Factors such as growing awareness about various health-related disorders among women, rising incidence of various chronic and lifestyle disorders in women, and high prevalence of infectious diseases such as HIV and hepatitis in women across the globe are driving the growth of the market.
What the Market Looks Like? The global women’s health diagnostics market is projected to reach USD 36.64 Billion by 2021 from USD 25.03 Billion in 2016, at a CAGR of around 7.9% during the forecast period.The global market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.
Moreover, the increasing adoption of point-of-care diagnostic testing and the increasing number of diagnostic and imaging centers are also expected to play a major role in market growth. However, shortage of skilled laboratory technicians and high costs of diagnostics devices, tests, and procedures are hindering the growth of women health diagnostics market.
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https://www.marketsandmarkets.com/requestsampleNew.asp?id=128928901 What Drives the Market?
The growth of the Women’s health diagnostics market is primarily influenced by the following factors:
High Prevalence of Infectious Diseases in Women
Rising Incidence of Chronic and Lifestyle-Related Disorders in Women
Increasing Awareness About Fertility Testing in Women and IniTIAtives Taken By Government and Health Organizations
Increased Adoption of Point-Of-Care and Rapid Diagnostic Tests
Growth in the Number of Private Diagnostic and Imaging Centers
Public-Private Partnerships to Enhance the Infrastructure of Diagnostic Imaging Centers
The global market has been segmented, on the basis of applications, and end users. On the basis of application, the market is segmented into various segments, namely, osteoporosis testing, ovarian cancer testing, cervical cancer testing, breast cancer testing, pregnancy & ovulation testing, prenatal genetic screening & carrier testing, infectious disease testing, sexually transmitted disease testing, and ultrasound. On the basis of end user, the global women health diagnostics is segmented into three segments, namely, hospital and clinics, home healthcare, and diagnostic & imaging centers.
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