Hysteroscope Market Overview
The market is witnessing growth due to the surging female geriatric population, and rising prevalence of cases with abnormal uterine bleeding. Increasing demand for minimally invasive treatment, and growing infertility cases due to changes in lifestyle. Hysteroscope is a telescope like a device which is utilized for the treatment of different gynecological problems. Such as abnormal uterine bleeding, locating a lost IUCD, fibroids, polyps, and other diagnostic purposes.
When type is taken into consideration, the hysteroscope market is categorized into flexible non-video hysteroscopes. Flexible video hysteroscopes, and flexible non-video hysteroscopes. These hysteroscopes are preferred more, as compared to flexible hysteroscopes. Due to their low cost and better image quality. Rigid non-video hysteroscopes are available in different viewing angles, including 30, 0, and 12 degrees.
Hysteroscope Market Size
On the basis of application, the hysteroscope market is divided into hysteroscopic endometrial ablation. Hysteroscopic myomectomy, hysteroscopic polypectomy, and others. Among these, the hysteroscopic myomectomy application dominated the market during the historical period and is expected to hold more than 35.0% share of the market during the forecast period. Myomectomy surgery is performed for removing the fibroid without removing the healthy tissue of the uterus. This surgery is advisable for women who want to have children.
One of the major factors contributing to the growth of the hysteroscope market is the rising prevalence of cases with abnormal uterine bleeding. Abnormal uterine bleeding occurs due to sub mucosal myoma, polyps, and uterine malformations, which are increasing. Thus, resulting in surging requirement for hysteroscopy. An article published in 2015 by the American Journal of Clinical Medicine Research stated that fibroids primarily affected women of reproductive age between 31–40 years. Uterine fibroid is presented with abnormal uterine bleeding and impaired fertility in women who are of reproductive age.
Hysteroscope Market Share
The rising incidence of uterine cancer around the world is another primary factor leading to the growth of the hysteroscope market. Uterine cancer is the fourth most common cancer affecting women in the U.S.. According to the Centers for Disease Control and Prevention (CDC). Furthermore, approximately 49,154 women in the U.S. were diagnosed with uterine cancer in the year 2012, as per the CDC. In addition to this, the rising cases of endometrial cancer. Primarily in Central and Eastern Europe and North America, is also contributing to the growing requirement for hysteroscopy.
The hysteroscope market is also registering growth due to the surging cases of infertility. Which is occurring due to changes in lifestyle. Infertility can occur because of a poor lifestyle, lack of appropriate sleep, hormonal imbalance, and improper diet. Excessive consumption of tobacco and alcohol. As reported by CDC. Approximately 12% of women between the age group of 15–44 years have difficulty getting pregnant or carrying a pregnancy in the U.S. Hysteroscopy is done for detecting the cause of infertility because it evaluates the uterine cavity carefully.
Hysteroscope Market Trends
Hence, the market is growing considerably due to the rising cases of infertility. Surging prevalence of cases with abnormal uterine bleeding, and increasing cases of uterine cancer.
The rising cases of female infertility, and surging incidence of abnormal uterine bleeding in people. The growing prevalence of uterine cancer and the soaring population of geriatric females are driving the demand for hysteroscopy across the world. Moreover, the rapid technological advancements in medical sciences and surgeries have made minimally invasive procedures such as hysteroscopy possible in several countries. These factors are pushing up the sales of hysteroscopes which is, in turn. Fueling the expansion of the global hysteroscope market.
Hysteroscope Market Growth
These days, people are increasingly preferring minimally invasive procedures such as hysteroscopy over conventional ones. This is mainly because these procedures do not cause incisions or deep cuts and allow faster recovery than invasive surgeries. In hysteroscopy, the hysteroscope is a thin and lighted tube. Is inserted into the vagina for examining the cervix and the inside of the uterus. This procedure is done for diagnosing and treating the causes of abnormal bleeding.
Apart from allowing faster recovery of patients, hysteroscopy also reduces the hospitalization period of the patients and causes minimal loss of blood during the procedure. Additionally, the post-operative discomfort experienced by patients during this procedure is much lesser than the one felt after traditional surgery. As a result, patients can go back to their normal routines and life activities after a hysteroscopy. Due to these reasons, hysteroscopy is rapidly becoming a popular method for treating abnormal uterine bleeding.
Hysteroscope Market Outlook
Another key factor driving the progress of the hysteroscope market is the surging population of aging women all over the world. This is because geriatric women are much more vulnerable to various types of gynecology related ailments and disorders such as abnormal bleeding from the uterus and the formation of fibroids and polyps. Moreover, with increasing age, the hormonal imbalance in the body rises, which subsequently leads to irregular menstruation. This boosts the demand for hysteroscopy.
The aforementioned factors are the major growth drivers for the hysteroscope market. Based on application, the market is classified into hysteroscopic myomectomy, hysteroscopic polypectomy, and hysteroscopic endometrial ablation. Out of these, the myomectomy category recorded significantly high growth in the market in the years gone by and this trend is predicted to continue in the future years as well. Flexible video hysteroscopes, flexible non-video, and rigid non-video are the main categories present under the type segment of the market.
Hysteroscope Market Research Report
Out of them, the rigid non-video hysteroscopes had a very high market share in the past. As per the findings of P&S Intelligence, a market research firm based in India. Geographically, the North American hysteroscope market was found to be very lucrative in the past few years. Due to the high incidence of uterine related ailments such as irregular bleeding, structural abnormalities of the uterus, submucosal myomas, and polyps. The high occurrence rate of unexplained miscarriages in women.
Hence, it can be safely inferred from the above paragraphs that the market will demonstrate huge expansion all around the world in the coming years, primarily because of the growing prevalence of uterus disorders, uterine bleeding, and other ailments, the soaring population of aging women, and the rising cases of female infertility across the world.