Women Health Devices Market Growth Analysis by Product, Application, Industry Players and Regional Outlook 2025
Category: #health  By Ashwin Naphade  Date: 2019-08-14
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Women Health Devices Market Growth Analysis by Product, Application, Industry Players and Regional Outlook 2025

Women Health Devices Market size was valued at USD 27.1 billion in 2018 and is expected to witness 6.6% CAGR from 2019 to 2025. The uncompromising focus on tackling critical healthcare conditions like breast cancer and other chronic ailments have led to propelling growth of women health devices market lately. According to the World Cancer Research Fund reports, in 2018, there were around 18 million cases of cancer worldwide, of which 8.5 million were primarily identified in women. Moreover, the top three cancers, namely breast, lungs and colorectal, were reported to contribute to around 43.9% of all identified cancers in women worldwide. Needless to say, with such growing global burden, prevention of cancer in women has become one of the key public health concerns of the 21st century.

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Talking of the criticality of these conditions at a global level, breast cancer is touted as one of the most frequent cancers among women, impacting about 2.1 million women each year, and further causing the highest number of cancer related deaths, according to WHO. In the year 2018, the condition was estimated to cause around 627,000 deaths, which is about 15% of all cancer deaths among women.

Certainly, with such swelling figures, researchers and healthcare players are extensively focusing on developing effective clinical devices to help detect and prevent acute health conditions in women at an early stage. For instance, in May 2019, researchers in the U.S. successfully developed and tested an easy-to-use, noninvasive bioimpedance spectroscopy device that can detect early signs of cancer known as lymphedema that occurs mainly after a breast cancer surgery, dropping the risk of cancer by nearly 70% in women. A slew of such technological advancements in pipeline suggest a highly lucrative roadmap for women health devices industry in the years ahead.

Women health devices market | Use of surgical mesh and its repercussions

The women health devices market has seemingly helped suppress cases of pelvic floor disorders in women worldwide. For the uninitiated, Pelvic organ prolapse (POP) is a type of pelvic floor disorder that occurs in women having weak pelvic floor muscles which makes it difficult to hold their organs in place. Organs more likely to get subjected to prolapse include the uterus, bladder, rectum, vagina, and urethra, ill functioning of which can increase complications in women at the time of childbirth and pregnancy.

The increasing prevalence of non-hormonal contraceptive devices in the U.S

Over the past few decades, there has been a drastic surge in development of newer contraception methods such as hormonal methods (for ex. pills), barrier methods (condoms), non-hormonal methods (intrauterine device), long acting reversible methods (implants) and sterilization. However, to avoid potential side-effects or other health-related factors, women are increasingly relying on non-hormonal method like intrauterine devices (IUD) intrauterine systems (IUS) lately.

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Certainly, both IUS and IUD are long acting reversible contraceptives, which means that women can avoid pregnancy for about 3-5 years or 5-10 years respectively with such devices depending on the brand they used. Moreover, with an effectiveness rate of above 99%, IUDs can be used as a form of emergency contraception if inserted within 5 days after unprotected sex. Factors that have lured women in using such products are attaining long-term protection as well as avoid some acute side effects from hormonal contraceptives like nutritional deficiencies, crohn’s disease and more.

Related [email protected] https://www.marketwatch.com/press-release/pharmacovigilance-market-to-reach-usd-8-billion-by-2024-2019-07-12

 

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About Author

Ashwin Naphade    

Ashwin Naphade

Ashwin is into digital marketing since the last 2 years and has worked on multiple projects across various industries. He likes posting information and knowledge on multiple topics with an objective to create online visibility as well as share his inputs. His interest...

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