About Endometrial Ablation Devices
The endometrial ablation devices market is expected to grow in the future due to an increasing awareness related to the advanced technology in the device and high preference from several medical practitioners. Endometrial ablation devices are used for the treatment of menorrhagia due to dysfunctional uterine bleeding. Global generation endometrial devices provide patients with less invasive surgical alternatives to hysterectomy, once childbearing is complete. Apart from the advantages of the devices, the factors driving the segment growth are the increasing prevalence of cervical cancer, menorrhagia, and other gynecology disorders.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | North America |
Unit | Value (USD Million) |
CAGR | 5.1% |
The global Endometrial Ablation Devices market including many local as well as regional players. Leading global players are focusing on strategic partnerships to improve their products and services. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Endometrial Ablation Devices market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Boston Scientific (United States), Medtronic (United States), Johnson & Johnson (United States), Hologic, Inc (United States), St. Jude Medical (United States), Smith & Nephew plc (United Kingdom), KARLSTORZ GmbH & Co (Germany), Cooper Surgical (United States), Minerva Surgical (United States), CONMED Corporation (United States), AngioDynamics (United States) and AtriCure (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Richard Wolf GmbH (Germany) and Olympus Corporation (Japan).
Segmentation Overview
AMA Research has segmented the market of Global Endometrial Ablation Devices market by Type (Radiofrequency Ablation, Cryoablation, Hydrothermal Ablation, Thermal Balloon, Hysteroscopic Ablation and Others) and Region.
On the basis of geography, the market of Endometrial Ablation Devices has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2023. If we see Market by End User, the sub-segment i.e. Ambulatory Surgery Center will boost the Endometrial Ablation Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements in the Ablation Procedures
Market Growth Drivers:
Increasing Incidence of Gynecological Disorders and Endometrial Cancer in Women and High Number of Menorrhagia Affected Population
Challenges:
Stringent Regulatory Procedures Requirements for Approval of Devices
Restraints:
High Cost Associated with Ablation Procedures
Opportunities:
Increasing Awareness about the Endometrial Ablation Devices, Rising Healthcare Expenditure in Developing Countries and High Growth Prospects in Emerging Markets
Market Leaders and their expansionary development strategies
In May 2020, Minerva Surgical announced the closing of the acquisition of Boston Scientific's Intrauterine Health franchise. Minerva's combined product line will provide healthcare practitioners with the most complete and trusted product portfolio for treating Abnormal Uterine Bleeding (AUB). According to the American College of Obstetricians and Gynecologists, about one-third of women seek treatment for heavy menstrual bleeding.
In February 2023, Hologic Inc., a global leader in women's health, has announced approval of the NovaSure® V5 global endometrial ablation (GEA) device in Canada and Europe. This innovative new version incorporates enhanced features designed to treat a wide range of cervical and uterine anatomies. It builds on a world-class track record for NovaSure, including 3 million patients who have benefited from the device.
Key Target Audience
Manufacturers of Endometrial Ablation Devices, Suppliers of Endometrial Ablation Devices, Wholesalers, Distributors and Retailers of Endometrial Ablation Devices, Healthcare Industry, Government Regulators, Clinical Laboratory and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.