U.S. Uterine Fibroid Market Reaches To USD 39,993.2 Million Registering A CAGR of ~3.24% by 2022; Asserts MRFR

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The intense need for in-depth understanding of the “U.S. Uterine Fibroid Market -Forecast to 2022″ coupled with its high growth potential necessitated the development of this report by Market Research Future. The report specifically focuses on the key industry development trends and forces that shapes the market, but not limited to only commercial nature, but which encompasses a broad range such as social, technological and others.

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Regional Analysis:
The U.S. market for uterine fibroids is growing steadily. The market for uterine fibroids is growing with the CAGR of 3.24% during the forecast period from 2016-2022. Treatment with both drug and surgery accounted for the largest market share by treatment while treatment with only surgery is the second largest market for uterine fibroid, by treatment. Treatment with only pharmacotherapy is the fastest growing market, which is expected to grow at a CAGR of 18.96% during the forecast period of 2016-2022. The reason for this high growth is the positive clinical trial results of some drugs which will shoot the uterine fibroid market for pharmacotherapy.

The report for U.S. Uterine Fibroid Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.

Key Players:
The major participants of this market are AstraZeneca (England), Cook Medical Inc. (US), Boston Scientific Corporation (US), GE Healthcare (U.K.), AbbVie Inc. (U.S.), Hologic (U.S.) and others.

U.S. Uterine Fibroid Market:
In the coming years, it is expected that the U.S. Uterine fibroid Market will advance with higher growth rate as compared to previous years.  The large number of women affected by the problem and the large number of hysterectomy procedure are done to treat the symptoms are the major factors driving the market for uterine fibroid market.

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Market Highlights:
Uterine Fibroids are the abnormal growth that gets developed inside or on the wall of a woman’s uterus. These are also known as leiomyoma or myomas. These are noncancerous growths that cause symptoms such as heavy bleeding between or during the menstrual cycle, pain in pelvis or lower back, increased menstrual cramping, swelling enlargement of the abdomen. 
Uterine fibroids is spreading over U.S. at a steady pace due to its high prevalence in African- American race. The exact cause of uterine fibroids is unknown, however heredity of uterine fibroids, high blood pressure and low levels of vitamin D are some of the major causing factors of uterine fibroids. Based on the market scenario, it has been observed that procedures like hysterectomy and myomectomy are majorly covering the Uterine Fibroid treatment market despite of their side effects, which as a result is showcasing the limited treatment options for UF. 

The U.S. Market for Uterine Fibroids is expected to reach USD 39,993.2 million by 2022

The U.S. uterine fibroid market has been evaluated as a growing market and it is expected that the market will touch high growth figures. The increasing prevalence of uterine fibroids and growing number of hysterectomy surgeries every year in this region are some of the factors driving the market for this disease. There are several other treatment options available now a days in U.S. that are driving the overall uterine fibroids market such as self-help techniques, pharmacotherapy, uterine artery embolization and invasive surgical procedures (myomectomy & hysterectomy). The U.S. Uterine Fibroids market is expected to reach USD 39,993.2 million in 2022.

Key Finding

  • The U.S. Uterine Fibroid market and is expected to reach USD 39,993.2 million by 2022.
  • By Type, Intramural Fibroids holds the largest market share of U.S. uterine fibroid market and is expected to reach USD 14,972.5 million by 2022.
  • By Treatment, hysterectomy holds the largest market share of U.S. uterine fibroid market and is expected to reach USD 8,042.3 million by 2022.

Segmentation:
U.S. Uterine Fibroid Market has been segmented on the basis of type which comprises of Subserosal Fibroids, Intramural Fibroids, Submucosal Fibroids and others. On the basis of diagnosis the market is segmented into Medical Resonance Imaging (MRI) scanners, Computed tomography (CT), Ultrasounds and others. On the basis of treatment the market is segmented into Uterine Fibroid Embolization, Magnetic Resonance Guided Focused Ultrasound, Myolysis, Endometrial Ablation, Hysterectomy and Myomectomy.

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