(I-BusinessNews.Com, April 14, 2021 ) Women Health Rehabilitation Products Market size was estimated at $3.9 billion in 2020, projected to grow at a CAGR of 5.8% during the forecast period 2021-2026. Rehabilitation is defined as a physical restoration process for a person, who is sick or injured to assist in the maintenance of stable or regular life by offering various therapies. Through this the patient aims to attain the highest degree of mental activity. Women health rehabilitation is program that addresses unique health issue faced by women during their lifetime like as pregnancy issues, pelvic floor dysfunction, post-partum, breast cancer rehabilitation and others. In recent years, the frequency of diseases is significantly expanding among women. According to American Cancer Society, Breast, lung and colorectal are three most common cancers affected the women that accounts for about 50% of all new cancer diagnosed among women in 2020. Further, around 13% of women develop breast cancer in the lifetime. Also, it is estimated that in 2021, 281,550 new cases of invasive breast cancer are predicted to be diagnosed in women in U.S., and about 49,290 new cases of non-invasive breast cancer. Furthermore, cancer death rate is 158.3 per 100,000 women per year. Rise in incidence of various health issues related to women is anticipated to drive the women health rehabilitation products market growth. For instance, urinary incontinence (UI), Rheumatoid arthritis are some of the most common health issues faced by women. UI is urologic symptom that shows impact on women’s mental and physical health and quality of life. Moreover, women with UI experience socioeconomic burden as UI effect on their ability to work and function in the society. Postpartum mental healthcare is the most neglected aspect of women’s healthcare. It is evident in the limited nation’s health objectives and the data related to maternal health care.
Women Health Rehabilitation Products Market Segment Analysis – By Type
Based on type, Women Health Rehabilitation Products Market is segmented into Breast Cancer Care, Pelvic pain, Urinary Incontinence (UI), Postpartum Care, Rheumatoid Arthritis Care, Orthopaedic Care, and others. UI accounted for the largest revenue market share in 2020 owing to the rising prevalence of age-related urinary incontinence among women that fuels the demand for these rehabilitation products soon. Orthopaedic care segment is anticipated to grow with the fastest CAGR of 6.5% in the forecast period 2021-2026 owing to increasing global incidence of osteoporosis and arthritis.
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Women Health Rehabilitation Products Market Segment Analysis – By Therapy
Based on therapy, Women Health Rehabilitation Products Market is segmented into Physiotherapy, Chiropractic Therapy, Pelvic Floor Physical Therapy, Massage Therapy, and others. Physiotherapy accounted for the largest revenue market share in 2020 owing to rising acceptance levels by the women as it improves inner strength, improves ability to work and minimizes the stress. Occupational therapy segment is anticipated to grow with the fastest CAGR of 6.1% during the forecast period 2021-2026 owing to its ability to tackle health challenges including pelvic health issues, UI and Orthopaedic ailments. This significantly improve the capabilities of women to execute day to day work more efficiently, thus enhancing the segment demand.
Women Health Rehabilitation Products Market Segment Analysis – By Geography
Based on Geography, North America Women Health Rehabilitation Products Market accounted for the 40.7% revenue share in 2020. This is majorly attributed to the high disposable income in the region and growing geriatric population coupled with high prevalence of breast cancer among women in this region. Moreover, the presence of associations for women health like as American Physical Therapy Association that focuses on treating women with abdominal and pelvic pain further fuels the market growth. Asia-Pacific is predicted to be the fastest-growing region during the forecast period 2021- 2026 owing to its high female geriatric population that is prone to various chronic diseases like osteoporosis and breast cancer.
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Women Health Rehabilitation Products Market Drivers
Increasing Women Geriatric Population:
Increasing women geriatric the population along with rising in obesity rates owing to the sedentary lifestyles is anticipated to drive the Women Health Rehabilitation Products Market. The growing elderly population is highly prone to numerous health disorders like as cardiac diseases, pelvic pain, neurological disorders, breast cancers, and weak bone health that leads to impairment that shows a significant impact on the demand for the Women Health Rehabilitation Products Market.
Rise in Public Awareness Programs:
The rising number of public awareness programs based on women’s health shows a significant impact on quality of life and creates an immense growth opportunity in the Women Health Rehabilitation Products Market. For example, WHO has increased their number of community-based rehabilitation programs and social media platforms that address women health issues, therefore, providing new avenue to the product’s demand. Moreover, large number of distributors are focusing on creating awareness among people regarding women health by using various social networking platforms that creates lucrative growth opportunity in near future for the Women Health Rehabilitation Products.
Women Health Rehabilitation Products Market Challenges
High Cost of Women Health Rehabilitation Products:
High cost of the Women Health Rehabilitation Products coupled with low acceptance levels and lack of awareness among the people hinders the market growth. Moreover, number of people demanding are not receiving the efficient services owing to the lack of awareness of services and belief about disability that influence the treatment seekers. Furthermore, middle-income countries are predicted to hamper the markets growth owing to their lower income profile and escalating cost of the Women Health Rehabilitation Products.
Women Health Rehabilitation Products Industry Outlook:
Product launches, mergers and acquisitions, joint ventures and geographical expansions are key strategies adopted by players in the Women Health Rehabilitation Products Market. Women Health Rehabilitation Products Market top 10 companies are Win Health Medical, sportstek, GE Healthcare, Meyer Physical Therapy, BSN Medical, DeRoyal Industries, Pelvic Health and Rehabilitation, Carib Rehab, Zynex, Pure Health Chiropractic.
Acquisitions/Product Launches:
In September, 2020, Artificial intelligence-based software and javascript:nicTemp(); stimulation company has announced that Ge Healthcare has launched its new Artificial intelligence (AI) enhanced women’s ultrasound system, “Voluson SWIFT”.
Key Takeaways
Geographically, North America Women Health Rehabilitation Products Market held the largest revenue share of 40.7% in 2020 owing to the highest disposable income and growing geriatric population in this region.
Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market is provided in the Women Health Rehabilitation Products Market.
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