Womens Health 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 market report forecasts the womens health market size to grow to $49.86 Billion by 2027, with a CAGR (compound annual growth rate) of more than 4%.
Learn More On The Womens Health Market Report 2023 – https://www.thebusinessresearchcompany.com/report/womens-health-global-market-report
Womens Health Market Size Forecast
The global womens health market is expected to grow from $39.43 billion in 2022 to $41.40 billion in 2023 at a compound annual growth rate (CAGR) of 5.0%. 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 market size is expected to grow to $49.86 billion in 2027 at a CAGR of 4.8%.
North America held the largest womens health market share, and Asia-Pacific was the fastest-growing region in 2022.
Key Womens Health Market Driver – Rise In The Prevalence Of Women-Centric Diseases
For instance, the World Health Organization (WHO), a specialized institution based in Switzerland responsible for global public health, estimates that in 2020, 2.3 million women received a breast cancer diagnosis, and there will be 685,000 fatalities worldwide. Breast cancer was the world’s most prevalent cancer, as there were 7.8 million women diagnosed with it in the past 5 years. Therefore, the rising prevalence of women-centric diseases is driving the growth of the women’s health market.
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Key Womens Health Market Trend – Developing Women’s Health
Major companies operating in the women’s health market are developing new products to strengthen their position. For instance, in November 2021, FemTec Health, a US-based startup that focuses on women’s health and beauty using technology and data to personalize care, developed a data analytics platform and infrastructure called BiomeAI to customize care by using genetic, consumer, microbiome, and biometric data. The BiomeAI engine uses deep machine learning and AI to translate this data into the delivery of holistic healthcare personalized for every woman.
Womens Health Market Segment
1) By Product Type: Devices, Drugs, Pharmaceutical Pipeline
2) By Age: 50 Years & Above; Other Ages
3) By Treatment Type: Hormonal Treatment, Non-Hormonal Treatment, and Surgery
4) By Application: Postmenopausal Osteoporosis, Hormonal Infertility, Endometriosis & Uterine Fibroids, Contraceptives, Menopause, Polycystic Ovary Syndrome (PCOS)
5) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
Womens Health Market Major Players and Strategies
Major players in the womens health market are AbbVie Inc., Bayer AG, Merck & Co. Inc., Pfizer Inc., Agile Therapeutics, Amgen Inc., Apothecus Pharmaceutical Corporation, Blairex Laboratories Inc., Novartis AG, AstraZeneca plc, F. Hoffmann-La Roche Ltd., Ferring Pharmaceuticals, Lupin Pharmaceuticals Inc., Johnson & Johnson Services Inc., Allergan Plc., Eli Lilly and Company, Teva Pharmaceutical Industries Ltd., Siemens AG, and Hologic Inc.
In May 2021, Partners Group, a Switzerland-based global private equity firm, acquired Axia Women’s Health for an undisclosed amount. With this acquisition, Partners Group added one more growing portfolio to its North American healthcare businesses. Axia Women’s Health is a US-based women’s healthcare services firm operating in the women’s health market.
The Womens Health Global Market Report 2023 covers regional data on womens health market size, womens health market trends and drivers, opportunities, strategies, and womens health market competitor analysis. The countries covered in the womens health 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 is the area of medicine that focuses on the identification and management of ailments and illnesses that have an impact on a woman’s physical and psychological health.
View More Reports Related To The Womens Health Market –
Womens Health Devices Global Market Report 2023
Womens Health And Beauty Supplements Global Market Report 2023
Healthcare Workforce Management System Global Market Report 2023
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