Womens Health Diagnostics Market to Grow at 6.58% CAGR During the Period 2017-2021

Marketsizeforecasters.com adds new global women's health diagnostics market report that lists top companies as Abbott Laboratories, F. Hoffmann-La Roche, Hologic, and Siemens Healthineers. Other Prominent Vendors in the market are: ACON Laboratories, Alere, Becton DickBulleted List Propertiesinson, bioMérieux, Bio-Rad Laboratories, Carl Zeiss Meditec, Cepheid, Danaher, Illumina, Mindray, Natera, Sysmex, Thermo Fisher Scientific, and Urit Medical. Commenting on the report, an analyst team said: “One trend in market is increased use of rapid diagnostic testing. In the past years, advanced techniques and testing platforms for diagnosis of infectious diseases have changed the way pathologists detect the causative organisms of infectious diseases and genetic markers for antimicrobial resistance. The shift from centralized to decentralized POC testing and from single-analyte testing to multiplex testing, along with rapid diagnosis testing options, are demonstrating a significant impact on the practice of medicine and clinical testing.” According to the report, one driver in market is increasing gynecological diseases in older women. Women who are undergoing menopause show higher prevalence of developing cyst or mass formation in the uterus. It is also common in middle-aged women (40-50 years old). Formation of cysts in the uterus and ovarian cancer are linked to each other. Post-menopausal cysts can increase the risk of ovarian cancer. Ovarian cancer mainly develops in women who are 60 years old or more. The highest incidence of ovarian cancer is reported in the Americas, mainly in the US. According to CDC (2013), about 20,000 women suffer from ovarian cancer every year. In the US, ovarian cancer is the ninth most common disease, as per CDC, accounting for about 3% of the women population in the country. Further, the report states that one challenges in market is high cost of mammography equipment. There has been an increase in the preference for digital mammography equipment over analog equipment. The equipment cost for digital mammography systems is about 3-5 times the cost of film screen mammography or conventional analog mammography. In addition, the cost of maintenance and image storage in full-field digital mammography systems is high due to digital storage capacity required to accommodate the large file size of digital images. The average cost of digital mammography system is about $200,000-$500,000. The average cost of 3D mammography system is about $430,000, whereas 2D system costs about 30% less than 3D systems. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Technavio Analyst

Analysts from Technavio regularly contribute to the news section on MarketSizeForecasters.com. Technavio is a leading market research company with global coverage. Their research and analysis focus on emerging market trends to help businesses identify market opportunities and develop effective strat...

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