The global Myomectomy market is expected to develop Us$ 54.3 Bn by 2032, at a compound annual increase in price (CAGR) of 7.8% throughout the forecast period.
The global Myomectomy market was valued at USD 577.6 Million in 2020 and is projected to grow at a CAGR of 9.7% during the forecast period. Factors driving the growth of the Myomectomy market include increasing number of patients suffering from uterine fibroids and related disorders, rising acceptance of technologically innovative devices for safe and effective Myomectomy processes and mounting number of minimally invasive techniques.
A uterine fibroid is a common type of benign tumor that develops within the uterine wall. Uterine fibroids occur in up to one third of all women and are actually the leading reason for hysterectomy in the United States. Uterine fibroids occur in 20% to 40% of all women during reproductive years. Uterine fibroids may grow as a single tumor or clusters. They often increase in size and frequency with age, but may also revert in size after menopause. While not all women with fibroids experience symptoms, these may include excessive menstrual bleeding, pelvic pain and difficulty getting pregnant.
Regionally, North America accounted for the largest market share of the global Myomectomy market attributable to growing Myomectomy associated surgical events. Leading players of the global Myomectomy market include Medtronic, CONMED Corporation, Stryker Corporation, CooperSurgical Inc., Hologic, Inc., Ethicon, Inc., Minerva Surgical, Inc., Karl Storz GmbH, INSIGHTEC, Intuitive Surgical among others.
Myomectomy Market Scope
Metrics | Details |
Base Year | 2023 |
Historic Data | 2018-2022 |
Forecast Period | 2024-2032 |
Study Period | 2018-2032 |
Forecast Unit | Value (USD) |
Revenue forecast in 2032 | USD54.3 Billion |
Growth Rate | CAGR of 7.8 % during 2022-2032 |
Segment Covered | Product, Type, Regions |
Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
Key Players Profiled | Medtronic, CONMED Corporation, Stryker Corporation, CooperSurgical Inc., Hologic, Inc., Ethicon, Inc., Minerva Surgical, Inc., Karl Storz GmbH, INSIGHTEC, Intuitive Surgical among others |
Key segments of the global Myomectomy market
Type Overview, (USD Billion)
- Abdominal Myomectomy
- Hysteroscopic Myomectomy
- Laparoscopic Myomectomy
Product Overview, (USD Billion)
- Laparoscopic Power Morcellators
- Harmonic Scalpel
- Laparoscopic Sealer
- Others
Regional Overview, (USD Billion)
- North America
- U.S.
- Canada
- Europe
- Germany
- United Kingdom
- France
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- GCC
- South Africa
Reasons for the study
- Growing number of patients suffering from uterine fibroids
- Rise in minimally invasive procedures
What does the report include?
- The study on the global Myomectomy market includes qualitative factors such as drivers, restraints and opportunities
- The study covers qualitative and quantitative analysis of the market segmented on the basis of type and product. Moreover, the study provides similar information for the key geographies.
- Actual market sizes and forecasts have been provided for all the above-mentioned segments
- The study includes the profiles of key players in the market with a significant global and/or regional presence
Who should buy this report?
- The report on the global Myomectomy market is suitable for all the players across the value chain including product manufacturing companies, suppliers/distributors, R&D labs, CROs, healthcare organizations, medical reimbursement and insurance providers
- Venture capitalists and investors looking for more information on the future outlook of the global Myomectomy market
- Consultants, analysts, researchers, and academicians looking for insights shaping the global Myomectomy market
Frequently Asked Questions (FAQ) :
Recent ultrasound data suggested a cumulative incidence at least 70%, uterine myoma originating from the myometrium of the uterus is the most common benign tumor in women with prevalence rates ranging from 20% to 40% are noted in different literatures though the incidence as per the histological diagnosis is much more than the clinical diagnosis which approximately 60% of women above 45 years of age are harboring myoma. Myoma is mostly asymptomatic. Size and location are the main factors that determine if a myoma leads to symptoms and problems. Important symptoms include abnormal uterine bleeding, abdominal discomfort, bloating, painful defecation, backache, urinary frequency or retention and infertility. It is associated with impairment of Health-Related Quality of Life. The presence of submucous and intramural myoma decreases fertility and its removal is beneficial. Patients have multiple options in the management of uterine myomas including observation, medical therapy, uterine artery embolization, high intensity focused ultrasound ablation and as well as surgical methods like Myomectomy and hysterectomy. Surgical removal is necessary when the myoma is symptomatic and resistant to medical management or interferes with reproduction. Although uterine artery embolization is now an effective way for managing symptomatic uterine myomas but its effect on future conception remains unclear.
On the basis of type, the market is segmented into abdominal, laparoscopic and hysteroscopic Myomectomy. The abdominal Myomectomy segment led the market in 2020. More commonly Myomectomy operation is performed by abdominal incision where the layered closure of uterus can be achieved easily; laparoscopic Myomectomy requires additional equipment’s whereas results of robotic Myomectomy are yet to be proved better than laparoscopic method, but in hysterectomy, blood transfusions, scar dehiscence in future pregnancy and many others has not yet been evaluated. Among available treatment modalities of which mostly in symptomatic myomas where open Myomectomy is the most likely treatment option despite of introduction of nonsurgical and newer methods available worldwide, where hemorrhagic complication that controlled by different techniques though individuals having drawbacks but the bilateral uterine arteries ligation not only very effective to minimize blood loss but also safe and no adverse effects on fertility and pregnancy.
North America accounted for the largest share of the global Myomectomy market in 2020. Moreover, Asia is likely to show lucrative growth during the forecast period.
With fibroids as the indication for surgery, 197,000 hysterectomies were performed in the United States in 2010, compared with approximately 40,000 myomectomies. Moreover, the rates of both laparoscopic and abdominal Myomectomy have decreased following the controversial morcellation advisory issued by the US Food and Drug Administration. The differences in the hysterectomy and Myomectomy rates might be explained by the many myths ascribed to Myomectomy. Such myths include the beliefs that Myomectomy, when compared with hysterectomy, is associated with greater risk of visceral injury, more blood loss, poor uterine healing, and high risk of fibroid recurrence, and that Myomectomy is unlikely to improve patient symptoms.