The global transvaginal endoscopy market is anticipated to grow at a significant CAGR of 7.3% during the forecast period. Transvaginal endoscopy (TVE) has recently been introduced as a useful method for the diagnosis of infertility in women. Endoscopy procedures are less painful and minimally invasive surgeries with less complicated surgical procedures. Endoscopy is increasingly being used for the diagnosis and treatment of several major disorders, such as cancer, orthopedic disorders, neurological, and gastroesophageal reflux disorder (GERD). According to Pan American Health Organization (PAHO), in 2019, the mortality rate was 533,172, among which 40% accounted for men and 60% for women. Moreover, the age-standardization death rates vary from country to country, from a high in the US, 47.4 deaths per 100,000 population, to a low in Venezuela, 6.6 deaths per 100,000 population. Thus, the surge in the incidence of target diseases, and the convenience provided by the endoscopy procedures such as cost-efficient, more effective, and safer than traditional open surgeries, is expected to accelerate the demand for endoscopy procedures, which in turn, boost the market growth.
Moreover, the shortage of specialists in endoscopy physicians and surgeons globally, the scarcity of endoscopic tools, and the majority of the appliances in developed economies of Asia-Pacific such as India, and others are the prominent factor that may hinder the market growth. Though, the rapid growth of medical tourism, as well as the presence of major market players such as Stryker, and Karl Storz is proven to be the opportunity for the growth of the global transvaginal endoscopy market.
Segmental Outlook
The global transvaginal endoscopy market is segmented based on type, devices, and end-user. Based on type, the market is bifurcated into capsule endoscopy and robot-assisted endoscopy. Based on devices, the market is bifurcated into flexible endoscopic devices and rigid endoscopic devices. Based on end-user, the market is sub-segmented into hospitals and clinics. Among these, the hospital segment is expected to grow at a considerable CAGR during the forecast period. Owing to the increasing adoption of endoscopy equipment and devices in hospitals, along with greater availability of skilled healthcare professionals the segment is expected to offer prominent market growth.
Robot-Assisted Endoscopy Segment is Expected to Show a Considerable Growth During the Forecast Period
Robot-assisted endoscopy segment is set to display impressive growth during the forecast period with some key trends emerging, such as the rising number of chronic diseases, growing preference for minimally invasive surgical (MIS) procedures, and various drug approvals by the regulatory bodies fueling the segment's growth in coming years. For instance, in March 2021, the US FDA authorized Hominis Surgical System, a robotically-assisted surgical device (RASD). The device aids in facilitating transvaginal hysterectomy, and removal of the uterus. RASD technology assists in providing minimally invasive surgery and complex tasks in confined areas inside the body.
Regional Outlooks
The global transvaginal endoscopy market is further segmented based on geography including North America (The US, and Canada), Europe (Italy, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The European region is augmented to show lucrative growth during the forecast period. The major factor that boosts market growth is the increasing healthcare expenditure, along with increasing cases of infertility in women. According to Fertility Europe, in European Union, alone 25 million citizens face infertility in 2021.
Global Transvaginal Endoscopy Market Growth, by Region 2021-2028
North America Region is Anticipated to Grow at the Fastest Rate during the Forecast Period
Based on the region, the North American region is expected to show lucrative growth over the forecast period. The rising infertility rate among women, along with increasing abortion cases in the region, is the major factor driving the market growth. According to CDC, in 2019, 629,898 legal induced abortions were reported in the US. The abortion rate was 11.4 abortions per 1000 women, aged 15-44 years, and the abortion rate was 195 abortions per 1,000 live births. Hence, the rise in cases, along with an increase in the abortion rate, is expected to boom the market growth in the North American region.
Market Players Outlook
The major companies serving the global transvaginal endoscopy are Cardinal Health, Hologic Inc., Johnson & Johnson Inc., Olympus Corp., Stryker Corp., Endo Gastric Solutions Inc., Endoservice GmbH, KARL STORZ, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in June 2021, EvoEndo Inc. announced that it secured 10 million in equity financing. The fund includes a variety of family offices and early-stage life sciences investors that are further used for EvoEndo’s innovative technology designed to support physicians diagnose treat, and monitoring conditions for a variety of gastrointestinal disorders.
The Report Covers
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Recovery Scenario of Global Transvaginal Endoscopy Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Cardinal Health, Inc.
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.1.4. Recent Developments
3.1.2. Hologic Inc.
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.2.4. Recent Developments
3.1.3. Johnson & Johnson Inc.
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.1.3.4. Recent Developments
3.1.4. Olympus Corp.
3.1.4.1. Overview
3.1.4.2. Financial Analysis
3.1.4.3. SWOT Analysis
3.1.4.4. Recent Developments
3.1.5. Stryker Corp.
3.1.5.1. Overview
3.1.5.2. Financial Analysis
3.1.5.3. SWOT Analysis
3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Transvaginal Endoscopy Market by Type
4.1.1. Capsule Endoscopy
4.1.2. Robot-Assisted Endoscopy
4.2. Global Transvaginal Endoscopy Market by Devices
4.2.1. Flexible Endoscopic Devices
4.2.2. Rigid Endoscopic Devices
4.3. Global Transvaginal Endoscopy Market by End-User
4.3.1. Hospital
4.3.2. Clinics
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Alltion (Wuzhou) Co. Ltd.
