Product ID: UCMIG35B2161
Report ID:
UCMIG35B2161 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global myomectomy market, with a value of USD 555.1 million in 2019, is projected to exhibit a steady growth rate of 9.1% in the forecast period from 2020 to 2027. Myomectomy, a surgical procedure to remove uterine fibroids, has gained significance due to the rising prevalence of fibroids among women worldwide. Factors such as increased awareness about available treatment options, advancements in surgical techniques, and a growing preference for minimally invasive procedures are expected to contribute to the market's expansion. Additionally, the rise in healthcare expenditure and the introduction of technologically advanced devices are likely to further drive the market growth in the coming years.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Supplies by segment aggregation, the contribution of the Health Care Supplies in Health Care Equipment & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Product ID: UCMIG35B2161