The Women Healthcare Market Size was valued at USD 7.6 billion in 2023 and is projected to grow to USD 10.9 billion by 2032.
The global women healthcare market is growing pervasively, mainly due to spreading awareness about the importance of women’s wellbeing. Women’s health status correlates with their social standing; hence, countries across the world focus on strengthening women’s health. The governments of these countries understand the pivotal role that women healthcare can play in building a nation and therefore support & spend increasingly on technologies, medicines, and treatments required to maintain their welfare.
Factors increasing the market demand include the lack of access to family planning programs, unwanted pregnancies, unsafe abortions & injuries associated with abortions, complications about the frequent & risky pregnancies, unavailability of follow-up care, sexually transmitted diseases & infections, and other psychological problems related to women health.
Chronic malnutrition among girls & women in the dominating male society and gender-biased systems are equally affecting women’s health, workplace, economic conditions, and sense of wellbeing. Simultaneously, the growing number of working women, especially in developing countries and the increasing awareness towards the advantages of women’s care, is propelling the market growth.
However, factors like unmet medical needs are anticipated to restrict the market growth. Nevertheless, technological advancements transpired in healthcare are expected to foster market growth.
Segment Analysis
The report is segmented into four market dynamics to widen the scope of understanding,
By Indication : Postmenopausal Osteoporosis, Infertility, Reproductive Health Management, Polycystic Ovary Syndrome, Gynecologic Cancer, and others.
By Diagnosis & Treatment : Diagnosis (Bone Densitometry, Diagnostic Imaging Tests, Biopsies, Ovulation Testing, and others) and Treatment (Therapeutics, surgeries, and others)
By End-users : Hospitals & Clinics, Gynecology Centers, and Research Institutes, among others.
By Regions : Europe, North America, Asia Pacific, and the Rest-of-the-World.
Major Key Players:
The global Women Healthcare Market Players Allergan Plc. (Ireland), Amgen (California), Bayer AG (Germany), Becton Dickinson and Company (U.S.), Merck & Co. Inc. (U.S.), Pfizer Inc., Teva Pharmaceuticals (Israel)
Regional Analysis
North America leads the global women healthcare market, due to the increasing initiatives promoting women’s health and wellness. Additionally, the presence of well-developed healthcare infrastructure and leading players is supporting the regional market growth. Also, increasing emphasis on diagnosis and continuous monitoring of diseases associated with women, especially propel the growth of the regional market.
Furthermore, the high prevalence of various chronic diseases among women and the funding support from the companies, private organization, and government associations to improve women healthcare in the region drive the growth of the regional market.
The women healthcare market in the European region takes the second leading position. The resurging economy plays an important role in supporting the growth of the regional market, availing the best possible healthcare and increasing the per capita healthcare expenditures specially designed for women. Besides, government support that encourages the players to develop high-quality technologies for women’s health and wellness and favorable reimbursement policies are fostering the growth in the regional market.
The Asia Pacific women healthcare market is rapidly emerging as a profitable market globally. The prevalence of chronic diseases among women populaces is a key driving force behind the regional market growth. Moreover, factors such as the proliferating healthcare sector and spreading awareness among individuals towards women’s health and wellness and the availability of various care units drive the growth of the market in the region.
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