sales@intentmarketresearch.com

  +1 463-583-2713

Uterine Fibroid Treatment Devices Market by Device Type (Uterine Fibroid Embolization (UFE) Devices, MRI-Guided Focused Ultrasound (MRgFUS) Devices, Laparoscopic Instruments, Hysteroscopic Instruments, Radiofrequency Ablation (RFA) Devices), By Procedure (Minimally Invasive Surgery, Surgical Procedures, Non-Invasive Procedures), By End-User (Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Home Care), and By Region; Global Insights & Forecast (2024 – 2030)

Published: December, 2024  
|   Report ID: LI5046  
|   Life Sciences & Healthcare

As per Intent Market Research, the Uterine Fibroid Treatment Devices Market was valued at USD 4.2 billion in 2023 and will surpass USD 6.6 billion by 2030; growing at a CAGR of 6.6% during 2024 - 2030.

The uterine fibroid treatment devices market is gaining significant traction as the prevalence of uterine fibroids continues to rise globally. These non-cancerous growths in the uterus affect a considerable number of women, often leading to symptoms such as heavy menstrual bleeding, pelvic pain, and infertility. The market encompasses a range of treatment devices designed to either surgically or non-surgically reduce or remove these fibroids. Advances in technology have led to the development of minimally invasive treatment options, which are becoming increasingly popular due to their shorter recovery times and improved patient outcomes. As women’s health continues to be a priority for healthcare systems worldwide, the uterine fibroid treatment devices market is poised for steady growth.

Uterine Fibroid Embolization (UFE) Devices is the Largest segment Owing to Growing Demand for Minimally Invasive Solutions

Uterine fibroid embolization (UFE) devices represent the largest segment in the uterine fibroid treatment devices market. UFE is a minimally invasive procedure that involves blocking blood flow to fibroids, causing them to shrink and alleviating symptoms. The increasing demand for minimally invasive treatments, which offer reduced risks, shorter hospital stays, and quicker recovery times, has driven the widespread adoption of UFE. Additionally, as patients seek alternatives to traditional surgery, UFE is gaining favor due to its non-surgical nature, making it a preferred option for many women.

UFE devices are predominantly used in hospitals and specialized clinics where patients undergo the procedure in an outpatient setting. The efficacy and safety of UFE in treating fibroids have been well-established, with clinical trials and real-world data supporting its benefits. Furthermore, the rising awareness among patients about UFE as a viable option for fibroid treatment has bolstered the market’s growth. As healthcare systems increasingly emphasize patient-centered care, UFE devices are expected to remain a dominant force in the uterine fibroid treatment landscape.

Uterine Fibroid Treatment Devices Market Size 2030

MRI-Guided Focused Ultrasound (MRgFUS) Devices are Fastest Growing Due to Technological Advancements

MRI-guided focused ultrasound (MRgFUS) devices are the fastest-growing subsegment within the uterine fibroid treatment devices market. This non-invasive treatment uses high-intensity ultrasound waves, guided by MRI, to target and destroy fibroid tissue without incisions. The growing demand for non-invasive procedures that minimize patient discomfort, hospital stays, and recovery times has contributed to the surge in popularity of MRgFUS. Additionally, advancements in MRgFUS technology, such as enhanced precision and better treatment outcomes, have further fueled its adoption. As healthcare providers strive to offer cutting-edge, minimally invasive treatments, MRgFUS is quickly becoming an attractive option for women with uterine fibroids.

The benefits of MRgFUS, including the absence of general anesthesia and a shorter recovery period, have made it a compelling alternative for patients seeking non-surgical treatment. As more studies validate its effectiveness, and as insurance coverage for MRgFUS improves, its penetration is expected to grow, especially in regions with advanced healthcare infrastructure. This growth is particularly notable in developed markets, where access to innovative medical technologies is more widespread.

