GlobalData: Sexual and reproductive health market will continue to expand through 2030

GlobalData, a data and analytics company, on Monday predicted that theq sexual and reproductive health segment expected to experience robust expansion through 2030.

According to the company, the global medical devices market is poised for significant growth in the coming years.

This growth will be driven by increasing demand for healthcare services and technological advancements that promote the development of safe and effective products, forecasts GlobalData.

According to GlobalData Market Size and Growth Analytics tool, the reproductive health devices market is forecast to grow at a compound annual growth rate (CAGR) of 0.5% between 2015 and 2030.

The sexual and reproductive health market encompasses a broad range of products, including contraceptives, fertility monitors, pregnancy tests, and devices utilized in gynecological and urological procedures.

The Sexual and Reproductive Health Awareness Week, February 13 to 17, provides an opportunity to raise awareness about the importance of sexual and reproductive health issues as well as the need for greater access to healthcare services.