Global Women's Health Devices Market Insights
Global women's health devices market size was valued at US$ 35.63 billion in 2021, and it is expected to reach a value of US$ 47.56 billion by 2028, at a CAGR of 8.4% over the forecast period (2022–2028).
In light of the current global situation, spending on women's health has significantly increased. The increased awareness of women's health issues and the steady rise in women's disposable incomes around the world are the main causes of this increase in spending. The market is also anticipated to be heavily driven by the rising occurrence of female cancers like breast and ovarian cancer as well as other conditions like uterine fibroids. The women’s health devices market is anticipated to grow significantly over the projected period as a result of all these reasons combined.
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Global Women's Health Devices Market Segmental Analysis
The global women's health devices market has been segmented based on end-user, application, and region. Based on application, the market is segmented into general health & wellness, cancers & other chronic diseases, reproductive health, pregnancy & nursing care, pelvic & uterine healthcare, and others. Based on end user, the market is segmented into hospitals & clinics, home healthcare, and others. Based on region, the women's health devices market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
Top Players in the Global Women’s Health Devices Market
- Siemens (Germany)
- Hologic, Inc. (US)
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China)
- Abbott (US)
- BD (US)
- F. Hoffmann-La Roche Ltd (Switzerland)
- Thermo Fisher Scientific (US)
- Koninklijke Philips N.V. (Netherlands)
- NeuroLogica Corp. (US)
- Shimadzu Corporation (Japan)
- BioMérieux SA (France)
- Carestream Health (US)
- Medgyn PRODUCTS, INC. (US)
Recent Development
- February 2021 – CooperSurgical announced the acquisition of U.S.-based AEGEA Medical and its FDA-approved Mara Water Vapor Ablation System, which is an endometrial ablation treatment.
- January 2021 – Reckitt Benckiser Group PLC announced the acquisition of Queen V, a female sexual wellness brand established in the US, focused on vaginal health.
Global Women's Health Devices Key Market Trends
- 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.
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