The [FURL=https://www.industryarc.com/Research/Womens-Health-Market-Research-508530?utm_source=briefingwire&utm_medium=pressrelease&utm_campaign=paidpressrelease]Women’s Health Market[/FURL] size was estimated at $32.4 billion in 2020, projected to grow at a CAGR of 4.2% during the forecast period 2021-2026. Women's health is the field of medicine concerned with the prevention and diagnosis of diseases and disorders affecting a woman's physical and emotional well-being. Women's health encompasses a broad variety of specialties and focus areas, including Postmenopausal Osteoporosis, Infertility, Endometriosis, Contraceptives, Menopause, and Polycystic Ovary Syndrome among others. Additionally, Changes in eating patterns, stress, and alcohol intake are also important contributors to hormonal imbalance in women.Women are likely to have fertility problems as a result of this. The most common causes of infertility are ovulation complications, endometriosis, and polycystic ovarian syndrome (PCOS). Moreover, women's well-being is a priority for governments and private organizations all over the world.
Key Takeaways
Geographically, The North America region held 40.7% of the total market share in 2020 owing to the rising adoption of the women’s health products and supportive government programs and policy’s.
increase in the population of women over 60, an increase in the adoption of unhealthy lifestyle habits, and the launch of novel medicines for women are the major driving force for Women’s Health Market during forecast period 2021-2026.
Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Women’s Health Market.
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Women’s Health Market Drivers
Increasing incidence of Chronic Disease
Frequent outbreaks of diseases, such as anemia, osteoporosis, breast cancer, and menopause, have sparked a surge in demand for products to treat these illnesses affecting women. Growing public understanding of these diseases, their adverse consequences, and potential early detection and treatment approaches to avoid future outbreaks are expected to drive global market development. Furthermore, the easy availability of several medicines to treat hormonal imbalances along with the increasing investments by key market player and government organizations around the world, is set to propel the market forward during the forecast period 2021-2026.
Women’s Health Market Landscape:
Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Women’s Health Market. Key companies of this market are Allergan, Bayer AG, Merck & Co., Inc., Pfizer, Teva Pharmaceuticals, Agile Therapeutics, Amgen, Inc., AstraZeneca, Bristol-Myers Squibb and Ferring B.V.
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