USD 3.55 billion
Endometrial Ablation Market Size, Share, Growth Analysis, By Type(Devices, Cryoablation, Radiofrequency Ablation, Hydrothermal Ablation), By End-use(Hospitals, Clinics, Ambulatory Surgery Centers), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG35A2573 |
Region:
Global |
Published Date: March, 2024
Pages:
219
|Tables:
67
|Figures:
65
Endometrial Ablation Market Insights
Global Endometrial Ablation Market size was valued at USD 3.55 billion in 2022 and is poised to grow from USD 3.69 billion in 2023 to USD 5.05 billion by 2031, growing at a CAGR of 4.00% during the forecast period (2024-2031).
The escalating demand for endometrial ablation procedures and devices is driven by the increasing prevalence of gynecological disorders like menorrhagia, PCOD, and abnormal vaginal bleeding, alongside growing awareness of endometrial ablation benefits. For example, the CDC reports that 10 million American women experience menorrhagia annually. Technological advancements and the advantages of these procedures over surgical alternatives further fuel the market. Minimally invasive endometrial ablation methods have revolutionized the field, offering less risk and complexity in day-care procedures for destroying the endometrium in-situ.
Abnormal Uterine Bleeding (AUB), affecting 3 to 30% of reproductive-aged women globally, is a crucial driver. Governments and private organizations prioritize women’s health, manifesting in initiatives like tax exemptions for health insurance premiums in countries like India. Such incentives are poised to bolster treatment adoption and consequently, market growth.
However, certain risks such as infection and uterine wall or bowel tearing associated with endometrial ablation procedures are potential restraints on market growth. Despite these challenges, the prevalence of AUB remains a significant concern for reproductive-aged women, with a prevalence of 17.9% estimated in India alone, indicating a sustained demand for effective treatments.
US Endometrial Ablation Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Devices
Fastest Growth
Devices
Growth Rate
4.00% CAGR
Country Share for North America Region (%)
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Endometrial Ablation Market Segmental Analysis
The Global Endometrial Ablation Market is segmented on the basis of Type, End-use, and Regional. Based on Type the market is segmented as, Devices, Cryoablation, Radiofrequency Ablation, Hydrothermal Ablation, Thermal Balloon, Microwave Energy, Procedures. Based on End-use the market is segmented as, Hospitals, Clinics, Ambulatory Surgery Centers. Based on Regional the market is segmented as, North America, Europe, Asia Pacific, and LAMEA.
Endometrial Ablation Market Analysis By Type
In 2022, the devices segment emerged as the frontrunner, contributing to over 70% of the market's revenue share. The market is divided into two key types: devices and procedures. Endometrial ablation, a procedure aimed at mitigating severe menstrual bleeding by obliterating the endometrium, witnessed growing demand due to the escalating prevalence of menorrhagia. Various techniques and devices are employed in this context. For instance, radiofrequency ablation employs high-energy radio waves to eliminate endometrial tissue; cryoablation involves freezing and eradicating abnormal tissues; balloon therapy deploys heated fluid within a balloon to annihilate the endometrium.
Within the devices segment, radiofrequency ablation dominated in 2022, securing a revenue share of 26.3%. This trend is poised to persist during the forecast period. Its popularity is attributed to its convenience, swift treatment pace, effectiveness, and cost-efficiency compared to alternative ablation devices. Moreover, radiofrequency ablation devices are widely available and established within the medical community. The thermal balloon segment is also anticipated to witness robust growth. It is a less invasive alternative to hysterectomy, maintaining high hygiene standards through single-use disposable catheter balloon cartridges, and having obtained approval from the US Food and Drug Administration (FDA) for treating menorrhagia in women.
Endometrial Ablation Market Analysis By End-User
The hospital segment secured a substantial revenue share, exceeding 55%, in 2022. This prominence is linked to the growing hospitalization of individuals dealing with gynecological disorders, driven by hospitals' proficient care and favorable reimbursement policies. Hospitals are equipped with advanced treatment technologies, augmenting the expansion of this segment. Furthermore, the comprehensive management of potential complications during surgical interventions and the availability of diverse treatment modalities within hospital premises contribute to higher patient influx compared to other healthcare settings. On the other hand, the Ambulatory Surgery Center (ASC) sector is projected to experience the swiftest growth rate during the forecast period. The proliferation of ASCs, characterized by cost-effective services, personalized care, reduced waiting times, diminished risk of Hospital-Acquired Infections (HAIs), and shorter patient stays, all contribute to their burgeoning demand. These factors collectively drive the growing preference for ASCs as healthcare destinations.
Global Endometrial Ablation Market By Type
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Endometrial Ablation Market Regional Insights
North America commanded the market, securing the largest revenue share of 33.6% in 2022. The region's dominance is driven by the escalating incidence of gynecological disorders, significant enhancements in healthcare infrastructure, and the presence of leading industry players capable of delivering cutting-edge endometrial ablation devices. In the United States, an unwavering focus on patient outcomes and safety has fueled initiatives aimed at enhancing healthcare quality and cost reduction. The region's substantial healthcare expenditures, surpassing other global regions, further contribute to the growth trajectory of the market.
