Research and Regulatory Support in Hysteroscope Market to Grow at a Significant Rate in the Coming Years
The global hysteroscope market is expected to grow at a CAGR of 4.5% during the period 2016 - 2022. The global market is increasing, due to growing female geriatric population and increasing incidence of uterine cancer. In addition, the growing female infertility cases, increasing cases with abnormal uterine bleeding and growing demand of minimally invasive treatments is encouraging the growth of the global hysteroscope market.
The information and data in the publication “Global Hysteroscopes Market Size, Share, Development, Growth and Demand Forecast to 2022” represent the research and analysis of data from various primary and secondary sources. The bottom-up approach has been used to calculate the size of the global hysteroscope market by type, application, and end users. The market number for countries is obtained through top-down approach. P&S Market Research analysts and consultants interacted with the authorities from leading companies of the concerned domain, to substantiate every value of data presented in the report. The company bases its primary research on discussions with prominent professionals and analysts in the industry, which is followed by informed and detailed, online and offline research.
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The increasing aging population is propelling the growth of the global hysteroscope market, as the elderly population is more susceptible to gynaecological problems, such as abnormal uterine bleeding, fibroids, and polyps, as compared to adults, which is fuelling the demand hysteroscopes. Aging leads to changes in hormones leading to irregular menses, which contribute to the demand for hysteroscopy, thus driving the growth of the market.
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However, the availability of alternative diagnosis and treatment options, including drug therapies and other diagnostic procedures, such as blood test and ultrasound are inhibiting the growth of the hysteroscope market, as they are well known and widely adopted therapies for the treatment of gynaecological problems. In addition, the high cost of hysteroscopy procedure, in comparison to medication therapy and side effects associated with the usage of hysteroscopes is further restraining the growth of the market. The Asian market is expected to witness the fastest growth during the period 2016 – 2022.
The key companies operating in the global hysteroscope market include KARL STORZ GmbH & Co. KG, Olympus Corporation, Stryker, Richard Wolf GmbH, B. Braun Melsungen AG, Hologic Inc., MedGyn Products Inc., and Xion Medical GmbH.
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