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Women Healthcare Market Scenario
Market Research Future (MRFR) studied the Women Healthcare Market Size was valued at USD 7.6 billion in 2022 and is projected to grow from USD 7.91 Billion in 2023 to USD 10.06 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 4.10% during the forecast period (2023 - 2030).
COVID 19 impact analysis for the women healthcare market is provided with the report. The rise in socio-economic contribution of women across the globe is increasing. Thus, the need for their well-being is crucial. The surge in the women professionals and need for attention towards their health for their work efficacy can support the rise of the women healthcare market in the analysis period. Cases, unique to women, such as menopause and pregnancy among others, requires special care. Thus, the increase in demand for women health solution for different medical situations can add momentum to the market. The spreading awareness about women health solution to the rural corners of the world can also support the expansion of the women healthcare market trends.
Regional Analysis
The region-based assessment of the women healthcare market is done across key regions, Europe, North America, APAC, and MEA. In North America, the women healthcare market value can touch USD 21,782.6 Mn by 2023. It is due to their strong economy base and robust exercising of healthcare awareness campaigns undertaken by government to promote women healthcare that the region is expected to witness an exponential rise of the market. In APAC, the cost effectiveness of diagnosis and treatments of several women health issues can support the market expansion in the region. In addition, the awareness about women healthcare solutions is observed to reach the rural corners of the region, which, in turn, can support the expansion of APAC women healthcare market across the review period. In Middle East and African region, the women healthcare market can expand at 5.46% CAGR across 2017-2023. In EU, the women healthcare market can gain momentum as the robust medical technology base of the regions undergoes effective developments.
Market Segments
The segment assessment of the Women Healthcare Market is done by diagnosis, indications, end users, and treatment.
The indications-based segment of the women healthcare market is infertility, postmenopausal osteoporosis, gynaecologic cancer, polycystic ovary syndrome, reproductive health management and among others. The gynaecologic cancer sub-segments are ovarian, and breast among other types. The postmenopausal osteoporosis can thrive in the years ahead. The reproductive health management segment can rise exponentially.
The diagnosis-based segments of the women healthcare market are diagnostic imaging tests, bone densitometry, ovulation testing, and biopsies among others. The ovulation testing segment can generate considerable revenue for the women healthcare market. The bone densitometry segment can acquire the largest women healthcare market share.
The treatment-based segment of the women healthcare market are surgeries, and therapeutics among others. The therapeutic segment can win high profits for the market.
The end users-based segments of the women healthcare market are gynaecology centers, hospitals & clinics, and research institutes among others. High funding in research for effective women healthcare solutions can offer long-term benefit for the market. The introduction of technical innovations in the gynaecology department of different place can support the expansion of the market.
Market Players
The women healthcare market players are Pfizer Inc., (U.S.), Allergan plc. (Ireland), Bayer A G (Germany), Amgen (California), Becton Dickinson and Company (U.S.), Merck & Co., Inc., (U.S.), Eli Lilly Company (U.S.), and Teva Pharmaceuticals (Israel)
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