Women’s Health Devices Market Size to Reach US$ 62.34 Bn by 2030

The women’s health devices market was estimated at US$ 30.86 billion in 2021 and is expected to hit US$ 62.34 billion by 2030 growing at a CAGR of 8.1% from 2021 to 2030.

The women’s health devices market was estimated at US$ 30.86 billion in 2021 and is expected to hit US$ 62.34 billion by 2030 growing at a CAGR of 8.1% from 2021 to 2030.

Growth Factors:

Women health is majorly important among the family; the women health is defining as the health of population. Women health devices market is majorly growing due to an increasing health awareness of the women. Also initiatives taken by the government in regards with the women health, the increasing awareness of women health in the rural region of developing counties like India is an additional and important factor driving the growth of market. Also the initiatives taken by some research institute, for instance the women’s health awareness (WHA) is an initiatives taken by national institute of environmental health sciences. Within this program it is increasing empowerment among the women to take responsibility of their health, due to such instances the global women health devices market witnessing the growth and opportunities.

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Increasing the Non-communicable diseases (NCDs) such as cardiovascular diseases, Cancer, Perinatal conditions and other are the major reason for female deaths. Breast cancer is one of the common types of cancer among female, in addition Lung cancer is the second leading cause of cancer causing death for women. The worldwide consumption of Cigarette is constantly increasing in women. About 50% of the lungs cancer among the women is due to Cigarette smoking. This is the major factors fueling the growth of global market for women health devices.

And alcohol consumption, Genetics, Smoking and Steroid use is increasing among the women. The alcohol is one of the reason for depression, anxiety and cancer. The alcohol consumption among the women is constantly increasing as in 2019 as about 33% of female high school student consumed alcohol. Which is pushing the market towards the growth?

Lack of family planning and the less number of educations also contributing towards the growth of market. Women in some countries have larger number of children’s. Also the global population has increased by 24% in 2020. The growing population is also a driving factor for the market.

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Report highlight:

The report is segmented into Application, End user and Region. Based on the application the market is classified into general health, cancer & chronic diseases, pregnancy care and other. Based on application the cancer and chronic disease is dominating the global owing to an increasing the rate of cancer among women. The increasing consumption of alcohol and increasing smoking rate is one of the major reasons for cancer among the women. Also about half time the detected lungs cancer among the women is due to the smoking. This is major globally driving factors for growth in the market.

Based on the End user it is studied across the hospitals & Clinics, Laboratories and other. Based on the end user the hospital and clinics has highest market hold owing to well infrastructure, availability of surgery rooms well trained nursing staffs and the expert of the disease. Also the constant flow of patient creating dominance in the market due to hospitals and clinics.

Based on the region the report is categorized into North America, Europe, Asia-Pacific and Other region of the world. Regional dominance on the market is due to North America North America contributing highest share in the market owing to well medical infrastructure across the region and well developed countries like U.S. Also the advancement of medical technology is well established in the North American region. Europe accounted for the second largest share in the market owing and considerable female population, according to cancer research UK around 56,000 breast cancer cases diagnosed in UK every year. Due which Europe is the key region contributing towards the growth of the market.

Future of the market:

The world growth of cancer which is majorly due to an increasing consumption of alcohol and tobacco products among the women due to it is expected to have stronger market growth in the coming year. lung may be the most common cancer in women worldwide in 20-30 years. The rising population and increasing birth rate will be key factor due which it is expected to have strong growth in the market in coming year. Also some policies like one child policy may be restraining factor for the market.

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Segments Covered in the Report

By Type

  • Devices
  • Consumables

By Product

  • Surgical
  • Diagnostics
  • Contraceptives
  • Labor & Delivery
  • Critical Care
  • Others

By Application

  • Chronic Diseases
  • General Health
  • Reproductive Health
  • Pelvic & Uterine Health
  • Cancer
  • Infectious Disease
  • Uterine Fibroids
  • Others

By End User

  • Hospitals & Clinics
  • Home Healthcare
  • Obstetrics & Gynecology Clinics
  • Diagnostic Laboratories
  • Ambulatory Surgical Centers
  • Others

By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

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Developments in the marketplace:

February 2, 2021-CooperSurgical completed acquisition of AEGEA Medical to acquire its Mara system. Mara is a water vapor ablation system. With this acquisition CooperSurgical is planning to grow its product offering. Mara is used to treat menstrual bleeding.

January 20, 2021- RB Group has completely acquired the Queen V. Queen V is one of the leading feminine wellness brand works towards improving the virginal health of the women.