Hysteroscopy Procedures Market Size, Share & Trends Analysis Report By End Use (Ambulatory Surgical Centers, Hospitals, Clinics), By Region (Asia Pacific, Europe, North America)- Global Industry Analysis, Share, Growth, Regional Outlook and Forecasts, 2021-2027

The global Hysteroscopy Procedures market gathered revenue around USD 3.7 Billion in 2020 and market is set to grow USD 7.21 Billion by the end of 2027 and is estimated to expand at a modest CAGR of 7.4% during the prediction period 2021 to 2027.

Growth Factors:

The increasing prevalence of gynecological disorders, such as uterine abnormalities, abnormal uterine bleeding, uterine fibroids, and fertility disorders, is a key factor driving the market growth. Moreover, the rising adoption of minimally invasive surgeries over traditional methods and technological advancements are other major factors fueling the market growth.

Surge in prevalence of gynecological disorders, technological advancements, increasing adoption of minimally invasive surgeries, and favorable reimbursement policies are the key driving factors for the market. In addition, the impact of the COVID-19 pandemic has been significant on the market.

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.

The increasing prevalence of uterine fibroids is a key factor driving the market. For instance, as per the research article published in Dove Press Ltd., the prevalence of uterine fibroid disease ranges from 5.40% to 24.0%, depending upon the age group. Moreover, uterine fibroids can cause serious problems in 25% of women. Hysteroscopy is used to diagnose abnormalities, such as excessive bleeding, severe stomach cramps, recurrent miscarriages, or difficulties in conceiving. Thus, the presence of such a large patient pool leads to increased demand for hysteroscopy procedures.

This research report purposes at stressing the most lucrative growth prospects. The aim of the research report is to provide an inclusive valuation of the Hysteroscopy Procedures market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global Hysteroscopy Procedures market report aids in comprehending market structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.

Report Coverage

COVID-19 Impact Assessment on Market Landscape

The report comprises the scrutiny of COVID-19 lock-down impact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilar across various industry verticals. The research report offers present short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lasting tactics for recovery and by region.

Hysteroscopy Procedures market Report empowers readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplishes sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.

Regional analysis:

North America dominated the global market with a revenue share of over 37.9% in 2020 and will expand further at a steady CAGR from 2021 to 2027. 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. For instance, in August 2018, the U.S. FDA approved Luminelle DTx Hysteroscopy System by UVision360 for both hysteroscopy and cystoscopy. The system allows physicians to perform in-office hysteroscopic procedures, such as biopsy, and detect abnormal tissue growth. Thus, the ease of access to healthcare technologies, the presence of strong distribution channels, and competition among prominent players related to product innovation are contributing to market growth in this region.

Asia Pacific is expected to be the fastest-growing regional market during the forecast period. The presence of a large patient pool and the growing need for technologically advanced & cost-effective healthcare solutions are among factors expected to present significant growth opportunities in the market. Moreover, an increase in the number of clinical trials and high R&D investments by global market players to enter untapped markets in Asia Pacific region, owing to low-cost services, are high-impact rendering drivers of the market. Moreover, the rising incidence of diseases related to women’s health and subsequently increasing the number of surgeries are expected to boost the regional market growth over the forecast period. Singapore and South Korea are some of the emerging economies in Asia Pacific. Advancing technology, increasing investments, improving reimbursement scenarios, and growing medical tourism are among the factors expected to drive the region’s growth.

Competitive Rivalry

Foremost players in the market are attentive on adopting corporation strategies to enhance their market share. Some of the prominent tactics undertaken by leading market participants in order to sustain the fierce market completion include collaborations, acquisitions, substantial spending in R&D and the improvement of new-fangled products or reforms among others.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

• Company Overview
• Company Market Share/Positioning Analysis
• Product Offerings
• Financial Performance
• Recent Initiatives
• Key Strategies Adopted by Players
• Vendor Landscape
• List of Suppliers
• List of Buyers

Some of the prominent players in the Hysteroscopy Procedures Market include: 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)

Unravelling the Critical Segments

This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:

• By End-use

• Hospitals
• Clinics
• Ambulatory Surgery Centers (ASCs)

By Geography

North America

• U.S.
• Canada

Europe

• Germany
• France
• United Kingdom
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• Southeast Asia
• Rest of Asia Pacific

Latin America

• Brazil
• Rest of Latin America

Middle East & Africa (MEA)

• GCC
• North Africa
• South Africa
• Rest of Middle East & Africa

Highlights of the Report:

• Market Penetration: Comprehensive information on the product portfolios of the top players in the market.
• Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market
• Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
• Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the market

Research Methodology

In the study, a unique research methodology is utilized to conduct extensive research on the growth of the Hysteroscopy Procedures market, and reach conclusions on the future growth parameters of the market. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of the conclusions.

Secondary resources referred to by analysts during the production of the Hysteroscopy Procedures market study are as follows - statistics from government organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, all of whom have contributed to the development of this report as a primary resource.

Comprehensive information acquired from primary and secondary resources acts as a validation from companies in the market, and makes the projections on the growth prospects of the Hysteroscopy Procedures markets more accurate and reliable.

Secondary Research

It involves company databases such as Hoover's: This assists us recognize financial information, structure of the market participants and industry competitive landscape.

The secondary research sources referred in the process are as follows:

• Governmental bodies, and organizations creating economic policies
• National and international social welfare institutions
• Company websites, financial reports and SEC filings, broker and investor reports
• Related patent and regulatory databases
• Statistical databases and market reports
• Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to face interviews, online surveys, and telephonic interviews.

• Means of primary research: Email interactions, telephonic discussions and Questionnaire based research etc.
• In order to validate our research findings and analysis we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

Industry participants involved in this research study include:

• CEOs, VPs, market intelligence managers
• Procuring and national sales managers technical personnel, distributors and resellers
• Research analysts and key opinion leaders from various domains

Key Points Covered in Hysteroscopy Procedures market Study:

• Growth of Hysteroscopy Procedures in 2021
• Market Estimates and Forecasts (2017-2027)
•  Brand Share and Market Share Analysis
•  Key Drivers and Restraints Shaping Market Growth
•  Segment-wise, Country-wise, and Region-wise Analysis
•  Competition Mapping and Benchmarking
•  Recommendation on Key Winning Strategies
•  COVID-19 Impact on Demand for Hysteroscopy Procedures and How to Navigate
•  Key Product Innovations and Regulatory Climate
•  Hysteroscopy Procedures Consumption Analysis
•  Hysteroscopy Procedures Production Analysis
•  Hysteroscopy Procedures and Management