Global Womens Health Devices Market
Medical Equipment

Top 5 Insights From The Womens Health Devices Market Report 2023

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

According to The Business Research Company’s Womens Health Devices Global Market Report 2023, the womens health devices market is expected to show promising growth in the forecast period.

The global women’s health devices market has witnessed substantial growth, with its size increasing from $33.89 billion in 2022 to $36.95 billion in 2023 at a compound annual growth rate (CAGR) of 9.0%. Projections indicate further expansion, reaching $52.54 billion in 2027 at a CAGR of 9.2%. This surge can be attributed to various factors, including increased government initiatives and technological advancements.

Government Programs Driving Awareness

An upswing in government programs focusing on women’s health is playing a pivotal role in propelling the market forward. These initiatives aim to raise awareness about crucial health issues, ultimately boosting the efficiency of public healthcare systems. A notable example is the Victorian government’s release of the first-ever women’s sexual and reproductive health strategy and priority action plan, backed by a substantial $6.6 million investment. Such efforts are expected to heighten the demand for women’s health devices, particularly for easy diagnosis.

Key Players Shaping the Landscape

The women’s health devices market is marked by the presence of major players such as Abbott Laboratories, Koninklijke Philips N.V., and F. Hoffmann-La Roche. These industry leaders, along with others like GE Healthcare and Boston Scientific Corporation, contribute significantly to the sector’s growth and innovation. Their diverse product portfolios span surgical, diagnostic, contraceptive, labor and delivery, and critical care categories.

Technological Advancement as a Driving Force

A prominent trend gaining traction in the women’s health devices market is technological advancement. Companies are actively exploring new technologies to enhance their market position. Notably, iSono Health, a US-based medical equipment manufacturing company, launched ATUSA in May 2022. Recognized as the world’s first portable and automated 3D breast ultrasound scanner, ATUSA leverages artificial intelligence to perform comprehensive breast scans. This breakthrough allows unremarkable breast ultrasound imaging at the point of care without the need for a trained ultrasound driver, marking a significant leap forward for both the company and women’s health.

Market Segmentation for Precision

The global women’s health devices market is segmented based on various criteria, offering a comprehensive view of its diverse landscape:

  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
    • Other Applications
  4. By End-user:
    • Hospitals
    • Obstetrics and Gynaecology Clinics
    • Diagnostic Laboratories
    • Ambulatory Surgical Centres
    • Other End Users

Regional Dynamics: North America Leading, Asia-Pacific Emerging

In 2022, North America held the lion’s share in the women’s health devices market. However, the Asia-Pacific region is poised to emerge as the fastest-growing region in the coming years, according to market forecasts. This shift reflects evolving healthcare landscapes and increased awareness in the Asia-Pacific region, indicating a significant market potential.

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The Womens Health Devices Global Market Report 2023  offers a comprehensive overview on the womens health devices market size, growth rate, trends and drivers, opportunities, strategies, and competitor landscape. The countries covered in the womens health devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The Table Of Content For The Womens Health Devices Market Include:
1. Womens Health Devices Market Executive Summary
2. Womens Health Devices Market Segments
3. Womens Health Devices Market Size And Womens Health Devices Market Growth Rate
4. Key Womens Health Devices Market Trends
5. Major Womens Health Devices Market Drivers
……
25. Key Mergers And Acquisitions In The Womens Health Devices Market
26. Top Womens Health Devices Companies
27. Womens Health Devices Market Opportunities And Strategies
28. Womens Health Devices Market, Conclusions And Recommendations
29. Appendix

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