The industry has been segmented into surgical devices, gynecological imaging devices, and handheld instruments. The surgical devices segment dominated the industry in 2021 and accounted for the largest share of 49.75% of the global revenue. High usage of female contraceptives and endoscopic devices is anticipated to support the dominance of the segment throughout the forecast period. For instance, cooper surgical reported a 26% increase in net sales for office and surgical products used by obstetricians\gynecologists in the hospitals. Moreover, the demand for easily autoclavable and highly durable surgical instruments has been rising due to the increasing surgical procedure volumes globally.
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