Market revenue in 2023 | USD 1,612.5 million |
Market revenue in 2030 | USD 2,530.5 million |
Growth rate | 6.6% (CAGR from 2023 to 2030) |
Largest segment | Postmenopausal osteoporosis |
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 |
Postmenopausal osteoporosis was the largest segment with a revenue share of 30.07% in 2023. Horizon Databook has segmented the Canada 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.
The growing prevalence of PCOS, menopause, & infertility and the increase in usage of contraceptives as well as the subsequent rise in the rate of treatment in Canada are some of the key factors anticipated to boost the demand for women’s health products.
In addition, according to a report published by Canada’s government, around one in six couples experiences infertility in Canada. Some of the major causes of women’s infertility are hormonal imbalance and endometriosis. All these factors are expected to propel the demand for women’s health products in Canada.
Rising healthcare expenditure on women’s health is expected to drive market growth. For instance, in April 2021, the Canadian federal government planned to spend nearly USD 45 million over 3 years to make reproductive and sexual health services & information accessible.
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