Gynecological Devices Market to Reach $17 Billion by 2032 Driven by Technology Advances and Aging Populations
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Global gynecological devices market was valued at $8.5 billion in 2022 and is projected to reach $17.2 billion by 2032, with a CAGR of 7.3%.
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Key drivers include technological advancements, rising gynecological disorders, growing aging population. High costs of advanced technologies hinders growth.
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Female sterilization and contraceptive devices segment accounted for the largest market share in 2022. Diagnostic imaging systems to register highest CAGR during the forecast period.
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Hospitals segment accounted for the largest market share in 2022. Others segment projected to register highest CAGR during 2022-2032.
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North America held the highest gynecological devices market share in 2022. Asia-Pacific projected to register the highest CAGR during the forecast period.