Minimally Invasive Surgery is Leading Procedure for Uterine Fibroid Treatment

Minimally invasive surgery is the leading procedure in the uterine fibroid treatment devices market due to its substantial advantages over traditional open surgery. Procedures such as UFE, laparoscopic fibroid removal, and MRgFUS all fall under this category, offering patients significant benefits including smaller incisions, reduced scarring, and shorter recovery times. The growing preference for minimally invasive options reflects the broader trend in healthcare toward treatments that prioritize patient comfort and minimize downtime. These procedures also reduce the risk of complications, which is a crucial factor in their growing adoption.

Minimally invasive procedures also align with the increasing shift towards outpatient care, where patients can return home the same day. This trend is being supported by advancements in medical technologies and an increasing number of trained specialists. As more women seek alternatives to traditional surgery due to the less invasive nature of these treatments, the demand for minimally invasive options is expected to continue growing.

Hospitals are Largest End-User for Uterine Fibroid Treatment Devices

Hospitals represent the largest end-user segment for uterine fibroid treatment devices, largely due to their capacity to provide comprehensive care for women undergoing fibroid treatments. Hospitals are equipped with the advanced imaging technologies, surgical suites, and specialized personnel needed for procedures like UFE, MRI-guided ultrasound, and laparoscopic fibroid removal. The extensive infrastructure and access to multidisciplinary teams enable hospitals to offer a wide range of treatment options for fibroids, making them the go-to choice for many patients.

Additionally, hospitals are at the forefront of research and development in uterine fibroid treatments, as they are often involved in clinical trials for new devices and procedures. As patient demand for advanced, effective, and safe treatments continues to rise, hospitals will remain the largest segment in the uterine fibroid treatment devices market. Their ability to integrate emerging technologies and offer a variety of treatment options solidifies their position as the primary treatment centers for fibroid management.

North America is Largest Region in Uterine Fibroid Treatment Devices Market

North America holds the largest share of the uterine fibroid treatment devices market, driven by high healthcare spending, advanced medical infrastructure, and increasing awareness of women’s health issues. The region, particularly the United States, is home to a significant number of healthcare providers specializing in fibroid treatments. Hospitals and specialized clinics in North America are equipped with the latest technology for performing minimally invasive procedures, including UFE and MRgFUS. The rising prevalence of uterine fibroids and the growing preference for non-surgical treatments in North America have contributed to the region’s dominant market share.

Moreover, the availability of insurance coverage for various fibroid treatment options, coupled with robust healthcare policies, has facilitated patient access to advanced treatments. As the demand for innovative, minimally invasive procedures grows, North America is expected to continue driving the global uterine fibroid treatment devices market.

Uterine Fibroid Treatment Devices Market Share by region 2030

Competitive Landscape and Leading Companies

The uterine fibroid treatment devices market is highly competitive, with several leading companies dominating the landscape. Key players include Medtronic, Hologic, Inc., Boston Scientific, EDAP TMS, and AngioDynamics. These companies are focusing on expanding their product portfolios through strategic acquisitions, technological advancements, and partnerships with healthcare providers. Additionally, they are investing in clinical research to develop next-generation devices that improve patient outcomes and streamline treatment processes.

The competitive landscape is characterized by continuous innovation, particularly in minimally invasive and non-invasive treatments for uterine fibroids. Companies are increasingly exploring partnerships with hospitals and specialized clinics to expand their market reach. With the growing preference for safer, more effective treatments, players in the market are likely to continue investing in advanced technologies to maintain a competitive edge.

