According to a recently published Future Market Insights study, the Endometrial Ablation Market Demand is expected to develop at a CAGR of 7.3% from 2023 to 2033, with revenues projected at US$ 3.4 billion in 2023. The market is predicted to reach US$ 6.8 billion by the end of 2033. In 2022, the combined revenue from the United States and China was US$ 1.4 billion.
With the advent of minimally invasive endometrial ablation treatments, the endometrium can be destroyed in a more expedient, outpatient setting. This operation is less dangerous and technically straightforward to carry out.
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The International Federation of Gynaecology and Obstetrics estimates that between 3% and 30% of reproductive-aged women are affected by ABillionormal Uterine Bleeding. Women’s treatment plans have become the key focus of the general health industry in the modern world. Governments and private organizations around the world have placed women’s health at the center of their wellbeing race.
In India, such as in many other locations, women are eligible for several tax benefits and exemptions under the provisions of several sections of the tax code. Women’s healthcare initiatives may promote the effectiveness of treatment alternatives, which will boost the market.
Market Growing Demand:
Endometrium can now be destroyed in a less invasive, outpatient context thanks to the development of minimally invasive endometrial ablation therapies. This operation is less risky and easier to carry out technically.
According to the International Federation of Gynaecology and Obstetrics, Abnormal Uterine Bleeding affects between 3% and 30% of reproductive-aged women. In the modern world, women’s treatment plans have become the primary focus of the general health business. Governments and private organisations all across the world have prioritised women’s health in their pursuit of happiness.
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A few of the recent developments in the market are:
- In February 2021, CooperSurgical, a division of CooperCompanies, acquired Aegea Medical, nearly a year after the company received FDA approval for its Mara water vapor ablation system for severe menstrual bleeding.
- In May 2019, Medtronic Plc announced a partnership with Koninklijke Philips N.V. This collaboration is projected to result in an integrated cryoablation solution that is cutting-edge in terms of image guidance.
- In April 2021, Olympus Corporation relocated its Therapeutic Solutions Division’s worldwide headquarters from Tokyo to the United States in order to gain better access to the medical industry and earn more revenue through expanded commercial prospects.
- In June 2021, Boston Scientific purchased the remaining shares of FARAPULSE. Boston Scientific’s electrophysiology sector was bolstered by the acquisition, which added pulsed-field ablation technology to the company’s offerings.
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Market Segments Covered in Endometrial Ablation Market Analysis
By Type:
- Devices
- Cryoablation
- Radiofrequency Ablation
- Hydrothermal Ablation
- Thermal Balloon
- Microwave Energy
- Procedures
By End User:
- Hospitals
- Clinics
- Ambulatory Surgery Centers
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