Maternal Health Market – Trends Forecast Till 2030

Market Snapshot

Market Overview

The global Maternal Health market size was estimated at USD 23.76 billion in 2023 and is projected to reach USD 61.30 billion in 2030 at a CAGR of 14.50% during the forecast period 2023-2030.

Maternal Health refers to the health of women during pregnancy, childbirth, and the postpartum period. It encompasses the physical, mental and social wellbeing of women during these times. Maternal health is important because it affects the health of both the mother and the baby.

There are several factors that can affect maternal health such as age of the mother, socioeconomic status, location, access to healthcare, lifestyle choices. Maternal Health is a global issue in which, every year, millions of women die from preventable causes related to pregnancy and childbirth. However, there has been progress in recent years. The Maternal Mortality Ratio (MMR) has fallen by 45% since 1990.

The maternal health market is a growing market, driven by the rise in pregnancies, rising awareness of maternal health benefits, and rapid advancements in healthcare sector. The market is also expected to benefit from the rising birth rates and disposable income in developing countries.

The market is segmented on the basis of type, type of pregnancy, complications, delivery type, application and region. Based on type, the market is divided into Hormones, Nutritives, Analgesics, Anti-Infectives, Others. By type of pregnancy, the market is segmented into Intrauterine, Ectopic, Tubal, Others. Based on complication the market is divided into Miscarriage, Premature Labor and Birth, Others. Based on delivery the market is bifurcated into Vaginal Delivery, Cesarian Section, Others. On the basis of application, the market is bifurcated into Hospitals, Clinics, Household, Others. Lastly, on the basis of region the market is segmented into, North America, Europe, Asia-Pacific, Middle East and Africa and South America.

COVID – 19 had an adverse impact on the global maternal health market. This negative impact can be attributed to several factors. Firstly, the pandemic led to lockdowns and restrictions on movements, which made it difficult for women to access healthcare services. This was particularly problematic for women in rural areas. Secondly, the pandemic has led to an increase in maternal mortality, as women were less likely to seek healthcare for complications during pregnancy and childbirth. This is due to a number of factors, including hear of contracting COVID-19, financial constraints and transportation challenges. Moreover, the pandemic led to a decrease in the utilization of maternal health services, such antenatal health care and skilled birth attendance. Lastly, the pandemic led to increased stress and anxiety among pregnant women, which had a negative impact on their health and wellbeing.

Delvens Industry Expert's Standpoint

COVID-19 had a negative impact on the global maternal health market due to reduced access to healthcare, increased maternal mortality, decreased utilization of maternal health services and increased stress and anxiety among pregnant women. However, increasing pregnancies, rising awareness of maternal health benefits and rapid advancement in the healthcare segment are the major factors that will drive the growth of the market during the forecast period. Moreover, rising birth rates and disposable income in developing countries is also expected to drive the growth of the market further during the forecast period.

Market Portfolio

Key Findings

• The global maternal health market, based on type of pregnancy, is segmented into Intrauterine, Ectopic, Tubal, Others. Intrauterine segment dominated the market is 2022. This can be attributed to the rising preference for and understanding of maternal health.
   
• Based on complication, the market is bifurcated into Miscarriage, Premature Labour and Birth, Preeclampsia, Gestational Diabetes, Placenta Previa and Others. Miscarriage segment dominated the market in 2022 due to increased need for maternal health care caused by the rise in miscarriages globally.
   
• Based on application, the market can be segmented into hospital-based services, clinics-based services, household-based services and others. Hospital based services led the market due to the fact that hospitals are the most common location for maternal health care, and they offer a wide range of services, including, pre-natal care, birthing care, post-natal care, and fertility care.
   
• Based on type, the market can be bifurcated into Hormones, Nutritives, Analgesics, Anti-Infectives, Others. Hormones led the market in the type segment due to the fact that hormones are used to treat a variety of conditions during pregnancy, such as gestational diabetes, preeclampsia, and preterm labour. Hormones are also used to help prevent miscarriage to promote foetal growth.
   
• Based on risk of pregnancy, the market is segmented into high and molar. High risk pregnancy led the market in this segment due to the fact that they are more likely to have complications, and they require specialized care.
   
• Based on delivery type, the market is divided into vaginal delivery, caesarean section and others. Vaginal delivery led the market in this segment due to the fact that vaginal delivery is the most common type of delivery and is considered to be the safest option for most women.
   
• The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. Asia Pacific is estimated to account for the largest market share during the forecast period. This is due to a number of factors such as parents’ increased willingness to consult super specialists, the expansion of region’s developed healthcare infrastructure, and ongoing research efforts for the development of cutting-edge technology and services.

Regional Analysis

Asia Pacific to Dominate the Market

• Asia Pacific is estimated to account for the largest market share during the forecast period. This is due to a number of factors such as parents’ increased willingness to consult super specialists, the expansion of region’s developed healthcare infrastructure, and ongoing research efforts for the development of cutting-edge technology and services.
   
• China’s maternal health market heled the largest share within the region in 2022, whereas India’s maternal health market is expected to rapidly grow during the forecast period.

Competitive Landscape

• Johnson & Johnson Private Limited
• Jiovio Healthcare
• McKesson Corporation
• MedTech Boston
• Merck & Co., Inc.
• RAND Corporation
• SYNAPSE Product Development
• International Federation of Pharmaceutical Manufacturers & Associations
• Siemens
• Agile Therapeutics
• Fuji Latex Co
• Okamoto Industries Inc.
• Reckitt Benckiser Group Plc
• Sanofi
• Arrowhead Regional Medical Center
• Cloudnine Group of Hospitals
• Carle Foundation Hospital
• Ann & Robert H. Lurie Children's Hospital of Chicago
• King Faisal Specialist Hospital and Research Centre
• Apollo Hospitals Enterprise Ltd

Recent Developments

• In May 2022, Mirvie raised a total of USD 90 million following the closing of its series B funding. The funding encouraged Mirvie’s continued clinical and commercial development of the proprietary Mirvie RNA platform, which is the first to predict preeclampsia and preterm birth months before they happen by revealing the underlying biology of each pregnancy.
   
• In April 2022, A new prenatal test, called STORK (Short-read Transpore Rapid Karyotyping), was developed by researchers at Columbia University Fertility Center that can determine if a fetus or embryo has the right number of chromosomes at a fraction of the time and cost of currently available clinical genetic tests.  The test can be used in the doctor’s office at the point of care, delivers results in under two hours, and is about 10 times less expensive to process per sample than current tests.

Reasons to Acquire

• Increase your understanding of the market for identifying the most suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors.
   
• Gain authentic and granular data access for the Global Maternal Health Market to understand the trends and the factors involved in changing market situations.
   
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.
   
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.

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