Market revenue in 2023 | USD 1,434.7 million |
Market revenue in 2030 | USD 2,209.0 million |
Growth rate | 6.4% (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 33.57% in 2023. Horizon Databook has segmented the Spain 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 market is becoming increasingly lucrative for women's health products, creating opportunities for market players. For instance, according to an NCBI article, the prevalence of menopausal symptoms and vulvovaginal atrophy ranges between 67% and 98% in Spanish women.
The increasing prevalence of targeted diseases and rising awareness among people are further boosting the market growth. For instance, according to the International Osteoporosis Foundation, the prevalence of osteoporosis is around 5.4% of the total population, out of these, around 79.2% of these are women patients.
Moreover, the number of fragility fractures in the country is expected to increase by more than 30% by 2034. Furthermore, according to World Bank, in 2022, Spain's women population aged 65 and above was around 5.46 million, which is further anticipated to increase the prevalence of targeted diseases.
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