Market revenue in 2023 | USD 122.4 million |
Market revenue in 2030 | USD 181.5 million |
Growth rate | 5.8% (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 33.01% in 2023. Horizon Databook has segmented the Norway 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 increasing women population aged 65 & above in the country is boosting the prevalence of targeted disease, which is creating new opportunities for market stakeholders. According to World Bank, in 2022, the women population aged 65 and above in Norway was more than 533,000, and it is expected to increase in the coming years.
Moreover, according to WHO, the prevalence of osteoporosis ranged from 14% to 36% in Norwegian women aged above 59. Global companies are entering and expanding their horizon into women's health space to leverage lucrative opportunities in the women's health market.
The company developed its distribution network across Europe, including countries such as Norway. Such strategic initiatives by market players are anticipated to fuel market growth in the country. Moreover, favorable initiatives undertaken by government bodies to improve women's health are anticipated to support the overall market growth.
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