Women’s Digital Health Market Size Worth $6.5 Billion By 2028: Grand View Research, Inc. | News

SAN FRANCISCO, June 16, 2021 / PRNewswire / – The global digital health market for women Size is expected to reach $ 6.5 billion by 2028, based on a new report from Grand View Research, Inc. The market is expected expand with a CAGR of 19.9% ​​from 2021 to 2028. The encouraging regulatory environment for digital solutions for women’s fitness issues is expected to drive growth in the market. In addition, the increasing funding of start-ups in the women’s health space is one of the key growth drivers as investors are now drawn to this market.

Important suggestions from the report:

• The mobile apps segment held a large share of the market in 2020 due to the increasing adoption of mobile apps for menstrual cycle, fertility cycle and pregnancy management.
• On the flip side, the wearable device segment is likely to see the fastest growth over the forecast period, as it allows women to track their fitness parameters, menstrual cycles, ovulation, physical activity, heart rate, and sleep patterns
• The reproductive health segment accounted for a large part of the market share in 2020 in terms of the highest adoption rate of mobile applications for female care management.
• In 2020, North America held the majority of the regional market share due to, among other things, the availability of advanced technological infrastructure, better access to the latest equipment, better range for diagnosis and treatment. Asia Pacific is expected to experience the fastest growth in the forecast period from 2021 to 2028 growth
• Market participants seize the opportunities by developing solutions for the specific areas of women’s health. The established players rely on extensive R&D activities. Therefore, the start-up companies are constantly under pressure to bring individually adaptable, user-friendly solutions to the market in order to maintain their position in the market

Read the 90-page research report with ToC on “Market Size, Share and Trend Analysis for Women in Digital Health by Type, by Application (Reproductive Health, Pregnancy and Care, Pelvic Care, General Health and Wellness), by Region and Segment Forecasts. 2021 – 2028 “under: https://www.grandviewresearch.com/industry-analysis/women-digital-health-market

Regulators have approved digital health applications that are specifically focused on women’s care. For example, the FDA approved Ava, a wearable device and mobile fertility monitoring application developed by Natural Cycles, as a class one medical device in 2016. Ava received CE approval as a class two medical device in 2017.

Women’s health care is gradually moving beyond reproductive health. Breast cancer, cardiovascular disease, cervical cancer, maternal mortality and mental illness all add significantly to the exposure to health problems facing women. The government and various private organizations are now particularly focusing on women’s fitness and developing prominent solutions to address the issues.

The Covid-19 pandemic has changed the health scenario as many countries put strict lockdowns in place and millions of women in developing and underdeveloped countries lacked access to necessary maternal care and contraception. In some countries, reproductive health issues were classified as non-essential services during the pandemic. As a result, the implementation of digital fitness solutions such as mobile apps and wearable tracking devices saw significant growth in 2020.

Grand View Research has segmented the global Women’s Digital Health Market by Type, Application, and Region:

• Women’s Digital Health Outlook (Revenue, $ Mn, 2016-2028)
• Mobile apps
• Portable devices
• Diagnostic tools
• Other

• Women’s Digital Health Outlook (Revenue, $ Mn, 2016-2028)
• Reproductive health
• Pregnancy & Care
• Pelvic care
• General health & wellness

• Regional Outlook for Women’s Digital Health (Revenue, $ Mn, 2016-2028)
• North America
• Europe
• United Kingdom
• Germany
• France
• Italy
• Spain
• Asia Pacific
• Latin America
• middle East & Africa

List of major players in the women’s digital health market

• HeraMED
• iSono health
• Note from Biowink
• Chiaro Technology Ltd.
• Natural cycles
• Ava Science, Inc.
• NURX Inc.
• Prima-Temp, Inc.
• glow
• Lucina health
• MobileODT Ltd.
• Fat SA
• Athena Feminine Technologies
• Plackal technology

More research reports can be found at Healthcare IT industry, from Grand View Research:

• Digital Healthcare Market – The global Digital Healthcare market size has been increased to. estimated $ 96.5 billion in 2020 and is expected to grow at an average annual growth rate (CAGR) of 15.1% from 2021 to 2028.
• Women’s Health Apps Market – The global Women’s Health Apps market size has been increased to. estimated $ 2.3 billion in 2020 and is expected to grow at an average annual growth rate (CAGR) of 19.0% from 2021 to 2028.
• Women’s Health Rehabilitation Products Market – The global Women’s Health Rehabilitation Products market size has been estimated at $ 2.6 billion in 2015 and is expected to grow at a CAGR of 5.4% over the forecast period.

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Via Grand View Research

Grand View Research, a US-based market research and advisory firm, provides both syndicated and bespoke research reports and advisory services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants who add more than 1200 market research reports to its extensive database each year. These reports provide detailed analysis of 46 industries in 25 major countries around the world. Using an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutions understand the global and regional business environment and assess the opportunities ahead.

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SOURCE Grand View Research, Inc.

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