Growing prevalence of gynecological diseases and emergence of technologically advanced surgical devices to drive the growth of India gynecology surgical devices market
According to TechSci Research report, “India Gynecology Surgical Devices Market By Product (Endometrial Ablation Devices, Endoscope, Fluid Management System, Others), By Indication (Endometriosis, Uterine Fibroids, Ovarian Cysts or Tumors) , By End users (Public Hospitals, Private Hospitals, Gynecological Centers, Others), By Region, Competition, Forecast & Opportunities, 2025”, the India gynecology surgical devices market is expected to grow at a formidable rate during the forecast period on account of changing consumer preference towards minimally invasive surgeries. In addition to this, surging demand for gynecology surgical instruments which are used to treat diseases that are associated with the female reproductive system is further driving the market growth in the country. Moreover, because of increased focus on family planning, there has been rapid growth in the demand for female sterilization and contraceptive devices, which is anticipated to bode well for the growth of gynecology surgical devices market in the country. Furthermore, increased expenditure in healthcare sector is anticipated in giving healthy push to the market growth through 2025. Along with that, continuous technological advancements in the field of gynecology is anticipated to positively influence the market growth in the coming years. However, some of the most important factors that are restraining the growth of the India gynecology surgical devices market during the forecast period are stringent regulatory approval procedures to ensure safety of the products, high costs of surgical procedures and increasing preference for robotic surgeries.
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The India gynecology surgical devices market
is segmented based on product, indication, end user, company and region. Based
on end users, the market can be categorized into public hospitals, private
hospitals, gynaecological centres and others. Among them, the gynaecological
centres segment dominated the market until 2019 in terms of high revenue and is
further estimated to maintain its leading position during the forecast years as
well. This growth can be attributed to the incorporation of advanced surgical
devices to be used for multiple purposes like modular forceps and scissors
system. Additionally, growing government support control growing population in
the country is further bolstering the growth of segment in the years to come. In
terms of indication, the market is fragmented into endometriosis, uterine
fibroids, ovarian cysts or tumors, ectopic pregnancy, pelvic abscess or pus and
others. Among them, endometriosis segment is anticipated to register high
growth during the coming years, on account of rising women population suffering
from this disease.
Boston Scientific Corporation, Dolphin Surgicals, G. T. B. Surgical Industries, Gem Optical Instruments Industries, Genuine Medica Pvt. Ltd., Hebson, IndoSurgicals Pvt. Ltd., Johnson & Johnson, Karl Storz, KDB Surgi Pharma, Kraft Surgicals Private Limited, Major Surgical Co., Medtronic, Modern Surgicals, Olympus Corporation, Pridex Medicare Pvt. Ltd., Proexamine Surgicals Pvt. Ltd., Richard Wolf GmbH, Stryker Corporation, Volksmann Medical Pvt. Ltd. and others are some of the leading players operating in India gynecology surgical devices market. These market players are focusing more on strategic partnership such as partnerships and new product developments in order to expand their geographic reach. For instance, in November 2017, Cooper companies acquired Intra Uterine Device Para guard from Teva Pharmaceutical Industries Ltd in order to increase their customer base.
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“India gynecology surgical devices market is expected
to witness significant growth during the forecast period which is accredited to
existence of large prospective patient pool. Moreover, well-established
healthcare infrastructure is available in the country, which is further anticipated
to fuel the growth of the India gynecology surgical devices market until 2025. Moreover,
growing awareness among the population pertaining to the availability of
diagnostic tests and treatments is anticipated to aid the growth of the gynecology
surgical devices market through 2025.” said Mr. Karan Chechi, Research Director
with TechSci Research, a research based global management consulting firm.
“India Gynecology Surgical Devices Market By Product
(Endometrial Ablation Devices, Endoscope, Fluid Management System, Others), By Indication
(Endometriosis, Uterine Fibroids, Ovarian Cysts or Tumors) , By End users
(Public Hospitals, Private Hospitals, Gynecological Centers, Others), By
Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of India gynecology
surgical devices market and provides statistics & information on market
size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges and opportunities in India gynecology
surgical devices market.