Pharmaceuticals for Women’s Health Market Size And Forecast

Pharmaceuticals for Women’s Health Market size was valued at USD 16,932.85 Million in 2020 and is projected to reach USD 38,405.60 Million by 2028, growing at a CAGR of 10.99% from 2021 to 2028.

The rising prevalence of Polycystic Ovary Syndrome (PCOS) has contributed to the growth of the global pharmaceuticals for women’s health market. Also, the rising population of developing countries is likely to drive the demand for pharmaceutical and biopharmaceutical products in the near future. The Global Pharmaceuticals for Women’s Health Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Pharmaceuticals for Women’s Health Market Definition

An increase in the population of women aged over 60 and due to the rise of the unhealthy habits of the lifestyle leads to the introduction of medicines for the betterment of women’s health. Drugs, surgical offerings, and precautionary measures for various disorders are associated with women’s health. For providing better management of diseases which improves the health of the women population. Changes in dietary habits, stress, and consumption of alcohol are the key factors responsible for hormonal imbalance among women. By the use of pharma health care for women’s health is continuously growing.

Because of the elderly population of women, increasing instances of chronic diseases like postmenstrual osteoporosis among women Government initiatives to curb population growth and there is also increased in the demand for contraceptives which leads to preventing unintended pregnancies. Because of the efforts of the Government, there is a rise in the market for women’s health. Due to unhealthy habits and lifestyles, women’s health is continuously is in bad effects and having different diseases. By the intake of bad nutritional products and several major factors leads to contribute to the growth of women’s healthcare markets.

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Global Pharmaceuticals for Women’s Health Market Overview

The rising prevalence of Polycystic Ovary Syndrome (PCOS) has contributed to the growth of the global pharmaceuticals for women’s health market. Polycystic Ovary Syndrome (PCOS) is a hormonal disorder prevalent in premenopausal women all across the world, causing reproductive, endocrine, and metabolic abnormalities. The growth in the number of cases of PCOS has significantly assisted in the growth of the global pharmaceuticals for women’s health market since it requires a strict medical regimen. In Canada, at present, over five million women aged between 45 and 65 have either gone through menopause or will soon go through menopause. The average age of menopause in Canada is 51 years.

According to the Society of Obstetricians & Gynaecologists of Canada, around 80% of women claim to suffer from at least one menopausal symptom including mood swings, irritability, interrupted sleep, hot flushes, and vaginal dryness. The growing incidences as a result of menopause in women are anticipated to be a key growth contributing factor for the pharmaceuticals for women’s health market. For instance, as per the statistics published by International Osteoporosis Foundation, it is estimated to affect 200 million women globally. In the aforementioned statistics, osteoporosis was found in 2/3th of women aged 90, 2/5th of women aged 80, 1/5th of women aged 70, and 1/10th of women aged 60. Nonetheless, 1 in 3 women over the age of 50 is found to experience osteoporotic fractures.

The rise of emerging markets has been a defining feature of the global pharmaceuticals for women’s health industry in this century. Most of these emerging economies are expected to experience double-digit growth in the near future. The traditionally lucrative markets for pharmaceuticals in the West are facing challenges in terms of growth, with governments exerting downward pressure on health care costs. In response to these challenges, key pharmaceutical companies are committing dedicated resources to conquer emerging markets as a way of sustaining growth. The move is driven by the increasing number of clinically recognized patients in emerging markets and growing awareness about women’s health. The rising population of developing countries is likely to drive the demand for pharmaceutical and biopharmaceutical products in the near future.

However, stringent regulatory criteria have been applied by the FDA for approval of drugs against women’s diseases, especially for hormonal therapeutics. Nonetheless, the clinical trial of an antibiotic differs from other therapeutic drugs in terms of the clinical approval approach such as clinical trial design, interpretation, and analysis. The sponsor has to conduct non-inferiority trials for getting the approval coupled with the currently registered antibacterial drugs. Clinical trials for developing antibacterial drugs are complex and require an informative, ethical, and scientific approach. These factors are expected to negatively impact the women’s health therapeutics market during the forecast period. Furthermore, instead of the high prevalence of life-threatening diseases among women, certain other factors are restricting the women healthcare market growth.

Global Pharmaceuticals for Women’s Health Market Segmentation Analysis

The Global Pharmaceuticals for Women’s Health Market has Segmented into Product, Application, And Geography.

Pharmaceuticals for Women’s Health Market, By Product  

• Drugs
• Devices

Based on Product, the market is bifurcated into Drugs and Devices. The drug accounted for the largest market share in 2020 and is projected to grow at the highest CAGR of 13.07% during the forecast period. Drug Prolia is known as a prescription medicine usually used to treat osteoporosis in women post-menopause. It is used to treat indications of osteoporosis and to improve bone mass in patients receiving certain types of cancer. It may also be used alone or with a combination of other medications. Prolia relates to a class of drugs called Antineoplastics, Monoclonal Antibody; Monoclonal Antibodies, Endocrine. Besides, it is not known if the drug is safe for use or effective in children younger than a minimum of 4 years of age.

Pharmaceuticals for Women’s Health Market, By Application

• Hormonal Infertility
• Postmenopausal Osteoporosis
• Endometriosis
• Contraceptives
• Menopause
• Polycystic Ovary Syndrome
• Others

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On the basis of Application, the Global Pharmaceuticals for Women’s Health Market has been segmented into Contraceptives, Postmenopausal Osteoporosis, Hormonal Infertility, Menopause, Endometriosis, Polycystic Ovary Syndrome, and Others. Contraceptives accounted for the largest market share and are projected to grow at the highest CAGR of 10.29% during the forecast period. Contraception encompasses the use of drugs (oral pills, injectable contraceptives, and topical contraceptives) and devices (condoms, intrauterine device [IUD], diaphragms, sponges, patches, implants, vaginal rings, and others). The growth-focused on the need for family planning and preventing unintended pregnancy fuels the market growth. Additionally, the rise in the use of contraception in young women along with the increase in higher educational attainment propels the market growth. An enormous chunk of the female population in developing countries is diverting towards ideologies like women empowerment and feminism to establish educational and professional opportunities for women. An increasing number of women are delaying motherhood with the assistance of contraceptive devices and drugs as they order their careers.

Pharmaceuticals for Women’s Health Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the World

On the basis of regional analysis, the Global Pharmaceuticals for Women’s Health Market is classified into North America, Europe, Asia Pacific, and Rest of the world. North America accounted for the largest market share and is projected to grow at a CAGR of 10.29% during the forecast period. North America is expected to dominate the market with the largest share of the global pharmaceuticals for women’s health market. This is due to the increasing attention towards women’s therapeutics, rising investments in research and development of new treatments, methods, and drugs for better safety measures for women, growing encountered cases of cancer, along with the presence of the world’s best-recognized and eminent medical centers and hospitals are believed to be the reasons for the region’s dominance in pharmaceuticals for women’s health market.

Key Players

The “Global Pharmaceuticals for Women’s Health Market,” study report will provide a valuable insight with an emphasis on the global market, including some of the major players such as Amgen Inc., Merck & Co., Pfizer Inc., Bayer AG, Mylan N.V., and Others. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

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