Global Myomectomy Market, By Type (Abdominal Myomectomy, Hysteroscopic Myomectomy, Laparoscopic Myomectomy), By Product (Laparoscopic Power Morcellators, Harmonic Scalpel, Laparoscopic Sealer), By Geography (North America, Latin America, Europe, Asia Paci

Global Myomectomy Market, By Type (Abdominal Myomectomy, Hysteroscopic Myomectomy, Laparoscopic Myomectomy), By Product (Laparoscopic Power Morcellators, Harmonic Scalpel, Laparoscopic Sealer), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Global myomectomy market size is expected to reach US$ 1,600.9 Mn by 2031, from US$ 791.2 Mn in 2023, exhibiting a compound annual growth rate (CAGR) of 9.2% during the forecast period (2024-2031).

Figure 1. Global Myomectomy Market Share (%), By Region, 2023

A myomectomy is a surgical treatment that is used to remove noncancerous growths called uterine fibroids that grow in the uterus's muscular wall. Numerous symptoms, including pelvic pain, excessive monthly flow, and problems with fertility, can be brought on by these fibroids.

A myomectomy is a surgical procedure designed to specifically target and remove fibroids while preserving the integrity of the uterus. This is in contrast to a hysterectomy, where the entire uterus is removed. This makes myomectomy a reasonable alternative for women who prefer to keep their fertility or avoid the psychological and physiological impacts of a complete uterine removal. Depending on the quantity, location, and size of fibroids, the surgery can be carried out by using an abdominal, laparoscopic, or hysteroscopy method. For women with fibroid-related problems, a myomectomy can reduce symptoms and enhance the quality of their reproductive experience.

Market Dynamics:

The myomectomy market is influenced by various dynamic factors. Increasing prevalence of uterine fibroids among women globally propels the market growth. Technological advancements in surgical techniques, such as the evolution of minimally invasive procedures like laparoscopic and hysteroscopic myomectomy, contribute to the expanding market. Growing awareness about women's health and fertility issues also drives demand for myomectomy procedures. Changing demographics, delayed pregnancies, and lifestyle factors impacting women's health contribute to the market's dynamics. Rise in healthcare expenditure, particularly in developed regions, supports the adoption of myomectomy procedures.

Key features of the study:

• This report provides in-depth analysis of the global myomectomy market, and provides market size (US$ Mn) and compound annual growth rate (CAGR %) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global myomectomy market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Medtronic, Stryker Corporation, CONMED Corporation, CooperSurgical Inc., Ethicon, Inc., Hologic, Inc., Minerva Surgical, Inc., INSIGHTEC, Karl Storz GmbH, Intuitive Surgical, and B. Braun Melsungen AG.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global myomectomy market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global myomectomy market.

Detailed Segmentation:

• Global Myomectomy Market, By Type
• Abdominal Myomectomy
• Hysteroscopic Myomectomy
• Laparoscopic Myomectomy
• Global Myomectomy Market, By Product
• Laparoscopic Power Morcellators
• Harmonic Scalpel
• Laparoscopic Sealer
• Global Myomectomy Market, By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East
• Africa
• Global Myomectomy Market, Key Players
• Medtronic
• Stryker Corporation
• CONMED Corporation
• CooperSurgical Inc.
• Ethicon, Inc.
• Hologic, Inc.
• Minerva Surgical, Inc.
• INSIGHTEC
• Karl Storz GmbH
• Intuitive Surgical
• Braun Melsungen AG