Press release
Endometrial Ablation Market to Benefit from Technological Innovations and Healthcare Modernization
Endometrial Ablation Systems Market
According to the latest research by InsightAce Analytic, the global Endometrial Ablation market is valued at US$ 3.27 Billion in 2023, and it is expected to reach US$ 5.42 Billion by the year 2031, with a CAGR of 6.8% during a forecast period of 2024-2031.
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Endometrial ablation is a medical procedure aimed at removing the endometrium from the uterine wall, primarily to treat abnormal or severe uterine bleeding when pharmaceutical interventions are ineffective. This procedure has gained widespread acceptance due to its minimally invasive nature, eliminating the need for incisions, and is increasingly preferred by individuals with menstrual disorders.
The market for endometrial ablation devices is primarily driven by factors such as the rising incidence of cervical cancer, the development of next-generation ablation technologies, and the growing adoption of these procedures in hospitals and surgical centers. Technological advancements and the advantages of endometrial ablation over traditional surgical approaches further support the growth of the market. This procedure offers patients a less invasive alternative to hysterectomy, improving recovery times and patient outcomes.
Ongoing advancements, continuous research and development focused on enhancing ablation technologies, and increasing awareness of available treatment options are expected to create significant growth opportunities. Moreover, the growing emphasis on women's health by both public and private sectors, alongside expanded insurance coverage for women's health services in developed countries, is likely to drive further market expansion. However, the potential risks associated with endometrial ablation procedures remain a significant challenge, which could limit market growth in the coming years.
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North America is expected to be the dominant region in the endometrial ablation market throughout the forecast period. The growth of the market in this region is anticipated to be driven by the increasing prevalence of gynecological disorders, improvements in healthcare infrastructure, and the prominent presence of key industry players offering innovative endometrial ablation technologies.
Additionally, the Asia-Pacific endometrial ablation market is projected to experience significant growth during the forecast period. The growing demand for advanced, technologically sophisticated endometrial ablation devices, coupled with a rising incidence of menorrhagia attributed to insufficient hygiene standards, is expected to propel market expansion in the region.
Major market players operating in the Endometrial Ablation market include
Olympus Corporation, Smith & Nephew Plc, Karl Storz GmbH & Co. KG, Boston Scientific Corporation, Ethicon, LLC. (Johnson & Johnson), Medtronic Plc, Hologic Corporation, The Cooper Companies, Inc. (Cooper Surgical Inc.), Minerva Surgical, Inc., AngioDynamics Inc. and other prominent players.
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Recent collaborations and agreements in the market:
• In November 2021, at the 50th Global Congress of the AAGL (American Association of Gynecologic Laparoscopists), Hologic, Inc. announced plans to offer the NovaSure V5 global endometrial ablation technology to help women achieve better results.
• In February 2021, CooperSurgical purchased the MaraTM Water Vapor Ablation System from AEGEA Medical.
• In February 2021, CooperSurgical, a Cooper Companies company, purchased AEGEA Medical and its Mara endometrial ablation treatment to expand its product portfolio, focusing on women's health.
Market Segments
Global Endometrial Ablation Market, by Techniques, 2022-2030 (Value US$ Mn)
• Hyper thermic ablation
• Radio frequency ablation
• Microwave ablation
• Laser ablation
• Cryoablation
• Others
Global Endometrial Ablation Market, by End-User, 2022-2030 (Value US$ Mn)
• Hospitals
• Ambulatory Surgical Centers
• Others
Global Endometrial Ablation Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Endometrial Ablation Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada
Europe Endometrial Ablation Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Endometrial Ablation Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Endometrial Ablation Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Endometrial Ablation Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa
Why should buy this report:
To receive a comprehensive analysis of the prospects for the global Endometrial Ablation market
To receive an industry overview and future trends of the Endometrial Ablation market
To analyze the Endometrial Ablation market drivers and challenges
To get information on the Endometrial Ablation market value (US$Mn) forecast to 2030
Significant investments, mergers & acquisitions in the Endometrial Ablation market industry
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About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
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InsightAce Analytic Pvt. Ltd.
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