The global ”hysteroscope market” size is anticipated to showcase robust growth owing to the increasing geriatric population worldwide, observes Fortune Business Insights™ in an upcoming report, titled, “Hysteroscope Market Size, Share & Industry Analysis, By Product Type (Rigid Hysteroscope, Flexible Hysteroscope), By Application (Myomectomy, Polypectomy, Endometrial Ablation, Others), By End User (Hospitals, Ambulatory Surgical Centers, Gynecology Clinics, Others) and Regional Forecast 2020-2027.” Hysteroscopy procedures are done before and/or after the gynecological procedures such as endometrial ablation or myectomy.
The COVID-19 pandemic is specifically affecting the healthcare sector owing to the rapid scarcity of resources in hospitals due to the amplifying number of corona virus positive cases. Restrictive regulations regarding social distancing are expected to significantly reduce the number of appointments, forcing the healthcare industry to a standstill.
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Drivers & Restraints-
Increasing Female Geriatric Population Worldwide to Drive Growth
According to the census report funded by the National Institutes of Health, nearly 617 million people have registered their age as 65 years or above. In addition, out of these people, the ratio of elderly females is high compared to elderly males. These factors are estimated to drive the growth of the global hysteroscope market. Moreover, increasing technological advancements in the field of medicine is set to further enhance growth. However, the high cost of this procedure is projected to relinquish growth.
Rising Awareness for Women’s Health in U.S. to Help North America Gain Prominence
North America is projected to lead the global hysteroscope market owing to factors such as the rising awareness regarding women’s health and increasing female geriatric population in the region. For instance, according to the American Community Survey report, in 2016, the total number of older females was higher at 27.5 million than that of males at 21.8 million in the U.S.
The market in Europe is estimated to grow impressively in the forecast timeframe. The high demand for minimally invasive procedures and increasing number of patients opting for assisted reproductive technology are the major factors anticipated to drive growth in the region.
An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
To get the short-term and long-term impact of COVID-19 on this Market.
Highlights of the Report:
While making the report, we segmented the market on the basis of product, type, consumption, distribution channel, and region. Based on the segmentation, we made a list of companies and conducted a detailed analysis of their financial positions, product portfolios, and growth strategies. Our next step included the study of core competencies of key players and their market share to anticipate the degree of competition. The bottom-up procedure was conducted to arrive at the overall size of the market.
Collaboration with Major Enterprises to Aid Key Players Establish Business Globally
The global hysteroscope market comprises various enterprises focusing on the development of the industry. Key players operating are collaborating with major companies to establish their businesses on a global scale. For instance, in May 2020, OLYMPUS CORPORATION signed an exclusive agreement with UVision360 to market its LUMINELLE DTx hysteroscopy system in the U.S.
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- In November 2019, Medtrina, Inc. announced to launch the Aveta Hysteroscopy System at the 2019 American Association of Gynecologic Laparoscopists meeting.
- In January 2019, Hologic, Inc. launched Omni Hysteroscope, a three-in-one modular scope with advanced virtualization capabilities designed for diagnostic and therapeutic hysteroscopyprocedures in the U.S.
A List of Key Manufacturers Operating In the Global Hysteroscope Market Report:
- Boston Scientific Corporation
- OLYMPUS CORPORATION
- KARL STORZ GmbH & Co. KG
- Hologic, Inc.
- Braun Melsungen AG
- CooperSurgical, Inc.
What are the key segments in the market?
Global Hysteroscope Market Segmentation :
By Product Type
- Rigid Hysteroscope
- Flexible Hysteroscope
- Endometrial Ablation
By End User
- Ambulatory Surgical Centers
- Gynecology Clinics
- North America (USA, Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)
With tables and figures helping analyse worldwide Global hysteroscope Market Forecast provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
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