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Endometrial Ablation Devices Market 2024-2031: Growth Trends, Prevalence Analysis, and Key Players

02-23-2024 12:29 PM CET | Health & Medicine

Press release from: DataM Intelligence 4Market Research

Endometrial Ablation Devices Market - DataM Intelligence

Endometrial Ablation Devices Market - DataM Intelligence

Market Overview
The global endometrial ablation devices market is expected to exhibit a CAGR of 5.6% during the forecast period (2024-2031).

Endometrial ablation devices play a crucial role in addressing a range of disorders affecting the endometrium, the inner lining of the uterus. This minimally invasive surgical technique aims to remove or destroy endometrial tissue, effectively reducing or stopping irregular uterine bleeding.

Primarily used to manage excessive menstrual blood loss, endometrial ablation becomes necessary when a woman experiences very heavy periods, often defined by the need to change pads or tampons every two hours or less.

The market for endometrial ablation devices is propelled by several factors, including the increasing prevalence of gynecological disorders, frequent product launches by various market players, continuous technological advancements, and the numerous advantages that endometrial ablation offers over traditional surgical methods. These factors collectively contribute to the growth and expansion of the endometrial ablation devices market, providing improved treatment options for individuals suffering from related conditions.

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Market Trends
The rising prevalence of gynecological disorders among women, such as cervical cancer, menorrhagia, abnormal vaginal bleeding, and polycystic ovarian disease (PCOD), is a major factor driving the growth of the market. For example, according to the American Society of Clinical Oncology, it is projected that in 2023, approximately 13,960 women in the United States will receive a diagnosis of invasive cervical cancer. Globally, the estimated number of women diagnosed with cervical cancer was 604,127 in 2020.

Despite advancements in screening leading to earlier detection of cervical cancer, it is anticipated that 4,310 deaths from the disease will occur in the United States in 2023. It's worth noting that while the death rate in the United States has decreased by approximately 50% since the mid-1970s, there remains a notable disparity, with Black women experiencing a 65% higher death rate compared to White women, despite similar self-reported screening efforts. Moreover, the global death toll from cervical cancer was estimated at 341,831 women in 2020.

These statistics underscore the pressing need for effective interventions and treatments to address gynecological disorders, highlighting the significance of ongoing efforts in research, screening, and treatment options to mitigate the impact of these conditions on women's health worldwide.

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Market Segmentation

By Device Type
Hydrothermal ablators
Thermal balloon ablators
Hysteroscopy devices
Cryoablation devices
Radiofrequency endometrial ablation devices
Microwave endometrial ablators
Others

By End User
Hospital
Ambulatory surgical centres
Specialty Clinics
Others

Industry Players
Major players are Medtronic, Boston Scientific Corporation, Cooper Surgical, Minerva Surgical, Ethicon, KARL STORZ GmbH & Co. KG, Richard Wolf GmbH, AngioDynamics Inc., Smith & Nephew PLC, Olympus Corporation.

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About DataM Intelligence:
DataM Intelligence 4Market Research is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

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