The changing way of life of the female population in the modern world unexpectedly expanded its healthcare requirements. These healthcare requirements are significant due to delayed marriages, delayed childbirth, and lower fertility rates. Moreover, the growing awareness regarding healthy lifestyles has resulted in increased demand for advanced gynecological treatments around the world. In addition, the prevalence of gynecological diseases like uterine fibroids, menorrhagia, and cervical cancer has been increasing tremendously, resulting in high demand for gynecological procedures and devices. These factors have offered opportunities for medical device manufacturers to introduce devices, providing fast recovery, minimal discomfort, and better effectiveness for patients. However, delay in the approvals from regulatory authorities is the major challenge for the growth of the global gynecological devices market.
The rise in the prevalence of sexually transmitted diseases has influenced the demand for gynecological treatments. The prevalence of these diseases was observed to be higher in people aged between 15-24 years. According to the Center for Disease Control and Prevention (CDC), around 39% of the patients with Chlamydia in the U.S. were aged between 20 and 24 years. Similarly, 33% of the patients with Gonorrhea in the U.S. were aged between 20 and 24 years.
The rise in the adoption of gynecological procedures is likely to boost usage rates over the forecast period 2016 – 2022. According to the Center for Disease Control and Prevention (CDC), the total numbers of obstetrical procedures performed in 2014 were more than 7.3 million in the U.S. According to The National Center for Health Statistics, in 2014, in the U.S. 3,988,076 child births were registered. The percent of C-segment deliveries was 32.2% when compared with the number of vaginal deliveries. The rising number of these procedures owing to the growing population, awareness, and rise in disposable income is expected to drive the gynecological devices market.