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The women’s health devices market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 8%, as per The Business Research Company’s market report!

Read More On The Women’s Health Devices Market Report 2022 – https://www.thebusinessresearchcompany.com/report/womens-health-devices-global-market-report

The Women’s Health Devices Market Size In 2022 And Forecast

The global women’s health devices market is expected to grow from $30.81 billion in 2021 to $33.70 billion in 2022 at a compound annual growth rate (CAGR) of 9.4%. The global women’s health devices market size is expected to grow to $46.55 billion in 2026 at a compound annual growth rate (CAGR) of 8.4%.

The women’s health devices market consists of sales of women’s health devices by entities (organizations, sole traders, and partnerships) that are used to enhance women’s healthcare, including maternal and menstrual health, pelvic and sexual health, fertility, menopause, and contraception, as well as many general health disorders that affect women disproportionately or differently such as osteoporosis or cardiovascular disease.

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An Increase In Government Programs Aimed At Raising Awareness About Women’s Health Is Driving The Growth Of The Women’s Health Devices Market

For instance, in March 2022, according to the Department of Health, Victoria, the Victorian government released its first-ever women’s sexual and reproductive health strategy and priority action plan for women’s sexual and reproductive health. The plan is supported by a $6.6 million investment for action and education to reduce stigma and improve knowledge of sexual and reproductive health and other such issues. Therefore, an increase in government programs aimed at raising awareness about women’s health is expected to boost demand for women’s health devices during the forecast period.

Competitive Landscape And The Regional Analysis Of The Women’s Health Devices Market

Major players in the women’s health devices market are Abbott Laboratories, Koninklijke Philips N.V., CooperSurgical, F. Hoffmann-La Roche, Caldera Medical, GE Healthcare, Carestream Health, Hologic, Medline Industries, Candence Inc., Boston Scientific Corporation, Reckitt Benckiser, BD. Com, Coloplast A/S, and MedGyn Products, Inc.

Additionally, as per TBRC’s research – North America was the largest region in the women’s health devices market in 2021 holding the largest market share and Asia-Pacific is expected to be the fastest-growing region in the forecast period.

The Women’s Health Devices Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the women’s health devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the women’s health devices market.

Technological Advancement – A Key Trend In The Women’s Health Devices Market

Many companies operating in the women’s health devices sector are looking for new technologies to strengthen their position in the women’s health devices market.

Women’s Health Devices Market Segmentation By The Business Research Company

1) By Product: Surgical, Diagnostics, Contraceptives, Labor and Delivery, Critical Care

2) By Type: Devices, Consumables

3) By Application: Cancer, Osteoporosis, Infectious Disease, Uterine Fibroids, Post-menopausal Syndrome, Pregnancy, Female Sterilization, Others

4) By End-user: Hospitals, Obstetrics and Gynaecology Clinics, Diagnostic Laboratories, Ambulatory Surgical Centers, Others

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