Pune, India — 11/27/2017 — The Global Vasectomy Market is expected to reach USD 24.0 billion at a CAGR of ~ 7.1 % during the by the end of forecast period 2017-2023. The Vasectomy Market professional survey report 2017-2023 by reviewing the company profiles of the leading players functioning in this market. The market hierarchy has also been identified in this study by analyzing the current developments and future prospects of these players.
Global Vasectomy Market Segments:
The Global Vasectomy Market has been classified into type, drugs, end user, and patients,
On the basis of type, the market has been segmented as conventional vasectomy, no-scalpel vasectomy, and minimally invasive vasectomy.
Based on the drugs, the market has been segmented as anesthetics, painkillers, antibiotics, and others.
Based on the patients, the market has been segmented as human and animals.
Based on the end user, the market has been segmented as hospitals and clinics, research and academics, and others.
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The Global Vasectomy Market report is an expert comprehensive research data from the well know key players as Pfizer, Inc., Abbott, GlaxoSmithKline plc, Sanofi S.A., Novartis AG, Bayer AG, Bristol Myers Squibb Company, Eli Lilly and Company, Inc., Accurate Surgical & Scientific Instruments Corporation, Sklar Surgical Instruments, Advanced Meditech International and others.
Vasectomy Market Regional Analysis:
The Americas account for a major share of the market owing to high expenditure on the health care, especially, of the U.S. and Canada. Additionally, the greater number of vasectomies due to greater male-female equality in the U.S. and Canada drives the vasectomy market. The high concentration of the major hospitals in the developed countries of this region coupled with good reimbursement rates is adding fuel to the market growth. Moreover, the large share of surgeries in the returns of hospitals favors the market. Canada has a higher rate of people undergoing vasectomies than the U.S.
Europe is the second largest market in the world due to growing the pharmaceutical and industrial base. The European market growth is led by countries such as Germany and France. Germany is expected to be the fastest growing market over the assessment period. Belgium, Denmark, and Switzerland have a higher rate of people undergoing vasectomies than other nations of Europe.
Asia Pacific region is expected to proliferate; China and India are likely to lead this market due to the fast-growing healthcare sector and large unmet needs over the forecast period. India was the first nation in the world to include population control as a national program way back in 1952. South East Asian countries such as China, India, and Malaysia are projected to contribute highly to the market growth. The growing penetration of healthcare industry in the Asia Pacific region is expected to drive the future vasectomy market in the region.
Gulf nations such as Saudi Arabia and the UAE are estimated to drive the Middle East & African market. Other Middle East nations to watch out for are Kuwait, Jordan, Egypt, and Iran. The African region is expected to witness a poor growth owing to weak economic and political conditions, and inadequate healthcare development. Botswana and South Africa are expected to be the future markets with approximately 1% rate of people undergoing vasectomies. Other regions are projected to be laggards due to the poor social development and tribal identities such as sub-Saharan Africa.
Major TOC for Vasectomy Market:
1.2 Scope of Study
1.3 Research Objective
1.4 Assumptions & Limitations
2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
3 Market Dynamics
3.2 Growth Drivers
3.2.1 Increasing Number of Dental care
3.2.2 Increasing Per Capita Income In Emerging Markets
3.2.3 Rising Dental Tourism
3.2.4 Increasing Cosmetic dentistry treatments
3.3.1 Cost of Dental Procedures
3.3.2 Grey Market of Vasectomy
3.3.3 Slow Adoption Of New Technology
3.5 Macroeconomic Indicators
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