iData Research, a global consulting and market research firm, has released exclusive research on the global mechanical uterine tissue removal device market, addressing key insights and the consequences of COVID-19 in 2020, 2021, and beyond. Overall, the mechanical uterine tissue removal device market was impacted by COVID-19, thus declining in 2020. However, growth is expected from 2021 to 2027 where iData’s analysts predict that the CAGR will increase substantially before leveling off to expected levels.
According to iData’s Global Report for Mechanical Uterine Tissue Removal Devices, the global market covering 70 countries and 7 regions, was estimated at just over $287 million in 2020. This market experienced a substantial decrease in 2020, which encouraged a 43% decrease from the 2019 valuation. However, the market has started to increase moving into 2021 and is expected to reach just over $1.1 billion by 2027. This report includes unit sales, average selling prices, market drivers and limiters, competitive market share analysis, and more.
iData’s analysis includes the mechanical uterine tissue removal device market, which refers to a fully integrated system for the mechanical removal of uterine tissue. Often these include a handpiece, a control unit, and a footswitch. The safety of these procedures relative to alternatives, such as gynecological resection, will stimulate the unit sales growth, which will further contribute to the increasing value of the market. The total mechanical uterine tissue removal device market will continue to grow over the forecast period.
“The market is expected to grow extensively into 2027 due to the safety of the procedure”, says Dr. Kamran Zamanian, Senior Partner and CEO of iData Research, “Women may still have children after treatment, which may not necessarily be the case with regards to alternative procedures.”
Among the many competitors within these markets, Hologic, Medtronic, and Karl Storz are the leaders followed by Boston Scientific. Hologic was the clear leader of the market for mechanical uterine tissue removal devices in 2020, as represented by its large share of the market. There are a multitude of other competitors analyzed within this report which have one or more products offered in this space.
To accurately estimate market shares, units sold, average selling prices, product segments, and brands, iData Research uses its proprietary market and procedure databases, as well as hospital purchase order data to complement its primary and secondary research initiatives.
Follow the link below to download a Free Research Summary of the Global Market Report for Mechanical Uterine Tissue Removal (MUTR) Devices. The global MUTR report which is represented within a series of global reports on the website may be purchased separately starting at $4,995 for a single license:
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