Global Hysteroscopy Procedures Market Size to Exceed USD 8.9 Billion by 2033
According to a research report published by Spherical Insights & Consulting, The Global Hysteroscopy Procedures Market Size is Expected to Grow from USD 4.2 Billion in 2023 to USD 8.9 Billion by 2033, at a CAGR of 7.80% during the forecast period 2023-2033.
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Hysteroscopy Procedures Market Size, Share, and COVID-19 Impact Analysis, By Procedure (CPT Code 58558 and CPT Code 58562), By End-Use (Ambulatory Surgical Centers, Hospitals, and Clinics), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033
The hysteroscopy procedures market comprises equipment and instruments to carry out minimally invasive diagnoses and treatments for conditions of the uterus such as fibroids, polyps, and abnormal menstrual bleeding. Facilitated by the development of technology and expanding gynecologic diseases, the market caters to hospitals, clinics, and surgery centers to promote safer and more efficient diagnosis and treatment processes. Moreover, the hysteroscopy procedures market is driven by increasing gynecological conditions, the growing use of minimally invasive procedures, and technological advancements in hysteroscopic equipment. Increased awareness, better healthcare infrastructure, and greater demand for outpatient procedures further drive market growth. Moreover, an aging population of women and rising fertility treatments are also factors in the increasing adoption of hysteroscopy globally. However, high development costs of biomarkers, strict regulatory standards, and biomarker validation variability limit market growth. Limited standardization, reproducibility of data, and the requirement for specialized skills also impede widespread adoption.
The CPT code 58558 segment accounted for the largest share of the global hysteroscopy procedures market in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
On the basis of procedure, the global hysteroscopy procedures market is divided into CPT code 58558, and CPT code 58562. Among these, the CPT code 58558segment accounted for the largest share of the global Hysteroscopy Procedures market in 2023 and is anticipated to grow at a significant CAGR during the forecast period. This is because of its high application in intrauterine lesion removal, including polyps and fibroids. The growing incidence of gynecological disorders and demand for minimally invasive procedures also contribute to this procedure's ascendancy.
The hospitals segment accounted for a substantial share of the global hysteroscopy procedures market in 2023 and is anticipated to grow at a rapid pace during the projected period.
On the basis of the end-use, the global hysteroscopy procedures market is divided into ambulatory surgical centers, hospitals, and clinics. Among these, the hospitals segment accounted for a substantial share of the global hysteroscopy procedures market in 2023 and is anticipated to grow at a rapid pace during the projected period. This is owing to the presence of sophisticated medical infrastructure, trained healthcare experts, and greater patient inflow. The increasing incidence of gynecological conditions, growing use of minimally invasive treatments, and improved post-operative care facilities also contribute to the supremacy of hospitals in this market.
North America is projected to hold the largest share of the global hysteroscopy procedures market over the projected period.
North America is projected to hold the largest share of the global hysteroscopy procedures market over the projected period. This is owed to better healthcare facilities, the large incorporation of minimally invasive treatments, and the growing rate of gynecological disorders. Governmental insurance schemes with liberal reimbursements, advanced technologies, and established competitors of the major companies are additionally supporting the dominant role of this region in performing hysteroscopy procedures.
Europe is expected to grow at the fastest CAGR of the global hysteroscopy procedures market during the projected period. This is owing to its well-established health care system, growing knowledge about minimal invasive gynecological surgery, and growing prevalence of uterine ailments. Favourable government policies, technological advancements in hysteroscopy, and an expanding ageing female population also contribute to the strong market presence of the region.
Company Profiling
Major vendors in the global hysteroscopy procedures market are Medtronic, Olympus Corp., Stryker Corp., KARL STORZ SE & Co. KG, Hologic, Inc., Medical Devices Business Services, Inc. (Ethicon, Inc.), B. Braun Melsungen AG, Delmont Imaging, Richard Wolf GmbH, CooperCompanies, Maxer Endoscopy GmbH, Boston Scientific Corp., MedGyn Products, Inc., Lina Medical APS, Luminelle., and others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In May 2023, at the International Society for Gynecologic Endoscopy (ISGE), B. Braun presented their most recent laparoscopic AESCULAP EinsteinVision 3.0 FI.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global hysteroscopy procedures market based on the below-mentioned segments:
Global Hysteroscopy Procedures Market, By Procedure
- CPT Code 58558
- CPT Code 58562
Global Hysteroscopy Procedures Market, By End Use
- Ambulatory Surgical Centers
- Hospitals
- Clinics
Global Hysteroscopy Procedures Market, By Regional
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa