The Women’s Digital Health by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Women’s Digital Health Market:
https://www.thebusinessresearchcompany.com/report/womens-digital-health-global-market-report
According to The Business Research Company’s Women’s Digital Health, The women’s digital health market size has grown exponentially in recent years. It will grow from $3.01 billion in 2023 to $3.63 billion in 2024 at a compound annual growth rate (CAGR) of 20.5%. The growth in the historic period can be attributed to strong economic growth in emerging markets, increasing penetration of smartphones, increased healthcare spending, and rising demand for pregnancy and fertility monitoring.
The women’s digital health market size is expected to see exponential growth in the next few years. It will grow to $7.67 billion in 2028 at a compound annual growth rate (CAGR) of 20.6%. The growth in the forecast period can be attributed to increasing use of digital health solutions, rising chronic diseases among women, increase in preventive healthcare practices, and rapid urbanization. Major trends in the forecast period include focusing on artificial intelligence (ai) to provide reliable services to their customers and to strengthen their market position, focusing on launching new women’s healthcare programs to provide digital services in the market. focusing on offering new healthcare mobile apps to provide reliable services to their customers and focusing on increasing their investments to expand their product portfolio and drive revenues.
The rise in smartphone penetration is expected to propel the growth of women’s digital health going forward. Smartphone penetration refers to the percentage of the population that owns and uses smartphones. Smartphone apps have become a popular tool for women’s health, providing access to a wide range of health information, from tracking menstrual cycles to managing pregnancy and fertility. With the increasing use of mobile devices, women can now easily access health information and resources at their fingertips, which has led to a more proactive approach to managing their health. For instance, In March 2022, according to the article published by We Are Social, a US-based socially-led creative agency, there are 5.22 billion mobile users worldwide, and this represents 66% of the world’s population. Furthermore, in April 2022, according to Catch Connect, an Australia-based mobile plans provider, 79.60% of the total population in Australia used a smartphone. Currently, the number of smartphone users is predicted to reach 2.8 million by 2022. Therefore, the rise in smartphone penetration drives the growth of women’s digital health.
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The women’s digital health market covered in this report is segmented –
1) By Type: Mobile Apps, Wearable Devices, Diagnostic Tools, Other Types Consumable, Instruments, Services
2) By Component: Software, Services, Hardware
3) By Application: Reproductive Health, General Healthcare, Wellness, Pregnancy, Nursing Care, Pelvic Care
Technological advancements are the key trend gaining popularity in women’s digital health market. Major companies involved in women’s digital health are focused on innovating new products to improve their observation power and sustain their position in the market. For Instance, In August 2021, Fitbit an American consumer electronics and fitness company, launched Fitbit Charge 5 a reliable fitness tracker that can track a woman’s menstrual cycle and predict her next period, making it easier for her to plan and prepare and allowing women to track their fertility by monitoring changes in their basal body temperature, heart rate, and other health metrics.
The women’s digital health market report table of contents includes:
1. Executive Summary
2. Women’s Digital Health Market Characteristics
3. Women’s Digital Health Market Trends And Strategies
4. Women’s Digital Health Market – Macro Economic Scenario
5. Global Women’s Digital Health Market Size and Growth
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26. South America Women’s Digital Health Market
27. Brazil Women’s Digital Health Market
28. Middle East Women’s Digital Health Market
29. Africa Women’s Digital Health Market
30. Women’s Digital Health Market Competitive Landscape And Company Profiles
Top Major Players:
- Flo Health Inc
- Garmin Ltd
- Natural Cycles
- Nuvo
- Elvie
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