Global Women Healthcare Market – Overview
Women healthcare which was previously not given appropriate attention, has developed in a major way by increased investments from reputed firms in this industry. Market focused reports related to the healthcare sector among others recently have been made available by Market Research Future which publishes reports on this market. The market for women healthcare is anticipated to expand at a steady CAGR of 5.04 percent in the duration of the forecast period.
Women healthcare issues such as pregnancy, menopause, menstruation, cancer related to the anatomy of women lacked products and devices to treat or counteract the symptoms of these ailments. Lack of awareness of the issues faced by women had restricted the growth potential of the market to a great extent. As the hold of women decision makers has increased in the healthcare domain, the market outlook continues to appear positive for the forthcoming years. The development of the market has also opened new avenues for growth that have attracted new and established firms in the past few years. Government reforms and initiatives for backing up women healthcare initiatives will fuel further expansion of the market in the forthcoming years.
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Women Healthcare Industry Segments
The market for women healthcare is segmented on the basis of treatment, diagnosis, indications and end users. The treatment based segment of the industry has been segmented into surgeries, therapeutics and others. The diagnosis segment of the industry has been segmented into diagnostic imaging tests, ovulation testing, bone densitometry, biopsies and others. The market on the basis of indications comprises of polycystic ovary syndrome, infertility, postmenopausal osteoporosis, reproductive health management, gynecologic cancer and others. The gynecologic cancer segment has been additionally segmented into breast, ovarian or other types of cancer. Hospitals & clinics, research institutes, gynecology centers and others are included in the end users segment of the market.
Women Healthcare Detailed Regional Analysis:
The regional analysis of the women healthcare market comprises of regions such as Europe, North America, Asia-Pacific and Middle East and Africa. The North American region controls the major market share and is estimated to achieve USD 21,782.6 million in revenues by 2023 owing to a well-developed economy and increased initiatives launched to promote women healthcare in the region. Factors such as high cost of treatments and diagnosis, on the other hand are hampering the market expansion in the Middle East & African region, while the Asia Pacific nations are estimated to be the fastest growing regions with a CAGR of 5.46 percent in the forecast period.
Global Women Healthcare Market Competitive Analysis:
The market value of the industry has been enhanced by the constantly delivery of customer value. The market contenders are devising their blueprints for corporate strategy in a way can bring about the best outcomes for development in the current scenario, while also concurrently enhancing their product’s value. The opportunity for development in the industry appears to be promising through the forecast period. The capability to fuel competitive capabilities is one of the chief causes powering their efforts in this period. The escalating levels of diversification in the industry, have allowed the companies to utilize many opportunities available in the industry. The firms in this market are adapting to the state of events by implementing portfolio upgrades and maintaining financial liquidity. Moreover, the contenders are handling the competitive environment by driving the market growth factors to their advantage.
The industry for women healthcare globally includes important contenders such as Becton Dickinson and Company (U.S.), Eli Lilly Company (U.S.), Allergan plc. (Ireland), Bayer A G (Germany), Amgen (California), Pfizer Inc., (U.S.), Teva Pharmaceuticals (Israel) and Merck & Co., Inc., (U.S.).
Women Healthcare Industry Updates:
April 2018 The global medical technology leader, Boston Scientific, has recently acquired nVision Medical Corporation which is a privately-held company concentrating on women’s health. The firm nVision has developed their first device approved by the US Food and Drug Administration to gather cells from the fallopian tubes, creating a potential platform for early diagnosis of ovarian cancer. Recent studies have also confirmed that quite a few of the major types of ovarian cancer seem to originate from the fallopian tubes.
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MAJOR TABLE OF CONTENTS:
1 REPORT PROLOGUE
2 MARKET INTRODUCTIONS
2.2 SCOPE OF STUDY
2.3 RESEARCH OBJECTIVE
2.4 ASSUMPTIONS & LIMITATIONS
2.5 MARKET STRUCTURE
3 RESEARCH METHODOLOGIES
3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
4 MARKET DYNAMICS
4.2.1 INCREASING POOR HEALTH CONDITIONS IS MAJOR CAUSE FOR FEMALE-SPECIFIC HEALTH ISSUES
4.2.2 GROWING EMPHASIS ON PREVENTIVE CARE SERVICES
4.2.3 INITIATIVES TAKEN TO PROMOTE WOMEN HEALTHCARE
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