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Women Health Market Demand is Increasing Rapidly in Recent Years

Women Health Market Demand is Increasing Rapidly in Recent Years

The health of women is of particular concern as they experience various emotional and physiological issues throughout their life due to hormonal changes. Women’s health is a broad area covering preventive health care for all body functions, including circulatory system, urinary tract, and bone. Women are prone to certain diseases, mostly related to menstrual disorders, depression, osteoporosis, and obesity. Women are also more prone to certain autoimmune diseases such as hypothyroidism and lupus when compared to men. Women’s major health issues are related to the reproductive system including infertility, polycystic ovarian syndrome, menopause, as well as cancers such as breast cancer, cervical cancer, and urological disorders. 

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The women health market is driven by increase in aging female population, change in lifestyle, and initiatives from governments and nonprofit organizations to spread awareness about women’s health. Emphasis on preventive care and widespread awareness regarding women’s disorders has reinforced industry growth. Excellent health insurance coverage has significantly increased demand for women’s health care services. Increasing private insurance coverage will boost the growth of the women health market. Every woman faces certain gynecological issues in her life. Most of these issues can be treated with proper treatment; however, these can sometimes be fatal if not diagnosed at the right time. Increasing prevalence of women-specific health issues is one of the major factors contributing to the growth of the women’s health market. Unavailability of proper medical care and lack of awareness about importance of health care management among the women in developing countries are factors likely to hamper the growth of the women health market. High costs of treatment, tests, and procedures are restraining the women health market.

The global women health market has been categorized based on product type, disease indication, end-user, and region. In terms of product, the market includes devices such as biopsy devices, imaging and monitoring system, ultrasound devices and others. Based on disease indication, the global women health market has been segmented into cancer, cardiovascular, bone diseases, and others. The cancer segment is further categorized into breast cancer, cervical cancer, and others. Cardiovascular diseases and breast cancers are the major causes of death among older women, irrespective of the level of economic development of the country in which they live. In terms of end-user, the market has been segmented into hospitals, clinics, diagnostic centers, and home care settings.

Geographically, the global women health market is distributed over North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounts for the largest market for women health, followed by Europe. Rise in number of diseases, increase in health care expenditure, and rise in awareness concerning women health care in developed countries are the factors contributing to market growth in this region. Asia Pacific represents the fastest-growing market for women health, primarily due to development and modernization of health care infrastructure, increasing per capita income, and rising focus by key players on establishment of new distribution networks in economically growing region. Furthermore, increase in population in developing countries such as India and China and rise in prevalence of chronic diseases such as heart disease and cancer are driving the women health market in Asia Pacific.

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Key players in the global women health market are Abbott Laboratories, Merck & Co., Inc., Novo Nordisk A/S, Pfizer, Inc., MedGyn Products, Inc., GE Healthcare, Siemens AG, F. Hoffmann-La Roche AG, Quest Diagnostics, Inc., and Becton, Dickinson and Company, among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market   

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

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