womens health devices market
Medical Equipment

Womens Health Devices Market Forecast 2023-2027 By The Business Research Company

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

The Business Research Company’s womens health devices market report forecasts the womens health devices market size to grow to $52.54 Billion by 2027, with a CAGR (compound annual growth rate) of more than 9%.

Learn More On The Womens Health Devices Market Report 2023 – https://www.thebusinessresearchcompany.com/report/womens-health-devices-global-market-report

Womens Health Devices Market Size Forecast
The global womens health devices market is expected to grow from $33.89 billion in 2022 to $36.95 billion in 2023 at a compound annual growth rate (CAGR) of 9.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The women’s health devices market size is expected to grow to $52.54 billion in 2027 at a CAGR of 9.2%.

North America held the largest womens health devices market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Womens Health Devices Market Driver ­– Increase In Government Programs Aimed At Raising Awareness About Women’s Health
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.

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Key Womens Health Devices Market Trend – Technological Advancement
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. For instance, in May 2022, iSono Health, a US-based medical equipment manufacturing company, launched ATUSA, which is the world’s first portable and automated 3D breast ultrasound scanner. This combines a unique 3D ultrasound scanner with artificial intelligence to perform full breast scans and accurately locate breast tumors. It automatically captures the entire breast volume, allowing for unremarkable breast ultrasound imaging at the point of care without the need for a trained ultrasound driver. This launch represents another step forward for the company and the female population.

Womens Health Devices Market Segment
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

Womens Health Devices Market Major Players and Strategies
Major players in the womens 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.

In February 2022, CooperSurgical, a US-based women’s healthcare brand, acquired Cook Medical’s reproductive health portfolio for an amount of $875 million. With this acquisition, both companies aim to invest in future growth and new technologies. Cook Medical is a US-based company that manufacturers invasive medical devices for fertility, obstetrics, gynaecology, in vitro fertilization, and assisted reproductive technology.

The Womens Health Devices Global Market Report 2023 covers regional data on womens health devices market size, womens health devices market trends and drivers, opportunities, strategies, and womens health devices market competitor analysis. 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.

Women’s health devices refer to devices that enable them to take control of their health and health-related data with at-home tests and other features. The women’s health devices 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.

View More Reports Related To The Womens Health Devices Market –
Women’s Health Global Market Report 2023
Womens Health And Beauty Supplements Global Market Report 2023
Connected Healthcare Global Market Report 2023

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