Express Healthcare

Trump presidency could have significant impact on reproductive health

The overturning of Roe v. Wade, paired with other Trump promises, can have significant implications for the medical industry, largely in areas related to reproductive health, regulations, and innovation, according to GlobalData

0 15

In the recently concluded elections in the US, Donald Trump emerged victorious to become the country’s 47th President. Throughout his campaign, Trump promised many things for the US, but what could his presidency mean for the medical industry specifically? The overturning of Roe v. Wade, paired with other Trump promises, can have significant implications for the medical industry, largely in areas related to reproductive health, regulations, and innovation, according to GlobalData

While Roe v. Wade was overturned in 2022, the state of abortion policies in the US still varies and is still uncertain. Toward the end of his campaign, Trump said that individual states should determine their own policies, but his position has changed several times over the course of his campaign. In March, he supported a nationwide abortion ban after 15 weeks gestation, and his Vice President-elect, JD Vance, has also alluded to his support of a national law limiting abortion.

Alexandra Murdoch, Senior Medical Analyst at GlobalData, comments: “The inconsistencies within the campaign have made it difficult to say exactly what a Trump victory means for abortion and reproductive health in general. However, there are some precautionary measures many women will take in case of restrictive regulations.”

Since the overturning of Roe v. Wade, many states have already enacted restrictive abortion laws, but more may follow suit in the coming months and years, especially if there is a nationwide ban. In this case, it is likely that the demand for devices used in abortion procedures (such as aspiration devices and ultrasound equipment) will be reduced.

Similarly, many states could see an increased demand for contraceptive devices to reduce the likelihood of unwanted pregnancies. According to GlobalData, the volume of reversible contraceptive devices is expected to increase at a 2.53% CAGR in the US from 2023-33. Reversible contraceptive devices in this case refer to diaphragms, hormonal implants, and intrauterine devices (IUDs).

Murdoch continues, “The market for reversible contraceptive devices in the US is already increasing, and the CAGR will likely grow if more restrictive abortion bans are put in place, whether it is by state or nationwide. However, medical device companies could face other issues, such as regulatory and research barriers, if bans are put in place.”

Medical device companies operating across the US could face a patchwork of state laws if abortion continues to be left to the states. This could complicate the marketing and distribution of reproductive health devices, and ultimately increase compliance and regulatory uncertainty.

Additionally, restrictions on abortion could limit access to tissue samples used in health research, potentially slowing innovation in areas like fetal development and maternal health. As a result, there may be a shift in investment focus, as companies may pivot to developing devices for contraception, fertility treatments, or maternal health rather than abortion-related technologies.

Murdoch concludes, “While there may be a lot of changes coming to the US reproductive health market, the overall impact will vary depending on a company’s product portfolio, geographical market, and stance on reproductive health issues.”

 

- Advertisement -

Leave A Reply

Your email address will not be published.