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Women's Health Market Trends That Will Shape the Next Decade: Insights from Innovations In Women's Health Redefine Personalized Care
"Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.How Large Will the Women's Health Market Size By 2025?
The market size for women's health has seen a stable growth in recent years. It is projected to rise from a value of $43.53 billion in 2024 to an estimated $45.5 billion in 2025, indicating a compound annual growth rate (CAGR) of 4.5%. Factors contributing to the growth during the historic period include advancements in reproductive medicine, initiatives for awareness and education, empowerment and advocacy movements, improvements in prenatal and postnatal care, and the development of hormone replacement therapies.
How Big Is the Women's Health Market Size Expected to Grow by 2029?
Anticipated robust expansion in the women's health market is predicted to take its valuation to $58.07 billion in 2029, growing at a compound annual growth rate (CAGR) of 6.3%. This growth, projected over the next few years, is attributed to advancements in precision medicine applied to gynecology, increase in clinical trials concentrating on women, wider use of non-invasive prenatal testing, extended availability of fertility treatments, and an elevated focus on mental health. The period forecast also foresees primary trends such as the utilization of digital health solutions, fertility reckoning and reproductive health, non-hormonal contraceptive alternatives, monitoring maternal health and pregnancy, innovations in the field of women's health diagnostics, along with the integration of artificial intelligence (ai).
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Which Key Market Drivers Powering Women's Health Market Expansion and Growth?
An increase in diseases specifically affecting women is poised to boost the progress of the women's health market. Conditions such as anemia, osteoporosis, breast cancer, menopause, among others, are turning out to be highly prevalent due to a variety of risk factors like heredity, age increase, early onset of menstrua*tion or late onset of menopause (after 55 years), obesity, and more. This growth in the occurrence of women-specific diseases stimulates the need for women's health products and services necessary to manage these conditions and maintain women's health. For example, the American Cancer Society, a non-profit organization from the US committed to eradicating cancer, released an article in January 2023 revealing that cervical cancer was formerly one of the main reasons for cancer-related deaths among American women. Around 13,960 new cases of invasive cervical cancer are anticipated to be diagnosed in the US in 2023, resulting in approximately 4,310 women possibly succumbing to the disease. Thus, the escalating occurrence of diseases peculiar to women is fueling the expansion of the women's health market.
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Which Fast-Growing Trends Are Poised to Disrupt the Women's Health Market?
Progress in the field of women's health is a predominant trend in the women's health market. Key corporations in this industry are introducing new products to consolidate their standing. For instance, in July 2022, US-based medical technology firm GE Healthcare, unveiled the Voluson Expert 22. This new product in the company's women's health array uses graphic-based beam former technology, providing excellent image quality and improved versatility in image functions. The system, armed with state-of-the-art tools driven by Artificial Intelligence (AI), assures heightened uniformity in examinations while lessening the task load.
What Are the Emerging 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 Ovar*y 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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Who Are the Global Leaders in the Women's Health Market?
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
Which are the Top Profitable Regional Markets for the Women's Health Industry?
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.
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