Gynecology hand instruments consist of vaginal speculum (disposable
and reusable) and others including tenaculum, curettes, trocars, and
biopsy forceps. Vaginal speculum is a device used to open the vaginal
walls. It is generally made of metal or plastic and aids in the
visual inspection of vagina and cervix. Reusable speculum was used on
a large scale in the past. Currently, disposable speculum is widely
used by physicians for various purposes. Major advantages of
disposable over reusable speculum are high efficiency, low cost,
patient care, and low risk of infection. A tenaculum is usually
classified as forceps as it consists of a slim sharp-pointed hook
attached to a handle. Curette is an instrument used to scrap
biological tissues at the time of biopsy. Trocar is inserted into
cannula that is passed into the abdominal cavity while performing
laparoscopy. Trocars enable access to the intra-peritoneal cavity.
Biopsy forceps are used for sharp cutting performance to regain clean
specimens.
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Increased rate of gynecological disorders, high preference for
minimally invasive procedures for treating these disorders, rise in
awareness about wellbeing, and change in the lifestyle of the female
population globally are the factors fueling the growth of the
gynecology hand instruments market in terms of revenue. However,
required amount of documentation and high cost for the U.S. FDA
approval could delay the process of device approval. Moreover, the
U.S. FDA is considering a ban on morcellation in minimally invasive
hysterectomies due to high incidence of undiagnosed sarcoma reported
in women undergoing these procedures. This hinders the growth of the
market.
The global gynecology hand instruments market can be segmented based
on product type and region. In terms of product type, the market can
be divided into vaginal speculum and others. Vaginal speculum can be
classified into disposable and reusable. The others segment can be
sub-segmented into biopsy forceps, tenaculum, trocars, and curettes.
Geographically, the global gynecology hand instruments market can be
segmented into Asia Pacific, Latin America, Europe, North America,
and Middle East & Africa. North America accounted for the largest
market share in 2016. Dominance of this region is attributed to
increased preference for minimally invasive procedures, availability
of technologically advanced devices, and growing awareness about
wellbeing. North America is expected to continue its dominance in the
market during the forecast period. Technologically advanced devices
and high reimbursement are likely to support market growth in the
region.
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Asia Pacific held the second largest market share in 2016. The
gynecology hand instruments market in Asia Pacific is expected to
expand at the highest CAGR in 2025. This is attributed to increase in
demand for gynecological hand instruments due to introduction of
technologically advanced minimally invasive hand instruments that
assist in performing certain gynecological procedures in office
settings at low cost. Existence of a large patient pool, increase in
government funding and developmental initiatives in health care
facilities, changes in lifestyle of the population, and improvement
in medical insurance policies are the major drivers of the market in
Asia Pacific. Europe is anticipated to grow during the forecast
period driven by rise in awareness about the efficacy of innovative
gynecological hand instrument devices among gynecologists.
The gynecology hand instruments market in Latin America is
anticipated to grow during the forecast period owing to rising trend
of minimally invasive surgeries especially for gynecological
procedures. Developing economic conditions and increasing awareness
about new technology, diagnosis, and treatment alternatives have
supported the growth of the gynecology hand instruments market in
Latin America. The market in Middle East & Africa is anticipated
to grow during the forecast period from 2017 to 2025 due to rise in
prevalence of gynecological disorders, increase in awareness about
available gynecological treatments, and initiatives taken by the
government and international organizations in these countries.
Moreover, increase in funding provided by governments and
international health associations, rise in educated population, and
privatization of health care infrastructure are anticipated to
contribute to market growth.
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Key players operating in the global gynecology hand instruments
market include Medtronic, CooperSurgical, Inc., Ethicon US, LLC,
Hologic, Inc., KARL STORZ Se & Co. KG, and Olympus Corporation.
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