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2019-06-18
310
Global
Market Overview
Women accounted for 49.6% of the total world population as of 2016 and yet the concern regarding women’s health stands neglected. While increase in public-private funding and grants for treatment of infertility like, National Infertility Association provides between USD 2,000 and USD 16,000 for infertility medication.
Goldstein Research analyst forecast the Women’s Health Market size is set to reach USD 39.2 billion by 2024, at a CAGR of 3.42% over the forecast years.
The report covers the present ground scenario and the future growth prospects of the Women’s Health Market for 2016-2024 along with the details of government initiatives worldwide regarding the women’s healthcare and the sales of devices and drugs. We calculated the market size and revenue share on the basis of revenue generated from major players across the globe.
By ProductType
By Application
Based on Geography
On the basis of application, contraceptives hold 31% share of the total women’s health market and is expected to maintain the hegemony over the market in the coming years, owing to the rising awareness of birth control methods. Currently, reproductive and urinary system related issues are the major ailments affecting women’s health worldwide as 30% of all the post-menopausal women in the U.S. and Europe are affected by osteoporosis, and women are more prone to urinary tract infections (UTI) as compared to men.
Women’s Health Market Outlook 2016-2024, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the global Women’s Health Market. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Global Women’s Health Market report also recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players.
Our global Women’s Health Market report comprises of the following companies as the key players: Neurocrine Biosciences, Gedeon Richter Plc, Ferring Pharmaceuticals, Enteris Biopharma, Bayer Healthcare, F. Hoffmann-La Roche AG, Pfizer Inc., Novo Nordisk, Allergan, Plc, Radius Health Inc., Agile Therapeutics, Teva Pharmaceutical Industries Ltd., Valeant Pharmaceuticals, Vertical Pharmaceuticals, and Veru Healthcare.
Other high-flying vendors in the market are: Amgen, Apothecus Pharmaceutical, AstraZeneca, Blairex Laboratories, Bristol-Myers Squibb, EffRx, Ferring International Center, GlaxoSmithKline, HLL Lifecare, Janssen Pharmaceutical, Lipocine, Ligand Pharmaceuticals, Lupin Pharmaceuticals, Mayer Laboratories, Medicines 360, Neurocrine Biosciences, Novartis, N ovo Nordisk, Pantarhei Bioscience, and Sanofi
According to our global market study on the basis of extensive primary and secondary research: “One trend is the concept of telehealth and its implementation for the women in case their family doctor isn’t equipped to handle questions specific to women’s health. For example, Maven Clinic, a telehealth company with hundreds of providers that sit inside and outside of the traditional medical system, including lactation consultants, midwives, family doctors, obstetricians, and physical therapists–and all of them were vetted for their ability to serve female patients. ”
According to the report, major driving factor for Women’s Health Market is improving the healthcare facilities in the countries by substantially increasing the healthcare budgets as a part of social security measure. For example, US government spend 17% of their GDP on the healthcare sector and introduction of preventive services for women without charging a copayment or coinsurance which includes anemia screening, contraception, syphilis screening, hepatitis B screening, Gonorrhea screening, etc.
Further, the report states the major challenge that is the under-financed and short-staffed public healthcare facilities, particularly in rural areas as the majority of healthcare professionals happen to be concentrated around urban areas where consumers have higher paying power, leaving rural areas underserved.
Based on geography, North America held the highest share i.e. 35% in the women’s health market in 2016 owing to boosting demand for women’s health products and physiological and emotional issues due to hormonal changes in women over 65 years (15% of female population). APAC is expected to witness substantial growth of 3.5% over the forecast period due to a large population base, government initiatives and increasing demand for contraceptives. Japan, China, India, Australia, and Singapore are the opportunistic market for women’s healthcare market because of the fact that 40% of the total population is aged 65 years and above with rising prevalence of breast cancer, endometriosis, and postmenopausal osteoporosis.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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Key questions answered in this Women’s Health Market report
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