Albany, NY -- (SBWIRE) -- 02/13/2015 -- A recent study by Transparency Market Research (TMR) forecasts that the global gynecological devices market will grow at a CAGR of 6.4% between the years 2012 to 2018. TMR, a market research company based in the United States, saysthe global gynecological devices market, valued at US$3.4 billion in 2011, will report a market value of US$5.3 billion by 2018. The report is titled 'Gynecological Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018'.

This market research report on the global gynecological devices market states that this market is propelled essentially by increasing healthcare awareness, rising incidence of gynecological anomalies and conditions, and the introduction of specialized gynecological procedures. Medical conditions that arise in the female reproductive system are known as gynecological diseases. As a result, gynecological diseases pertain to anomalies and conditions that affect the ovaries, the uterus, and its appendages. Gynecological devices consist of special medical devices that are used only in gynecological procedures like routine examination, diagnosis, and surgery. Changing lifestyle of the female population all across the globe and their specialized healthcare requirements are the two main factors that have a direct impact on the global market for gynecological devices. Rising demand for better and improved gynecological treatments can be attributed to growing awareness about health and wellbeing.

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The TMR report on the gynecological devices market has segmented this market on the basis of product type and geography. This market research report discusses the markets for hand instruments, gynecological surgical devices, gynecological chairs, and diagnostic imaging systems in the overall gynecological devices market. This market is categorized on the basis of products that are used in operative settings, and those that are used in gynecological examinations. The various devices used by gynecological surgeons include fluid management systems, endoscopy devices, female sterilization and contraceptive devices, and endometrial ablation devices. The latest developments that have taken place in the global gynecological devices market are the use of endoscopes in gynecological surgeries and the introduction of endometrial ablation devices for treating menorrhagia.

As per this market research report, geographically, the global gynecological devices market is categorized into North America, the Asia Pacific, Europe, and Rest of the World. In 2011, the North America market for gynecological devices market held the largest share in the global market for the same. The main factors driving the North America market for gynecological devices are highly evolved policies of reimbursement, and the fact that these devices were introduced for the very first time in the U.S. Due to greater awareness and preference for minimally invasive surgical procedures, greater government support, and the presence of a large patient base, the Asia Pacific gynecological devices market is expected to witness a high rate of growth in the forecast period.

Browse the full Global Gynecological Devices Market (Surgical Devices, Endometrial Ablation Devices, Female Sterilization and Contraception Devices, Vaginal Speculum, Tenaculum, Biopsy Forceps, Diagnostic Imaging Systems and Gynecological Chairs) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018 report at http://www.transparencymarketresearch.com/gynecological-devices-market.html

The main players operating in the global gynecological devices market are Welch Allyn, Stryker Corporation, Hologic, Inc., Conceptus, Inc., and Ethicon, Inc.

About Transparency Market Research
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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