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Myomectomy Market Size

  • Report ID: GMI6678
  • Published Date: Sep 2023
  • Report Format: PDF

Myomectomy Market Size

Myomectomy Market size was valued at USD 681 million in 2022 and is estimated to account for USD 1.6 billion by 2032. Myomectomy is a surgical procedure aimed at removing noncancerous growths known as uterine fibroids from the muscular wall of the uterus. The primary objective of myomectomy is to surgically eliminate the fibroids while preserving the uterus, making it an option for women wishing to retain their fertility or avoid a hysterectomy.

 

Additionally, this procedure can be performed using various methods, including open surgery, laparoscopy, and robotic-assisted surgery. Furthermore, the market is driven by a growing prevalence of uterine fibroids, increasing adoption of advanced surgical technology, rising demand for minimally invasive procedures, and improved healthcare infrastructure, especially in developing countries. These factors collectively contribute to the market expansion.
 

The growing prevalence of uterine fibroids, noncancerous growths in the uterine muscle tissue, is a significant health concern among women, especially those of childbearing age. For instance, according to the Illinois Department of Public Health around 77% women of childbearing age may have uterine fibroids. Additionally, according to the Society for Women’s Health Research report, in the U.S. approximately 26 million women ages 15-50 have uterine fibroids. Therefore, as more women are diagnosed with uterine fibroids, there is an increasing demand for effective treatment options to address the associated symptoms. Furthermore, minimally invasive techniques such as laparoscopy and robotic-assisted surgery are gaining popularity in myomectomy. They involve smaller incisions, reduced blood loss, shorter hospital stays, and faster recovery times compared to open surgery. Thus, patients increasingly prefer myomectomy for less post-operative pain and smaller scars.

 

Authors: Mariam Faizullabhoy , Pratiksha Kamthe

Frequently Asked Questions (FAQ) :

The global myomectomy market was valued at USD 681 million in 2022 and is estimated to account for USD 1.6 billion by 2032.

The abdominal myomectomy segment held over 38% market share in the year 2022 and is anticipated to witness substantial growth through 2032 as myomectomy is the only permanent treatment for uterine fibroids, giving patients the chance to maintain fertility.

U.S. myomectomy market accounted for USD 265 million in 2022 and is predicted to witness substantial market growth over 2023-2032, due to the high prevalence of uterine fibroids.

Medtronic, Stryker Corporation, CONMED Corporation, INSIGHTEC, Cooper Surgical Inc., Hologic, Inc., Intuitive Surgical, Karl Storz, B. Braun Melsungen AG, and Minerva Surgical Inc, among others.

Myomectomy Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 10
  • Tables & Figures: 347
  • Countries covered: 30
  • Pages: 248
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