Endometrial Ablation Devices Market 2018-2024| The Next Big Thing in Medical Device Industry Endometrial Ablation Devices Market, by Technology and End User: Global Opportunity Analysis and Industry Forecast, 20182024," the market was valued at $882 million in 2017, and is expected to reach $1,299 million by 2024, growing at a CAGR of 5.6% from 2018 to 2024. 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. 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 2017, 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. According to end user, the market is categorized as ambulatory surgery center, clinic, and hospital. At present, the clinic segment generates the highest revenue due to advancements in endometrial ablation techniques that do not require large space and hence can be used in the clinics. The ambulatory surgery center segment is projected to exhibit fastest market growth during the forecast period, due to the rise in number of centers, cost-effective services, and a convenient environment.
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Based on technology type, the endometrial ablation devices market is segmented into radiofrequency ablation, cryoablation, hydrothermal ablation, thermal balloon, hysteroscopic ablation, and others. At present, the radiofrequency ablation segment contributes for the highest market share among all technologies, and is anticipated to continue to remain dominant during the forecast period. There is an increase in the adoption of radiofrequency ablation technology in the market, due to its convenience, speed of treatment, and effectivity. On the other side, thermal balloon technology is anticipated to show fastest growth during the forecast period primarily due to its ease of use and convenience.
Key Benefits • • • •
The study provides an in-depth analysis of the market along with the current trends and future estimations to elucidate the imminent investment pockets. It offers a quantitative analysis from 2017 to 2024, which is expected to enable the stakeholders to capitalize on prevailing market opportunities. Comprehensive analysis of all geographical regions is provided to determine the prevailing opportunities. The profiles and growth strategies of key players are thoroughly analyzed to understand the competitive outlook of the global market.
Endometrial Ablation Devices Market Key Segments: By Technology Type • • • • • •
Radiofrequency Ablation Cryoablation Hydrothermal Ablation Thermal Balloon Hysteroscopic Ablation Others
By End User • • •
Ambulatory Surgery Center Clinic Hospital
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North America o U.S. o Canada o Mexico Europe o Germany o France o UK o Italy o Spain o Rest of Europe Asia-Pacific o Japan o China o Australia o India o South Korea o Rest of Asia-Pacific LAMEA o Brazil o Saudi Arabia o South Africa o Rest of LAMEA
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