The North America Laparoscopic Power Morcellators Market would witness market growth of 7.8% CAGR during the forecast period (2021-2027).
There is an increasing prevalence of uterine fibroids in women across the globe. This can cause abnormal uterine bleeding, amenorrhea, dysmenorrhea which is painful and heavy menstrual periods, and increased pelvic and abdominal pressure. It is predicted that more than 50 to 75% of cases remain asymptomatic which means there are no symptoms of uterine fibroids and often remain undiagnosed. Therefore, it is projected that approximately 77% of women who are under childbearing age have uterine fibroids.
According to a report published in the NCBI study, there are around 30,000 myomectomies that are performed annually for leiomyomata (fibroids) in the USA due to the occurrences of uterine fibroids increases with the increasing age of women. It may occur in more than 30% of women who are between 40 to 60 years of age. Furthermore, the U.S. National Institutes of Health, estimated that more than 793,846 women were diagnosed with uterine cancer in 2017. In addition to it, the new cases of uterine cancer are continuously increasing. This is promoting the growth of uterine fibroid treatment procedures including the laparoscopic power morcellators market. Thus, the increasing prevalence of uterine fibroids is leading to the massive demand for myomectomy or hysterectomy procedures across the globe. Thus, it is expected to boost the growth of the laparoscopic power morcellators market over the forecast period.
The demand for laparoscopic power morcellators is high in North America. It is due to increasing awareness programs about fibroid treatment by numerous organizations that, in turn, increasing the demand for fibroid treatment devices across the world. For example, In the U.S., July is now recognized as “Fibroid Awareness Month”. These programs are creating awareness about an extremely prevalent gynecological condition by which 8 out of 10 women above the age of 50 years are affected.
The increasing gynecological surgical procedures along with well-established healthcare infrastructure are the major factors leading to the growth of the laparoscopic power morcellators market in this region. Furthermore, increasing government initiatives, availability of advanced medical equipment and services, as well as the presence of an aware patient population are anticipated to increase the regional demand for laparoscopic power morcellators during the forecast period.
The US market dominated the North America Myomectomy Market by Country in 2020, and would continue to be a dominant market till 2027; growing at a CAGR of 6.3 % during the forecast period. The Canada market is experiencing a CAGR of 9.4% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 8.5% during (2021 - 2027).
Based on Application, the market is segmented into Hysterectomy, Myomectomy and Other Applications. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Laparoscopic Power Morcellators Market is Estimated to Reach USD 176.2 Million by 2027 at a CAGR of 8.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Medtronic PLC, Karl Storz SE & Co. KG, Cook Medical, Inc. (Cook Group), Olympus Corporation, Johnson and Johnson, Lina Medical, Nouvag AG, Rudolf Medical GmbH, OWA- Electronic GmbH & Co. KG, and Richard Wolf GmbH.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Hysterectomy
- Myomectomy
- Other Applications
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Medtronic PLC
- Karl Storz SE & Co. KG
- Cook Medical, Inc. (Cook Group)
- Olympus Corporation
- Johnson and Johnson
- Lina Medical
- Nouvag AG
- Rudolf Medical GmbH
- OWA- Electronic GmbH & Co. KG
- Richard Wolf GmbH
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Laparoscopic Power Morcellators Market, by Application
1.4.2 North America Laparoscopic Power Morcellators Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Laparoscopic Power Morcellators Market by Application
3.1 North America Hysterectomy Market by Country
3.2 North America Myomectomy Market by Country
3.3 North America Other Applications Market by Country
Chapter 4. North America Laparoscopic Power Morcellators Market by Country
4.1 US Laparoscopic Power Morcellators Market
