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, 2024-2032

Hysteroscopy is a procedure that is used to diagnose as well as treat the causes of abnormal uterine bleeding. The procedure is done with the help of hysteroscope. Hysteroscope is a thin, lighted tube that is inserted into the vagina to examine the cervix and inside of the uterus. Hysteroscopy procedures are also done before/and or after other gynocological procedures such as endometrial ablation or myectomy. The rise in geriatric population is expected to augmemt the market growth as the elderly female population are more susceptible to conditions involving the usage of hysteroscopes such as abnormal uterine bleeding, fertility examinations. Also increase in the number of coupels opting for assisted reproductive technology procedures is also expected to boost the market growth during the forecast period.

The hysteroscope market is expected to account for a significant growth rate during the forecast period due to factors such rising female geriatric population, growing incidence of post-partum hemorrhages, increase in the technological advancements, and growing awareness regarding women health. However, high cost of the hysteroscopy procedure is the major factor likely to restrict the growth of hysteroscope market.

Market Segmentation:

Globally, the hysteroscope market can be segmented on the basis of the product type, application, end user, and region. Based on the product type, the market can be segmented into rigid hysteroscope and flexible hysteroscope. Based on application, the market can be segmented into myomectomy, polypectomy, endometrial ablation, and others. Based on end user, the market can be segmented into hospitals, ambulatory surgical centers, gynecology clinics, and others. Geographically, the hysteroscope market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa.

Key Players Covered:

Some of the major companies that are present in the hysteroscope market are Stryker, Boston Scientific Corporation, OLYMPUS CORPORATION, KARL STORZ GMBH & CO. KG, Hologic, Inc. Medtronic, B. Braun Melsungen AG, CooperSurgical, Inc., and other prominent players.

Key Insights:

• Key Industry Trends


• Prevalence of gynecological disorders involving use of hysteroscopy


• Recent Technological Advancements


• New Product Launches


• Key Industry Developments Mergers, Acquisitions, And Collaborations

Regional Analysis:

Geographically, the hysteroscope market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is projected to account for maximum share of the hysteroscope market. The supremacy of this region can be credited to the factors such as high awareness with respect to women health, rising geriatric population, and technological advancements in hysteroscope. For instance, according to the American Community Survey Report, in 2016, there were more number of older females (27.5 million) than males (21.8 million) in U.S. Europe is expected to hold second largest market share in global market. High demand for minimally invasive procedures, growing technological advancements in hysteroscope, and increasing number of couples opting for assisted reproductive technologies are primarily responsible the market expansion in Europe. On the other hand, the market in Asia Pacific is expected to grow with the highest CAGR owing to the growing awareness among the population regarding women health and improving healthcare sector. Latin America and the Middle East & Africa are projected to account for comparatively lower market shares and growth rates. However, growing geriatric population coupled with growing demand for minimally invasive surgeries in these regions are likely to aid the market growth in the upcoming years.

Segmentation

Hysteroscope Market Industry Developments

• In May 2020, OLYMPUS CORPORATION signed an exclusive agreement with UVision360 to market its LUMINELLE DTx Hysteroscopy System in the US.


• 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 visualization capabilities designed for both diagnostic and therapeutic hysteroscopic procedures in U.S.