Global Women Health Devices/Diagnostics Market: Overview
The global women health devices/diagnostics market has grown at a rapid pace in the past few years due to increase in number of menopausal conditions among women. Changing lifestyles and poor dietary habits are also expected to contribute to the growth of the market in terms of revenue. Gynecology is the fundamental branch of medicine concerned with female health issues. This incorporates the wellbeing related issues, their screening and testing methodology. Female body is exceptionally inclined to different cancerous growths, for example, breast, cervical, and ovarian cancerous growths. Other medical problems include infertility, polycystic ovarian disorder, menopause, osteoporosis, depression, and obesity.
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Global Women Health Devices/Diagnostics Market: Drivers and Restraints
Increase in prevalence of gynecological disorders such as cervical cancer, menorrhagia, uterine fibroids, and a number of small ailments is the major factor driving the global women health devices market. Rise in availability of diagnostic services and increase in awareness about therapeutics for gynecological diseases drive demand for women health devices in developing countries. Global health organizations and efforts of voluntary organizations for the betterment of women health in underdeveloped countries are also fueling demand for women health devices. These organizations conduct women health check-ups periodically for preventive care. Additionally, modern lifestyle and personal and professional stress have been key factors behind gynecological disorders. Women in urban areas tend to seek medical help for women-centric ailments that may impact the quality of life. Increase in population of elderly women is also a key factor driving demand for women health devices/diagnostics. Increase in R&D initiatives by leading companies for the introduction of highly reliable and non-invasive devices is boosts the growth of the gynecological devices market.
Global Women Health Devices/Diagnostics Market: Key Segments
The global women health devices/diagnostics market can be segmented based on application (osteoporosis, cancer, UTIs, gynecology and fertility, and osteoporosis) and end-user (clinical diagnostics laboratories, hospitals, and home care settings). The ovarian cancer segment can be further sub segmented into tumor marker tests, imaging tests and others. The osteoporosis segment can be sub-segmented into bone densitometry and in vitro blood tests. The pregnancy and fertility testing segment can be divided into pregnancy and ovulation kits, ovulation prediction kits, thermometers, and fertility monitors. The breast cancer testing segment can be further sub segmented into biopsies, mammography systems, tumor marker tests, blood count tests, and others.
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Geographically, the global women health devices/diagnostics market can be segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America and is projected to be the largest women health devices/diagnostics market section because of expanded interests in innovation in technologies bringing about new, advanced techniques with more particular instrument of activity; more spotlight on cancer treatment, and focal point of the world’s significant pharmaceutical and biotechnology associations in the region. The women health devices/diagnostics market in Asia Pacific is projected to grow at a rapid pace during the forecast period. Increase in patient population and advancement in health care services fuel the growth of the women health devices/diagnostics market in the region.
Global Women Health Devices/Diagnostics Market: Key Players
Major players in the global women health devices/diagnostics market are Siemens AG, Hologic, Inc., F. Hoffmann-La Roche AG, PerkinElmer, Inc., GE Healthcare, Becton, Dickinson and Company, bioMérieux SA, and Quest Diagnostics, Inc.