According to a new report published by Allied Market Research, titled, Endometrial Ablation Devices Market, by Technology and End User: Global Opportunity Analysis and Industry Forecast, 2018-2024,” 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”. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.
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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Comprehensive competitive analysis and profiles of major market players such as, 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.
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.
COVID-19 Impact on the Market:
Endometrial Ablation Devices Market research report provides an overview of the industry based on key parameters such as market size, sales, sales analysis and key drivers. The market size of the market is expected to grow on a large scale during the forecast period. This report covers the impact of the latest COVID-19 on the market. The coronavirus pandemic (COVID-19) has affected all aspects of life around the world. This has changed some of the market situation. The main purpose of the research report is to provide users with a broad view of the market. Initial and future assessments of rapidly.
The Endometrial Ablation Devices Market is analysed based on regions and competitive landscape in each region is mentioned. Regions discussed in the study include North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). These insights help to devise strategies and create new opportunities to achieve exceptional results.
Key Findings of the Endometrial Ablation Devices Market:
- Based on technology, the thermal balloon segment is expected to show the fastest market growth, at a CAGR of 6.8% from 2018 to 2024.
- Based on technology, the radiofrequency ablation segment held more than one-third share in 2017 and is expected to remain dominant throughout the forecast period.
- Based on end user, the ambulatory surgery segment exhibited fastest growth at a CAGR of 6.2% from 2018 to 2024.
- Asia-Pacific is expected to experience growth at the highest rate, registering a CAGR of 6.8% during the forecast period.
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“We have also published few syndicated market studies in the similar area that might be of your interest. Below are the report title for your reference, considering Impact of Covid-19 Over This Market which will help you to assess aftereffects of pandemic on short-term and long-term growth trends of this market.”
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