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Smart Pregnancy Tracker Market | Size, Share and Scope Analysis to 2031
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According to the latest research by InsightAce Analytic, the global Smart Pregnancy Tracker market is expected to show a CAGR of 18.14% during a forecast period of 2023-2031.
Regular and continuous monitoring of the fetal activity and other vital signs of pregnant patients and the fetus is becoming increasingly common in order to determine prenatal diseases. This sort of treatment aids pregnant patients in identifying potential health issues early on and choosing an appropriate treatment strategy by increasing the likelihood of a healthy pregnancy without complications. The early testing sector is introducing cutting-edge and intelligent equipment that the patient can wear to perform real-time analysis of the fetal/unborn kid, such as a smart pregnancy tracker.
A rise in the prevalence of cardiac diseases, an increase in government funding for research projects aimed at focusing the health and wellbeing of pregnant women and their unborn children, an increase in manufacturers' interest in releasing cutting-edge smart trackers, and a rise in the level of technological advancement in real-time and non-invasive monitoring are all factors that are propelling the market for smart pregnancy trackers. When a kid is conceived by in vitro fertilization (IVF) or any other external method, many people also take preventative steps to monitor the developing child regularly. The increasing number of healthy pregnancies linked to in vitro fertilization will indirectly support the industry's expansion (IVF). The increase in preterm and post-term births is a significant factor in the market's expansion. As a result, there will be a gain in demand for fetal monitoring or tracking during the second and third trimesters due to the high occurrence of premature births. The expensive cost of trackers and bands, as well as doctors' and patients' lack of awareness, could pose growth obstacles for the market.
North America is anticipated to be the major contributor to the Smart Pregnancy Tracker market over the forecast years. This is chiefly due to several 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 favorable reimbursement environment for the devices provided by the American government. In addition, the Asia Pacific Smart Pregnancy Tracker market is expected to grow significantly during the forecast period. The high prevalence of preterm births, the expanding purchasing power and per capita income of Asian nations, and supportive government initiatives towards developing healthcare infrastructure for the mother and child care sector are all cited as contributing factors.
Major market players operating in the Smart Pregnancy Tracker market include Bloomlife, Bellabeat, Wave Hello, Koninklijke Philips N.V., Abbott, Aparito, XinRay Systems, Rubi Life, Babypod, Apple Inc., 112 Motion B.V., Medtronic, MC10, Biotricity Inc., Brainlab AG, Hitachi, Ltd., Varian Medical Systems, Inc., NUVO Inc., and BeWell Innovation.
Recent collaborations and agreements in the market:
In March 2022, Together, Royal Philips and Nuvo Group are making remote pregnancy monitoring possible in rural areas. The collaboration will start with a trial project in a remote area of Colorado using Nuvo's INVU remote monitoring gadget, which has received FDA approval.
In June 2020, To help vulnerable people during the COVID-19 situation, Royal Philips, a leader in health technology, announced an expansion of their remote patient monitoring suite. With the COVID-19 epidemic in full swing, professionals and patients must avoid unnecessarily physical interactions thanks to the new wireless Avalon CL Fetal and Maternal Pod and Patch.
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Market Segments
Global Smart Pregnancy Tracker Market, by Application, 2023-2031 (Value US$ Mn)
Cardiac Monitoring
Blood Pressure Monitoring
Real-Time Contraction Tracking
Vital Sign Tracking
Fetal Kick Monitoring
Global Smart Pregnancy Tracker Market, by Product Type, 2023-2031 (Value US$ Mn)
Wearable Patch/ Devices
Wearable Wrist Bands
Other Wearable Products
Related Software/ Mobile App
Global Smart Pregnancy Tracker Market, by End-Users, 2023-2031 (Value US$ Mn)
Hospitals & Maternity Clinics
Retail Pharmacies
E-Commerce Channels
Home Healthcare
Global Smart Pregnancy Tracker Market, by Distribution Channel, 2023-2031 (Value US$ Mn)
Online
Offline
Global Smart Pregnancy Tracker Market, by Region, 2023-2031 (Value US$ Mn)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
North America Smart Pregnancy Tracker Market, by Country, 2023-2031 (Value US$ Mn)
U.S.
Canada
Europe Smart Pregnancy Tracker Market, by Country, 2023-2031 (Value US$ Mn)
Germany
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific Smart Pregnancy Tracker Market, by Country, 2023-2031 (Value US$ Mn)
India
China
Japan
South Korea
Australia & New Zealand
Latin America Smart Pregnancy Tracker Market, by Country, 2023-2031 (Value US$ Mn)
Brazil
Mexico
Rest of Latin America
Middle East & Africa Smart Pregnancy Tracker Market, by Country, 2023-2031 (Value US$ Mn)
GCC Countries
South Africa
Rest of Middle East & Africa
Why should buy this report:
To receive a comprehensive analysis of the prospects for the global Smart Pregnancy Tracker market
To receive an industry overview and future trends of the Smart Pregnancy Tracker market
To analyze the Smart Pregnancy Tracker market drivers and challenges
To get information on the Smart Pregnancy Tracker market value (US$Mn) forecast to 2030
Significant investments, mergers & acquisitions in the Smart Pregnancy Tracker market industry
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