Tubal Ligation Market Report Explored in Latest Research 2018 - 2026
Tubal ligation is a method of female sterilization. It consists of surgical severance of the fallopian tubes that connect the ovaries to the uterus. Tubal sterilization is an effective method of sterilization adopted by millions of couples all over the world. This is a relatively simple procedure, wherein the fallopian tubes are permanently blocked in order to prevent fertilization. Introduction of new techniques and technological modification of medical devices have resulted in improved effectiveness, safety, and reversibility.
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In recent times, the tubal ligation procedure is greatly simplified that is performed under local anesthesia and in ambulatory settings. This has helped minimize the complications associated with general anesthesia and enabled the expansion of services to lower levels of health services system in many developing countries. Serious complications are very rare and occur in less than 2% of all female sterilization procedures.
Global Tubal Ligation Market: Key Trends
The tubal ligation market is anticipated to grow at a significant rate during the forecast period. Growth of the market can be attributed to the benefits associated with the procedure such as smaller incision, simpler procedure, lesser complications, and quicker recovery. Tubal ligation provides an effective, alternative method of permanent contraception.
According to the US National Survey of Family Growth, tubal sterilization or ligation is the most common method of female sterilization for women over 35 years of age. Tubal ligation involves a one-time surgical procedure that is immediately effective and does not require the continued use of other contraceptive methods. This is likely to fuel the growth of the market. Moreover, it is a highly efficient and reliable birth control method with minimum complications, and is suitable for patients who are not comfortable taking hormonal preparations.
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Global Tubal Ligation Market: Segmentation
The global tubal ligation market can be segmented based on method of tubal ligation, end-user, and region. In terms of method of tubal ligation, the market can be segmented into electrosurgical methods and mechanical methods. The electrosurgical methods are further divided into unipolar electrocoagulation and bipolar electrocoagulation, while the mechanical methods into spring clips, silicone plugs, micro inserts, and others. Based on end-user, the global tubal ligation market can be categorized into hospitals, specialty clinics, and others. In terms of region, the tubal ligation market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Global Tubal Ligation Market: Regional Analysis
Globally, North America is expected to account for the leading share of the tubal ligation market. High research and development activities in the field of female sterilization, rise in awareness among people about different methods of sterilization, increase in disposable income of people, and presence of major market players in the region are some of the factors contributing to the high market share of the region.
Europe is expected to hold the second leading share of the market owing to high awareness among people about the treatment options and high adoption of advanced medical devices in the region. Asia Pacific is expected to show a strong growth in the global tubal ligation market during the forecast period. Increasing government initiatives for population control, large baby boomer population, rising disposable income of people, and increasing investment made by key players in the emerging nations of Asia Pacific are likely to augment the growth of the tubal ligation market in the region.
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Global Tubal Ligation Market: Competitive Landscape
The global tubal ligation market is highly fragmented due to the participation of many global as well as emerging players. Major players operating in the market include Medtronic plc, Ethicon, B. Braun Melsungen AG, Pregna International Ltd., Cardinal Health, CONMED Corporation, CooperSurgical Inc., Bayer AG, Olympus Corporation, Smith & Nephew, and Becton, Dickinson and Company.
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