What is the global market size of Women’s Health Devices Market?

Global Women's Health Devices Market size was valued at USD 38.43 billion in 2021 and is poised to grow from USD 40.29 billion in 2022 to USD 468.18 billion by 2030, growing at a CAGR of 4.8% in the forecast period (2023-2030).

Women's Health Devices Market Size, Share, Growth Analysis, By Application(General Health & Wellness, Cancers & Other Chronic Diseases, Reproductive Health, Pregnancy & Nursing Care), By End-User(Hospitals & Clinics, Home Healthcare, Others), By Region - Industry Forecast 2024-2031

Report ID: SQSG35A2019 | Region: Global | Published Date: April, 2024
Pages: 165 | Tables: 66 | Figures: 75

Women's Health Devices Market Regional Insights

North America dominated the global women's health devices market, with a market value of US$ 15.40 billion in 2021 and is likely to continue to do so during the forecast period. A few of the factors that contribute to this region's dominance include the substantial healthcare spending on women's health in the area and the comparably larger demand for technologically advanced devices.

Due to the substantial female healthcare spending in important European countries and the presence of a large female population, Europe generated the second-largest share of the market in 2021. The highest CAGR is anticipated to be seen in the Asia Pacific region from 2022 to 2028. The improvement of the healthcare system in Asian nations, the rise in the number of diseases affecting women, and the rising awareness of technologically advanced women's health equipment are driving the regional market expansion.

Women's Health Devices Market Report Snapshots

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Women's Health Devices Market size was valued at USD 38.43 billion in 2019 and is poised to grow from USD 40.29 billion in 2023 to USD 468.18 billion by 2031, growing at a CAGR of 4.8% in the forecast period (2024-2031).

Regarding the women's health devices market's competitive environment, there are numerous businesses of varying sizes present, each with a varied product portfolio and a broad range of potential applications. F. Hoffmann-La Roche Ltd. currently holds a dominant position in the market, mostly as a result of the company's diagnostics portfolio, which includes several products that address female health issues. Numerous female cancers, as well as pregnancy and fertility, are some of the application areas of women's health that F. Hoffmann-La Roche Ltd. handles. Boston Scientific Corporation is another significant competitor with a big array of medical devices for pelvic health. 'CooperSurgical Inc.', 'GE Healthcare', 'Koninklijke Philips N.V.', 'Siemens AG', 'Medtronic plc', 'Boston Scientific Corporation', 'Hologic Inc.', 'Johnson & Johnson', 'Abbott Laboratories', 'F. Hoffmann-La Roche AG', 'Merck & Co., Inc.', 'Pfizer Inc.', 'Bayer AG', 'Becton, Dickinson and Company', 'Cardinal Health, Inc.', 'Thermo Fisher Scientific Inc.', 'Olympus Corporation', 'Fujifilm Holdings Corporation', 'Danaher Corporation', 'Smith & Nephew plc'

Due to the significant increase in the number of female patients over the past several years, there has been a significant rise in the need for medical equipment for the diagnosis and treatment of diseases affecting women's health, such as a variety of female cancers. Numerous studies have shown that during the past few decades, there has been a marked rise in the prevalence of disorders affecting women's health. Several governments have launched projects to increase knowledge of female ailments to lower the mortality rate among female patients with serious illnesses.

Numerous investment initiatives are being made, which is one of the most common trends in the women's health devices market and is expected to significantly boost market growth throughout the projected period. There are a lot of benefits of aggressive investment programs. Several of the benefits of these initiatives increase the number of more practical and cheap solutions available, which encourages the widespread use of these medical devices. Additionally, these investment opportunities are anticipated to lead to the introduction of cutting-edge products.

North America dominated the women's health devices market, with a market value of US$ 15.40 billion in 2021 and is likely to continue to do so during the forecast period. A few of the factors that contribute to this region's dominance include the substantial healthcare spending on women's health in the area and the comparably larger demand for technologically advanced devices.

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Women's Health Devices Market Size, Share, Growth Analysis, By Application(General Health & Wellness, Cancers & Other Chronic Diseases, Reproductive Health, Pregnancy & Nursing Care), By End-User(Hospitals & Clinics, Home Healthcare, Others), By Region - Industry Forecast 2024-2031

Women's Health Devices Market Regional Insights

Women's Health Devices Market Report Snapshots

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