According to the latest report by IMARC Group, the global mother and child healthcare market reached a value of US$ 574.5 Billion in 2021, and it is projected to reach US$ 1,215.20 Billion by 2027, exhibiting at a CAGR of 12.20% during 2022-2027.
Mother and child healthcare (MCH) encompasses the medical services provided to adolescents, children, and pregnant women. It includes birthing, child nutrition, fertility, and pre-natal and post-natal facilities. MCH aids in providing preventive, promotive, curative, and rehabilitative solutions that assist in preventing medical ailments from reducing maternal and infant mortality. It reduces morbidity on account of unsafe abortions, female genital mutilation, unwanted and unplanned pregnancies, risks of developing cervical cancer, and also enhances reproductive health awareness among children. As a result, MCH finds widespread applications in hospitals, nursing homes, clinics, in-home healthcare services, etc.
Covid-19 Scenario: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Market Size Value in 2021: | US$ 574.5 Billion |
Growth Rate: | CAGR of 12.20% from 2022 to 2027 |
Market Outlook: | 2022-2027 |
Global Mother and Child Healthcare Market Trends and Drivers:
The escalating demand for MCH by parents to seek consultation from super-specialist doctors and ensure good health is among the primary factors driving the mother and child healthcare market. Besides this, the elevating requirement for MCH solutions among pregnant women, owing to insufficient or no availability of pre-natal care and delivery without assistance, is further augmenting the market growth.
Apart from this, the development of various nutritional and micronutrient supplements, including zinc, calcium, and iron, for protecting the mother and child from infectious diseases is also catalyzing the global market.
Moreover, the increasing popularity of digitized claim processing and policy management solutions is acting as another significant growth-inducing factor. Furthermore, the rising number of women suffering from immunodeficiency viruses and other chronic illnesses is anticipated to bolster the mother and child healthcare market over the forecasted period.
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Ann & Robert Lurie Children’s Hospital, Apollo Hospitals Enterprise Ltd., Arrowhead Regional Medical Center, Carle Foundation Hospital, ChristianaCare Christiana Hospital, Cincinnati Children’s Hospital, Cleveland Clinic Institute, Cloudnine Group of Hospitals, King Faisal Specialist Hospital & Research Centre, Riley Hospital and The Jorvi Hospital.
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The report has segmented the market on the basis of region, services, maternal age and location.
Breakup by Services:
- Pre-Natal Services
- Birthing Services
- Post-Natal Services
- Fertility Services
Breakup by Maternal Age:
- Under 20 Years
- 21 to 30 Years
- 31 to 38 Years
- 39 and above Years
Breakup by Location:
- Hospitals
- Nursing Homes and Clinics
- In-home Services
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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