Global Uterine Fibroids Market Drivers, Challenges and Trends 2026|Boston Scientific Corporation; CooperSurgical Inc.; General Electric Company; KARL STORZ SE & Co.

Uterine fibroids market is expected to register a substantial CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the availability of largely unsatisfied patient base without the availability of any effective treatment methods.

The Uterine fibroids market research report includes a thorough analysis of the market drivers, restraints, threats, and opportunities while it also addresses the lucrative investment options for the market players in the coming years. This analysis gives an examination of various segments that are relied upon to witness the quickest development amid the estimate forecast frame. All the statistics are signified in graphical and tabular format for a clear understanding on facts and figures. By accomplishing an inspiration from the marketing strategies of rivals, businesses can set up inventive ideas and striking sales targets which in turn make them achieve competitive advantage over its competitors.

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Few of the major competitors currently working in the global uterine fibroids market are Boston Scientific Corporation; CooperSurgical Inc.; General Electric Company; KARL STORZ SE & Co. KG; Richard Wolf GmbH; Siemens Healthcare GmbH; AbbVie Inc.; Bayer AG; Acessa Health; Kissei Pharmaceutical Co., Ltd.; Takeda Pharmaceutical Company Limited; Pfizer Inc.; COOK; Hologic, Inc.; Neurocrine Biosciences, Inc. and Myovant Sciences Ltd. among others.

Key Developments in the Market:

In August 2019, AbbVie Inc. announced that they had submitted a "New Drug Application" with the U.S. FDA for their investigational, oral gonadotropin-releasing hormone (GnRH) antagonist "elagolix" being developed in collaboration with Neurocrine Biosciences, Inc. to manage the heavy menstrual bleeding related to uterine fibroids in women. The NDA has been submitted with the help of positive data accumulated from the Phase III trial results helping conclusively evaluate the safety and efficacy of the therapeutic
In October 2018, U.S. FDA announced that they had granted 510(k) clearance for Accessa Health's "ProVu System", a device designed for the treatment of women suffering from symptomatic uterine fibroids who are unwilling to undergo hysterectomy. The device is based on a combination of radiofrequency ablation, ultrasound visualization and guidance mapping for isolation and ablation of fibroid

Segmentation: Global Uterine Fibroids Market

By Disease Type

Subserosal Fibroids
Intramural Fibroids
Submucosal Fibroids
Others

By Diagnosis

Magnetic Resonance Imaging (MRI)
Computed Tomography (CT)
Ultrasounds
Others

By Procedure

Uterine Fibroid Embolization
Magnetic Resonance Guided Focused Ultrasound
Myolysis
Endometrial Ablation
Hysterectomy
Myomectomy

By Type

Non-Hormonal Treatment
Hormonal Treatment

By Treatment

Surgery
Medical Agents

By Application

Hospitals
Ambulatory Surgical Centers
Diagnostic Centers
Others

By Geography

North America
Europe
Asia-Pacific
South America
Middle East and Africa

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Market Drivers

Increasing levels of female population base globally which is expected to fuel the growth of the market
Increasing awareness programs being organized by the authorities to inform the population regarding the availability of various therapeutics for different female disorders is driving the market growth
Rising levels of expenditure being incurred to advance the healthcare services and facilities globally; this factor is also expected to propel the growth of the market
Growing innovations in technology and advancements of various medicines resulting in enhanced treatment methods and focus on development of effective drugs also boosts the market growth

Market Restraints

Lack in the availability of approved treatment procedures and therapeutics is expected to hinder the growth of the market
Growing concerns amongst the population regarding the recent black box warnings presented by the U.S. FDA regarding the usage of certain drugs restricts the market growth
High levels of financial costs associated with the development of medical devices and therapeutics for the treatment of uterine fibroids; this factor is expected to restrict the market growth

Highlight points of the report:

1. CAGR values in the Global uterine fibroids market for the forecast period

2. Key trends in the market place

3. Global uterine fibroids market Major players and brands

4. Drivers and restrains of the market

5. Competitive landscape

6. Potential and niche segments/regions exhibiting promising growth

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