Women's Digital Health Global Market Report 2024 To 2033 | Flo Health Inc, Garmin Ltd, Natural Cycles, Nuvo, Elvie,Advantia Health, Bellabeat, Clue by Biowink, MobileODT Ltd

The Business Research Company recently released a comprehensive report on the Global Women's Digital Health Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

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According to The Business Research Company's, 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.

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Market Drivers and Trends:

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.

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.

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Major Key Players of the Market:

Abiomed, Abbott Laboratories, Medtronic, LivaNova PLC, Terumo Corporation, Berlin Heart GmbH, Cirtec, Jarvik Heart Inc., SynCardia Systems LLC., Calon Cardio-Technology Ltd, Huadong Medicine Co. Ltd, Shenzhen Hexin Zondan Medical Equipment Co. Ltd, Sun Medical Technology Research Corp., Boston Scientific Corporation, CorWave SA, CH Biomedical (USA) Inc, Evaheart Inc, BiVACOR Inc, ReliantHeart Inc, Cardiac Assist Inc, Heart Ware International, Braile Biomedica Ltd

Women's Digital Health Market 2024 Key Insights:

• 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%.
• Surging Smartphone Penetration Fuels Growth In Women'S Digital Health
• Innovative Technological Advancements Drive Women's Digital Health Market
• North America was the largest region in the women's digital health market in 2023

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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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