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PORTLAND, DC, UNITED STATES, October 28, 2024 /EINPresswire / -- Increase in awareness of endometrial ablation techniques played a major role in the growth of the endometrial ablation devices market . Furthermore, rise in prevalence of menstrual disorders and increase in demand for minimally invasive procedures are expected to boost the demand for these devices in the coming years.
Endometrial ablation devices are used to remove the endometrium, which is the lining of the uterus. This procedure used for treatment of menorrhagia when it is not controlled with the help of medications. Increase in prevalence of menstrual disorders and rise in awareness about endometrial ablation devices majorly drive the growth of the endometrial ablation devices market. In addition, endometrial ablation offers some advantages, such as speed of treatment, efficiency, and minimal invasive procedure. These fuel the market growth globally.
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Endometrial Ablation Devices Market Segmentation
The global endometrial ablation devices market is segmented based on technology type, end user, and region. Based on technology, the market is divided into radiofrequency ablation, cryoablation, hydrothermal ablation, thermal balloon, hysteroscopic ablation, and others. Based on end user, market is classified into ambulatory surgery center, clinic, and hospital. Based on region, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, Australia, India, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).
Based on technology type, the market is segmented into radiofrequency ablation, cryoablation, hydrothermal ablation, thermal balloon, hysteroscopic ablation, and others. At present, the radiofrequency ablation segment generates the major share of revenue due to speed of procedure and efficiency. On the other side, thermal balloon technology segment is anticipated to show the fastest growth during the forecast period primarily owning to its safety and procedure convenience.
Based on end user, the clinic segment occupied the largest share in 2022, and is anticipated to continue its dominance during the forecast period, due to availability of portable and easy to use endometrial ablation devices. However, the ambulatory surgery center segment is anticipated to exhibit the fastest market growth during the forecast period owing to a convenient environment as well as rise in number of ambulatory surgery centers.
Endometrial ablation devices are used to remove the endometrium, which is the lining of the uterus. This procedure used for treatment of menorrhagia when it is not controlled with the help of medications. Increase in prevalence of menstrual disorders and rise in awareness about endometrial ablation devices majorly drive the growth of the endometrial ablation devices market. In addition, endometrial ablation offers some advantages, such as speed of treatment, efficiency, and minimal invasive procedure. These fuel the market growth globally.
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North America accounted approximately half in 2022 and is expected to remain dominant throughout the forecast period due to increase in awareness about endometrial ablation technology and rise in prevalence menorrhagia in the region, well-developed healthcare infrastructure, and strong presence of key players. On the other hand, Asia-Pacific is expected to experience the highest growth rate during the forecast period majorly due to surge in health care expenditure, rise in health awareness and increase in demand for minimally invasive procedures.
The key players profiled in this report include AEGEA Medical, Inc., Boston Scientific Corporation, CooperSurgical Inc., Hologic, Inc., Idoman Teoranta, Minerva Surgical, Inc., Olympus Corporation, Omnitech Systems, Inc., Smith & Nephew plc. (Medtronic plc.), and Veldana Medical SA.
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MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.