According to projections, the global women’s digital health solutions market was valued at US$ 2.3 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 24.2% to reach US$ 20.1 billion by 2032.
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The global market for Women Digital Health Solutions is currently valued at US$ 2.3 billion in 2022 and is anticipated to reach US$ 20.1 billion by 2032, with a compound annual growth rate (CAGR) of 24.2% from 2022 to 2032.
Reproductive health is the leading application of Women Digital Health, accounting for nearly 40% of the total market. This is largely due to the widespread availability of mobile phone apps and other technologies that empower women around the world to gain a better understanding of their reproductive system and related issues.
Key Takeaways:
- The Women Digital Health Solutions Market is anticipated to add 8.7X value between 2022 and 2032.
- The market is expected to expand at a significant growth rate of 24.2% to reach a valuation of US$ 20 Billion by 2032.
- Based on applications, reproduction health segment accounted for around 40% of the global market share in 2021.
“Several companies are turning to artificial intelligence, machine learning and IOT to improvise their Women Digital Health applications.” says a Future Market Insights analyst.
Competitive Landscape
Competition in Women Digital Health Solutions Market is impacted by application advancements, partnerships, as well as mergers and acquisitions by leading companies. Several companies in the market are turning to Artificial Intelligence, machine learning and IOT to improvise Women Digital Health applications.
- In 2017, at the 2017 International Continence Society Conference, Elvie announced the availability of an NHS supply chain that uses Bluetooth to provide biofeedback therapy to women all around the world.
The market for Women Digital Health is dominated by companies such as HeraMED Ltd, iSono Health, Inc., Clue by Biowink GmbH, and Chiaro Technology Ltd. (Elvie). North American region has been dominating the Women Digital Health Solutions Market owing to the region’s availability of advanced technological infrastructure, improved access to cutting-edge devices, increased diagnostic and treatment reach, and higher disposable incomes. Europe is the second largest holder of the overall Women Digital Health industry.
In 2017, at the 2017 International Continence Society Conference, Elvie announced the availability of an NHS supply chain that uses Bluetooth to provide biofeedback therapy to women all around the world.
More Insights Available:
The North American region is the largest Women Digital Health Market, with the United States being the primary contributor to the growth of the market. The market is driven by factors such as the increasing prevalence of chronic diseases among women, rising awareness about women’s health, and the increasing adoption of digital health solutions. The market is also characterized by the presence of several leading players, which is driving innovation in the market.
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Segments:
Women Digital Health Solutions Market by Type:
- Mobile apps
- Wearable devices
- Diagnostic tools
Women Digital Health Solutions Market by Application:
- Reproductive health
- Pregnancy and Nursing Care
- Pelvic Care
- General healthcare and wellness
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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