith & Nephew, SOPRO-COMEG, TIMESCO, Vimex, WISAP, and Xion Medical.

Segmentation by product type and analysis of the hysteroscopes market

• Rigid non-video hysteroscopes
• Flexible non-video hysteroscopes
• Flexible video hysteroscopes

During 2015, the flexible non-video hysteroscopes segment accounted for the maximum market share and will continue to dominate the market during the predicted period. Flexible hysteroscopes are associated with fewer complications when compared to the rigid ones, leading to their augmented adoption. Most surgeons prefer hysteroscopes as it involves less pain and can be performed without the use of anesthesia. Also, the sterilization of flexible non-video hysteroscopes such as disinfection, cleaning, and storage is simpler in this process compared to rigid ones.

Segmentation by end user and analysis of the hysteroscopes market

• Hospitals
• ASCs
• Clinics

The hospital segment was the leading revenue contributing end user segment during 2015 and will continue to lead the market over the next four years. Most multispecialty hospitals work under government sponsorship programs and usually have more than 500 hospital beds, allowing the accommodation of several individuals within the locality as well from neighboring areas. Moreover, hospitals have a better infrastructure and medical devices, as a result of which, most people opt for hospitals over clinics and ASCs to undergo surgeries.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global hysteroscopes market?
• What are the key market trends impacting the growth of the global hysteroscopes market?
• What are the challenges to market growth?
• Who are the key vendors in the global hysteroscopes market?
• What are the market opportunities and threats faced by the vendors in the global hysteroscopes market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global hysteroscopes market?

Technavio also offers customization on reports based on specific client requirement.

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• Global Endoscopy Devices Market 2015-2019
• Global Minimal Invasive Surgery Market 2015-2019