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Rising Prevalence of Chronic Ailments among Women Worldwide to Fuel Demand for Women’s Health Rehabilitation Products

Press release Description

Albany, New York, September 26, 2016: A new report added to the repository of Market Research Reports Search Engine provides a comprehensive overview of the global women’s health rehabilitation products market. Published by Transparency Market Research (TMR), the report is titled “Women’s Health Rehabilitation Products Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024,” and is available for sale on the company website. 

It is compiled with exhaustive information and presents insights into the growth drivers and restraints influencing the growth trajectory exhibited by the global women’s health rehabilitation products market. The impact of accelerating healthcare spending and government policies across nations is evaluated as well. 

According to the report, the global women’s health rehabilitation products market stood at US$2.6 bn in 2015 and is expected to reach US$4.2 bn by the end of 2024. The market is therefore projected to exhibit a CAGR of 5.0% CAGR between 2016 and 2024. 

The market is looking towards strong growth as the incidence of chronic ailments affecting women increases globally. Health impairment caused due to chronic illnesses is a major factor causing non-productive living among women around the world. Rehabilitation programs such as exercise training, monitoring body vitals, healthy habits, and other activities are designed to enable patients retain their health after prolonged illnesses. The demand for rehabilitation is thus rising among women in response to the rising incidence of ailments such as breast cancer, pelvic pain, urinary incontinence, and lymphedema. 

Besides this, the changing lifestyle and the increasing geriatric population have been spurring demand for women’s health rehabilitation products considerably. The report projects the demand from the market to rise in the forthcoming years as there are less possibilities of the incidence of the aforementioned ailments to diminish in the near future. 

The market will gain impetus from the latest advancements in the healthcare sector as well. However, despite witnessing favorable opportunities across developed economies, the market will witness low acceptance in developing countries. The low awareness about the benefits of health rehabilitation programs across remote locations has been inhibiting the market’s trajectory across emerging regions. Nevertheless, the accelerating healthcare investment and favorable government policies will aid the market’s growth across these regions in the near future. 

Regionally, North America and Europe dominated the global women’s health rehabilitation products market in 2015. The North America market stood at US$1 bn in 2015 and is projected to reach US$1.5 bn by the end of 2024, exhibiting a CAGR of 4.9% between 2016 and 2024. The increasing geriatric population and the rising road accidents have been aiding the market’s expansion in North America. 

However, during the forecast period, growth exhibited by the market in Asia Pacific is likely to be higher. Based on product, the demand for rehabilitation programs for the treatment of urinary incontinence post prolonged illness will be the highest. 

According to the report, the women’s health rehabilitation products market has a considerably fragmented vendor landscape. Besides product differentiation, the leading companies operating in the market such as Carolina Pelvic Health Center, Inc., GE Healthcare, and Carib Rehab Ltd. have been keen on acquiring local players to gain a stronghold in the global market. 

Browse Full Global Women’s Health Rehabilitation Products Market Report with TOC:

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