LONDON--(BUSINESS WIRE)--Technavio’s latest report on the global gynecology surgical devices market provides an analysis of the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.
Srinivas Shashidhar, a lead analyst from Technavio, specializing in research on orthopedics and medical devices sector, says, “The global gynecology surgical devices market is driven by factors such as a rising incidence of ovarian cancer, high mortality rate associated with cervical cancer cases, increasing awareness about contraceptives, and complications associated with menopause.”
Increased media exposure, the paucity of genuine products, and supportive market environment are encouraging the entry of new players, fueling the demand in the market. The unregulated nature of this industry has raised health concerns about the composition and use of these products. Vendors are ensuring easy availability and providing advanced technology such as laser technology and robot-assisted excision of tumors, creating a favorable marketplace and generating demand in the market.
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The top three emerging trends driving the global gynecology surgical devices market according to Technavio healthcare and life sciences research analysts are:
Increasing adoption of robotic navigation technologies for laparoscopy
Technological innovations in ablation procedures have led to high accuracy with advanced needle placement technology to provide better support for both patients and surgeons. Robotic technology helps enhance surgeon's skills and reduces variability. It also helps in reduction of incision and improvement of recovery time.
“The adoption of robotic systems has improved the capability of a surgeon to operate within the abdomen during an MI surgery. This system allows better visualization and precision compared to a standard laparoscopic surgery. Gynecology and abdominal surgical procedures such as hysterectomy, myomectomy, and endometrial ablation are the major surgical procedure performed using robotic-assisted surgery,” according to Srinivas.
Growing use of hysteroscopes in ASCs
There has been a growing focus on hysteroscopes in ASCs owing to the increased demand for quicker treatment. Consumers prefer to undergo hysteroscopy in ASCs is as it avoids complications, shortens recovery time, and reduces cost. Advances in technology have resulted in the development of high-definition, miniature hysteroscopes with improved optical performance, allowing simple, safe, and well-tolerated procedures in ASCs.
Furthermore, ambulatory hysteroscopes enable efficient and accurate diagnosis of intrauterine pathology. In addition to diagnosis, see-and-treat hysteroscopes also help conduct MI therapeutic interventions for the simultaneous treatment and diagnosis of conditions.
Growing partnership to develop advanced robotic platforms
Robotic platform is a technologically advanced product. So, vendors in the market are partnering with companies that offer unique surgical technologies, which can be incorporated into various products. This can increase the market value of those products and the market share of vendors.
The key vendors are as follows:
- Boston Scientific
- Intuitive Surgical
- Karl Storz
- Thermo Fisher Scientific
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