List of Leading Companies:

  • Medtronic
  • Johnson & Johnson
  • Boston Scientific Corporation
  • ConMed Corporation
  • Hologic, Inc.
  • Cook Medical
  • AngioDynamics, Inc.
  • EDAP TMS
  • Merit Medical Systems, Inc.
  • GE Healthcare
  • Philips Healthcare
  • Siemens Healthineers
  • Theraclion
  • Biotronik
  • InSightec

Recent Developments:

  • Medtronic has expanded its portfolio in minimally invasive surgeries with the acquisition of Mazor Robotics, which enhances its capabilities in treating uterine fibroids through robotic-assisted procedures.
  • Hologic introduced an advanced MRI-guided focused ultrasound system aimed at improving patient outcomes in fibroid treatment with greater precision and less discomfort.
  • Johnson & Johnson has enhanced its women's health portfolio by adding new uterine fibroid treatment devices, improving its offering in the minimally invasive and non-surgical treatment segment.
  • EDAP TMS received FDA approval for its next-generation MRI-guided focused ultrasound system, which is expected to enhance fibroid treatment options and patient comfort.
  • Siemens Healthineers has entered a strategic collaboration with a leading medical center to develop innovative solutions for uterine fibroid treatment using advanced imaging technologies.

Report Scope:

Report Features

Description

Market Size (2023)

USD 4.2 Billion

Forecasted Value (2030)

USD 6.6 Billion

CAGR (2024 – 2030)

6.6%

Base Year for Estimation

2023

Historic Year

2022

Forecast Period

2024 – 2030

Report Coverage

Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments

Segments Covered

Uterine Fibroid Treatment Devices Market by Device Type (Uterine Fibroid Embolization (UFE) Devices, MRI-Guided Focused Ultrasound (MRgFUS) Devices, Laparoscopic Instruments, Hysteroscopic Instruments, Radiofrequency Ablation (RFA) Devices), By Procedure (Minimally Invasive Surgery, Surgical Procedures, Non-Invasive Procedures), By End-User (Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Home Care)

Regional Analysis

North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)

Major Companies

Medtronic, Johnson & Johnson, Boston Scientific Corporation, ConMed Corporation, Hologic, Inc., Cook Medical, AngioDynamics, Inc., EDAP TMS, Merit Medical Systems, Inc., GE Healthcare, Philips Healthcare, Siemens Healthineers, Theraclion, Biotronik, InSightec

