The global market is increasing, due to growing female geriatric population and increasing incidence of uterine cancer. In addition, the growing female infertility cases, increasing cases with abnormal uterine bleeding and growing demand of minimally invasive treatments is encouraging the growth of the global hysteroscope market.
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The increasing aging population is propelling the growth of the global hysteroscope market, as the elderly population is more susceptible to gynaecological problems, such as abnormal uterine bleeding, fibroids, and polyps, as compared to adults, which is fuelling the demand hysteroscopes. Aging leads to changes in hormones leading to irregular menses, which contribute to the demand for hysteroscopy, thus driving the growth of the market.
However, the availability of alternative diagnosis and treatment options, including drug therapies and other diagnostic procedures, such as blood test and ultrasound are inhibiting the growth of the hysteroscope market, as they are well known and widely adopted therapies for the treatment of gynaecological problems. In addition, the high cost of hysteroscopy procedure, in comparison to medication therapy and side effects associated with the usage of hysteroscopes is further restraining the growth of the market. The Asian market is expected to witness the fastest growth during the period 2016 – 2022.
The key companies operating in the global hysteroscope market include KARL STORZ GmbH & Co. KG, Olympus Corporation, Stryker, Richard Wolf GmbH, B. Braun Melsungen AG, Hologic Inc., MedGyn Products Inc., and Xion Medical GmbH.
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