Women Health Devices Market Analysis to 2025 - Growing Popularity and Emerging Trends
Category: #healthcare  By Ronak Bora  Date: 2021-03-19
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Women Health Devices Market Analysis to 2025 - Growing Popularity and Emerging Trends

The women health devices market is likely to register lucrative growth over the coming years owing to the increasing geriatric women population and rising prevalence of ovarian cancer among women aged 63 years and above. As per the American Cancer Society, ovarian cancer is ranked 5th when it comes to cancer-related death among women, leading to more fatalities than caused by any other health issues of the women reproductive system. Today, with a steady rise in elderly women population and the prevalence of gynecological cancers worldwide, the women health devices market would register a momentous growth impetus.

Diagnostic women health devices contributed to around 25% of the annual remuneration in 2018 owing to the awareness pertaining to early disease diagnosis to maximize the opportunities for successful treatment outcomes in patients. The development of technically advanced diagnostic equipment like real-time 4D ultrasound (3DUS, 4DUS) has resulted in an accurate detection of symptoms to offer more convenient results and care in patients.

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With respect to type, the market is bifurcated into devices and consumables. Among these, the devices segment is likely to exhibit nearly 6.2% CAGR over the forecast timeframe. A rising number of women choosing to undergo a double mastectomy among adult female population will essentially boost the market expansion over the forthcoming time period. Moreover, increasing adoption of technologically advanced devices to simplify the treatment process as per patients needs will further augment the growth of the segment.

In terms of application, the uterine fibroids segment will witness more than 6.5% CAGR through the forecast timeframe. As per the U.S. department of health and human services, approximately 20% to 80% of women are likely to develop fibroid by the age of 50. In addition, annually it is estimated that over 400,000 new cases of uterine fibroids are reported in the U.S., among women aged 40 years and above. Such factors are likely to drive the growth of this segment over the coming years.

The Asia Pacific women health devices market is projected at a 7% CAGR through the coming years owing to the presence of a large female patient population base and their abilities to spend on healthcare. There is a considerable surge in consumer awareness with regard to disease detection and the availability of technically advanced treatment procedures.

Key industry players operating in the women health devices market include Caldera Medical, Siemens, Medline Industries, CooperSurgical, F. Hoffmann-La Roche, GE Healthcare, Prestige Consumer Healthcare, Abbott Laboratories, MedGyn Products, Hologic, Carestream Health, Cardinal Health, and Koninklijke Philips among many others.

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Partial Chapter of the Table of Content

Chapter 4. Women Health Devices Market, By Type

4.1. Key segment trends

4.2. Devices

4.2.1. Market size, by region, 2014 – 2025 (USD Million)

4.3. Consumables

4.3.1. Market size, by region, 2014-2025 (USD Million)

Chapter 5. Women Health Devices Market, By Product

5.1. Key segment trends

5.2. Surgical

5.2.1. Market size, by region, 2014-2025 (USD Million)

5.3. Diagnostic

5.3.1. Market size, by region, 2014-2025 (USD Million)

5.4. Contraceptive

5.4.1. Market size, by region, 2014-2025 (USD Million)

5.5. Labor & delivery

5.5.1. Market size, by region, 2014-2025 (USD Million)

5.6. Critical care

5.6.1. Market size, by region, 2014-2025 (USD Million)

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About Author

Ronak Bora    

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

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