Chronic diseases are exerting an increasingly greater amount of pressure on healthcare systems worldwide. The World Health Organization estimates that chronic diseases are the cause of more than 60% of all deaths worldwide. A growth in the incidence of chronic diseases has indirectly stimulated the demand for women’s health rehabilitation products as well, according to a report available on Market Research Reports Search Engine (MRRSE). The report has been published by Transparency Market Research. The increasing incidence of chronic illnesses among women is proving to be a direct causative factor for this. Moreover, a substantial number of women forming a part of the swelling geriatric population across the globe will create new opportunities for women’s health rehabilitation products.
With the need for health rehabilitation for women suffering from different chronic and acute illnesses on the rise, products that are designed for emerging medical needs will see greater acceptance among patients and medical practitioners. Other factors that are contributing to the growing demand and, subsequently, sales of women’s health rehabilitation products are the increasing number of maternal deaths, the growing prevalence of cardiovascular diseases among women, and an alarming high number of road accidents injuring women. All of these factors are collectively leading governments to channel more funds into addressing health rehabilitation in women.
According to the report, the global women’s health rehabilitation products market foris poised to touch US$4.2 bn by 2024. In 2015, the market was valued at US$2.6 bn and will thus register a 5% CAGR between 2016 and 2024.
Fragmented Market for Women’s Health Rehabilitation Products will Reward Innovators
The study finds that the global women’s health rehabilitation products market is marked by the absence of a clear leader. In a noticeably fragmented competitive landscape, innovation continues to remain the key differentiator between the early movers and laggards. Several local players rake in smaller shares of global revenue. However, the advantage in this scenario clearly belongs to companies that can make investments in research and development of more portable, convenient, and effective products. In many densely populated countries where optimal sales volumes have not yet been achieved, cost-effective women’s health rehabilitation products could be a veritable game-changer. For larger companies, consolidation could be an effective growth strategy if they aim to establish a wider presence across regions. Companies that currently have a sizable stake in women’s health rehabilitation products market are: Carolina Pelvic Health Center, Inc., Carib Rehab Ltd., and GE Healthcare.
Browse Full Global Women’s Health Rehabilitation Products Market Report with TOC:http://www.mrrse.com/womens-health-rehabilitation-products-market
North America Carries High-value Opportunities for Women’s Health Rehabilitation Products
Currently, the maximum revenues in the women’s health rehabilitation products market come from North America. The women’s health rehabilitation products market in North America is expected to reach a valuation of US$1.5 bn by 2024. Europe is yet another important regional market for women’s health rehabilitation products. However, the long-term forecast for the market is that the Asia Pacific region will exhibit a healthy increase in demand for women’s health rehabilitation products.