Women’s Health Market
Women’s Health Market (Treatment Type - Hormonal Treatment (Estrogen Therapy, Progestin Therapy, Combination Therapy, Thyroid Replacement Therapy, Parathyroid Hormone Therapy, and Others) and Non-Hormonal Treatment (Targeted Therapy Drugs, Antibiotics, Bisphosphonates, and Others); Disease Indication - Cancer (Breast Cancer, Cervical Cancer, Ovarian Cancer), Hypothyroidism, Post-Menopausal Syndrome, Osteoporosis, Contraceptive, Uterine Fibroid, Urinary Tract Infection, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
As a result of both gender-related and biological differences, being a woman or a man comes with a considerable impact on health. The health of a girl and woman has always been of particular concern as in several societies women are disadvantaged by the discriminations that are rooted deep into the socio-cultural factors. Such factors create a mindset that considers women’s health insignificant and renders them vulnerable to various diseases. A case in point is girls and women are more vulnerable to HIV/AIDS than men. However, there has been an increasing concern for women’s health from global agencies like World Health Organizations and with the developed nations formulating policies to protect the health of women. This factor is likely to work in favor of the global women’s health market over the period of forecast, from 2017 to 2025.
Some socio-cultural factors holding women back from being benefitted from various quality health services and attaining good health include the following:
- unequal power relationships shared between women and men in all spheres of life;
- exclusive emphasis on the reproductive role of women
- social norms discouraging paid employment opportunities and less or no education
- actual and potential experience of emotional, sexual, and physical violence
- poverty has been an important obstacle to attain positive health outcomes for both women and men and women. However, poverty tends to bestow women with heavier burden on women. For instance, use of unsafe cooking fuels, malnutrition affects mostly women as opposed to men.
The global women’s health market is likely to be adversely impacted by the ongoing outbreak of coronavirus across the globe. While the health of women, particularly in countries with a poor record in violence against women and health of women, continue to overlook the health-related needs of women, particularly working women who continue to work from home and do household chores at the same time. Several programs promoting health of women in both rural and urban areas have come to standstill. However, once tings return to normal, it is expected that there will renewed activities pertaining to promotion of women’s health, which is likely to bolster growth of the global women’s health market in the years to come.
Some of the leading firms in the global women’s health market comprise Apothecus Pharmaceutical Corporation, Ferring Pharmaceuticals, Bristol Myers Squibb Company, F. Hoffmann-La Roche Ltd, Lupin Pharmaceuticals, Inc., and Eli Lilly and Company. These companies are making use of various business strategies such as regional expansion, research and development activities for new products, and merger and acquisitions.
Rising Government Initiatives and Awareness to Shoot Up Demand in the Market
There has been a rise in the population of elderly women, i.e. women who are aged above 60 years, introduction of novel treatments and medicines for women, and augmented adoption of unhealthy lifestyle. These factors play significant role in boosting the global women’s health market over the tenure of assessment. In addition to that, favorable government policies, such as Indira Gandhi Matritva Sahyog Yojana in India to monitor the health of a mother, have been introduced to better the condition of women’s health. Government schemes are also aimed at raising the level of awareness about the health of women. Prevalence of such government schemes are likely to work in favor of the growth of the global women’s health market in the years to come.
Women are more vulnerable to diseases like obesity, depression, menstrual health-related disorders, anemia, osteoarthritis, and osteoporosis. There has been wide prevalence of these conditions amongst women and the incidences are rising with many of these conditions beginning quite early, such as osteoarthritis affecting women as young as 30 years. Rising prevalence of these medical conditions is likely to augur well for the global women’s health market for the period of analysis, from 2017 to 2025.
According to the findings of International Osteoporosis Foundation (IOF), a nongovernmental organization based out of Switzerland, incidences of osteoporosis amongst women is likely to reach a figure of 680 million by 2050. IOF is tasked with the treatment, diagnosis, and prevention of osteoporosis across the globe. Besides, mental illnesses, cardiovascular diseases, and breast cancer is likely to substantially add to the burden of non-communicable diseases amongst women. Most women are likely to undergo menopause after the age of 50, which creates hormonal changes and leave an undesirable impact of the quality of life of women. Many of the menopausal women experience hot flashes. The Society of Obstetricians and Gynecologists of Canada (SOGC), national medical society in Canada, presented an estimation that indicates at around 80.0% of women will suffer from at one of the side effects of menopause, which could be irritability or lack or interrupted sleep, and mood swings.