Customization Scope

Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements

1. Introduction

   1.1. Market Definition

   1.2. Scope of the Study

   1.3. Research Assumptions

   1.4. Study Limitations

2. Research Methodology

   2.1. Research Approach

      2.1.1. Top-Down Method

      2.1.2. Bottom-Up Method

      2.1.3. Factor Impact Analysis

  2.2. Insights & Data Collection Process

      2.2.1. Secondary Research

      2.2.2. Primary Research

   2.3. Data Mining Process

      2.3.1. Data Analysis

      2.3.2. Data Validation and Revalidation

      2.3.3. Data Triangulation

3. Executive Summary

   3.1. Major Markets & Segments

   3.2. Highest Growing Regions and Respective Countries

   3.3. Impact of Growth Drivers & Inhibitors

   3.4. Regulatory Overview by Country

4. Uterine Fibroid Treatment Devices Market, by  Device Type (Market Size & Forecast: USD Million, 2022 – 2030)

   4.1. Uterine Fibroid Embolization (UFE) Devices

   4.2. MRI-Guided Focused Ultrasound (MRgFUS) Devices

   4.3. Laparoscopic Instruments

   4.4. Hysteroscopic Instruments

   4.5. Radiofrequency Ablation (RFA) Devices

5. Uterine Fibroid Treatment Devices Market, by Procedure (Market Size & Forecast: USD Million, 2022 – 2030)

   5.1. Minimally Invasive Surgery

   5.2. Surgical Procedures

   5.3. Non-Invasive Procedures

6. Uterine Fibroid Treatment Devices Market, by  End-User (Market Size & Forecast: USD Million, 2022 – 2030)

   6.1. Hospitals

   6.2. Ambulatory Surgical Centers

   6.3. Specialty Clinics

   6.4. Home Care

7. Regional Analysis (Market Size & Forecast: USD Million, 2022 – 2030)

   7.1. Regional Overview

   7.2. North America

      7.2.1. Regional Trends & Growth Drivers

      7.2.2. Barriers & Challenges

      7.2.3. Opportunities

      7.2.4. Factor Impact Analysis

      7.2.5. Technology Trends

      7.2.6. North America Uterine Fibroid Treatment Devices Market, by  Device Type

      7.2.7. North America Uterine Fibroid Treatment Devices Market, by Procedure

      7.2.8. North America Uterine Fibroid Treatment Devices Market, by  End-User

      7.2.9. By Country

         7.2.9.1. US

               7.2.9.1.1. US Uterine Fibroid Treatment Devices Market, by  Device Type

               7.2.9.1.2. US Uterine Fibroid Treatment Devices Market, by Procedure

               7.2.9.1.3. US Uterine Fibroid Treatment Devices Market, by  End-User

         7.2.9.2. Canada

         7.2.9.3. Mexico

    *Similar segmentation will be provided for each region and country

   7.3. Europe

   7.4. Asia-Pacific

   7.5. Latin America

   7.6. Middle East & Africa

8. Competitive Landscape

   8.1. Overview of the Key Players

   8.2. Competitive Ecosystem

      8.2.1. Level of Fragmentation

      8.2.2. Market Consolidation

      8.2.3. Product Innovation

   8.3. Company Share Analysis

   8.4. Company Benchmarking Matrix

      8.4.1. Strategic Overview

      8.4.2. Product Innovations

   8.5. Start-up Ecosystem

   8.6. Strategic Competitive Insights/ Customer Imperatives

   8.7. ESG Matrix/ Sustainability Matrix

   8.8. Manufacturing Network

      8.8.1. Locations

      8.8.2. Supply Chain and Logistics

      8.8.3. Product Flexibility/Customization

      8.8.4. Digital Transformation and Connectivity

      8.8.5. Environmental and Regulatory Compliance

   8.9. Technology Readiness Level Matrix

   8.10. Technology Maturity Curve

   8.11. Buying Criteria

9. Company Profiles

   9.1. Medtronic

      9.1.1. Company Overview

      9.1.2. Company Financials

      9.1.3. Product/Service Portfolio

      9.1.4. Recent Developments

      9.1.5. IMR Analysis

    *Similar information will be provided for other companies 

   9.2. Johnson & Johnson

   9.3. Boston Scientific Corporation

   9.4. ConMed Corporation

   9.5. Hologic, Inc.

   9.6. Cook Medical

   9.7. AngioDynamics, Inc.

   9.8. EDAP TMS

   9.9. Merit Medical Systems, Inc.

   9.10. GE Healthcare

   9.11. Philips Healthcare

   9.12. Siemens Healthineers

   9.13. Theraclion

   9.14. Biotronik

   9.15. InSightec

10. Appendix

Let us connect with you TOC

I have read the Terms & Conditions and Privacy Policy I agree to its terms

A comprehensive market research approach was employed to gather and analyze data on the Uterine Fibroid Treatment Devices Market. In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the Uterine Fibroid Treatment Devices Market. The research methodology encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.

Research Approach - Uterine Fibroid Treatment Devices Market

Secondary Research

Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.

Primary Research

Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the E-Waste Management ecosystem. The primary research objectives included:

  • Validating findings and assumptions derived from secondary research
  • Gathering qualitative and quantitative data on market trends, drivers, and challenges
  • Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
  • Assessing the supply-side landscape, including technological advancements and recent developments

Market Size Assessment

A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the Uterine Fibroid Treatment Devices Market. These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:

  1. Identification of key industry players and relevant revenues through extensive secondary research
  2. Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
  3. Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources

Bottom Up and Top Down - Uterine Fibroid Treatment Devices Market

Data Triangulation

To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.

Let us connect with you


I have read the Terms & Conditions and Privacy Policy I agree to its terms
Available Formats
REPORT BUYING OPTIONS


Buy Now