Below are some of the key findings from the endometrial ablation devices market analysis:
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Global Endometrial Ablation Devices Industry Overview
Increased awareness about healthcare devices and the prevalence of gynecological disorders in emerging countries such as India, China, and Brazil is encouraging governments to invest in the healthcare sector. These investments are targeted at developing advanced medical infrastructure and expanding healthcare facilities. The rise in per capita income and increasing awareness among people are some of the factors driving the demand for these devices. Consequently, the demand and adoption of these devices have also increased. The market expansion in these emerging economies is one of the critical reasons that will drive the endometrial ablation devices market’s growth.
Technological advancements have resulted in the development of improved endometrial ablation devices with enhanced efficiency. This will drive the endometrial ablation devices market to grow at a CAGR of nearly 6% during the forecast period. The increasing demand for these devices among end-users id due to these technological advances and recent approvals. Several manufacturers are introducing user-friendly minimally invasive endometrial ablation devices with a low-risk profile that treat DUB effectively. These efficient devices are developed using endometrial laser intrauterine thermal therapy, cryotherapy, and other technologies.
Top companies covered in the endometrial ablation devices market research report
The endometrial ablation devices market is fairly fragmented. Market players are leveraging advanced technologies to offer high-quality products to meet the evolving needs of the end-user industries. By providing a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, the industry analysis report will allow clients to identify new growth opportunities and design innovative strategies to improve their share in the market.
The report offers a complete analysis of various companies including:
- Boston Scientific
- Hologic
- Johnson & Johnson
- KARL STORZ
- Medtronic
- The Cooper Companies
Endometrial ablation devices market segmentation based on geographic regions
- APAC
- Europe
- North America
- ROW
North America will contribute to the highest market share throughout the forecast period. The market was primarily led by the US due to increasing R&D expenditure, wide health insurance coverage, and high adoption of technologically advanced products. The growing demand for thermal balloon endometrial ablation devices in hospitals is one of the primary reasons for the high growth of the endometrial ablation devices market in the region.
Endometrial ablation devices market segmentation based on technology
- Radiofrequency ablation
- Hysteroscopic ablation
- Hydrothermal ablation
- Thermal balloon ablation
- Others
The radiofrequency ablation segment will account for the highest market share of the endometrial ablation devices market. This is because the radiofrequency endometrial ablation procedure involves low complication rates, quick recovery, short hospital stay, and minimal incisions. The increasing adoption of the radiofrequency ablation procedures in developing countries is driving the growth of the segment.
Key highlights of the global endometrial ablation devices market for the forecast years 2019-2023:
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the endometrial ablation devices market during the next five years
- Precise estimation of the global endometrial ablation devices market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the industry across various geographies such as APAC, Europe, North America, and ROW
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on factors that will challenge the growth of the companies
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