Gynecological Devices Market Strategies, Top Players, Growth Opportunities, Analysis and Forecast by 2031

The gynecological devices market size is projected to reach US$ 17.70 billion by 2031 from US$ 9.30 billion in 2023. The market is expected to register a CAGR of 7.97% during 2023–2031. The utilization of artificial intelligence in gynecology is likely to remain a key trend in the market.

Gynecological Devices Market Analysis

Key factors driving the growth of the market are increasing gynecological disorders and growing public awareness. Furthermore, rising awareness of simulation education has created growth opportunities for the gynecological devices market over the upcoming forecast period. Demand for gynecological devices is being driven by a rise in gynecological illnesses, including ovarian cancer, cervical cancer, uterine cancer, vaginal cancer, and vulvar cancer. According to the American Cancer Society's 2022 update, women are often diagnosed with endometrial cancer at the age of 60, however, diagnoses before the age of 45 are uncommon.

Gynecological Devices Market Overview

Gynecological diseases comprise various diseases, including uterine cancer, cervical cancer, polycystic ovary syndrome, and ovarian cancer. A total of 334,382 deaths among individuals 25 years of age and older with gynecologic cancer were recorded between 2010 and 2022, according to data released by the NCBI in 2024. For instance, endometrium cancer is the most common cancer of the female reproductive organs in the US, and uterine cancer is the sixth most common cancer in women in the country. According to the American Cancer Society's projections, there will be around 67,880 new cases of uterine cancer identified in the US in 2024. Roughly 13,250 women will lose their lives to uterine cancer.  Further, the availability of gynecological devices used to treat gynecological conditions and disorders is driving the growth of the gynecology devices market.

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Gynecological Devices Market: Strategic Insights

Gynecological Devices Market

• 
  CAGR (2023 - 2031)

  7.97%
• Market Size 2023
  US$ 9.30 Billion
• Market Size 2031
  US$ 17.70 Billion

Market Dynamics

GROWTH DRIVERS

• Availability of gynecological devices used to treat gynecological conditions and disorders is driving the growth of the gynecology devices market

FUTURE TRENDS

• Increasing Number of Advanced Medical Devices for Women which offers diagnosis and treatment of the gynecological problems of women

OPPORTUNITIES

• Use of Biomedical Photonics

Key Players

• CooperSurgical Inc
• Hologic Inc
• Medtronic
• Stryker
• Boston Scientific Corporation
• KARL STORZ SE Co KG
• General Electric Company
• Olympus Corporation
• Richard Wolf GmbH
• Ethicon

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

Product

• Surgical Devices
• Hand Instruments
• Diagnostic Imaging System

End User

• Hospitals
• Diagnostic Centers
• Clinics

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Gynecological Devices Market Drivers and Opportunities

Increasing Number of Advanced Medical Devices for Women

The healthcare industry is offering various technologically advanced products for the diagnosis and treatment of the gynecological problems of women. The advancement in the healthcare industry, specifically in the medical devices industry, has encouraged players to provide their customers with the best equipment, devices, and systems. Manufacturers of medical devices have devised innovative gynecological devices with better efficacy and reduced the patient’s discomfort by offering quick recovery. Moreover, the evolution of endometrial ablation devices for the treatment of menorrhagia and the usage of endoscopes in gynecological surgeries are a few of the prime developments in the gynecology devices market in the last few years. For instance, Olympus launched the Guardenia Contained Extraction System in September 2022. The newest addition to Advanced Surgical Concepts (ASC) Ltd. of Bray, Ireland's arsenal of confined tissue extraction products for gynecological surgeries, is called Guardenia. The system, designed to confine and isolate tissue during or before surgical removal and extracorporeal manual morcellation, is only distributed in the United States by Olympus America Inc.

Use of Biomedical Photonics

The developments in the medical devices industry have motivated existing players and upcoming players to introduce their novel products to the market. For instance, the use of biomedical photonics for gynecological surgeries has various scopes for the gynecology market players to develop and introduce products for biomedical photonics. Biomedical photonics is specially designed for uterine transplantation and is used for a permanent uterine factor of fertility. The study for this technique was conducted using minimally invasive optical spectroscopy (MSI), which was done on rabbits and sheep. Further, the study proved MSI to be promising for human use in the future. Therefore, the research and development in this field will offer various opportunities for the gynecology device market players in the coming future.

Gynecological Devices Market Report Segmentation Analysis

Key segments that contributed to the derivation of the gynecological devices market analysis are product and end user.

• Based on product, the gynecological devices market is segmented into surgical devices, hand instruments, and diagnostic imaging systems. The adult patient simulator segment held a larger market share in 2023.
• Based on end user, the gynecological devices market is segmented by hospitals, diagnostic centers, clinics, and others. The academic institutes segment held a larger market share in 2023.

Gynecological Devices Market Share Analysis by Geography

The geographic scope of the gynecological devices market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.

In North America, the US is the largest market for gynecological devices. Owing to the rising incidence of cancer linked to gynecology, the prevalence of device makers in the region, and technological developments, the North American market for gynecological devices is the largest in the world. The American Cancer Society estimates that 65,950 new cases of uterine corpus cancer were detected in the US in 2022. Cervical cancer is the most common malignancy among American women and is a significant cause for concern. In the US, 14,100 cases of cervical cancer are predicted by 2022. Moreover, 8,100 Canadian women are anticipated to receive a uterine cancer diagnosis in 2022, according to the Canadian Cancer Society's 2022 update. Therefore, there is a greater need for gynecological gadgets nationwide as a result of the rising prevalence of cancer.

Gynecological Devices Market Report Scope

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Gynecological Devices Market News and Recent Developments

The Gynecological Devices Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the gynecological devices market are listed below:

• Innovia Medical Expands Gynecology Range in the U.S. with the Launch of the DTR Medical LLETZlearn Training Simulator. (Source: Innovia Medical, Company Website, August 2023)
• UroViu Corp has launched the new Hystero-V, a single-use hysteroscope compatible with UroViu’s Always Ready endoscopy platform. The 12-Fr, semi-rigid Hystero-V features a hydrophilic coating enabling gentle insertion and superior visualization for highly effective intrauterine examinations. The single-use hysteroscope eliminates the need for reprocessing the equipment, and the ease-of-use, portability, and time-saving aspects of the Hystero-V mean more efficient and comfortable procedures for doctors and patients. (Source: UroViu Corp, Company Website, June 2022)

Gynecological Devices Market Report Coverage and Deliverables

The “Gynecological Devices Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

• Gynecological devices market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
• Gynecological devices market trends as well as market dynamics such as drivers, restraints, and key opportunities
• Detailed PEST/Porter’s Five Forces and SWOT analysis
• Gynecological devices market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments.
• Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the gynecological devices market
• Detailed company profiles