Women Healthcare Market to Grow with a CAGR of 5.25% through 2029
Changing lifestyles and
nutrition and increasing disposable income are factors driving the Global Women
Healthcare Market in the forecast
period 2025-2029.
According to
TechSci Research report, “Women Healthcare Market – Global Industry Size,
Share, Trends, Competition Forecast & Opportunities, 2029F”, the
Global Women Healthcare Market stood at USD 9.52 Billion in 2023 and is
anticipated to grow with a CAGR of 5.25% in the forecast period through 2029.
The
Global Women's Healthcare Market has experienced significant growth in recent
years, driven by various factors that underscore the increasing focus on
women's health and well-being. As societies worldwide become more aware of the
unique healthcare needs of women, the market has responded with innovative
solutions and services. As awareness
about women's health issues continues to grow, there has been a notable
increase in advocacy efforts and education initiatives. Women are increasingly
taking charge of their health, seeking information, and actively participating
in healthcare decision-making. This cultural shift has led to an increased
demand for a wide range of women-centric healthcare products and services.
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"Global Women Healthcare Market”
The
healthcare industry is witnessing rapid technological advancements, and women's
healthcare is no exception. Innovations such as telemedicine, wearable health
devices, and digital health platforms have made healthcare more accessible and
convenient for women. These technologies allow for remote monitoring,
personalized care plans, and improved diagnostic capabilities. There is a growing emphasis on
preventive healthcare, and women are increasingly seeking proactive measures to
maintain their well-being. Regular health check-ups, screenings, and preventive
measures such as vaccinations and lifestyle interventions have become integral
to women's healthcare. This shift towards preventive care has led to an
increased demand for healthcare services focused on early detection and disease
prevention.
The
global population is aging, and with aging comes a higher prevalence of certain
health conditions. Women, in particular, may face unique health challenges
associated with menopause, osteoporosis, and cardiovascular health. The aging
population contributes to the demand for healthcare solutions that address the
specific needs and concerns of older women, driving the growth of the women's
healthcare market.
The Global Women
Healthcare Market is segmented into drug, application, region and company.
Based
on application, The Postmenopausal Osteoporosis segment is projected to experience rapid growth during the forecast period. Osteoporosis is a condition that primarily affects bone density and quality, making bones fragile and more susceptible to fractures. Postmenopausal women, especially those above the age of 50, face an increased risk of developing osteoporosis due to hormonal changes, specifically a decrease in estrogen levels. Estrogen plays a crucial role in maintaining bone density, and its decline during menopause contributes to bone loss. Postmenopausal osteoporosis is a global health concern affecting millions of women worldwide. According to the International Osteoporosis Foundation, it is estimated that one in three women over the age of 50 will experience osteoporotic fractures in their lifetime. The economic and healthcare burden associated with osteoporosis-related fractures is substantial, contributing to increased healthcare costs and decreased quality of life for affected individuals.
Based on region,
North America segment is expected to grow during the forecast
period. The supportive regulatory environment in North America has
played a crucial role in the development and growth of the women's healthcare
market. Government initiatives, such as funding for research and development,
have encouraged the creation of new therapies, drugs, and medical devices
catering specifically to women's health. The Asia Pacific
region is experiencing rapid market growth. Asia Pacific places a strong
emphasis on healthcare awareness and education. This has resulted in a more
informed population that actively seeks preventive and personalized healthcare
solutions. Increased awareness has led to early detection of women's health
issues and a higher demand for specialized healthcare services.
Major companies
operating in Global Women Healthcare Market are:
·
Bayer AG Cardinal Health
·
Allergan plc.
·
Merck & Co.
·
Pfizer Inc.
·
Amgen Inc.
·
Agile Therapeutics Inc.
·
Ferring Pharmaceuticals
·
Mylan N.V.
·
Lupin Limited
·
Blairex Laboratories
·
Apothecus Pharmaceutical
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“The
Global Women Healthcare Market is experiencing robust growth, driven by a
combination of increased awareness, technological advancements, preventive
healthcare trends, demographic shifts, lifestyle changes, government support,
and improved financial capabilities among women. As the industry continues to
evolve, it is essential for healthcare providers, policymakers, and innovators
to collaborate and address the unique healthcare needs of women, ensuring a
healthier and more empowered future for women worldwide”, said Mr. Karan
Chechi, Research Director of TechSci Research, a research-based management
consulting firm.
“Women Healthcare Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Drug (EVISTA, XGEVA, Prolia, Mirena, Zometa, Reclast/Aclasta, Minastrin 24 Fe, NuvaRing, FORTEO, Premarin, ACTONEL, ORTHO TRI-CY LO (28)), By Application (Hormonal Infertility, Postmenopausal Osteoporosis, Endometriosis, Contraceptives, Menopause, Polycystic Ovary Syndrome, Others), By Region and Competition, 2019-2029F”,
has evaluated the future growth potential of Global Women Healthcare Market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Women Healthcare Market.
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