Global Uterine Manipulation Devices Market – Overview
The rising prevalence of diseases related to female reproductive organs, increase in the adoption of minimally invasive or noninvasive procedures, and technological advancements are among the major factors driving the market. The market has been adversely impacted by the pandemic. The COVID-19 pandemic is affecting significant aspects of various companies, such as product demand, operations, supply chain, distribution systems, and the ability to research and develop new products. Almost all the companies are affected by reduced procedure volume due to COVID-19 as all hospital resources are being diverted to combat the disease.
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Global Uterine Manipulation Devices Market – Notable Developments
- In February 2021, CooperSurgical Inc. acquired AEGEA Medical. The acquisition is expected to help the company expand its product portfolio of women's healthcare.
- In another instance, in October 2020, LABORIE Medical Technologies partnered with Urotronic. The partnership would expand the use of minimally invasive treatments and advance outcomes for patients suffering from urological disorders.
- In May 2020, Minerva Surgical, Inc. acquired the Intrauterine Health Products segment from Boston Scientific Corporation. The products include Resectr Tissue Resection Device; Symphion Tissue Removal System; and the Genesys HTA System, which are used for the treatment of abnormal uterine bleeding.
- In 2020, the total laparoscopic hysterectomy (TLH) segment dominated the market with a revenue share of 38.88%. TLH is performed for treating conditions such as fibroids, pelvic pain, painful or heavy menstrual periods, pre-cancer or cancer in the uterus, endometriosis or adenomyosis, or prolapse
Some prominent players in the global uterine manipulation devices market include Conkin Surgical Instruments Ltd., Johnson and Johnson, CooperSurgical, Inc., B. Braun Medical Ltd., KARL STORZ GmbH & Co. KG, CONMED Corporation, RUDOLF Medical GmbH + Co. KG, LiNA Medical ApS, Richard Wolf GmbH, Utah Medical Products, Inc., Purple Surgical, Clinical Innovations, LLC, Bissinger Medizintechnik, The O.R. Company (Symmetry Surgical Inc.), LSI Solutions, Inc.,
Global Uterine Manipulation Devices Market – Drivers and Restraints
Health information exchange solutions have a few helpful applications in healthcare. In any case, the reception of these solutions is limited to a degree attributable to data security and privacy concerns. Patient health data is secured under government laws in numerous nations, and any breaks or failure to keep up with its honesty can result in legitimate and monetary punishments. Patient data contains individual, private, or secret information and requires severe defending to forestall its abuse. Since the interoperable solutions utilized for patient care expect admittance to numerous health data sets, it is fundamental for these solutions to cling to every one of the data security conventions executed by states and administrative authorities. This is a troublesome undertaking as most interoperability stages are merged and require broad figuring power, inferable from which patient data, or portions of it, can be needed to dwell in a merchant's data place.
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Global Uterine Manipulation Devices Market – Geographical Outlook
Based on the regional segmentation, the global Health information exchange (HIE) market can be segmented into five key regions. These regional segments are North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Of these, the global Health information exchange (HIE) market is expected to be dominated by the regional segment of North America. The growth of the North America market can be primarily attributed to the increasing demand for information exchange from the global healthcare industry. North America dominated the market with a considershare of 35.67% in 2020 and is expected to witness considerable growth over the forecast period. This is owing to the increasing number of gynecology-related surgical procedures/hospital visits, the presence of well-established healthcare infrastructure, favorable reimbursement policies, and supportive regulatory reforms in the healthcare sector.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.