Pune, India, December 21, 2020 (GLOBE NEWSWIRE) – The the size of the global women’s health market It is expected to reach 41.05 billion USD by 2027, showing a CAGR of 3.2% in the forecast period. COVID-19 pandemic disease appears to reinforce the importance of women’s health and boost the market, observes Fortune Business Insights ™ in its report. The disease caused by coronavirus, which has affected more men than women worldwide, has highlighted the issue of women ‘s health. The UN policy summary released in April 2020 said that women are holding less secure jobs and earning lower wages, which makes them very vulnerable to the ill effects of the disease. spread this. More importantly, as the pandemic worsens, it is inevitable that women’s health will suffer.
Business Developments:
- September 2020: Health & Her, a Cardiff-based female wellness expert, has introduced an app to help women navigate the menopausal journey, which includes exercise tips, time tracking, and symptom assessment. The company also launched a new development area called ‘Health & Her Perimenopause and Menopause Food Supplements’.
- September 2020: Evofem Biosciences announced that Phexxi, its non-hormonal prescribed vaginal gel, has been released commercially in the US. The product is designed to prevent pregnancy in women of childbearing age and can be used as an on-demand contraceptive.
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Increasing the incidence of diseases based on women to help with growth
A key feature supporting the growth of the women’s health market is that there are more specific diseases and disorders for women across the globe. For example, the 2018 GLOBOCAN report by the International Agency for Research on Cancer (IARC) showed that 2.1 million female breast cancer studies in 2018, made up about 11.6% of the total global cancer burden.
Further, female breast cancer was the fifth leading cause of death, contributing 6.6% of total global deaths in 2018. Another key example is osteoporosis in women, a disease that most commonly affects on women with menopausal, causing a decrease in bone density. The National Osteoporosis Foundation, for example, estimates that 20% of Caucasian women aged 50 and older have osteoporosis.
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Due to the complex internal body dynamics, the management of women’s health, especially after pregnancy and post-menopause, when hormonal imbalances are known to occur, requires a high level of efficiency and precision. Products designed to effectively manage women’s heart disease will therefore be crucial in expanding this market in the coming years.
Spending heavily on women’s health care to stop market growth in North America
North America is expected to emerge as a major revenue generator for this market during the forecast period, having recorded a market size of USD 18.00 billion in 2019. It is the main reason for the sector’s leadership in the market segment is the large amount of funds allocated to improve women’s health care across the US and Canada. This is due to the growing awareness of health issues and the growing incidence of certain diseases for women in the region.
The development of healthcare infrastructure, especially in eastern European countries, is expected to strengthen Europe’s position as the second largest segment in this market. Asia Pacific is expected to grow at the highest CAGR due to the rise in awareness of the importance of women’s health.
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Launch of Digital Health Solutions for Women to Fuel Innovation
Some of the key players in this market that specializes in women’s wellness and health are coming up with digital solutions that break down pathways to address the specific health issues facing women. . These solutions aim to allow women to take care of themselves without compromising their daily routines.
List of major companies covered in this market report:
- Agile Therapeutics (New Jersey, USA)
- LUPINE (Mumbai, India)
- Merck & Co., Inc. (New Jersey, USA)
- Amgen Inc. (California, United States)
- Bayer AG (Leverkusen, Germany)
- AstraZeneca (Cambridge, UK)
- Eli Lilly and Company (Indiana, United States)
- Novartis AG (Basel, Switzerland)
- Pfizer Inc. (New York, United States)
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Contents:
- Introduction
- Scope of research
- Market view
- Research Methodology
- Explanations and assumptions
- Government Minutes
- Market dynamics
- Market drivers
- Market barriers
- Market opportunities
- Key views
- Frequency of disorders related to women, by main country / region
- Launch of new product
- Major unions, acquisitions, and partnerships
- Key industry trends
- Impact of COVID-19 on the Women ‘s Health Market
- Women’s health market analysis, vision and forecast, 2016-2027
- Main Findings / Summary
- Market Analysis, Outlook and Forecast – By Request
- Contraceptives
- Osteoporosis
- Menopause
- Infertility
- Others
- Market analysis, vision and forecast – by circulation channel
- Hospital Pharmacy
- Retail Pharmacy
- Online pharmacy
- Market analysis, vision and forecast – by region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
TOC continues….!
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A SECOND RESEARCH IS CARRIED OUT FOR THE FOLLOWING INFORMATION:
- Details such as revenue, market share, strategies, growth rate, output & prices by region / country for all major companies
- Details of frequency, frequency, patient numbers, patient circulation, average price of treatment, etc.
- Number of end-user facilities by region / country and average annual consumption or supply of equipment by type of end-user facility
- Number of procedures and average price of procedures
- Replacement rate and capital equipment prices
- Market dynamics regarding the market under focus – Drivers, restrictions, trends, and opportunities
- Market & technology trends, new product developments, product pipeline.
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