Women's Health Market Is Predicted To Grow Swiftly Due To Rising Incidence Of Target Disorders Till 2025: Grand View Research, Inc.
The
global women’s health market is expected to reach USD
51.3 billion by 2025, according to a new report by Grand View Research, Inc.
Increasing female geriatric population, introduction of various drugs related
to women’s health, and favorable government policies are some of the factors
expected to drive growth during the forecast period.
Women
are more prone to certain diseases, such as osteoporosis, osteoarthritis,
anemia, menstruation-related disorders, depression, and obesity. Hence,
increase in incidence of these conditions is likely to boost the market in the
coming years. According to International Osteoporosis Foundation, global
prevalence of osteoporosis among women was over 200.0 million in 1990, and this
is anticipated to reach 680.0 million in 2050.
Government
and various private organizations are working toward improving women’s health
across the world, and this is likely to drive growth in the coming years.
Reimbursement coverage provided to women is also a key factor driving the
market in developed countries. For instance, various coverage plans in the U.S.
provide preventive services for women without charging any copayment. These
include screening for anemia, hepatitis B, & breast cancer on a routine
basis, folic acid supplements for women who are likely to be pregnant, and
contraceptive methods, among others.
Browse full
research report on Women's Health Market: www.grandviewresearch.com/industry-analysis/womens-health-market
Further key
findings from the report suggest:
- Presence
of a large female geriatric population, which is susceptible to chronic
diseases, is expected to boost growth
- In
2016, postmenopausal osteoporosis accounted for the largest share of the
market due to high incidence of osteoporosis in women after menopause,
presence of several major players, and cost-effectiveness of this
treatment
- Contraceptive
segment is likely to witness fastest growth during the forecast period due
to increase in awareness and usage, government initiatives, technological
developments, and favorable regulatory scenario. For instance, in June
2017, Agile Therapeutics, Inc. resubmitted an NDA for Twirla, an
investigational low-dose combined hormonal contraceptive patch
- Geographically,
North America held the largest share of more than 30% in 2016 due to
presence of major market players, high awareness about regular health check-ups
for women, coverage for screening, and increased healthcare expenditure
- Asia
Pacific is expected to exhibit fastest growth during the forecast period
due to increasing investments by players in the region, rising awareness
about women’s health, and initiatives by various governments and private
organizations to improve awareness and access to women’s health products
- Some of
the key players operating in the women’s health market are Allergan; Bayer
AG; Merck & Co., Inc.; Pfizer, Inc.; Teva Pharmaceutical Industries
Ltd.; Agile Therapeutics; Amgen, Inc.; AstraZeneca; Bristol-Myers Squibb
Company; and Ferring B.V.
Browse more
reports of this category by Grand View Research: www.grandviewresearch.com/industry/healthcare
Grand View Research has segmented the global women’s health market on the
basis of application and region:
Application
of Women’s Health Outlook (Revenue, USD Million, 2014 - 2025)
- Postmenopausal
Osteoporosis
- Infertility
- Endometriosis
- Contraceptives
- Menopause
- Polycystic
Ovary Syndrome (PCOS)
Regional
Outlook (Revenue, USD Million, 2014 - 2025)
- North
America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- Asia
Pacific
- Japan
- China
- Latin
America
- Brazil
- Mexico
- Middle
East & Africa
- South
Africa
Access
Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-womens-health-market
About Grand
View Research:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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