Saturday, June 25th, 2022

Aging Female Population Steering Hysteroscope Market Growth

A number of factors, such as the surging prevalence of uterine cancer, soaring female geriatric population, increasing prevalence of infertility due to sedentary lifestyle, rising burden of abnormal uterine bleeding, and burgeoning demand for minimally and non-invasive surgical treatments, are expected to fuel the hysteroscope market at a CAGR of 4.5% during the forecast period (2016–2022). According to P&S Intelligence, the market is projected to generate $295.5 million revenue by 2022.

One of the primary growth drivers for the market is the booming female geriatric population because aged women are vulnerable to several gynecology related disorders, such as abnormal bleeding from the uterus and the formation of fibroids and polyps. According to the World Bank, females aged 50–54 years accounted for 5.76% of the global population in 2020. As aging causes hormonal imbalance among this populace, they often suffer from irregular menstrual cycles, which, in turn, driving the demand for hysteroscope.

Besides, the increasing preference of patients for minimally invasive surgical procedures over conventional surgeries also contributes to the hysteroscope market growth. Unlike traditional surgeries, hysteroscopic procedures do not need any incision, as a hysteroscope is inserted into the vaginal cavity and introduced into the uterus via the cervix without any cut on the body. Owing to the minimally invasive nature of such procedures, the patients are less prone to post-surgery infections and are not required to stay in healthcare facilities for a longer duration.

This study covers

  • Major factors driving the market and their impact during the short, medium, and long terms
  • Market restraints and their impact during the short, medium, and long terms
  • Recent trends and evolving opportunities for the market participants
  • Historical and the present size of the market segments and understand their comparative future potential
  • Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
  • Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders
  • Major players operating in the market and their service offerings

 

Leave a Reply

Your email address will not be published.