The Asia Pacific region is poised to exhibit substantial growth in the forecast period. The impact of the COVID-19 pandemic has underscored the deficiencies and vulnerabilities within the healthcare systems of the region, emphasizing the integral relationship between health security and economic stability. Consequently, efforts towards achieving Universal Health Care (UHC) are being accelerated. Additionally, the market is anticipated to flourish due to the mounting prevalence of menorrhagia and an escalating demand for advanced technological solutions in the healthcare sector.
Global Endometrial ablation market By Geography
- Largest
- Fastest
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Endometrial Ablation Market Dynamics
Endometrial Ablation Market Drivers
Rising Prevalence of Gynecological Disorders:
- The increasing incidence of gynecological disorders such as menorrhagia, abnormal vaginal bleeding, and polycystic ovary syndrome (PCOS) is a major driver of the endometrial ablation market. These conditions create a substantial demand for minimally invasive treatment options like endometrial ablation.
Growing Public Awareness:
- Increasing awareness among women about available treatment options for gynecological disorders is driving the demand for endometrial ablation procedures. As awareness spreads, more women are seeking medical help for their conditions, leading to the growth of the market.
Endometrial Ablation Market Restraints
Risk Factors and Complications:
- Endometrial ablation procedures are not suitable for all patients, and certain risk factors and complications might arise from the procedure. Adverse effects such as infection, uterine wall or bowel tearing, or unintended outcomes can hinder the market's growth.
Limited Awareness in Developing Regions:
- In certain developing regions, there might be limited awareness about advanced medical treatments and procedures like endometrial ablation. This lack of awareness can limit the adoption of these procedures, affecting market growth in those areas.
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Endometrial Ablation Market Competitive Landscape
The competitive landscape of the endometrial ablation market is characterized by the presence of several key players striving to offer innovative and effective solutions for treating gynecological disorders. These companies focus on technological advancements and product developments to enhance patient outcomes and capture a larger market share. Major players in the market include Hologic, Inc., Boston Scientific Corporation, Medtronic plc, CooperSurgical Inc., Olympus Corporation, Smith & Nephew plc, Minerva Surgical, Inc., Ethicon, Inc. (Johnson & Johnson), AngioDynamics, Inc., and Myosure. These companies engage in strategies such as mergers, acquisitions, partnerships, and collaborations to expand their product portfolios and strengthen their global presence. Moreover, investments in research and development activities to introduce innovative and minimally invasive solutions, along with a focus on obtaining regulatory approvals, are key factors driving their competitive positions in the rapidly evolving endometrial ablation market. The competition in this market is intense, with a constant emphasis on product differentiation, technology integration, and reaching out to a broader patient base through effective marketing and distribution strategies.
Endometrial Ablation Market Top Player’s Company Profile
- Hologic, Inc.
- Boston Scientific Corporation
- Medtronic plc
- CooperSurgical Inc.
- Olympus Corporation
- Smith & Nephew plc
- Minerva Surgical, Inc.
- Ethicon, Inc. (Johnson & Johnson)
- AngioDynamics, Inc.
- Myosure
Endometrial Ablation Market Recent Developments
- In January 2023, Hologic announced the launch of a new endometrial ablation device called the NovaSure. The NovaSure is a radiofrequency ablation device that is designed to treat heavy menstrual bleeding (HMB).
- In February 2023, Boston Scientific announced the launch of a new endometrial ablation device called the ThermaChoice Endometrial Ablation System. The ThermaChoice Endometrial Ablation System is a thermal balloon ablation device that is designed to treat HMB.
- In March 2023, Olympus Corporation announced the launch of a new endometrial ablation device called the EnSeal Endometrial Ablation System. The EnSeal Endometrial Ablation System is a bipolar radiofrequency ablation device that is designed to treat HMB.
Endometrial Ablation Key Market Trends
- Technological Advancements: The market is experiencing a surge in technological advancements, leading to the development of innovative and more efficient endometrial ablation devices. These advancements aim to enhance the precision, safety, and effectiveness of the procedures, attracting both patients and healthcare providers.
Endometrial Ablation Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Component types team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our Global Endometrial ablation market analysis; the global endometrial ablation market is witnessing substantial growth due to rising cases of gynecological disorders such as menorrhagia and increased awareness about minimally invasive treatment options. The market is segmented into devices and procedures, with radiofrequency ablation and thermal balloon techniques leading the devices segment. Hospitals dominate the end-user segment, owing to advanced treatment facilities and reimbursements. North America holds the largest market share, driven by a high prevalence of gynecological disorders, improved healthcare infrastructure, and top industry players. Meanwhile, the Asia Pacific region is anticipated to experience significant growth due to increasing demand for innovative technology and the pursuit of Universal Health Care initiatives. The market's growth is further propelled by factors like technological advancements, patient preferences for minimally invasive procedures, and the need for cost-effective healthcare solutions.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 3.55 billion |
| Market size value in 2031 | USD 5.05 billion |
| Growth Rate | 4.00% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Endometrial Ablation Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Endometrial Ablation Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Endometrial Ablation Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Endometrial Ablation Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Endometrial Ablation Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Endometrial Ablation Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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