Press release
Global Smart Pregnancy Tracker Market | Key Players are Koninklijke Philips N.V., Abbott, Aparito, Apple Inc., 112 Motion B.V., Medtronic, MC10, Biotricity Inc., Brainlab AG, Hitachi, Ltd
The Global Smart Pregnancy Tracker Market is estimated to exhibit a CAGR of 17.7% during the forecast period.Request for Sample Pages: https://www.insightaceanalytic.com/request-sample/1343
Monitoring fetal activity and other vital signs of pregnant patients and the unborn child on a regular basis and in real-time is becoming increasingly popular in the market for diagnosing prenatal diseases. By raising the likelihood of a healthy, problem-free pregnancy, this type of therapy aids expectant patients in identifying health issues earlier and choosing a methodical course of treatment. In order to undertake real-time analysis of the fetal/unborn kid, innovative and smart equipment that the patient can wear is being introduced into the early testing business, such as a smart pregnancy tracker. The global market for pregnancy tracking is expanding as a result of factors including expanding pregnancy tracking applications research activities, applications in medicine, and rising cases of chronic lifestyle disorders, including diabetes and obesity, among others. The market for pregnancy tracking will also expand in the upcoming years as major app developers in this sector adopt an advanced approach to creating new apps and estimating their potential revenues.
List of Prominent Players in the Smart Pregnancy Tracker Market:
Bloomlife,
Bellabeat,
Wave Hello,
Koninklijke Philips N.V.,
Abbott,
Aparito,
Apple Inc.,
112 Motion B.V.,
Medtronic,
MC10,
Biotricity Inc.,
Brainlab AG,
Hitachi, Ltd.,
Varian Medical Systems, Inc.,
XinRay Systems,
Rubi Life,
Babypod,
NUVO Inc.,
BeWell Innovation
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Market Dynamics:
Drivers-
Increased use of health apps is expected to represent favourable growth in the Smart Pregnancy Tracking market as a result of the rising adoption of smartphones and tablets with advanced connectivity of 3G and 4G networks. The demand for pregnancy tracking is growing as a result of women's increasing awareness of advanced ovulation and pregnancy prediction with high accuracy. The market for pregnancy tracking apps is expanding due to other causes, including women throughout the world dreaming of having children and an increase in infertility rates. Women are increasingly represented in the workforce on a global scale. This reflects a worldwide community of professional, financially independent women who need access to appropriate modulation of their circadian rhythm, thus driving the market's growth.
Challenges:
One of the critical problems inhibiting the industry is uncertainty about the efficacy of pregnancy trackers, and the lack of precise scientific validation is impeding business expansion. Another obstacle to the widespread use of smart pregnancy trackers is the difficulty of effectively understanding physiological signals that differ significantly between women.
Regional Trends:
One of the markets for smart pregnancy trackers that generates the most revenue in North America. This is primarily due to a number of factors, including the introduction of technologically advanced trackers into the U.S. and Canadian markets, the existence of significant players in the North American region, the high awareness of non-invasive tracking among patients, and the favourable reimbursement environment for the devices provided by the American government. Smartphone usage is widespread in these areas, and birth control awareness is rising as a result. The region's market will develop even more during the projected period as government interest in reducing healthcare expenses increases. In the forthcoming years, it is projected that the region's market will rise due to rising smartphone adoption and rising internet availability.
Recent Developments:
• In March 2022, Royal Philips and Nuvo Group are collaborating to enable remote pregnancy monitoring in rural regions. The cooperation will begin with a pilot programme in rural Colorado utilising Nuvo's FDA-approved INVU remote monitoring device.
• In June 2020, Royal Philips, a global pioneer in health technology, announced today an expansion of its remote patient monitoring suite to assist at-risk people during the COVID-19 emergency. The new wireless Avalon CL Fetal and Maternal Pod and Patch are designed to reduce needless physical encounters between clinicians and patients, which is particularly important given the COVID-19 pandemic.
Segmentation of Smart Pregnancy Tracker Market-
By Application
• Cardiac Monitoring
• Blood Pressure Monitoring
• Real-Time Contraction Tracking
• Vital Sign Tracking
• Fetal Kick Monitoring
By Product Type
• Wearable Patch/ Devices
• Wearable Wrist Bands
• Other Wearable Products
• Related Software/ Mobile App
By End-User
• Hospitals & Maternity Clinics
• Retail Pharmacies
• E-Commerce Channels
• Home Healthcare
By Distribution Platform
• Online
• Offline
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
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