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Women's Health Market Size Forecasted To Achieve $58.07 Billion By 2029 With Steady Growth
The Women's Health Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Women's Health Market Size and Projected Growth Rate?
There has been a consistent growth in the women's health market in the recent past. The market which is predicted to be worth $43.53 billion in 2024 is forecasted to increase to $45.5 billion in 2025, with a compound annual growth rate (CAGR) of 4.5%. This growth during the historical phase is a result of progress in reproductive medicine, implementation of awareness and education programs, empowerment and advocacy initiatives, advancements in prenatal and postnatal care, and the introduction of hormone replacement therapies.
The market size for women's health is projected to witness significant expansion in the following years, rising to a value of $58.07 billion in 2029, at a compound annual growth rate (CAGR) of 6.3%. This anticipated development during the forecast period can be related to precision medicine's role in gynecology, an increase in clinical trials targeted towards women, broader application of non-invasive prenatal tests, improved accessibility to fertility treatments, and a growing emphasis on mental health. Among the predominant trends projected for the forecast period are solutions in digital health, fertility and reproductive health tracking, non-hormonal contraceptive alternatives, monitoring of maternal health and pregnancy, breakthroughs in diagnostic methods for women's health, along with the fusion of artificial intelligence (AI).
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What Are the Major Segments in the Women's Health Market?
The women's health market covered in this report is segmented -
1) By Product Type: Devices, Drugs, Pharmaceutical Pipeline
2) By Age: 50 Years & above , Other Ages
3) By Treatment Type: Hormonal Treatment, Non-Hormonal Treatment, Surgeries
4) By Application: Postmenopausal Osteoporosis, Hormonal Infertility, Endometriosis & Uterine Fibroids, Contraceptives, Menopause, Polycystic Syndrome (PCOS)
5) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
Subsegments:
1) By Devices: Diagnostic Devices, Contraceptive Devices, Fertility Monitoring Devices, Gynecological Surgical Devices, Breast Pumps
2) By Drugs: Hormonal Therapies, Fertility Drugs, Osteoporosis Drugs, Menopause Treatment Drugs, Endometriosis Drugs, Contraceptives
3) By Pharmaceutical Pipeline: Emerging Drugs for Menopause, New Fertility Treatments, Novel Contraceptives, Drugs for Gynecological Conditions, Hormone Replacement Therapy Developments
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What Are The Driving Women's Health Market Evolution?
The increase in diseases affecting women specifically is anticipated to fuel the expansion of the women's health market in the future. Conditions like anemia, osteoporosis, breast cancer, menopause, and others which predominantly impact women, are on the rise due to a variety of risk factors like genetics, ageing, early onset of or late menopause post 55 years, obesity, among other things. This escalation in diseases specifically impacting women has increased the demand for health products and services catering to women's needs, ultimately aiding in the treatment of these diseases and promoting overall women's health and well-being. For instance, it was reported in an article published by the American Cancer Society, a US-based cancer elimination dedicated charitable organization, in January 2023, that cervical cancer was once one of the leading causes of cancer deaths among American women. It is estimated that around 13,960 new cases of invasive cervical cancer will be identified in the USA in 2023 and approximately 4,310 women are expected to succumb to this disease. Consequently, the increased occurrence of diseases particular to women is boosting the expansion of the women's health market.
Which Firms Dominate The Women's Health Market Segments?
Major companies operating in the women's health market are AbbVie Inc., Bayer AG, Merck & Co Inc., Pfizer Inc., Agile Therapeutics, Apothecus Pharmaceutical Corporation, Blairex Laboratories Inc., Novartis AG, AstraZeneca PLC, F. Hoffmann-La Roche Ltd., Ferring Pharmaceuticals, Lupin Pharmaceuticals Inc., Johnson & Johnson Services Inc., Eli Lilly and Company, Teva Pharmaceutical Industries Ltd., Hologic Inc., Celmatix Inc., HERA Biotech Inc., Juno Bio Inc., Maven Clinic Inc., MobileODT Ltd., Mylan N.V., ObsEva SA, Scailyte AG, Syrona Health AG
What Trends Are Expected to Dominate the Women's Health Market in the Next 5 Years?
Advancements in the field of women's health are a prevalent trend in the women's health market. Leading companies in this market are creating new offerings to fortify their market standing. For example, in July 2022, GE Healthcare, a medical technology firm based in the US, introduced the Voluson Expert 22. This newest feature to the firm's women's health collection employs a graphical-based beam forming technology, providing superior imagery quality and amplified flexibility in imaging processes. The system, equipped with state-of-the-art AI-powered tools, offers increased consistency in examinations while diminishing the workload required.
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Which Is The Largest Region In The Women's Health Market?
North America was the largest region in the women's health market in 2024. Asia-Pacific is expected to be the fastest-growing region in the women's health market report during the forecast period. The regions covered in the women's health market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Women's Health Market?
2. What is the CAGR expected in the Women's Health Market?
3. What Are the Key Innovations Transforming the Women's Health Industry?
4. Which Region Is Leading the Women's Health Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
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