In addition to that, there have been changes in the dietary habits of women as well. More women have taken up consumption of alcohol and smoking, stress at work and home, frequent eating out and consumption of ready to eat food items have all contributed toward the deterioration of health of women. Change in lifestyle habits have caused hormonal imbalance and fertility issues in women, which is likely to support expansion of the global women’s health market in the enar future. These factors are estimated to promote growth of the global women’s health market in the years to come. Polycystic ovarian syndrome (PCOS), endometriosis, and ovulation problems are some of the major problems affecting the health of women.
Driven by the US, North America to Present Lucrative Growth Opportunities
It is estimated that North America, driven by the US, is likely to remain at the forefront of the growth of the global women’s health market over the tenure of assessment, from 2017 to 2025. Increased prevalence of women’s health therapeutics, thanks to the high investment made by both government and private agencies for drug research. These research and development activities have led to the invention of several advanced and sophisticated treatments for women, which is likely to support growth of the women’s health market in North America. In addition there has an increased focus on cancer care for women, which is likely to drive the market in the region. Presence of leading biotechnology and pharmaceutical firms in the region is another growth factor for the women’s health market in the region.
With the presence of a large untapped market, rise in government initiatives, and increasing awareness about the health of women are likely to offer rapid growth opportunities for the women’s health market in Asia Pacific in the years to come.
Global Women’s Health Market: Overview
This report on the women’s health market analyzes the current and future scenario of the global market. Rise in number of women facing menopausal condition, rising incidence of women’s diseases, growing awareness among people about the availability of treatment for women’s health related diseases, technological advancements and high R&D investments are major factors driving market growth.
The women’s health market report comprises an elaborate executive summary, which includes a market snapshot that provides information about various segments of the market. It also provides information and data analysis of the global market with respect to the segments based on treatment type, disease indication, and geography. A detailed qualitative analysis of drivers and restraints of the market and opportunities has been provided in the market overview section. In addition, the section comprises competitive matrix and company profiles with business overview to understand the competitive landscape in the market. This section of the report also provides market attractiveness analysis, by geography and market share analysis by key players, thus presenting a thorough analysis of the overall competitive scenario in the women’s health market.
Global Women’s Health Market: Segmentation
Based on treatment type, the market has been segmented into hormonal treatment and non-hormonal treatment. Hormonal treatment segment is subdivided into estrogen therapy, progestin therapy, combination therapy, thyroid replacement therapy, parathyroid hormone therapy, and others. While non-hormonal treatment segment considers cancer targeted therapy drugs, antibiotics, bisphosphonates, and others (vitamin D treatment, calcitonin, RANK-Ligand, non-steroidal anti-inflammatory drugs etc.). The treatment type market segments have been analyzed based on available approved drugs, cost-effectiveness, and prevalence rate by geography. The market size in terms of value (US$) and forecast for each of these segments have been provided for the period from 2015 to 2025, along with their respective CAGRs for the forecast period from 2017 to 2025, considering 2016 as the base year.
Based on disease indication, the women’s health market has been segmented into following categories: cancer, hypothyroidism, post-menopausal syndrome, osteoporosis, contraceptive, uterine fibroid, urinary tract infection, and other disease indications. The market segments have been extensively analyzed based on new product launches, incidence and prevalence rate, and prescription pattern. The market size and forecast in terms of US$ Mn for each segment have been provided for the period from 2015 to 2025. The report also provides the compound annual growth rate (CAGR %) for each market segment for the forecast period from 2017 to 2025, considering 2016 as the base year.
Global Women’s Health Market: Regional Outlook
Geographically, the global women’s health market has been categorized into five major regions and the key countries in the respective region: North America (the U.S., Canada), Europe (the U.K., Germany, France, Spain, Italy, and Rest of Europe), Asia Pacific (India, China, Japan, Australia & New Zealand and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America) and Middle East & Africa (South Africa, GCC countries and Rest of Middle East & Africa). The market size and forecast for each of these regions and the mentioned countries have been provided for the period from 2015 to 2025, along with their respective CAGRs for the forecast period from 2017 to 2025, considering 2016 as the base year. The research study also covers the competitive scenario in these regions.
The report also profiles major players in the global women’s health market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments. The major players in the women’s health market are – Eli Lilly and Company, Novartis AG, Pfizer, Inc., Merck & Co., Inc., Novo Nordisk A/S, Amgen Inc., Lupin Pharmaceuticals, Inc., AstraZeneca, F. Hoffmann-La Roche Ltd., Sanofi, Allergan Plc, Bayer AG, GlaxoSmithKline plc, and Johnson & Johnson and others.
The global women’s health market is segmented as given below: