Overview and Scope
Women’s health diagnostics refers to medical tests and procedures used to evaluate and diagnose various health conditions and diseases that specifically affect women. These diagnostics are important for identifying health issues early on and providing appropriate treatment and management to improve outcomes and quality of life.
Sizing and Forecast
The womens health diagnostics market size has grown strongly in recent years. It will grow from $32.9 billion in 2023 to $35.56 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to increased awareness and education, risen female population over 40, government initiatives for women’s health, preventive healthcare trends, changed lifestyles and health concerns.
The womens health diagnostics market size is expected to see strong growth in the next few years. It will grow to $49.27 billion in 2028 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to rising incidence of reproductive health issues, growing aging population of women, advancements in personalized medicine, expanding role of genetic testing, increased focus on non-communicable diseases. Major trends in the forecast period include menopause management, preventive and early detection, inclusivity and diversity, pandemic-driven digitalization, environmental and lifestyle considerations.
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Segmentation & Regional Insights
The womens health diagnostics market covered in this report is segmented –
1) By Type: Accessories And Consumables, Diagnostic Tests, Diagnostic Devices
2) By Application: Osteoporosis Testing, Ovarian Cancer Testing (OVC), Cervical Cancer Testing, Breast Cancer Testing, Pregnancy And Fertility Testing, Prenatal Genetic Screening And Carrier Testing, Infectious Disease Testing, Sexually Transmitted Diseases (STD) Testing, Ultrasound Tests
3) By End User: Hospitals And Clinics, Diagnostic And Imaging Centers, Homecare, Other End Users
Top 5 Major Players:
North America was the largest region in the women’s health diagnostics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global women’s health diagnostics market report during the forecast period. The regions covered in the womens health diagnostics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The rise in the prevalence of chronic diseases is expected to propel the growth of the women’s health diagnostics market going forward. Chronic diseases are long-lasting conditions that typically progress slowly over time and require ongoing management and care. The rising prevalence of chronic illnesses leads to an increased demand for women’s health diagnostics that aid in the identification and tracking of conditions such as breast cancer, cervical cancer, and reproductive disorders. For instance, in January 2023, according to the National Library of Medicine, a US-based agency, the number of people in the US aged 50 and older who have at least 1 chronic condition would increase to 142.66 million by 2050. Therefore, the rise in the prevalence of chronic diseases in women is driving the growth of the women’s health diagnostics market.
Key Industry Players
Major companies operating in the womens health diagnostics market report are Becton Dickinson And Company, F. Hoffmann-La Roche AG, General Electric Company, Koninklijke Philips N.V., Quest Diagnostics Incorporated, Siemens Healthineers, Abbott Laboratories, BioMérieux SA, Hologic Inc., PerkinElmer Inc., Cardinal Health Inc., Alere Inc., Carestream Health Inc., Mankind Pharma Limited, Procter & Gamble Co., Trinity Biotech plc, Medgyn Products Inc., URIT Medical Electronic Co. Ltd, Sonic Healthcare Limited, Fujifilm Holdings Corporation, Thermo Fisher Scientific Inc., Illumina Inc., Myriad Genetics Inc., Agilent Technologies Inc., Bio-Rad Laboratories Inc., Danaher Corporation, Genomic Health Inc., Invitae Corporation, Natera Inc., QIAGEN N.V., Opko Health Inc., Sysmex Corporation, Exact Sciences Corporation, Foundation Medicine Inc., Laboratory Corporation of America Holdings, NeoGenomics Laboratories Inc.
The womens health diagnostics market report table of contents includes:
1. Executive Summary
2. Womens Health Diagnostics Market Characteristics
3. Womens Health Diagnostics Market Trends And Strategies
4. Womens Health Diagnostics Market – Macro Economic Scenario
5. Global Womens Health Diagnostics Market Size and Growth
…
31. Global Womens Health Diagnostics Market Competitive Benchmarking
32. Global Womens Health Diagnostics Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Womens Health Diagnostics Market
34. Womens Health Diagnostics Market Future Outlook and Potential Analysis
35. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Womens Health Diagnostics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Womens Health Diagnostics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Womens Health Diagnostics Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
….
Table 74: Becton Dickinson And Company Financial Performance
Table 75: F. Hoffmann-La Roche AG Financial Performance
Table 76: General Electric Company Financial Performance
Table 77: Koninklijke Philips N.V. Financial Performance
Table 78: Quest Diagnostics Incorporated Financial Performance
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