Increasing prevalence of menorrhagia, rising awareness about benefits of endometrial ablation devices, and rapid technological advancements are some key factors expected to drive global market growth.
Increasing prevalence of menorrhagia, rising awareness about benefits of endometrial ablation devices, and rapid technological advancements are some key factors expected to drive global market growth
According to Emergen Research, the global endometrial ablation devices market size was USD 1,049.9 million in 2020 and is expected to reach USD 1,596.9 million in 2028 and register a steady revenue CAGR of 5.3% during the forecast period, 2021-2028.
Market Dynamics:
Endometrial ablation is a minimally invasive procedure used for surgically ablating the endometrium to reduce or stop heavy menstrual flow. Endometrial ablation offers faster recovery, requires minimum time for complete procedure, quick recovery, and low pain as compared to conventional methods. Different types of endometrial ablation devices and techniques such as heated balloon, heated fluid, microwave ablation, radiofrequency are widely used depending on the condition of the infection. This surgery is rapidly gaining traction owing to rising prevalence of gynecological disorders such as cervical cancer, polycystic ovary syndrome, endometriosis, and fibroids. Factors such as changing menstrual cycles due to increasing stress and lifestyle changes, high adoption of radiofrequency and cryoablation, availability of advanced ablation devices at affordable prices, and rising investments in research and development activities are expected to drive global market revenue growth over the forecast period.
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In addition, improving healthcare infrastructure, rising healthcare spending, increasing number of hospitals and ambulatory care centers across the globe, and high focus on developing advanced devices are expected to fuel market growth going ahead. However, lack of well-trained professionals to operate advanced devices, rising concerns about design faults, technical errors, and high possibilities of side effects of these devices such as bleeding, pain, cold/heat damage, and infections are some key factors expected to hamper global market growth to a certain extent during the forecast period.
COVID-19 Impact Analysis
- Social distancing and restrictions severely disrupted businesses and operations
- Lockdowns caused disruptions in transportation and logistics
- Impacted manufacturing activities and mining operations globally
- Took a toll on economy of various countries
- Caused sudden and drastic downturn in economic activity
- Disrupted agriculture, fisheries, dairy, and other sectors
- Caused loss of employment and financial crisis
- Supply impacts were further compounded owing to reduced disposable income
- Emergence of variants continue to cause concerns and impact normal routines
Radiofrequency Ablation Segment to Account for Largest Revenue Share:
The radiofrequency ablation segment is expected to account for largest revenue share between 2021 and 2028. Factors such as increasing prevalence of gynecological resources, rising demand for minimally invasive techniques, and high demand for radiofrequency ablation due to its convenience, shorter surgery time, effectiveness, and speedy treatment and recovery are expected to drive revenue growth of the segment.
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Clinical Segment Register Rapid Revenue CAGR:
The clinical segment is expected to register rapid revenue CAGR during the forecast period. This can be attributed to factors such as increasing adoption of advanced endometrial ablation devices, high demand for minimally invasive surgical techniques, large patient pool, and improving state-of-the-art infrastructure.
North America To Lead In Terms of Revenue Share:
North America is expected to account for largest revenue share in the global market over the forecast period owing to factors such as rising cases of gynecological diseases and cervical cancer, presence of well-developed healthcare infrastructure, and rapid advancements in endometrial ablation devices. In addition, growing awareness about these systems and devices, rising demand for advanced devices, and increasing number of ambulatory surgical centers across the region are expected to drive North America market growth.
Major Companies in the Market Include:
- Boston Scientific Corporation
- Olympus Corporation
- Medtronic plc.
- Idoman Teoranta
- AEGEA Medical, Inc.
- CooperSurgical Inc.
- Richard Wolf GmbH
- Hologic, Inc.
- Johnson & Johnson
- Minerva Surgical, Inc.
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For the purpose of this report, Emergen Research has segmented the global endometrial ablation devices market on the basis of technology type, end use, and region:
Technology Type Outlook (Revenue, USD Million; 2018–2028)
- Cryoablation
- Radiofrequency Ablation
- Hysteroscopic Ablation
- Thermal Balloon
- Hydrothermal Ablation
- Others
End Use Outlook (Revenue, USD Million; 2018–2028)
- Ambulatory Surgery Center
- Hospital
- Clinic
Regional Outlook (Revenue, USD Million; 2018–2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- BENELUX
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- U.A.E.
- South Africa
- Turkey
- Rest of MEA
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