Women Health Devices Market Is Booming Across the Globe and Witness Huge Growth by Key Players to 2023-2029| Cardinal Health, Abbott Laboratories, Koninklijke Philips, CooperSurgical

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The size of the global market for Women Health Devices was USD 47.02 billion in 2022, and it is anticipated that it will increase from USD 51.01 billion in 2023 to USD 95.16 billion by 2029, at a CAGR of 9.5%.

The Global Women Health Devices Market Size, Scope, and Forecast 2023-2029 report has been added to the Market research collection of Market Intelligence Data Reports. Industry experts and researchers have offered an authoritative and concise analysis of the Women Health Devices Market with respect to various aspects such as growth factors, challenges, restraints, developments, and opportunities for growth. This report provides a pin-point analysis of changing dynamics and emerging trends in the Women Health Devices Market. Additionally, it provides a futuristic perspective on various factors that are likely to fuel the growth of the Worldwide Women Health Devices Market in the coming years.

A diverse group of businesses with a range of application areas have been inspired to engage in the R&D of new products by the positive developments in the field of women's health. This resulted in a significant number of product launches during the forecast period, ranging from therapeutic devices to diagnostic and monitoring devices. For instance, in nations that recognise the CE mark, F. Hoffmann-La Roche Ltd. introduced the cobas PIK3CA Mutation Test in December 2021 for patients with advanced or metastatic breast cancer. Such developments are anticipated to give the market the boost it needs to grow.

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Some of the key players profiled in the study are Cardinal Health, Abbott Laboratories, Koninklijke Philips, CooperSurgical, F. Hoffmann-La Roche, Caldera Medical, GE Healthcare, Carestream Health, Hologic, Siemens, MedGyn Products, Prestige Consumer Healthcare, Medline Industries and other Prominent players.

KEY INDUSTRY DEVELOPMENTS

December 2022: CooperSurgical, Inc. partnered with Ostro to launch a new consumer engagement solution for CooperSurgical's hormone-free IUD, Paragard. Paragard is an FDA-approved intrauterine device that prevents pregnancy up to 10 years.

Nov. 3, 2021: Abbott announced the launch of a new initiative designed to help create a more inclusive clinical trial ecosystem through new approaches to training, education, and improving the clinical research infrastructure within the U.S. This effort builds on Abbott's commitment of engaging populations who have historically been under-represented in medical research and will improve health by increasing access to innovative treatment options available within the trials process and increasing insights around how different groups respond to new therapies.

Competition is an important issue in any market research analysis. With the help of the competitive analysis provided in the report, players can easily study the key strategies employed by leading players in the Women Health Devices market. The major and emerging players of the Women Health Devices Market are closely studied considering their market share, production, sales, revenue growth, gross margin, product portfolio, and other important factors. This will help players familiarize themselves with the movements of their toughest competitors in the Women Health Devices market.

The segmental analysis section of the report includes a thorough research study on key type and application segments of the Women Health Devices market

Women Health Devices Market (By Types)

Devices

Consumables

Women Health Devices Market (By Application)

Cancer

Osteoporosis

Infectious disease

Uterine fibroids

Post-menopausal syndrome

Pregnancy

Female sterilization

Others

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Important years considered in the Women Health Devices study:

Historical year - 2017-2021;
Base year - 2023;
Forecast period** - 2023 to 2029 [** unless otherwise stated]

If opting for the Global version of Women Health Devices Market; then the below country analysis would be included:

- North America (The market size in North America stood at USD 21.43 billion in 2022, and the region is expected to account for the largest market during the forecast period. Strong healthcare expenditure for women's health and the comparatively stronger demand for technologically advanced devices which is set to contribute to the region's dominance. For instance, in October 2022, the government of Canada partnered with Gender Equality and Youth to the National Women's Health Research Initiative (NWHRI) with support of an investment of USD 20.0 million over five years provided in Budget 2021. Such trends are expected to drive the region's growth during the forecast period.)

- Europe (Europe accounted for the second-highest market revenue share in 2022, attributable to the strong women's healthcare expenditure in key European countries and a substantial female population in Europe. For instance, according to Breast Cancer Now, in 2021, an estimated 55,000 women are diagnosed with breast cancer annually in the U.K. The high prevalence of female cancers in key European countries is expected to drive growth in the region.)

- Asia-Pacific (The Asia Pacific region is estimated to witness the strongest CAGR during the forecast period of 2023-30. The improvement in healthcare infrastructure in Asian countries, the growing prevalence of women's diseases, and the increasing awareness about technologically advanced women's health devices are driving the market growth in the region. In January 2020, Japanese diagnostics company Sysmex announced that they had received Class III approval from China's National Medical Products Administration for its Lynoamp BC in vitro diagnostic reagent for breast cancer. Such prominent product approvals in the region, coupled with an increase in healthcare expenditure, are expected to contribute to the growth in the region strongly.)

- South America (Brazil, Argentina, Chile, Colombia, the Rest of the countries, etc.)

- the Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)

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Reasons to Procure this Report:

The research would help top administration/policymakers/professionals/product advancements/sales managers and stakeholders in this market in the following ways.

The report provides Women Health Devices market revenues at the worldwide, regional, and country levels with a complete analysis to 2029 permitting companies to analyze their market share and analyze projections, and find new markets to aim for.

The research includes the Women Health Devices market split by different types, applications, technologies, and end-uses. This segmentation helps leaders plan their products and finances based on the upcoming development rates of each segment.

Women Health Devices market analysis benefits investors by knowing the scope and position of the market giving them information on key drivers, challenges, restraints, and expansion chances of the market and moderate threats.

This report would help to understand competition better with a detailed analysis and key strategies of their competitors and plan their position in the business.

The study helps evaluate Women Health Devices business predictions by region, key countries, and top companies' information to channel their investments.

What is new in 2023?

- Major developments that can change the business landscape as well as market forecasts.

- Addition/refinement in segmentation-Increase in depth or width of segmentation of the market.

- Coverage of new market players and change in the market share of existing players of the Women Health Devices market.

- Updated financial information and product portfolios of players operating in the Women Health Devices market.

- Updated market developments of the profiled players.

- Any new data points/analysis (frameworks) which was not present in the previous version of the report

The new edition of the report consists of trends/disruptions on customer's business, tariff and regulatory landscape, pricing analysis, and a market ecosystem map to enable a better understanding of the market dynamics for Women Health Devices.

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