Endometrial Ablation Market value is projected to increase at a CAGR of around 7.3% from 2023 to 2033
The Endometrial Ablation Market revenues were estimated at US$ 3.4 Bn in 2023 and are anticipated to grow at a CAGR of 7.3% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach US$ 6.8 Billion. The aggregate revenue from US and China was US$ 1.4 Billion in 2022.
With the advent of minimally invasive endometrial ablation treatments,
the endometrium can be destroyed in a more expedient, outpatient setting. This
operation is less dangerous and technically straightforward to carry out.
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The International Federation of Gynaecology and Obstetrics estimates that
between 3% and 30% of reproductive-aged women are affected by Abnormal Uterine
Bleeding. Women's treatment plans have become the key focus of the general
health industry in the modern world. Governments and private organizations
around the world have placed women's health at the center of their wellbeing
race.
In India, such as in many other locations, women are eligible for several
tax benefits and exemptions under the provisions of several sections of the tax
code. Women's healthcare initiatives may promote the effectiveness of treatment
alternatives, which will boost the market.
Uterine Ablation is a medical procedure that
involves the removal or destruction of the lining of the uterus, known as the
endometrium. This procedure is often used to treat heavy or prolonged menstrual
bleeding, and can be an alternative to a hysterectomy.
Competitive Landscape
- Medtronic
- CooperSurgical
Inc.
- Boston
Scientific Corp.
- Ethicon, Inc.
- Olympus Corp.
- Richard Wolf
GmbH
- AngioDynamics
- Hologic, Inc.
- Minerva
Surgical, Inc.
A few of the recent developments in the market are:
- In February
2021, CooperSurgical, a division of CooperCompanies, has acquired Aegea
Medical, nearly a year after the company received FDA approval for its
Mara water vapor ablation system for severe menstrual bleeding.
- In May 2019,
Medtronic Plc announced a partnership with Koninklijke Philips N.V. This
collaboration is projected to result in an integrated cryoablation
solution that is cutting-edge in terms of image guidance.
- In April 2021,
Olympus Corporation relocated its Therapeutic Solutions Division's
worldwide headquarters from Tokyo to the United States in order to gain
better access to the medical industry and earn more revenue through
expanded commercial prospects.
- In June 2021,
Boston Scientific purchased the remaining shares of FARAPULSE. Boston
Scientific's electrophysiology sector was bolstered by the acquisition,
which added pulsed-field ablation technology to the company's offerings.
Market Segments Covered in Endometrial Ablation Market Analysis
By Type:
- Devices
- Cryoablation
- Radiofrequency
Ablation
- Hydrothermal
Ablation
- Thermal
Balloon
- Microwave
Energy
- Procedures
By End User:
- Hospitals
- Clinics
- Ambulatory
Surgery Centers
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