Global Transvaginal Endoscopy Market: Introduction
Transvaginal endoscopy (TVE) has recently been introduced as a useful method to diagnose infertility in women. The application of TVE as a substitute for standard diagnostic laparoscopy has encouraged gynecologists to consider changes in their recommendations for infertile women with no obvious pelvic abnormalities. TVE can verify pelvic micro- and filmy adhesions and foci of endometriosis, which are not visible with standard laparoscopy. TVE is a new method, and the safety of the method is assured. The learning of the TVE technique is relatively easy, especially for gynecologists who perform traditional laparoscopy and hysteroscopy.
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Key Drivers of Global Transvaginal Endoscopy Market
Rise in prevalence of infertility among women
As per the WHO data, the estimated prevalence of primary infertility among reproductive age group women in India is 11.8%. According to Indian Journal of Community Medicine, infertility is a serious health issue worldwide, affecting approximately 8% to 10% of couples worldwide. Of the 60 to 80 million couples suffering from infertility every year worldwide, probably between 15 and 20 million (25%) are in India alone. According to a report by the World Health Organization (WHO), one in every four couples in developing countries is affected by infertility. The magnitude of the issue calls for urgent action, particularly when a majority of cases of infertility is avoidable. A WHO study, published at the end of 2012, indicated that the overall burden of infertility in women from 190 countries has remained similar in estimated levels and trends from 1990 to 2010.
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Increase in demand for minimally invasive surgeries
Minimally invasive surgery is a relatively new method of surgery. Minimally invasive surgery does not need a large of a dose of pain relievers because the incision during surgery is much smaller. The procedure involves minimizing surgical incisions to reduce trauma to the body. This type of surgery is usually performed using thin-needles and an endoscope to visually guide the surgery. The change was initiated with the advent of the laparoscopic surgery, and because of the rapid acceptance and success of operations, such as laparoscopic cholecystectomy. Moreover, a revolution has taken place in general surgery over the last two decades. Surgeons have rapidly adopted minimally invasive surgical (MIS) techniques for a wide range of applications such as cholecystectomy, appendectomy, gastric bypass, ventral hernia repair, colectomy, prostatectomy, tubal ligation, hysterectomy, and myomectomy.
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North America to account for major share of global transvaginal endoscopy market
- North America is projected to account for major share of the global transvaginal endoscopy market during the forecast period. The market in the region is anticipated to grow at a rapid pace in the next few years due to increase in research & development and various government initiatives for the development of novel ideas. Europe is expected to be the second-largest market during the forecast period.
- The transvaginal endoscopy market in Asia Pacific is likely to expand at a high CAGR during the forecast period. This can be attributed to a rise in investment in research & development by private & government organizations and increase in healthcare management in the region.
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Key Players Operating in Global Transvaginal Endoscopy Market
The global transvaginal endoscopy market is highly consolidated owing to the presence of a small number of key players. Leading players operating in the global transvaginal endoscopy market include:
- Karl Storz GmbH & Co. KG
- Boston Scientific Corporation
- Ethicon Inc.
- Endoservice GmbH
- Emos Technology GmbH
- Blazejewski MEDI-TECH GmbH
- Alltion (Wuzhou) Co., Ltd.
- Richard Wolf GmbH
- Stryker Corporation
- Olympus Corporation
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