Women’s Health Diagnostics Market Size Estimated To Be $52.1 Billion By 2029, MMR Study

MAXIMIZE PRIVATE LIMITED MARKET RESEARCH

The size of the women’s health diagnostics market was valued at $27.1 billion. in 2021, and total Women’s Health Diagnostics revenue is expected to grow 8.5 percent from 2022 to 2029 to nearly $52.1 billion.

Pune, Jan. 04, 2023 (GLOBE NEWSWIRE) — The Global Women’s health diagnostics market it is estimated to reach $52.1 billion by 2029, up from $27.1 billion in 2021, a CAGR of 8.5%, says Maximize Market Research.

Scope of the Women’s Health Diagnostics Market Scope and Research Methodology:

The report on the Women’s Health Diagnostics Market covers the main drivers, challenges, restraints, and profitable opportunities of the market. The report analysis provides an analytical representation of the market as well as current trends and future forecasts to identify potential investment opportunities. Maximize Market Research segmented the global Women’s Health Diagnostics market report by application, end-user, and region. Porter’s Five Forces study shows how buyers and suppliers can develop supplier-buyer networks and make profit-driven decisions.

The report uses a bottom-up approach to validate market estimates by segments and regions. Thus, the tailored report serves as a comprehensive guide for clients to formulate developing growth prospects and business and marketing plans. Primary research was conducted through emails, telephone conversations, referrals, professional networks and formal interactions to develop an understanding and expertise of the market.

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Overview of the global women’s health diagnostics market

Many tests can be used to detect problems affecting women’s health. The use of medical diagnostic equipment such as mammography, imaging and monitoring systems, biopsy tools, and others assists physicians in disease screening and diagnosis by identifying cancer, clearing blockages, and imaging within organs. Breast cancer, ovarian cancer, cervical cancer, menopause and pregnancy are just a few of the many women’s health problems that are found by screening, testing or diagnosis. Increased use of point-of-care diagnostic tests, as well as an increase in the number of diagnostic and imaging facilities, are likely to drive market growth during the forecast period.

Global Women’s Health Diagnostics Market Dynamics

Early diagnosis of any health problem is crucial using digital and mobile mammography, such as breast MRI, ultrasound and bone density testing. Advances in medical science offer lucrative opportunities to address women-focused issues such as infectious infections, osteoporosis, and breast cancer. This should benefit the market. Breast cancer is the most common cancer in women and the second most common cancer in the world. A large increase in the number of women with breast cancer is expected to increase the need for breast cancer diagnoses. Organic growth strategies such as product launches, advanced product development, and product approvals are being pursued by key players in the women’s health diagnostics market. To gain a competitive edge in the market, they have utilized various inorganic techniques such as mergers and acquisitions and partnerships.

However, the high cost of imaging technology and the lack of trained professionals limit market growth. On the other hand, the increase in demand for advanced technologies has increased the availability of diagnostic centers and the growth in the number of advancements and strategic collaborations by key diagnostic device players offers new opportunities in the coming years.

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Regional insights into the global women’s health diagnostics market

North America is expected to have a sizable market share due to the large prevalence of cancer among women, higher incidence of lifestyle-related diseases, high adoption of technologically advanced products, new launches and efforts of the government. Additionally, the growth can be attributed to an increase in the prevalence of cancers in women, such as breast and ovarian cancer, as well as other chronic diseases in the region. According to the July 2022 Breast Cancer Facts and Statistics report, women in the United States are expected to be diagnosed with 287,850 new cases of invasive breast cancer and 51,400 new cases of noninvasive (in situ) breast cancer in 2022. As a result, the rising prevalence of breast cancer is expected to increase the demand for women’s health diagnoses, driving the growth of the market.

Segmentation of the global women’s health diagnostics market

By application:

  • Breast cancer test

  • Cervical cancer test

  • Ovarian cancer test

For final use:

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Key Competitors of the Global Women’s Health Diagnostics Market:

  • Built-in Quest Diagnostics

  • Hologic, Inc.

  • Siemens AG

  • PerkinElmer, Inc.

  • F. Hoffmann-La Roche SA

  • Cardinal Health, Inc.

  • General Electric Company

  • becton

  • Dickinson and company

  • Laboratories Abbott

  • bioMérieux SA

  • Royal Philips NV

  • Guided Therapies, Inc.

  • SuperSonic Imagine

  • FUJIFILM Holding Corporation

  • DIALAB GmbH

  • Carestream Health, Inc.

  • MedGyn, Inc. Products

  • Cook Medical, Inc.

  • MediTech Osteometer, Inc

  • Neurological Society

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The key questions answered in the global Women’s Health Diagnostics market are:

  • What is the growth rate of the global Women’s Health Diagnostics market over the forecast period?

  • What is the study period of the Women’s Health Diagnostics market?

  • What is the nature of the competition in the global women’s health diagnostics industry in developed economies and developing economies?

  • Who are the top five key players in the Women’s Health Diagnostics market?

  • What will be the future innovation in the women’s health diagnostics market in the next six years?

  • Which application will drive the largest market share?

  • What are the growth drivers, restraints and challenges of the Women’s Health Diagnostics industry?

  • What will be the CAGR and market size of the Women’s Health Diagnostics for the base year and the forecast period?

Key Offers:

  • Market Share, Market Size, Growth Rates and Revenue Forecast | 2022-2029

  • Market dynamics: growth drivers, restraints, investment opportunities and key trends

  • Market segmentation: a detailed analysis by application, end user and region.

  • Competitive landscape: the best key players and other top suppliers

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consultancy firm with professionals from different sectors. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communications, automobiles and automobiles, products and chemicals, general merchandise, beverages, personal care, and automated systems. We provide market-verified industry estimates, technical trend analysis, crucial market research, strategic consulting, competitive analysis, production and demand analysis, and customer impact studies, to name a few.

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