The global hysteroscope market is projected to progress at a CAGR of 4.5% during 2016-2022. The market growth is attributed to the rising incidence of uterine cancer, surge in female geriatric population, increasing demand of minimally invasive diagnosis and treatment methods, increasing number of abnormal uterine bleeding and female infertility cases.
Surge in female geriatric population tends to lead to an increasing demand for hysteroscopes. This is mainly because aged women are susceptible to various gynecology related disorders including formation of polyps and fibroids and abnormal bleeding from the uterus. In addition, aging causes hormonal imbalance in females which leads to irregular menses; thereby, bolstering the growth in the hysteroscope market.
Also, patients are increasingly opting for minimally invasive procedures over traditional surgeries which is likely to fuel the growth of the hysteroscope market. This is mainly because hysteroscopic procedures do not require any incision, which means, patients recover at a faster rate with minimal blood loss and decreased hospitalization days. Instead, it is inserted into the vaginal cavity and advanced into the uterus via cervix. On the other hand, traditional surgeries require healthcare professionals to make large incisions, which leads to longer recovery time and increased hospitalization days.
Moreover, hysteroscope accurately identifies causes of infertility by examining the uterine cavity. It helps to identify the presence of any adhesion, intrauterine lesion, carcinoma, malformations, polyps, or myomas. Accurate and early diagnosis of such problems can help the doctors and gynecologists to treat the patients effectively and increasing their chances of pregnancy.
However, the use of hysteroscopes is also associated with few challenges which are impeding the growth of the global market. The high cost of hysteroscopy procedure, mild-to-moderate adverse events, and availability of alternative treatment and diagnostic procedures such as drug therapies, ultrasound, and blood test, are hampering the growth of hysteroscope market.
Explore Report with Detailed TOC at: https://www.psmarketresearch.com/market-analysis/hysteroscopes-market
Olympus Corporation, MedGyn Products Inc., KARL STORZ GmbH & Co. KG, B. Braun Melsungen AG, Richard Wolf GmbH, Hologic Inc., Stryker Corporation, and Xion Medical GmbH are some of key companies operating in the global hysteroscope market.
Global Hysteroscope Market Segmentation