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Smart Diapers Market: By Top Companies, Business Growth, Key Applications, Forecast To 2033
Smart Diapers Market
As per the report, the smart diapers market size has grown strongly in recent years. It will grow from $9.05 billion in 2023 to $9.6 billion in 2024 at a compound annual growth rate (CAGR) of 6.0%. The smart diapers market size is expected to see strong growth in the next few years. It will grow to $12.58 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%.
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Rising Birth Rates Fuel Growth In The Smart Diapers Market
The increase in birth rates are expected to propel the growth of the smart diapers market going forward. The birth rate is defined as the number of live births per thousand people in a given year. Smart diapers help to identify certain health problems such as constipation, skin rashes, other allergies, and incontinence in children. According to Macotrends, a premier research platform, the United States' current birth rate in 2021 is 12.001 births per 1000 people, up 0.09% from 2020. Therefore, the high birth rates are driving the growth of the smart diapers market.
Innovative Solutions Drive Growth In The Smart Diapers Market
Major companies operating in the smart diapers market are focusing on developing innovative services, such as Orizon, to meet the increasing demand and drive market growth. Orizon is a smart incontinence service designed to enhance continence care efficiency and dignity for residents in care homes and hospitals. For instance, in June 2021, Ontex., a Belgium-based personal care product company, launched a smart diaper service called Orizon that enhances continence care efficiency and dignity for patients in care homes and hospitals. The smart diaper solution comprises a top-quality diaper with a printed sensor, a transmitter clipped onto the diaper, and an application for mobile devices. Moreover, this combination accurately determines the saturation level of the diaper and alerts caregivers when it is time to change the diaper, reducing the time spent on continence care and freeing up time for other essential care tasks.
The smart diapers market covered in this report is segmented -
1) By Product Type: Babies, Adults
2) By Application: Universal Care, Community Care, Clinical Care
3) By Distribution Channel: Online, Retail
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Major companies operating in the smart diapers market report are Johnson & Johnson Services Inc., The Procter & Gamble Company, Unicharm Corporation, First Quality Enterprises Inc., Svenska Cellulosa Aktiebolaget, MONIT Corp, Verily Life Sciences LLC, Abena Holding A/S, DigiSense Technologies Inc., Attends Healthcare Products Inc., Smartipants Inc., Indiegogo Inc., Bummis Inc., Simavita Limited, Sensassure, ElderSens, Aden & Anais Inc., Pixie Scientific LLC, Opro9, Hunan Cosom Care Products Co Ltd., Sinopulsar Technology Inc., Fit Assist Medical Inc., Smardii AB, Dry Baby Inc., DiaperSens, DiaperMate by Futurestar Enterprises Limited, Chiaus (Fujian) Industrial Development Co Ltd., BabyBloom Healthcare BV
Contents of the report:
1. Executive Summary
2. Smart Diapers Market Report Structure
3. Smart Diapers Market Trends And Strategies
4. Smart Diapers Market - Macro Economic Scenario
5. Smart Diapers Market Size And Growth
…..
27. Smart Diapers Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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