Increasing Geriatric Female Population and Increasing Number of Infectious and Chronic Diseases is Leading to Growth of Global Women’s Health Diagnostics Market in the forecast period of 2019 to 2026

Global women’s health diagnostics market is projected to register a healthy CAGR of 11.4% in the forecast period of 2019 to 2026. The new market report contains data for the historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.

women’s health diagnostics market

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Drivers: Global Women’s Health Diagnostics Market

  • Increasing geriatric female population
  • Increasing investments in the research and developmental activities

Restraints

  • High cost of diagnostic products

Product recalls of various companies

Opportunity

  • Technological advancements in the diagnostic equipment

Challenge

  • Pricing pressure

Market Trends:

Global women’s health diagnostics market is segmented into two notable segments which are based on the basis of diagnostic devices and end user.

  • On the basis of diagnostic devices, the market is segmented into imaging and monitoring systems, biopsy devices, reagents and kits, biomarkers and others. Imaging and monitoring systems in women health is dominating the market because it involves advance devices such as mammography, ultrasounds and many others. Demands for these products are higher in market due to increase in disease and health complications in women. The segment is growing because various advancement and development is going on in order to provide better health among women and number of device manufacturing companies are increasing in market

On the basis of end user, the market is segmented into hospitals, clinics, diagnostic and imaging centers, clinics and home care setting. Hospitals segment is dominating the market because hospitals are the majorly preferred by patients for diagnosis and treatment. Mostly hospitals are aided by government funds and private funds and this is the major reason for the hospitals to avail advanced devices or equipment for better treatment worldwide

Major Players: Global Women’s Health Diagnostics Market

Some of the major players operating in this market are Siemens, Hologic, Inc., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Abbott, BD, F. Hoffmann-La Roche Ltd, Thermo Fisher Scientific Inc., Koninklijke Philips N.V., NeuroLogica Corp., Shimadzu Corporation, bioMérieux SA, Carestream Health, MEDGYN PRODUCTS, INC., URIT MEDICAL ELECTRONIC CO., LTD, COOK, Cardinal Health, PerkinElmer Inc., GENERAL ELECTRIC, Quest Diagnostics Incorporated, Danaher, Sysmex Corporation, Hitachi, Ltd., Canon Inc. and FUJIFILM Holdings Corporation among others.