Womens Health Diagnostics Market Size | Industry Analysis, Top Companies Business Growth, Advancement and Forecast

Posted by Johnny on April 6th, 2023

Thewomen’s health diagnostics market is projected to reach USD 36.6 billion by 2025 from USD 25.0 billion in 2020, at a CAGR of 7.9% during the forecast period. The growing awareness about various health-related disorders, rising incidence of chronic and lifestyle disorders, and the high prevalence of infectious diseases such as HIV and hepatitis in women across the globe, increasing adoption of POC diagnostic testing and the growth in the number of diagnostic and imaging centers support the growth of the market.

The growing prevalence of chronic diseases such as breast cancer, uterine cancer, and cervical cancer, among others, is one of the major drivers of the global women’s health diagnostics market. According to the WHO, breast cancer is the most common cancer among women, accounting for 25% of all cancer cases and 15% of all cancer deaths in women. The increasing prevalence of chronic diseases is resulting in an increasing demand for effective and early diagnosis of these diseases, which is driving the growth of the market.

In addition, the rising demand for personalized healthcare and the technological advancements in diagnostics methods such as next-generation sequencing, digital PCR, and mass spectrometry are some of the other drivers of the market.

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Top Lading Players: Quest Diagnostics Incorporated (US), Hologic, Inc. (US), Siemens AG (Germany), PerkinElmer, Inc. (US), F. Hoffmann-La Roche Ltd. (Switzerland), Cardinal Health, Inc. (US), General Electric Company (US), Becton, Dickinson and Company (US), Abbott Laboratories (US), bioMérieux SA (France), Koninklijke Philips N.V. (Netherlands), Guided Therapeutics, Inc. (US), SuperSonic Imagine (France), FUJIFILM Holdings Corporation (Japan), DIALAB GmbH (Austria), Carestream Health, Inc. (US), MedGyn Products, Inc. (US), Cook Medical, Inc. (US), Osteometer MediTech, Inc. (Denmark), and NeuroLogica Corporation (US)

Some Key Highlights from the Report:

1. The global women’s health diagnostics market is estimated to reach USD 36.6 billion in 2025, registering a CAGR of 7.9% during the forecast period (2020–2025).

2. The market is primarily driven by the increasing prevalence of gynecological disorders and the rising awareness about preventive healthcare.

3. In addition, the increasing number of women opting for early diagnosis and the rising demand for non-invasive diagnostics are also driving the growth of the market.

4. The rising prevalence of reproductive disorders, such as infertility and PCOS, is also expected to fuel the growth of the market.

5. Growing technological advancements in the diagnostics sector and the rising demand for personalized healthcare are expected to further propel the growth of the market.

6. On the basis of product, the market is segmented into imaging systems, laboratory instruments, reagents, and consumables.

7. Imaging systems segment held the largest share of the market in 2019, owing to the increasing demand for non-invasive diagnostic tests and the growing prevalence of gynecological disorders.

8. The laboratory instruments segment is expected to register the highest CAGR during the forecast period, owing to the growing demand for more accurate and cost-effective tests.

9. On the basis of application, the market is segmented into infertility, oncology, endometriosis, and other applications.

10. The infertility segment held the largest share of the market in 2019, owing to the rising prevalence of infertility and the increasing awareness about infertility treatments.

Segments covered in the report:

By Application

  • Osteoporosis Testing
  • OVC Testing
  • Cervical Cancer Testing
  • Breast Cancer Testing
  • Pregnancy & Fertility Testing
  • Prenatal Genetic Screening & Carrier Testing
  • Infectious Disease Testing
  • STD Testing
  • Ultrasound Tests

By End User

  • Hospitals & Clinics
  • Diagnostic and Imaging Centers
  • Home Care Settings

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Regional Outlook:

  •          North America (U.S.A., Canada, Mexico)
  •          Europe (Italy, U.K., Germany, France, Rest of Europe)
  •          Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  •          Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
  •          Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Questions Addressed in the Report:

  1.        What are the dominating factors that are influencing the growth of the industry?
  2.        In the forecast period, which market segment is expected to rise the most?
  3.        What are the risks and challenges that the industry is facing?
  4.        In the coming years, which area is projected to dominate the market?
  5.        Who are the major players in the market?
  6.        What kind of strategic business plans have they made?

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Joined: July 19th, 2022
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