Global Uterine Fibroids Treatment Market Size (2024 - 2029)

Uterine Fibroids Treatment Market Analysis

The Global Uterine Fibroids Treatment Market size is estimated at USD 4.56 billion in 2024, and is expected to reach USD 6.92 billion by 2029, growing at a CAGR of 8.70% during the forecast period (2024-2029).

The market is likely to be driven by the high prevalence of uterine fibroids among women worldwide, increased patient preference for less invasive procedures, and the introduction of technologically sophisticated technologies. For instance, an article published by Contemporary OB/GYN in February 2022 mentioned that over 70% of women worldwide are estimated to develop uterine fibroids by age 50. Such an increasing risk of uterine fibroids is expected to drive the demand for effective treatment, contributing to market growth. Uterine fibroids are highly common in middle-aged women. If undiagnosed, the fibroids can lead to severe complications. For instance, according to the article published by Frontiers Journal in March 2022, uterine fibroids, or leiomyomata, affect most women above 30 and have a high incidence of 75% among women of reproductive age.

On the other hand, rising market players’ strategies, such as product approvals and launches, partnerships, and agreements to develop effective treatments, are expected to boost market growth. For instance, in August 2022, Gedeon Richter Australia Pty Ltd received approval from the Therapeutic Goods Administration for its Ryeqo, which is indicated for treating moderate to severe symptoms of uterine fibroids in adult women of reproductive age. Additionally, according to a report published by Washington University in February 2024, combined Duke University’s development of a collagen-degrading enzyme with North Carolina Central University’s creation of LiquoGel, an injectable hydrogel-copolymer, to locally deliver therapeutic drugs for softening and potentially liquefying uterine fibroid tissues. This innovative approach promises a minimally invasive, non-surgical alternative to traditional treatments, enhancing patient outcomes and reducing associated healthcare costs, thereby propelling the growth of the uterine fibroids treatment market.

Hence, the availability of advanced products, technological advancements, and initiatives by various market players contribute to the overall market growth. However, complications associated with morcellators are expected to hinder the market growth over the forecast period.

Uterine Fibroids Treatment Industry Segmentation

As per the scope of this report, uterine fibroids, also known as uterine myomas or leiomyomas, are non-cancerous tumors that develop in the muscular wall of the uterus. They can vary in size and number. Symptoms include heavy menstrual bleeding (HMB), anemia, abdominal pressure and pain, bloating, increased urinary frequency, and reproductive dysfunction.

The uterine fibroids treatment market is segmented by type, treatment, end user, and geography. The type segment is further segmented into subserosal fibroids, intramural fibroids, submucosal fibroids, pedunculated fibroids, and other types. Other types include cervical fibroids. The treatment segment is further divided into drugs and surgical techniques. The drugs sub-segment is further divided into progesterone, levonorgestrel, and other drugs. Other drugs include mefenamic acid and raloxifene. The surgical techniques are further divided into hysterectomy, myomectomy, myolysis, and other surgical techniques. Other surgical techniques include uterine artery embolization (UAE) and radiofrequency ablation (RFA). The end user segment is further bifurcated into hospitals, specialty clinics, and other end users. Other end-user segments include outpatient centers, home healthcare services, and telemedicine platforms. The geography segment is further segmented into North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. The market report also covers the estimated market sizes and trends for 17 countries across major global regions. The report offers the value (in USD) for the above segments.