The global Endometrial Ablation market size is expected to be worth around US$ 10.4 billion by 2030, according to a new report by Vision Research Reports.
The global Endometrial Ablation market size was valued at US$ 4.2 billion in 2020 and is anticipated to grow at a CAGR of 7.2% during forecast period 2021 to 2030.
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Growth Factors
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.
Report Highlights
The devices segment led the market in 2020 with a revenue share of more than 80%. Based on type, the market is segmented into devices and procedures. Endometrial ablation is a procedure for reducing severe menstrual bleeding by destroying the endometrium, a thin layer of tissue that lines the uterus. The number of women suffering from menorrhagia is on the rise, which is fueling the segment’s growth.
radiofrequency ablation dominated the devices segment with a revenue share of 36.3% and is further expected to continue its dominance during the forecast period. The growth is driven by the product’s convenience, speed of treatment, efficacy, and cost-efficiency compared to other ablation devices.
The hospital segment held the largest revenue share of over 65% in 2020. This is attributed to an increase in the number of patients being hospitalized for gynecological disorders, as hospitals provide excellent care as well as reimbursements. Also, hospitals possess advanced treatment devices, which contributes to the expansion of this segment.
The Ambulatory Surgery Center (ASC) is expected to exhibit the fastest growth rate during the forecast period, as a result of an increase in the number of ASCs. These healthcare settings offer more cost-effective services and a much more convenient environment, personalized treatment.
North America dominated the market and accounted for the largest revenue share of 43.6% in 2020. Rising cases of gynecological disorders, improvement in healthcare infrastructure, and a strong foundation of top industry players to deliver cutting-edge endometrial ablation devices are expected to drive market growth in the region.
Key Players
| Report Coverage | Details |
| Market Size | US$ 10.4 billion by 2030 |
| Growth Rate | CAGR of 7.2% From 2021 to 2030 |
| Base Year | 2020 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Type, End-use |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | Medtronic; CooperSurgical Inc.; Boston Scientific Corp.; Ethicon, Inc. (Johnson & Johnson); Olympus Corp.; Richard Wolf GmbH; AngioDynamics; Hologic, Inc.; Minerva Surgical, Inc. |
Market Segmentation
In this study, the years considered to estimate the market size of Endometrial Ablation are as follows:
Reasons to Purchase this Report:
– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Research Methodology:
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
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