Global Uterine Fibroid Embolization Devices Market 2016 – 2024: Industry Size, Share, Growth, Trends and Forecast



"The Latest Research Report Uterine Fibroid Embolization Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

Global Uterine Fibroid Embolization Devices Market: Description

Uterine fibroid embolization (UFE) is a minimally invasive treatment used to treat fibroid tumors in the uterus. The uterine fibroid embolization procedure is also sometimes referred as a uterine artery embolization (UAE). UFE is also been used to treat other complications such as placenta accreta, placenta previa and arteriovenous malformations of the pelvis. Uterine fibroids are the most common benign tumor growths in the walls of the uterus (intramural fibroids), within the uterine cavity (sub mucosal fibroids) or on the serosal surface of uterus (subserosal fibroids). These fibroid tumors are also known as myomas and it is very rare for them to turn into cancerous tumors. The symptoms associated with these utreal fibroid tumors include heavy menstrual bleeding, pain in the back of legs, anemia, constipations, pain in the pelvic region, pressure on the bowel or bladder and other debilitating symptoms. Usually, uterine fibroids affect around 20% to 40% of women who are aged over 35 years.

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The most common treatment options that are commercially available in the market for uterine fibroids include myomectomy (surgical removal of the fibroids) and hysterectomy (removal of entire uterus). The other treatment options that have shown moderate efficacy with some unwanted side effects in treating uterine fibroids include hormone therapy, myolysis (use of thermal energy to kill fibroid tissue), endometrial ablation and ultrasound therapy. In a typical UFE procedure, healthcare professionals use an x-ray camera known as fluoroscope to deliver the small particles to the uterus and fibroids. These small particles are injected through a flexible and thin tube called a catheter. Further, these block the arteries that provide blood flow, causing the fibroids to shrink. Approximately 90 percent of women with fibroids are experiencing relief of their symptoms with UFE procedure.

Global Uterine Fibroid Embolization Devices Market: Drivers and Restraints

The market for uterine fibroid embolization devices is expected to show a huge growth potential in near future. The contributing factors behind such an assessment include increasing number of patients seeking UFE treatment, growing demand for the minimally invasive surgical treatment options, rise in base of geriatric population and growing healthcare awareness among the patients. Additionally, high treatment efficacy of UFE procedure compared to other treatment options, with a low risk of complications are likely to boost the growth of this market in future.

Global Uterine Fibroid Embolization Devices Market: Geographical Dynamics

Geographically, the North America region accounts for the largest share in the UFE devices market. North America is followed by Europe. The dominance of North America is attributable to a rapidly aging population that can afford to spend on expensive treatments.

Moreover, the presence of leading market players has proven favorable to North America gaining a leading position in the market. Additionally, growing healthcare awareness among the population and rising number of uterine fibroid patients further driving the growth of this market.

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However, the Asia-Pacific region is projected to report the fastest growth rate in this market the near future due to the high population in countries such as India and China. Greater awareness among patients will also create new growth opportunities. Additionally, a healthy medical tourism sector in countries such as India, Thailand, and Singapore and an overall rise in healthcare spending will back the growth of the Asian region. However, growth of this market might be hamstrung because of a lack proper reimbursement plans in developed countries.

Major players operating in this market include Boston Scientific Corporation, Merit Medical Systems, BioSphere Medical Inc., Hologic and Johnson & Johnson. Cook Medical, Ferring Pharmaceuticals, Conception Technologies, Smiths Medical and Smith & Nephew.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

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The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
Middle East and Africa (GCC, Southern Africa, North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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