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Uterine Fibroids Treatment Market - Size, Share Analysis, Key Insights And Industry Forecast 2023-2032
Uterine Fibroids Treatment Market
The Business Research Company's Uterine Fibroids Treatment Global Market Report 2023 identifies high prevalence of uterine fibroids among women as the major driver for the Uterine Fibroids Treatment market's growth in the forecast period. Uterine fibroids refer to non-cancerous growths that develop in the uterus and can cause symptoms such as heavy menstrual bleeding, pelvic pain, and pressure on the bladder or bowel. Uterine fibroids treatment treats fibroids by blocking the production of estrogen and progesterone and stopping menstruatio*n and improving anemia.
The global uterine fibroids treatment market size is expected to grow from $3.33 billion in 2022 to $3.67 billion in 2023 at a compound annual growth rate (CAGR) of 10.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global uterine fibroids treatment market size is expected to reach $5.26 billion in 2027 at a CAGR of 9.4%.
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Major competitors in the Uterine Fibroids Treatment market are Gynesonics Inc., Medtronic Plc., Boston Scientific Corporation, Karl Storz Gmbh, Pfizer Inc., Abbvie Inc.
A key trend in the Uterine Fibroids Treatment market includes product innovations. Companies operating in the uterine fibroid treatment market are adopting innovative products to sustain their position in the market. For instance, in May 2021, Myovant Sciences, a Switzerland-based healthcare company, and Pfizer, a US-based multinational pharmaceutical and biotechnology corporation, received FDA approval for MYFEMBREE® (relugolix 40 mg, estradiol 1 mg, and norethindrone acetate 0.5 mg). This is the first once-daily treatment with a maximum 24-month treatment duration for the control of severe monthly bleeding brought on by uterine fibroids in premenopausal women.
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The Uterine Fibroids Treatment market is segmented -
• By Type: Subserosal Fibroids, Intramural Fibroids, Submucosal Fibroids, Pedunculated Fibroids
• By Treatment Type: Hormone Therapy, Androgens, Gonadotropin-Releasing Hormone Antagonists, Uterine Artery Embolization, Myomectomy, Hysterectomy
• By End-Users: Hospitals, Ambulatory Surgical Centers, Other End users.
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Uterine Fibroids Treatment market.
The Business Research Company's "Global Uterine Fibroids Treatment Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Uterine Fibroids Treatment Market Include:
1. Executive Summary
2. Uterine Fibroids Treatment Market Characteristics
3. Uterine Fibroids Treatment Market Trends And Strategies
4. Uterine Fibroids Treatment Market - Macro Economic Scenario
5. Uterine Fibroids Treatment Market Size And Growth
…………………………………
26. Africa Uterine Fibroids Treatment Market
27. Uterine Fibroids Treatment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Uterine Fibroids Treatment Market
29. Uterine Fibroids Treatment Market Future Outlook and Potential Analysis
30. Appendix
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