IMARC Group, a leading market research company, has recently releases report titled “Women's Health Diagnostics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global women's health diagnostics market share, size and  forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big is the Women's Health Diagnostics Market?

The global women's health diagnostics market size reached US$ 23.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 37.3 Billion by 2028, exhibiting a growth rate (CAGR) of 7.51% during 2023-2028. 

What is Women's Health Diagnostics?

Women's health diagnostics refer to a set of medical evaluations and tests designed to assess and monitor various aspects of the health of a woman. They rely on liquid profiles, blood pressure monitoring, and electrocardiograms to help evaluate health complications. They also encompass the conduction of regular screenings, such as mammograms, pap smears, and bone density tests, for the early detection of conditions like breast cancer, cervical cancer, and osteoporosis. They cover a wide array of areas, including reproductive health, hormonal balance, bone density, cardiovascular health, and more. They also provide early interventions and targeted treatments, which contribute to lower mortality rates.

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What are the growth prospects and trends in the women's health diagnostics industry?

At present, the increasing demand for women’s health diagnostic services as early disease detection and prevention reduces the financial burden on healthcare systems, represents one of the vital factors impelling the growth of the market. 

Besides this, the rising implementation of women’s health diagnostics to decrease the need for extensive treatments and hospitalizations is propelling the growth of the market. In addition, the growing demand for innovative and accurate diagnostic tools tailored to women's specific health needs, including breast and cervical cancer screening, prenatal testing, and hormonal health assessments, is offering a favorable market outlook. 

Apart from this, the increasing technological advancements in diagnostic methodologies, including the integration of artificial intelligence (AI) and machine learning (ML) algorithms, are supporting the growth of the market.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Type:

·      Diagnostic Devices

o   Biopsy Device

o   Imaging and Monitoring Devices

o   Accessories and Consumables

·      Diagnostic Tests

o   Breast Cancer Testing

o   PAP Smear and HPV Test

o   Pregnancy Testing and Ovulation Testing

o   Others 

Breakup by Application:

·      Breast Cancer

·      Infectious Disease Testing

·      Osteoporosis Testing

·      Pregnancy and Fertility Testing

·      Sexually Transmitted Disease Testing

·      Others

Breakup by End User:

·      Hospital and Diagnostics Centers

Home Care

Who are the key players operating in the industry?

The report covers the major market players including:

Abbott Laboratories, Becton Dickinson and Company, bioMérieux SA, Cardinal Health Inc., Cook Group Incorporated, F. Hoffmann-La Roche AG, General Electric Company, Hologic Inc., Koninklijke Philips N.V., Perkinelmer Inc., Quest Diagnostics Inc., Siemens AG and Thermo Fisher Scientific Inc.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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