4.1.1 US Laparoscopic Power Morcellators Market by Application
4.2 Canada Laparoscopic Power Morcellators Market
4.2.1 Canada Laparoscopic Power Morcellators Market by Application
4.3 Mexico Laparoscopic Power Morcellators Market
4.3.1 Mexico Laparoscopic Power Morcellators Market by Application
4.4 Rest of North America Laparoscopic Power Morcellators Market
4.4.1 Rest of North America Laparoscopic Power Morcellators Market by Application
Chapter 5. Company Profiles
5.1 Medtronic PLC
5.1.1 Company overview
5.1.2 Financial Analysis
5.1.3 Segmental and Regional Analysis
5.1.4 Research & Development Expenses
5.2 Karl Storz SE & Co. KG
5.2.1 Company Overview
5.3 Cook Medical, Inc. (Cook Group)
5.3.1 Company Overview
5.4 Olympus Corporation
5.4.1 Company Overview
5.4.2 Financial Analysis
5.4.3 Segmental and Regional Analysis
5.4.4 Research & Development Expense
5.5 Johnson and Johnson
5.5.1 Company Overview
5.5.2 Financial Analysis
5.5.3 Segmental &Regional Analysis
5.5.4 Research & Development Expenses
5.6 Lina Medical
5.6.1 Company Overview
5.7 Nouvag AG
5.7.1 Company Overview
5.8 Rudolf Medical GmbH
5.8.1 Company Overview
5.9 OWA- Electronic GmbH & Co. KG
5.9.1 Company Overview
5.10. Richard Wolf GmbH
5.10.1 Company Overview
TABLE 1 North America Laparoscopic Power Morcellators Market, 2017 - 2020, USD Thousands
TABLE 2 North America Laparoscopic Power Morcellators Market, 2021 - 2027, USD Thousands
TABLE 3 North America Laparoscopic Power Morcellators Market by Application, 2017 - 2020, USD Thousands
TABLE 4 North America Laparoscopic Power Morcellators Market by Application, 2021 - 2027, USD Thousands
TABLE 5 North America Hysterectomy Market by Country, 2017 - 2020, USD Thousands
TABLE 6 North America Hysterectomy Market by Country, 2021 - 2027, USD Thousands
TABLE 7 North America Myomectomy Market by Country, 2017 - 2020, USD Thousands
TABLE 8 North America Myomectomy Market by Country, 2021 - 2027, USD Thousands
TABLE 9 North America Other Applications Market by Country, 2017 - 2020, USD Thousands
TABLE 10 North America Other Applications Market by Country, 2021 - 2027, USD Thousands
TABLE 11 North America Laparoscopic Power Morcellators Market by Country, 2017 - 2020, USD Thousands
TABLE 12 North America Laparoscopic Power Morcellators Market by Country, 2021 - 2027, USD Thousands
TABLE 13 US Laparoscopic Power Morcellators Market, 2017 - 2020, USD Thousands
TABLE 14 US Laparoscopic Power Morcellators Market, 2021 - 2027, USD Thousands
TABLE 15 US Laparoscopic Power Morcellators Market by Application, 2017 - 2020, USD Thousands
TABLE 16 US Laparoscopic Power Morcellators Market by Application, 2021 - 2027, USD Thousands
TABLE 17 Canada Laparoscopic Power Morcellators Market, 2017 - 2020, USD Thousands
TABLE 18 Canada Laparoscopic Power Morcellators Market, 2021 - 2027, USD Thousands
TABLE 19 Canada Laparoscopic Power Morcellators Market by Application, 2017 - 2020, USD Thousands
TABLE 20 Canada Laparoscopic Power Morcellators Market by Application, 2021 - 2027, USD Thousands
TABLE 21 Mexico Laparoscopic Power Morcellators Market, 2017 - 2020, USD Thousands
TABLE 22 Mexico Laparoscopic Power Morcellators Market, 2021 - 2027, USD Thousands
TABLE 23 Mexico Laparoscopic Power Morcellators Market by Application, 2017 - 2020, USD Thousands
TABLE 24 Mexico Laparoscopic Power Morcellators Market by Application, 2021 - 2027, USD Thousands
TABLE 25 Rest of North America Laparoscopic Power Morcellators Market, 2017 - 2020, USD Thousands
TABLE 26 Rest of North America Laparoscopic Power Morcellators Market, 2021 - 2027, USD Thousands
TABLE 27 Rest of North America Laparoscopic Power Morcellators Market by Application, 2017 - 2020, USD Thousands
TABLE 28 Rest of North America Laparoscopic Power Morcellators Market by Application, 2021 - 2027, USD Thousands
TABLE 29 Key Information – Medtronic PLC
TABLE 30 Key Information – Karl Storz SE & Co. KG
TABLE 31 key Information – Cook Medical, Inc.
TABLE 32 key Information – Olympus Corporation
TABLE 33 Key information –Johnson and Johnson
TABLE 34 Key Information – Lina Medical
TABLE 35 Key Information – Nouvag AG
TABLE 36 key information – Rudolf Medical GmbH
TABLE 37 key information – OWA-electronic GmbH & Co. KG
TABLE 38 Key Information – Richard Wolf GmbH
List of Figures
FIG 1 Methodology for the research