Research and Markets - Global Gynecology Surgical Devices Market to Grow at a CAGR of 3.17% by 2021 - Key Vendors are CooperSurgical, Hologic, Boston Scientific, Intuitive Surgical, Karl Storz & Thermo Fisher Scientific
The global gynecology surgical devices market to grow at a CAGR of 3.17% during the period 2017-2021.
The report, Global Gynecology Surgical Devices Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
One trend in market is increasing adoption of robotic navigation technologies for laparoscopy. Technological innovations in ablation procedures have led to high accuracy with advanced needle placement technology to provide better support for both patients and surgeons. Robotic technology helps enhance surgeon's skills and reduces variability. It also helps in reduction of incision and improvement of recovery time.
According to the report, one driver in market is growing hospital investments in gynecology surgical instruments. Endoscopy is the most common surgical technique used for the treatment of gynecological disorders. Different endoscopy devices are used to enhance the success rate of these procedures. The growth in older population along with the rising incidence of cervical cancer, ovarian cancer, and other gynecological disorders contribute to the high consumption of gynecological surgical devices such as endoscopy ablation systems and endometrial ablation systems. The rising incidence of gynecological disorders and higher success rate of these devices are driving the hospital investment in endoscopy instruments. For instance, in November 2016, Hologic launched the advanced NovaSure global endometrial ablation system for enhancing the treatment of abnormal uterine bleeding. The product was launched in Europe, Canada, and Australia with CE mark approval. Hospital investments in these devices in APAC and EMEA increase patient comfort and operational success rate.