Market revenue in 2023 | USD 202.6 million |
Market revenue in 2030 | USD 323.6 million |
Growth rate | 6.9% (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 36.97% in 2023. Horizon Databook has segmented the South Africa 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.
In Africa, approximately 22.6% of women of reproductive age do not have access to advanced contraceptives. Hence, women's health products have not yet penetrated South Africa, but the market is expected to grow at a substantial rate over the forecast period.
Some of the key factors anticipated to result in market growth are high unmet medical needs, increasing awareness about women's health issues, and the growing population of elderly women. Anemia affects approximately one-third of women in South Africa.
Such a high prevalence of anemia is increasing the risk of developing severe women’s health issues in the country. Moreover, according to the International Osteoporosis Foundation, about 1.4 million women aged above 50 are suffering from osteoporosis.
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