Diseases such as cervical cancer, uterine fibroid, menorrhagia and other minor aliments are the main factors boosting the growth of BRIC countries and market penetration of gynecology devices.
According to the market research report “BRIC Gynecological Devices Market Outlook to 2023“, there has been an off-putting impact on female body organs accruing to the modern lifestyle. Social and financial stress creates a wide scope of women to be a prey to gynecological disorders. In addition, the growing proportion of elderly women in the population force has driven a major demand for gynecology device players. The top players in the BRIC gynecology devices are regionally dominant and the market is extremely scattered. BRIC gynecological devices market is strong in terms of growth and the players operating are rapidly expanding their base, especially towards Europe.
Gynecological devices are segmented into three parts. First is Endometrial Ablation devices, which are segmented into bipolar energy ablation devices, Hydrothermal Ablation devices, Cryotherapy Ablation devices, microwave endometrial ablation devices and thermal balloon ablation devices. Secondly, the female sterilization devices, which are segmented into mechanical sterilization and Trans cervical sterilization devices. Mechanical Sterilization Devices are further sub-segmented into Tubal Clips and Tubal Rings. Third is Uterine Fibroid Embolization Agents, which is further segmented into Gelatin Sponge, Poly Vinyl Alcohol Particles and Trisacry Gelatin Microspheres.
Recently, in United States, the BRIC countries were benefited from a large adoption of robotic technology in gynecological and urological producers. Better control, precision and dexterity in complex cases are various advantages of robotic-assisted surgery.
The four key products types of gynecology devices are Gynecological chairs, diagnostic imaging systems, surgical devices and hand instruments. There is growth in demand of surgical devices, which are currently undergoing an initial owing to a rise in the number of minimal invasive surgical devices. Introduction of single port laparoscopic surgery and the Da Vinci robotic platform ae the key innovation in surgical device section.
There are mammoth benefits of little invasive surgery in gynecology. The necessity of removal of anesthesia, smaller hospital stay durations, smaller incision scars and faster healing rates are largely invited benefits and are leading the massive opportunities on a global scale.
The revenue of gynecological devices market was largely backed up by Brazil then India and Russia & China being on equal scale in 2005. In 2013, there is increase in revenue again backed up by Brazil, second India then third Russia. China lost one point position to get number four in BRIC survey. Moreover, the future estimation in 2020 will be led by Brazil and India as well.
For further reading click on the link below:
Head Marketing & Communications