Market revenue in 2023 | USD 247.6 million |
Market revenue in 2030 | USD 388.0 million |
Growth rate | 6.6% (CAGR from 2023 to 2030) |
Largest segment | Contraceptives |
Fastest growing segment | Endometriosis & Uterine Fibroids |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Hormonal Infertility, Contraceptives, Postmenopausal Osteoporosis, Endometriosis & Uterine Fibroids, Menopause, Polycystic Ovary Syndrome (PCOS) |
Key market players worldwide | AbbVie Inc, Bayer AG, Merck & Co Inc, Pfizer Inc, Teva Pharmaceutical Industries Ltd, Agile Therapeutics Inc, Amgen Inc, Apothecus, Blairex Laboratories, Ferring |
Contraceptives was the largest segment with a revenue share of 43.7% in 2023. Horizon Databook has segmented the Argentina women’s health market based on hormonal infertility, contraceptives, postmenopausal osteoporosis, endometriosis & uterine fibroids, menopause, polycystic ovary syndrome (pcos) covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing patient pool, growing awareness, and government initiatives are some of the key factors driving the women’s health market in Argentina. For instance, according to a study published by PubMed, around 19% of women aged 50 and older in the country have osteoporosis.
Moreover, according to the International Osteoporosis Foundation, around 50% of postmenopausal women have osteopenia and 25% have osteoporosis; by 2050, the number of osteopenia and osteoporosis cases is projected to reach 5.24 million and 2.62 million women, respectively.
According to the World Bank statistics from 2020, Argentina's current health spending, including health services, accounts for 9.98% of the country's annual GDP. Argentina lacks proper healthcare coverage; over 36% of its population does not have any formal healthcare coverage and is dependent on the public healthcare system.
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