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According to a new report Global Laparoscopic Power Morcellators Market, published by KBV research, The Global Laparoscopic Power Morcellators Market size is expected to reach $176.2 Million by 2027, rising at a market growth of 8.4% CAGR during the forecast period.
Myomectomy procedure is one of the standard cares for the removal of fibroids. It is mainly because the uterus is not removed in this surgical procedure and thus, the patients remain fertile even after myomectomy surgeries, unlike a hysterectomy. There are many ways by which myomectomy is performed. The surgery of myomectomy depends on the location and size of the fibroids. These days, some surgeons are mostly performing single-port means one incision laparoscopic and robotic myomectomies and from this small incision, larger fibroids can be removed by breaking them into smaller pieces called morcellation. As the demand for non-invasive treatment is high among patients, it is expected to drive segment growth during the forecast period.
Based on region, North America emerged as the dominating market in laparoscopic power morcellators by obtaining the largest revenue share in 2020. The main factors contributing to the growth of the laparoscopic power morcellators market in this region include increasing gynecological surgical procedures and hospital visits by the patients as well as the presence of advanced healthcare facilities in this region.
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.