Global Endometrial Resection Devices Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 1.15 Billion |
Market Size (Forecast Year) |
USD 1.98 Billion |
CAGR |
|
Major Markets Players |
Global Endometrial Resection Devices Market, By Technology (Radiofrequency Ablation, Cryoablation, Hydrothermal Ablation, Thermal Balloon, Hysteroscopy Ablation and Others), Device Type (Remote Temperature Probe, Ablation Catheter, Resectoscope, Radiofrequency Electrodes, Ablation Surgical Antennas, Laser Ablation Catheter), End-Use (Ambulatory Surgery, Center, Clinic and Hospitals) – Industry Trends and Forecast to 2029.
Endometrial Resection Devices Market Analysis and Size
Endometrial resection is typically performed using resectoscopic resection techniques. This minimally invasive technique aids in resection treatment by employing a hysteroscope, which visually guides the procedure. This procedure is recommended when other methods or medications have failed to control uterine bleeding. This procedure is not appropriate for women who have uterine disorders such as infections, endometrial hyperplasia, pregnancy, or uterine cancer. The rise in gynaecological disorders such as endometriosis and uterine myomas has led to an increase in surgical and diagnostic procedures. Rapid technological advances in the medical device sector have resulted in the development and use of endometrial resection devices as treatment options.
Data Bridge Market Research analyses that the endometrial resection devices market which was USD 1.15 billion in 2021, is expected to reach USD 1.98 billion by 2029, at a CAGR of 7.00% during the forecast period 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Endometrial Resection Devices Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to 2014 - 2019) |
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered |
Technology (Radiofrequency Ablation, Cryoablation, Hydrothermal Ablation, Thermal Balloon, Hysteroscopy Ablation and Others), Device Type (Remote Temperature Probe, Ablation Catheter, Resectoscope, Radiofrequency Electrodes, Ablation Surgical Antennas, Laser Ablation Catheter), End-Use (Ambulatory Surgery, Center, Clinic and Hospitals) |
Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America. |
Market Players Covered |
Boston Scientific Corporation (U.S.), CooperSurgical, Inc (U.S.), Medtronic (Ireland), Hologic, Inc (U.S.), KARL STORZ (India), AngloDynamics (U.S.), Omnitech Systems, Inc (U.S.), Johnson & Johson Services, Inc (U.S.), RF Medical Co ltd (South Korea), MEDGYN PRODUCTS, INC. (U.S.), Biosense Webster, Inc (U.S.), Erbe Medical India Pvt Ltd (Chennai), Auris Health, Inc. (U.S.), AEGEA Medical, Inc (U.S.), Hansen Medical (U.S.) |
Market Opportunities |
|
Market Definition
Endometrial resection is a medical procedure that involves removing a woman's uterine lining, or endometrium, with an electrosurgical wire loop to prevent excessive menstrual bleeding. This procedure, in most cases, significantly reduces or stops blood flow.
Global Endometrial Resection Devices Market Dynamics
Drivers
- Rising gynaecological disorders will drive the growth
Endometrial resection aids in the treatment of a variety of gynaecological disorders in women, including abnormal vaginal bleeding, menorrhagia and POCD, or polycystic ovarian disease. Furthermore, the global endometrial resection devices market is being driven by rising demand for minimally invasive surgical procedures, rising cases of various gynaecological disorders, and a growing population suffering from abnormal vaginal bleeding. The rise in gynaecological disorders such as endometriosis and uterine myomas has led to an increase in surgical and diagnostic procedures. These all are some of the factors which propel the growth of the market.
- Rise in awareness regarding the procedure
The endometrial resection procedure is recommended when other methods or medications have failed to control uterine bleeding. This procedure is not appropriate for women who have uterine disorders such as infections, endometrial hyperplasia, pregnancy or uterine cancer. Therefore, rising awareness about this in the developing and developed economies is bolstering the market growth rate. Furthermore, rapid technological advances in the medical device sector have resulted in the development and use of endometrial resection devices as treatment options.
Opportunities
- Increasing research and development spending
The market's leading players are focused on developing products that are both cost effective and of high quality in order to capitalize on the vast untapped opportunities in developing regions. This is evidenced by increased R&D spending and an increase in the number of new product approvals. The launch of new low-cost products and increased efforts for market penetration in these regions can provide lucrative growth opportunities for endometrial resection devices market players.
Restraints/Challenges
- Stringent government regulations
Stringent government regulations for the approval of endometrial ablation devices and risk associated with them will act as a restrain will obstruct the market's growth rate. Endometrial resection devices products are not widely used in developing countries due to a lack of awareness about the diseases, high product costs, poor economic conditions, and a lack of favourable insurance systems.
This endometrial resection devices market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the endometrial resection devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on the Endometrial Resection Devices Market
Following the COVID-19 outbreak, the healthcare system experienced a number of fundamental shifts. Some instances, include increased consumer involvement in health-care decision-making, rapid adoption of virtual health and other digital innovations, a greater emphasis on the use of interoperable data and data analytics, and increased public-private collaborations in therapeutics and vaccine development. Health care providers and other stakeholders have made significant investments to quickly pivot, adapt, and innovate therapeutics.
Global Endometrial Resection Devices Market Scope
The endometrial resection devices market is segmented on the basis of technology, device type and end-use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Technology
- Radiofrequency Ablation
- Cryoablation
- Hydrothermal Ablation
- Thermal Balloon
- Hysteroscopy Ablation
- Others
Device Type
- Remote temperature probe
- Ablation catheter
- Resectoscope
- Radiofrequency electrodes
- Ablation surgical antennas
- Laser ablation catheter
End-Use
- Ambulatory Surgery Center
- Clinic
- Hospitals
Endometrial Resection Devices Market Regional Analysis/Insights
The endometrial resection devices market is analysed and market size insights and trends are provided by country, technology and end-use as referenced above.
The countries covered in the endometrial resection devices market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the endometrial resection devices market due to rising healthcare infrastructure with strong establishment of major market players in the region and increasing cases of gynaecological disorders.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 owing to the growing incidence of cancer such as bladder, oesophagus, liver, pancreas, and others, high presence of major manufacturers across the U.S. Furthermore, technological advancements and rising foreign investment.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed base and New Technology Penetration
The endometrial resection devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for endometrial resection devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the endometrial resection devices market. The data is available for historic period 2010-2020.
Competitive Landscape and Endometrial Resection Devices Market Share Analysis
The endometrial resection devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to endometrial resection devices market.
Some of the major players operating in the endometrial resection devices market are:
- Boston Scientific Corporation (U.S.)
- CooperSurgical, Inc (U.S.)
- Medtronic (Ireland)
- Hologic, Inc (U.S.)
- KARL STORZ (India)
- AngloDynamics (U.S.)
- Omnitech Systems, Inc (U.S.)
- Johnson & Johson Services, Inc (U.S.)
- RF Medical Co ltd (South Korea)
- MEDGYN PRODUCTS, INC. (U.S.)
- Biosense Webster, Inc (U.S.)
- Erbe Medical India Pvt Ltd (Chennai)
- Auris Health, Inc. (U.S.)
- AEGEA Medical, Inc (U.S.)
- Hansen Medical (U.S.)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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