Healthcare Services

Women’s Health Outlook 2034: Key Drivers, Trends, and Market Frontiers

Discover trends, market shifts, and competitive outlooks for the women’s health industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

What Are the Projected Market Size and Growth Rates for the Women’s Health Market From 2025 To 2029?

In recent times, the market size of women’s health has experienced stable growth. It is projected to expand from $43.53 billion in 2024 to $45.5 billion in 2025, witnessing a compound annual growth rate (CAGR) of 4.5%. The historical growth trend is mainly due to progress in reproductive medicine, initiatives towards awareness and education, movements promoting empowerment and advocacy, advancements in prenatal and postnatal care, and the evolution of hormone replacement therapies.

Expectations are set for robust expansion in the women’s health market in the near future, with the market size anticipated to rise to $58.07 billion by 2029, translating to a compound annual growth rate (CAGR) of 6.3%. The predicted growth during this period is seen as a result of various factors including advancements in precision medicine in gynecology, an increase in clinical trials focused on women, wider usage of non-invasive prenatal testing, improved accessibility to fertility treatments, and an intensified emphasis on mental health. The forecast period will also see key trends such as the adoption of digital health solutions, monitoring of fertility and reproductive health, non-hormonal contraception methods, emphasis on maternal health and pregnancy monitoring, groundbreaking developments in women’s health diagnostics, and the incorporation of artificial intelligence (AI).

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How Are Key Drivers in the Industry Acting as Catalysts for the Growth of the Women’s Health Market?

The increasing occurrence of diseases primarily affecting women is anticipated to drive the expansion of the women’s health market. Diseases such as anemia, osteoporosis, breast cancer, menopause, among others are highly prevalent due to a myriad of risk factors like family history, escalating age, early commencement of menstrual cycle or late menopause, obesity, etc. This surge in diseases specific to women leads to an increased demand for products and services that cater to women’s health, necessary to manage these conditions and ensure women’s health and wellness. For example, the American Cancer Society, a non-profit organization based in the U.S. aiming to eradicate cancer, published an article in January 2023 stating that cervical cancer was once among the leading causes of cancer-related deaths in American women. They projected that approximately 13,960 new cases of invasive cervical cancer would be detected in the US in 2023, with an estimated 4,310 women expected to succumb to the disease. Hence, the increasing incidence of diseases affecting women is stimulating the growth of the women’s health market.

Which Segments in the Women’s Health Offer the Most Growth?

The women’s health market covered in this report is segmented –

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, Surgeries

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

Subsegments:

1) By Devices: Diagnostic Devices, Contraceptive Devices, Fertility Monitoring Devices, Gynecological Surgical Devices, Breast Pumps

2) By Drugs: Hormonal Therapies, Fertility Drugs, Osteoporosis Drugs, Menopause Treatment Drugs, Endometriosis Drugs, Contraceptives

3) By Pharmaceutical Pipeline: Emerging Drugs for Menopause, New Fertility Treatments, Novel Contraceptives, Drugs for Gynecological Conditions, Hormone Replacement Therapy Developments

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What Are the Fastest-Growing Geographies in the Women’s Health Market?

North America was the largest region in the women’s health market in 2024. Asia-Pacific is expected to be the fastest-growing region in the women’s health market report during the forecast period. The regions covered in the women’s health market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Are the Current Market Growth and Trends in the Women’s Health Industry?

Advances in women’s health represent a significant trend within the women’s health market. Leading companies within the sector are launching new products to consolidate their position. For example, GE Healthcare, a medical technology company based in the U.S., introduced the Voluson Expert 22 in July 2022. This new addition to the company’s product range in women’s health uses graphic-based beam former technology, delivering high-quality imaging and improved versatility in imaging procedures. With advanced tools driven by Artificial Intelligence (AI), the system delivers more uniformity in examinations and minimizes the tasks required.

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What Are the Key Elements That Define the Women’s Health Market?

Women’s health refers to the branch of medicine and healthcare that focuses on the diagnosis, treatment, and prevention of diseases and conditions that specifically affect women. It encompasses a wide range of issues including reproductive health, menstrual health, pregnancy and childbirth, menopause, and conditions such as breast and ovarian cancers. It also addresses other health concerns that disproportionately affect women, such as osteoporosis, cardiovascular disease, and autoimmune disorders.

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