6.2. Blazejewski MEDI-TECH GmbH
6.3. Boston Scientific Corp.
6.4. Domain factory GmbH
6.5. EMOS Technology GmbH
6.6. Endo Gastric Solutions Inc.
6.7. Endoservice GmbH
6.8. KARL STORZ
6.9. Lenox Instrument Co.
6.10. Optim LLC
6.11. PENTAX Europe GmbH
6.12. Richard Wolf GmbH
6.13. Thomas Publishing LLC
1. GLOBAL TRANSVAGINAL ENDOSCOPY MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
2. GLOBAL TRANSVAGINAL CAPSULE ENDOSCOPY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL TRANSVAGINAL ROBOT-ASSISTED ENDOSCOPY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL TRANSVAGINAL ENDOSCOPY MARKET RESEARCH AND ANALYSIS BY DEVICES, 2021-2028 ($ MILLION)
5. GLOBAL TRANSVAGINAL FLEXIBLE ENDOSCOPIC DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL TRANSVAGINAL RIGID ENDOSCOPIC DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL TRANSVAGINAL ENDOSCOPY MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
8. GLOBAL TRANSVAGINAL ENDOSCOPY IN HOSPITAL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL TRANSVAGINAL ENDOSCOPY IN CLINICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL TRANSVAGINAL ENDOSCOPY MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
11. NORTH AMERICAN TRANSVAGINAL ENDOSCOPY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
12. NORTH AMERICAN TRANSVAGINAL ENDOSCOPY MARKET RESEARCH AND ANALYSIS BY TYPE ,2021-2028 ($ MILLION)
13. NORTH AMERICAN TRANSVAGINAL ENDOSCOPY MARKET RESEARCH AND ANALYSIS BY DEVICES,2021-2028 ($ MILLION)
14. NORTH AMERICAN TRANSVAGINAL ENDOSCOPY MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
15. EUROPEAN TRANSVAGINAL ENDOSCOPY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
16. EUROPEAN TRANSVAGINAL ENDOSCOPY MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
17. EUROPEAN TRANSVAGINAL ENDOSCOPY MARKET RESEARCH AND ANALYSIS BY DEVICES, 2021-2028 ($ MILLION)
18. EUROPEAN TRANSVAGINAL ENDOSCOPY MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
19. ASIA-PACIFIC TRANSVAGINAL ENDOSCOPY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
20. ASIA-PACIFIC TRANSVAGINAL ENDOSCOPY MARKET RESEARCH AND ANALYSIS BY TYPE,2021-2028 ($ MILLION)
21. ASIA-PACIFIC TRANSVAGINAL ENDOSCOPY MARKET RESEARCH AND ANALYSIS BY DEVICES,2021-2028 ($ MILLION)
22. ASIA-PACIFIC TRANSVAGINAL ENDOSCOPY MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
23. REST OF THE WORLD TRANSVAGINAL ENDOSCOPY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
24. REST OF THE WORLD TRANSVAGINAL ENDOSCOPY MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
25. REST OF THE WORLD TRANSVAGINAL ENDOSCOPY MARKET RESEARCH AND ANALYSIS BY DEVICES, 2021-2028 ($ MILLION)
26. REST OF THE WORLD TRANSVAGINAL ENDOSCOPY MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
1. GLOBAL TRANSVAGINAL CAPSULE ENDOSCOPY MARKET SHARE BY TYPE, 2021 VS 2028 (%)
2. GLOBAL TRANSVAGINAL ROBOT-ASSISTED ENDOSCOPY MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL TRANSVAGINAL ENDOSCOPY MARKET SHARE BY DEVICES, 2021 VS 2028 (%)
4. GLOBAL TRANSVAGINAL FLEXIBLE ENDOSCOPIC DEVICES MARKET SHARE BY REGION, 2021 VS 2028 (%)
5. GLOBAL TRANSVAGINAL RIGID ENDOSCOPIC DEVICES MARKET SHARE BY REGION, 2021 VS 2028 (%)
6. GLOBAL TRANSVAGINAL ENDOSCOPY MARKET SHARE BY END-USER, 2021 VS 2028 (%)
7. GLOBAL TRANSVAGINAL ENDOSCOPY IN HOSPITAL MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL TRANSVAGINAL ENDOSCOPY IN CLINICS MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL TRANSVAGINAL ENDOSCOPY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. US TRANSVAGINAL ENDOSCOPY MARKET SIZE, 2021-2028 ($ MILLION)
11. CANADA TRANSVAGINAL ENDOSCOPY MARKET SIZE, 2021-2028 ($ MILLION)
12. UK TRANSVAGINAL ENDOSCOPY MARKET SIZE, 2021-2028 ($ MILLION)
13. FRANCE TRANSVAGINAL ENDOSCOPY MARKET SIZE, 2021-2028 ($ MILLION)
14. GERMANY TRANSVAGINAL ENDOSCOPY MARKET SIZE, 2021-2028 ($ MILLION)
15. ITALY TRANSVAGINAL ENDOSCOPY MARKET SIZE, 2021-2028 ($ MILLION)
16. SPAIN TRANSVAGINAL ENDOSCOPY MARKET SIZE, 2021-2028 ($ MILLION)
17. REST OF EUROPE TRANSVAGINAL ENDOSCOPY MARKET SIZE, 2021-2028 ($ MILLION)
18. INDIA TRANSVAGINAL ENDOSCOPY MARKET SIZE, 2021-2028 ($ MILLION)
19. CHINA TRANSVAGINAL ENDOSCOPY MARKET SIZE, 2021-2028 ($ MILLION)
20. JAPAN TRANSVAGINAL ENDOSCOPY MARKET SIZE, 2021-2028 ($ MILLION)
21. SOUTH KOREA TRANSVAGINAL ENDOSCOPY MARKET SIZE, 2021-2028 ($ MILLION)
22. REST OF ASIA-PACIFIC TRANSVAGINAL ENDOSCOPY MARKET SIZE, 2021-2028 ($ MILLION)
23. REST OF THE WORLD TRANSVAGINAL ENDOSCOPY MARKET SIZE, 2021-2028 ($ MILLION)