Tuesday, 2 November 2021

Endometrial Ablation Market to Surpass USD 5.4 Billion by 2028: Grand View Research Inc.

 Endometrial Ablation Market Growth & Trends

The global endometrial ablation market size is expected to reach USD 5.4 billion by 2028, registering a CAGR of 5.2% over the forecast period, according to a new report by Grand View Research, Inc. Endometrial ablation is a highly efficient procedure that helps in removing or destroying the uterine endometrial lining in women who experience heavy menstrual bleeding using specific devices. The growing prevalence of gynecological disorders and growing public awareness about endometrial ablation are key contributing factors expected to propel the product demand. According to the International Federation of Gynecology and Obstetrics (FIGO), globally, the prevalence of Abnormal Uterine Bleeding (AUB) among reproductive-aged women is estimated to be between 3 to 30%

For women suffering from painful, heavy periods, endometrial ablation for endometriosis offers an alternative to chronic medication and hysterectomy treatments. Improved features and a higher demand for these procedures and devices due to the advantages over surgical methods, such as minimally invasive nature, low-risk profile, and easy operation, will support market growth. Many global, as well as local key players, are opting for different strategies. For instance, In March 2020, Mara Water Vapor Ablation System from AEGEA Medical has been approved by the U.S. FDA. Mara is the endometrial ablation procedure that uses natural water vapor to safely cure heavy menstrual bleeding without the need for general anesthesia.

Endometrial ablation procedures have proven effective in about 10% of people to no longer have menstrual periods. Bleeding is effectively decreased in another 70% of cases. However, there are certain side effects associated with the procedure, which include infection, tearing of the uterine wall or bowel, which may hamper the market growth. As a result of the COVID-19 pandemic, the healthcare system had to deal with a lot of difficulties, all outpatient procedures were limited or stopped to lower the impact of virus outbreaks. This also had a negative impact on the overall market growth.

Request a free sample copy or view report summary: Endometrial Ablation Market Report

Endometrial Ablation Market Report Highlights

  • The radiofrequency ablation device segment dominated the market with a revenue share of 26.3% in 2020
  • The segment is expected to continue its dominance during the forecast period
  • The thermal balloon segment is expected to grow at a significant rate during the forecast period
  • The hospital end-use segment held the largest revenue share of more than 55% in 2020
  • The high growth is credited to the availability of technologically improved medical devices in hospitals
  • The Ambulatory Surgery Center (ASC) end-use segment is expected to exhibit the fastest CAGR during the forecast period
  • ASCs have shorter stay duration, little or no danger of Hospital-Acquired Infections (HAIs), and are more convenient than other healthcare facilities

Access Press Release@ https://www.grandviewresearch.com/press-release/global-endometrial-ablation-market

Endometrial Ablation Market Segmentation

Grand View Research has segmented the global endometrial ablation market based on type, end-use, and region:

Endometrial Ablation Type Outlook (Revenue, USD Million, 2016 - 2028)

  • Devices
    • Cryoablation
    • Radiofrequency Ablation
    • Hydrothermal Ablation
    • Thermal Balloon
    • Microwave Energy
  • Procedures

Endometrial Ablation End-use Outlook (Revenue, USD Million, 2016 - 2028)

  • Hospital
  • Clinic
  • Ambulatory Surgery Center

Endometrial Ablation Regional Outlook (Revenue, USD Million, 2016 - 2028)

  • North America
    • US.
    • Canada
  • Europe
    • UK.
    • Germany
    • France
    • Italy
    • Spain
    • Norway
    • Sweden
    • Russia
  • Asia Pacific
    • Japan
    • India
    • China
    • Australia
    • South Korea
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Colombia
  • Middle East and Africa
    • Saudi Arabia
    • Turkey
    • UAE
    • Qatar
    • South Africa

List of Key Players of Endometrial Ablation Market

  • Medtronic
  • CooperSurgical Inc.
  • Boston Scientific Corp.
  • Ethicon, Inc. (Johnson & Johnson)
  • Olympus Corp.
  • Richard Wolf GmbH
  • AngioDynamics
  • Hologic, Inc.
  • Minerva Surgical, Inc

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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