Women’s Health Market size was valued at USD 36.5 billion in 2016 and is expected to reach USD 51.3 billion by 2025, with a CAGR of 3.9%. Being a man or a woman has an important impact on health; as a result of both biological and gender-related differences. The health of women and girls is of particular concern because in many societies they are disadvantaged by judgment rooted in sociocultural factors. The general practice management of women’s health involves a general patient-centered approach toward the physical, mental, and emotional health of women, their families, and their relationships. Women’s health needs to be understood in the perspective of their psychological and cultural environment.
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The key driving factors responsible for the growth of Women’s Health
market :
In 1900, a woman’s lifespan was
about 50 years but now in the new millennium, average life expectancy for
American women is 82 years of age, and it is continuing to rise. Gynecology is
the primary branch of medical science concerned with women’s health issues. The
National Institutes of Health (NIH) established Women’s Health Initiative (WHI)
in 1991 to address the most common causes of death, disability, and impaired
quality of life in postmenopausal women. The Agency of Healthcare Research and
Quality (AHRQ) supports research on all aspects of healthcare provided to
women.
With many countries pitching for
improving the healthcare facilities for women, the market for women’s health
will have a positive viewpoint in the years to come. As a part of social security
measure many countries have considerably increased their healthcare budgets.
The U.S. government spent 17% of their GDP on the healthcare sector in 2014.
Women’s Health Market is
segmented on the basis of application and analysis, drug class, and region.
Segmentation by application and analysis of women’s health market covers
Postmenopausal osteoporosis, Infertility, Endometriosis, Contraceptives,
Menopause, Polycystic ovary syndrome (PCOS). Endometriosis is a problem
affecting a woman’s uterus; the place where a baby grows when a woman is
pregnant. The misplaced tissue can cause pain, infertility, and very heavy
periods. Polycystic ovary syndrome happens when a woman’s ovaries or adrenal
glands produce more male hormones than normal.
Women with PCOS are at higher
risk of developing diabetes and heart disease. Women who can get pregnant but
unable to stay pregnant is also considered as infertile. About 10% (6.1
million) of women in United States aged 15-44 years have difficulty getting
pregnant or staying pregnant. A woman has reached menopause when she has not
had a period for 12 months in a row (45-55 age). Menopause happens because the
woman’s ovary stops producing the hormones estrogen and progesterone.
Contraception is a method of
birth control available to prevent unintended pregnancy. Osteoporosis is of
major concern among post-menopausal women and this disease is projected to
affect around 20 percent of post-menopausal women. The disease is characterized
by substantial loss of bone mass and increasing the risk of serious fractures.
Currently the menopause therapeutics market is determined by hormone
therapeutics. In 2015, the postmenopausal osteoporosis segment conquered the
market and accounted for more than 37% of the market share.
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