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Uterine Fibroids Treatment Market 2024-2033 : Market Size, Top Segments, Leading Region Forecast | Gynesonics Inc., Medtronic plc, Boston Scientific Corporation, Karl Storz GmbH, Pfizer Inc

07-26-2024 09:15 AM CET | Health & Medicine

Press release from: The Business Research Company

Uterine Fibroids Treatment Global Market Report 2024

Uterine Fibroids Treatment Global Market Report 2024

"The new report published by The Business Research Company, titled Uterine Fibroids Treatment Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the uterine fibroids treatment market size has grown rapidly in recent years. It will grow from $3.67 billion in 2023 to $4.04 billion in 2024 at a compound annual growth rate (CAGR) of 10.0%. The uterine fibroids treatment market size is expected to see strong growth in the next few years. It will grow to $5.77 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%.

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Rising Prevalence Of Uterine Fibroids Propels Growth In Treatment Market
The high prevalence of uterine fibroids among women is expected to propel the growth of the uterine fibroids treatment market going forward. Uterine fibroids refer to non-cancerous growths that develop in the uterus and can cause symptoms such as heavy 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 and improving anemia. For instance, in November 2022, according to a report published by the National Centre for Biotechnology Information, a US-based organization, and branch of the National Institutes of Health, the approximate incidence of uterine fibroids occurs between 40 and 60% among women under the age of 35 and between 70- 80% among women over the age of 50. Therefore, the high prevalence of uterine fibroids among women worldwide is driving the growth of the uterine fibroids treatment market.

Innovative Products Drive Momentum In Uterine Fibroid Treatment Market
Product innovations are a key trend gaining popularity in the uterine fibroid treatment market. 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.

The uterine fibroids treatment market covered in this report is segmented -

1) By Type: Subserosal Fibroids, Intramural Fibroids, Submucosal Fibroids, Pedunculated Fibroids
2) By Treatment Type: Hormone Therapy, Androgens, Gonadotropin-Releasing Hormone Antagonists, Uterine Artery Embolization, Myomectomy, Hysterectomy
3) By End-Users: Hospitals, Ambulatory Surgical Centers, Other End users

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Major companies operating in the uterine fibroids treatment market report are Gynesonics Inc., Medtronic plc, Boston Scientific Corporation, Karl Storz GmbH, Pfizer Inc., Abbvie Inc., Richard Wolf GmbH, CooperSurgical Inc., Olympus Corporation, Myovant Sciences GmbH, Insightec Ltd., Hologic Inc., Obseva SA, Eli Lilly and Company, GlaxoSmithKline plc, Stryker Corporation, Smith & Nephew plc, Minerva Surgical Inc., Ethicon Inc., Cook Medical LLC, C.R. Bard Inc., Biomerics LLC, Visionsense Corp., Halt Medical Inc., Acessa Health Inc., Blue Endo, LiNA Medical ApS, Merit Medical Systems Inc., Allergan plc, Astellas Pharma Inc.

Contents of the report:
1. Executive Summary
2. Uterine Fibroids Treatment Market Report Structure
3. Uterine Fibroids Treatment Market Trends And Strategies
4. Uterine Fibroids Treatment Market - Macro Economic Scenario
5. Uterine Fibroids Treatment Market Size And Growth
…..
27. Uterine Fibroids Treatment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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