The global Hysteroscopy Procedures market size is expected to be worth around US$ 7.34 billion by 2030, according to a new report by Vision Research Reports.
The global Hysteroscopy Procedures market size was valued at US$ 6.83 billion in 2020 and is anticipated to grow at a CAGR of 10.7% during forecast period 2021 to 2030.
Growth Factors
The pandemic has affected companies’ ability to develop and commercialize new & advanced products. Almost all companies are affected by reduced procedure volumes due to the pandemic, as all hospital resources are being diverted to fight the disease. Furthermore, the restrictions and functioning of a limited number of government offices are expected to delay clinical trials of products, which is expected to result in delayed product launches by companies.
Get Sample Copy of This Report@ https://www.visionresearchreports.com/report/sample/38307
the rising adoption of minimally invasive surgeries over traditional methods and technological advancements are other major factors fueling the market growth. The impact of the COVID-19 pandemic has been significant on the market. The unprecedented surge of COVID-19 cases globally has led to inadequate care for patients suffering from other diseases.
Report Highlights
On the basis of end use, the market has been segmented into hospitals, clinics, and Ambulatory Surgery Centers (ASCs). The hospitals segment accounted for the largest revenue share of over 62% 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. Moreover, hospitals offer a broad range of treatment options, which will drive the segment over the forecast years.
The ASCs segment is expected to exhibit the highest CAGR of 8.00% 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.
North America dominated the global market with a revenue share of over 48% in 2020 and will expand further at a steady CAGR from 2021 to 2030. This can be attributed to favorable government regulations & reimbursement policies, the presence of key market players, growing approval & commercialization of products, and high awareness regarding the availability of diagnostic tests & treatments. Furthermore, the rising demand for minimally invasive procedures and increasing investments in the R&D of gynecological systems are among the factors responsible for market growth in the region.
| Report Coverage | Details |
| Market Size | US$ 7.34 billion by 2030 |
| Growth Rate | CAGR of 10.7% From 2021 to 2030 |
| Base year | 2020 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | End-use |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
| Companies Mentioned | 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) |
Buy This Premium Research Report, click here@ https://www.visionresearchreports.com/report/cart/38307 or call: +1 9197 992 333
Key Players
Market Segmentation
In this study, the years considered to estimate the market size of Hysteroscopy Procedures are as follows:
Reasons to Purchase this Report:– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.
Secondary Sources
Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.
Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.
The study objectives of this report are:
Buy This Premium Research Report, click here@ https://www.visionresearchreports.com/report/cart/38307 or call: +1 9197 992 333
Vision Research Report, Recently Announced New Report on "Smart Lock market - Global Industry Analysis,…
Vision Research Report, Recently Announced New Report on "2D barcode reader market - Global Industry…
Vision Research Report, Recently Announced New Report on "commercial refrigeration equipment market - Global Industry…
Vision Research Report, Recently Announced New Report on "Restaurant Point-of-Sale Terminal market - Global Industry…
Vision Research Report, Recently Announced New Report on "vacuum cleaner market- Global Industry Analysis, Market…
Vision Research Report, Recently Announced New Report on "household refrigerators and freezers market - Global…