North America dominated global gynecology surgical instruments market in 2016, with the U.S. accounting for a major share of this regional market. Factors such as high incidence of gynecological diseases (such as ovarian, uterine, cervical, and vaginal cancer), increasing awareness programs, rising funding for research projects in gynecology, prominent players focusing on strengthening their presence through acquisitions and expansions are likely to drive growth of North American market. Market Investment to Reach $ 2.44 Billion by 2021: North America Commanded the Largest Share
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The global gynecology surgical instruments market is poised to reach USD 2.44 billion by 2021 from USD1.73 billion in 2016, at a CAGR of 7.1% from 2016 to 2021.Major factors contributing to the growth of the global market include a high incidence of gynecological diseases, increasing awareness on gynecological diseases, and rising government investments for providing advanced healthcare facilities &services.
Complete report on “Gynecology Surgical Instruments Market” spread across 139 Pages, Profiling 11 Companies and Supported with 104 Tables and 40 Figures is now available at www.rnrmarketresearch.com/gynecology-surgical-instruments-market-by-product-scissors-forceps-trocar-sims-cusco-application-laparoscopy-colposcopy-hysteroscopy-d-c-ablation-biopsy-end-user-hospital-clinic-ambulatory-surger-st-to-2021-market-report.htmlscissors-forceps-trocar-sims-cusco-application-laparoscopy-colposcopy-hysteroscopy-d-c-ablation-biopsy-end-user-hospital-clinic-ambulatory-surger-st-to-2021-market-report.html .
The Asian gynecology surgical instruments market is slated to grow at the highest CAGR owing to the increasing government and private sector investments in healthcare, growing purchasing power, high incidence of gynecological diseases, government initiatives focusing on women’s health, and improvements in the healthcare sector of Asian countries. Some prominent markets in Asia include China, India, and Japan.
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Stakeholders of Gynecology
- Hospitals and clinics
- Research Institutes and clinical research organizations (CROs)
- Market Research and consulting firms
- Authorities framing reimbursement policies for use of cancer diagnostics
- Companies offering platforms/technologies for cancer diagnosis
- Market research and consulting firms
Followed by North America, Europe dominated global market in 2016. European market mainly driven by increasing adoption of surgical procedures in gynecology, high incidence of gynecological diseases, increasing governmental initiatives for supporting medical innovation, growth of European healthcare sector, and awareness programs.
Various prominent players are focusing on strengthening their presence in the European market through acquisitions, expansions, and product launches.
The gynecology surgical instruments market is fragmented with several global as well as local players. Players offer several products across different subsegments of this market.
For instance, in March 2014, KARL STORZ Endoscopy (UK) Ltd opened its newly redeveloped plant in Dundee, Scotland with an investment of USD 2.8 million (GBP 1.7 million). The plant focuses on medical device manufacturing.
2 Market Ranking Analysis
3 Competitive Situation and Trends
4 Product Launches & Product Upgrades
6 Partnerships, Collaborations, & Agreements
Key players in this market include KARL STORZ GmbH & Co. KG (Germany), Richard WOLF GmbH (Germany), Olympus Corporation (Japan), CooperSurgical Inc.
(U.S.), MedGyn Products (U.S.), Sklar Surgical Instruments (U.S.), and B. Braun Melsungen AG (Germany).
This market is categorized on the basis of product, application, end user, and region. Apart from comprehensive geographical analysis, product analysis, and market sizing, the report also provides a competitive landscape that covers growth strategies adopted by industry players in the last three years.
In addition, the company profiles comprise basic views on the key players and their product portfolios, developments, and strategies adopted.
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