Global Uterine Fibroid Treatment Devices Market Size To Grow At A CAGR Of 9.5% During The Forecast Period Of 2023-2031

PRESS RELEASE
Published February 10, 2023

The ‘Global Uterine Fibroid Treatment Devices Market Size, Share, Price, Trends, Growth, Analysis, Report and Forecast 2023-2031’ by Expert Market Research gives an extensive outlook of the global uterine fibroid treatment devices market, assessing the market on the basis of its segments like mode of treatment, techniques, end-user, and major regions.

The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.



Uterine Fibroid Treatment Devices Market Share, Size, Trends, Industry Report, Key Player, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2016-2031)

• Forecast CAGR (2023-2031): 9.5% 

The growth of the uterine fibroid treatment devices market is driven by several factors, including the increasing prevalence of uterine fibroids, the growing awareness about the availability of minimally invasive treatment options, and the increasing adoption of advanced technology in the treatment of uterine fibroids. The rising number of women who are suffering from uterine fibroids and the increasing need for effective treatment options is driving the growth of the market.

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Furthermore, the increasing awareness about the availability of minimally invasive treatment options, such as uterine fibroid embolization and laparoscopic surgery, is also driving the growth of the market. The increasing adoption of advanced technology in the treatment of uterine fibroids, such as robotic surgery, is also driving the growth of the market. The increasing number of research and development activities in the field of uterine fibroid treatment devices is also expected to drive the growth of the market in the coming years.

Uterine Fibroid Treatment Devices Industry Definition and Major Segments

Uterine fibroid treatment devices are devices used to treat fibroids, which are non-cancerous growths that develop in the uterus. These devices can include both surgical and non-surgical options. Some examples of surgical options include hysteroscopic myomectomy, which removes fibroids through the cervix using a hysteroscope, and laparoscopic myomectomy, which removes fibroids through small incisions in the abdomen. Non-surgical options include uterine artery embolization, which blocks blood flow to the fibroids, and focused ultrasound, which uses high-frequency sound waves to destroy the fibroids.

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Market Breakup by Mode of Treatment

• Invasive System
• Non-Invasive System
• Minimally Invasive System

Market Breakup by Techniques

• Surgical Techniques
 Hysterectomy
 Myomectomy
• Laparoscopic Techniques
 Laparoscopic
 Myolosis
• Ablation Techniques
 Microwave Ablation
 Cryoablation
 Ultrasound Ablation
• Embolization Techniques
• Others

Market Breakup by End-User

• Hospitals
• Dialysis Centres
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Uterine Fibroid Treatment Devices Market Trends

The uterine fibroid treatment devices market has seen significant developments in recent years, with the introduction of new technologies and devices aimed at improving patient outcomes and reducing the need for invasive surgical procedures. One major development has been the rise of minimally invasive treatments, such as uterine fibroid embolization (UFE), which uses a catheter to block the blood flow to fibroids and shrink them over time. This procedure is less invasive than traditional surgery and has a shorter recovery time, making it a more attractive option for many women.

Another development in the market has been the introduction of magnetic resonance-guided focused ultrasound (MRgFUS) for the treatment of fibroids. This technology uses high-intensity ultrasound waves to target and destroy fibroids, while leaving surrounding tissue intact. This technology is considered to be a safe and effective treatment option for women who are not candidates for surgery or UFE.

In addition to these treatments, new devices have also been developed to help with the management of fibroids. For example, there are new devices that are designed to help with the removal of fibroids during surgery, such as morcellators, which are used to shred and remove large fibroids. There are also new devices that are designed to help with the delivery of medications to the fibroids, such as the NovaSure system, which uses radiofrequency energy to shrink fibroids.

Key Market Players

The major players in the uterine fibroid treatment devices market report are

  • Medtronic
  • Boston Scientific Corporation
  • Cooper Surgical Inc.
  • Stryker Corporation
  • Minerva Surgical, Inc.
  • AbbVie, Inc.
  • Ethicon, Inc.
  • Lumenis Ltd
  • Smith & Nephew PLC
  • Merit Medical Systems, Inc.
  • Hologic, Inc.
  • ConMed Corporation
  • Gynesonics, Inc.

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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