Press release
Endometrial Ablation Devices Market: Strong Market Growth Fueled by Rising Incidence of Abnormal Uterine Bleeding and Shift Towards Outpatient Procedures
Delving into the increasing use of endometrial ablation devices in the treatment of gynecological disorders, a combined CAGR of 6.1% is expected from 2024 to 2025 and 7.1% from 2025 to 2029.What Is The Projected Market Size Of The Global Endometrial Ablation Devices Market And Its Growth Rate?
Endometrial ablation devices have seen robust growth; here are the projected numbers:
•2024 Market Size: $3.67 billion
•2025 Market Size: $3.9 billion (6.1% CAGR)
•2029 Market Size: $5.13 billion (7.1% CAGR)
Factors propelling this growth include changing attitudes towards women's health, increasing incidences of abnormal uterine bleeding, the demand for alternatives to hysterectomy, and shift towards outpatient procedures.
What Is Driving The Growth In The Endometrial Ablation Devices Market?
The rise in gynecological disorders is a major factor propelling the growth of the endometrial ablation devices market. These disorders, including conditions such as menstrual disorders, endometriosis, polycystic ovary* syndrome (PCOS), uterine fibroids, pelvic inflammatory disease (PID), and ovarian cysts, are treated using endometrial ablation devices which destroy the lining of the uterus. For instance, according to the World Health Organization, PCOS affects 8-13% of reproductive-aged women worldwide, and up to 70% of affected women go misidentified, emphasizing the need for these devices.
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Who Are the Key Players Driving Endometrial Ablation Devices Market Growth?
Key players in the endometrial ablation devices market include:
• Johnson and Johnson Private Limited
• Medtronic Plc.
• Stryker Corporation
• Boston Scientific Corporation
• Olympus Corporation
• Smith And Nephew plc.
• Hologic Inc.
• C R.Bard Inc.
• Cooper Companies Inc.
• Cook Medical
• Karl Storz GmbH And Co. KG
• Biotronik SE And Co. KG
• B. Braun Medical Inc.
• Richard Wolf GmbH
• Aesculap Inc.
• AngioDynamics
• Gyrus ACMI Inc.
• Minerva Surgical Inc.
• Lina Medical ApS
• Biolitec AG
• AEGEA Medical Inc.
• Albyn Medical
• Channel Medsystems Inc.
• CathRX Ltd
• Ecleris Srl.
• Idoman Teoranta
• Surkon Medical Co. Ltd
• Omnitech Systems Inc.
• Veldana Medical SA
What Are The Key Trends In The Endometrial Ablation Devices Market?
Key industry trends are:
•The integration of telemedicine and remote consultations
•Standardization of protocols
•Shift towards non-hormonal treatment
•Integration of patient-centric care
•Development of safer procedures
What Are The Segments Of The Global Endometrial Ablation Devices Market?
The market is segmented by
1) By Device Type: Hysteroscopy Devices, Thermal Balloon Ablators, Radiofrequency Endometrial Ablation Devices, Hydrothermal Ablators, Electrical Ablators, Other Device Types
2) By Technology: Radiofrequency Ablation, Cryoablation, Hydrothermal Ablation, Thermal Balloon, Hysteroscopic Ablation, Other Technologies
3) By End User: Ambulatory Surgery Center, Clinic, Hospital
Which Region Leads The Endometrial Ablation Devices Market?
In 2024, North America held the largest share in the endometrial ablation devices market. However, Asia-Pacific is expected to be the fastest-growing region in the forecast period. The market report covers Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Endometrial Ablation Devices Market Global Market Report?
- Market Size Analysis: Analyze the Endometrial Ablation Devices Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Endometrial Ablation Devices Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Endometrial Ablation Devices Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Endometrial Ablation Devices Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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