Global Wearable Pregnancy Devices Market, By Product Type (Heart Rate Monitoring Devices, Blood Pressure Monitoring Devices, Real Time Contraction Tracking Devices, Health Tracking Devices, Others), End-User (General Health and Fitness, Remote Patient Monitoring, Home Healthcare), Distribution Channel (Hospitals Pharmacies, Retail Pharmacies, Drug Stores, E-Commerce) – Industry Trends and Forecast to 2029
Market Analysis and Size
The US Healthcare Department provided data that indicated that women should try to get pregnant between the ages of 25 and 29. This age range has been identified as the most fertile and healthful for female pregnancies. The 20 to 24 age range was recommended as the next best one for female pregnancies. Thus, this has contributed to the market growth for wearable pregnancy devices. Devices like home ultrasound scanners and infant health monitors are examples of wearable pregnancy accessories.
Data Bridge Market Research analyses that the wearable pregnancy devices market which was USD 1948.47 million in 2021, would rocket up to USD 8719.11 million by 2029, and is expected to undergo a CAGR of 20.6% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (Heart Rate Monitoring Devices, Blood Pressure Monitoring Devices, Real Time Contraction Tracking Devices, Health Tracking Devices, Others), End-User (General Health and Fitness, Remote Patient Monitoring, Home Healthcare), Distribution Channel (Hospitals Pharmacies, Retail Pharmacies, Drug Stores, E-Commerce)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Koninklijke Philips N.V. (Netherlands), Bloomlife (U.S.), NUVO Inc. (Israel), Bellabeat (U.S.), Abbott (U.S.), Apple Inc (U.S.), Aparito Ltd. (U.K.), 112 Motion B.V. (Netherlands), MC10. (U.S.), Medtronic (Ireland), Brainlab AG (Germany), Varian Medical Systems, Inc. (U.K.), Hitachi, Ltd (Japan), XinRay Systems (U.S.), Biotricity (U.S.)
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Market Opportunities
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Market Definition
Wearable pregnancy devices are a category of smart technology that is utilized when pregnant. These gadgets often track the infant's movement using passive technology and have a wide range of capabilities. It lessens the possibility of pregnancy complications and expensive hospital stays.
Wearable Pregnancy Devices Market Dynamics
Drivers
- Technological Innovations
The market for wearable pregnancy devices is being driven by a number of important aspects, including the rising disposable income in emerging nations, the introduction of new and advanced goods, innovations in pregnancy gadgets, and devices that are simple to use. Additionally, during the forecast period of 2022–2029, technical developments and modernization will further provide new chances for the market for wearable pregnancy devices.
- Growing adoption of smart wearable devices
The healthcare industry has a significant need for the utilization of smart wearable devices due to the increased adoption rate of these devices and technological advancements. The market for wearable pregnancy devices is driven by many important aspects, innovations in pregnancy gadgets, and devices that are simple to use.
- Rise in lifestyle improvements
The market for wearable pregnancy gadgets is anticipated to grow as patients' knowledge of fitness and improvements in lifestyles rise. The market for wearable pregnancy devices is expected to thrive soon due to its simplicity of use and ease of setup.
Opportunities
The market will be driven in the near future by innovation in pregnancy devices and the introduction of new and cutting-edge goods. One of the factors contributing to the growth of the market for wearable pregnancy devices is rising disposable income.
Restraints/Challenges
However, among other important factors that would hinder market growth and further complicate efforts to expand the wearable pregnancy devices market during the forecast period is low understanding of the uses and advantages of these devices. The development of wearable pregnancy devices is hampered by a lack of knowledge about their use and the advantages of utilising them, particularly in less developed economies.
This wearable pregnancy devices market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the wearable pregnancy devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Wearable Pregnancy Devices Market
The threat of exposure to COVID-19 has urged patients, especially those suffering from chronic diseases, to self-administrate medication at home. Healthcare earners also keep healthcare resources available for patients in need of immediate care or who have COVID-19. There is a greater demand for remote care technology, such as wearable pregnancy devices. As a result, despite the COVID-19 epidemic, the wearable pregnancy device market is expected to grow steadily and optimistically during this period.
Global Wearable Pregnancy Devices Market Scope
The wearable pregnancy devices market is segmented on the basis of product type, distribution channel and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Heart Rate Monitoring Devices
- Blood Pressure Monitoring Devices
- Real Time Contraction Tracking Devices
- Health Tracking Devices
- Others
End-User
- General Health and Fitness
- Remote Patient Monitoring
- Home Healthcare
Distribution Channel
- Hospitals Pharmacies
- Retail Pharmacies
- Drug Stores
- E-Commerce
Wearable Pregnancy Devices Market Regional Analysis/Insights
The wearable pregnancy devices market is analysed and market size insights and trends are provided by country, product type, distribution channel and end-user as referenced above.
The countries covered in the wearable pregnancy devices market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the wearable pregnancy devices market due to rise in adoption of new technology and growing adoption of wearable technology in this region.
Asia-Pacific is the expected region in terms of growth in wearable pregnancy devices market due to increasing number of early adoption and improving healthcare infrastructure in this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The wearable pregnancy devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for wearable pregnancy devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the wearable pregnancy devices market. The data is available for historic period 2010-2020.
Competitive Landscape and Wearable Pregnancy Devices Market Share Analysis
The wearable pregnancy devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to wearable pregnancy devices market.
Some of the major players operating in the wearable pregnancy devices market are:
- Koninklijke Philips N.V. (Netherlands)
- Bloomlife (U.S.)
- NUVO Inc. (Israel)
- Bellabeat (U.S.)
- Abbott (U.S.)
- Apple Inc (U.S.)
- Aparito Ltd. (U.K.)
- 112 Motion B.V. (Netherlands)
- MC10. (U.S.)
- Medtronic (Ireland)
- Brainlab AG (Germany)
- Varian Medical Systems, Inc. (U.K.)
- Hitachi, Ltd (Japan)
- XinRay Systems (U.S.)
- Biotricity (U.S.)
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