Global Women's Health Diagnostics Market

May 2020| VMR2169A| Verified Market Research

Report Highlights

Womens Health Diagnostics Market Size And Forecast

According to Verified Market Research, the Global Womens Health Diagnostics Market was valued at USD 26.7 Billion in 2018 and is projected to reach USD 43.3 Billion by 2026, growing at a CAGR of 6.2% from 2019 to 2026.

Global Womens Health Diagnostics Market Outlook

The global womens health diagnostics market will show a rapid growth owing to the rising incidence of chronic and lifestyle-related disorders, rising number of imaging and diagnostic centers and increased adoption of point-of-care and rapid diagnostic tests. An increasing incidence of osteoarthritis, ovarian cancer, breast cancer and cervical cancer across the globe, has increased the sales test kits for home usage which is also expected to fuel the market growth. Moreover, product launches, mergers & acquisitions, expansion, and certain government initiatives are projected to propel the growth of the market. For instance, in May 2019, Cardinal Health had announced the launch of its RADIAL 360 portfolio in the U.S. However, the high costs associated with diagnostic imaging systems and procedures, shortfall of skilled laboratory technicians are might limit the growth of the global market. Furthermore, rise in healthcare infrastructure, rise in demand for the development of miniature diagnostic devices, and new marketing initiatives by key vendors in emerging countries are creating the lucrative opportunities for the global market. 

Global Womens Health Diagnostics Market Competitive Landscape 

The Global Womens Health Diagnostics Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Hologic, Inc., Siemens AG, F. Hoffmann-La Roche AG, Quest Diagnostics Inc., Perkinelmer Inc., GE Healthcare, Abbott Laboratories, Alere Inc., Biomrieux SA, and Becton, Dickinson and Company.

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