Women's Health Diagnostics
Global Women`s Health Diagnostics Market to Reach $35.9 Billion by 2027
In the changed post COVID-19 business landscape, the global market for Women`s Health Diagnostics estimated at US$24.4 Billion in the year 2020, is projected to reach a revised size of US$35.9 Billion by 2027, growing at a CAGR of 5.7% over the analysis period 2020-2027. Breast Cancer Testing, one of the segments analyzed in the report, is projected to record a 7.2% CAGR and reach US$8.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Infectious Disease Testing segment is readjusted to a revised 4.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $6.7 Billion, While China is Forecast to Grow at 9.9% CAGR
The Women`s Health Diagnostics market in the U.S. is estimated at US$6.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$7.7 Billion by the year 2027 trailing a CAGR of 10.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 5.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4.7 Billion by the year 2027.
Cervical Cancer Testing Segment to Record 5.9% CAGR
In the global Cervical Cancer Testing segment, USA, Canada, Japan, China and Europe will drive the 5.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.9 Billion in the year 2020 will reach a projected size of US$4.3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 7.2% CAGR through the analysis period.
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