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Hysterectomy Device Market Is Expected to Reach $566.5 Million by 2031: Says AMR

Rise in prevalence of uterine cancer and increase in awareness about women’s health drive the growth of the global hysterectomy device market. By disease type, the chronic pelvic segment accounted for the highest share in 2021. By region, Asia-Pacific would cite the fastest CAGR by 2031.

/EIN News/ -- Portland, OR, March 29, 2023 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global hysterectomy device market was estimated at $328.1 million in 2021 and is expected to hit $566.5 million by 2031, registering a CAGR of 5.6% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market. 

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Report coverage & details: 

Forecast Period   2022–2031  
Base Year   2021  
Market Size in 2021   $328.1 million  
Market Size in 2031   $566.5 million  
CAGR   5.6%  
No. of Pages in Report   389 
Segments Covered   Disease Type, End User, Surgical Approach, and Region.  
Drivers   Rise in the prevalence of uterine cancer 
Increase in awareness of women’s health.  
Technological advancements in hysterectomy devices  
Restraints   Availability of alternative treatments 
Opportunities   Surge in demand for minimally invasive procedures 


Impact of Covid-19 on Hysterectomy Device Market- 

  • The global market for hysterectomy device was negatively impacted by the Covid-19 pandemic, as most surgeries were either postponed or canceled due to safety concerns. 
  •  Additionally, disruptions in supply chains led to shortages of essential medical equipment, causing difficulties for healthcare providers in obtaining the necessary tools for surgical procedures, resulting in delays or cancellations. However, the market has now got back on track. 

Procure Complete Report (389 Pages PDF with Insights, Charts, Tables, and Figures) 

https://www.alliedmarketresearch.com/checkout-final/hysterectomy-device-market  

The report comprehensively analyzes the global hysterectomy device market, covering its various segments such as Disease Type, Surgical Approach, End User, and Region. The report presents the analysis of each segment and sub-segment through tabular and graphical representation. This analysis can be useful for investors and market players to identify the highest revenue-generating and fastest-growing segments, allowing them to devise effective strategies. 

By disease type, the chronic pelvic pain segment contributed to nearly two-fifths of the global hysterectomy device market share in 2021 and is projected to rule the roost by 2031. The fibroids segment, however, would display the fastest CAGR of 6.2% throughout the forecast period. The uterine cancer and others segments are also discussed in the report. 

By surgical approach, the abdominal hysterectomy segment accounted for the highest share in 2021, generating nearly one-third of the global hysterectomy device market revenue. The robotic assisted laparoscopic hysterectomy segment, on the other hand, would portray the fastest CAGR of 6.1% during the forecast period. 

By end-user, the hospitals segment garnered the highest share in 2021, accounting for more than two-fifths of the global hysterectomy device market revenue. The same segment would also cite the fastest CAGR of 5.9% from 2022 to 2031. The ambulatory surgical centers segment is also assessed through the report. 

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By region, North America held the major share in 2021, garnering more than two-fifths of the global hysterectomy device market revenue. Asia-Pacific, simultaneously, would showcase the fastest CAGR of 6.6% from 2022 to 2031. The other provinces studied through the report include Europe and LAMEA. 

The key market players analyzed in the global hysterectomy device market report include Laborie, Inc, fortimedix surgical b.v., KARL STORZ GmbH & Co. KG., B. Braun Melsungen AG, Conkin surgical instruments ltd, Richard Wolf GmbH, Medtronic plc, CONMED Corporation, Johnson & Johnson, and Cooper Companies, Inc. These market players have embraced innovative strategies to highlight their prowess in the industry. The report is helpful in formulating the business performance and developments by the top players. 

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AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model): 

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer a cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports. 

Get access to the library of reports at any time from any device and anywhere. For more details, follow the link: https://www.alliedmarketresearch.com/library-access 

About Allied Market Research: 

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI. 

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

 

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