LAMEA Women's Digital Health Market Size, Share & Industry Trends Analysis Report By Type (Mobile Apps, Wearable Devices, Diagnostic Tools, and Others), By Application, By Country, Historical Data and Growth Forecast, 2021 - 2027
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Market Report Description
The Latin America, Middle East and Africa Women’s Digital Health Market would witness market growth of 22.7% CAGR during the forecast period (2021-2027).
The rise in the education rate of women across the world along with women empowerment initiatives is increasing rapidly. The increasing penetration of education and broad mentality would allow women across the world to more openly approach healthcare facilities and experts. The penetration of advanced technology-equipped devices and digital healthcare facilities would facilitate women to increase their focus on their health. These are the major factors that would be playing a major role in accelerating the women’s digital health market across the world in forecasting duration.
In light of the current global situation, women's health spending has increased significantly. This increase in spending is mostly due to increased knowledge of female health issues as well as consistent increases in women's disposable incomes around the world. In addition, the rising prevalence of female cancers like ovarian cancer, as well as other disorders like uterine fibroids, is anticipated to propel the market forward.
LAMEA would witness a substantial number of opportunities in the Women’s digital healthcare sector. In addition, South Africa is one of the regions comprising a population with lesser financial capabilities. Moreover, South Africa has a high birth rate. Combining these factors, the advent of women’s digital health technology and devices would be appreciated across the region due to its attribute of offering better treatment solutions for women-centric diseases at reduced costs.
The Brazil market dominated the LAMEA Women’s Digital Health Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $62.4 Million by 2027. The Argentina market is experiencing a CAGR of 23.4% during (2021 - 2027). Additionally, The UAE market would showcase a CAGR of 22.4% during (2021 - 2027).
Based on Type, the market is segmented into Mobile Apps, Wearable Devices, Diagnostic Tools, and Others. Based on Application, the market is segmented into Reproductive Health, General Healthcare & Wellness, Pregnancy & Nursing Care, and Pelvic Care. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include HeraMED Ltd, iSono Health, Inc., Clue by Biowink GmbH, Chiaro Technology Ltd. (Elvie), Natural Cycles USA Corp, Ava AG, NURX, Inc., Athena Feminine Technologies, Inc., MobileODT Ltd., and Lucina Health (Unified Women's Healthcare).
Scope of the Study
Market Segments Covered in the Report:
- Mobile Apps
- Wearable Devices
- Diagnostic Tools
- Reproductive Health
- General Healthcare & Wellness
- Pregnancy & Nursing Care
- Pelvic Care
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- HeraMED Ltd
- iSono Health, Inc.
- Clue by Biowink GmbH
- Chiaro Technology Ltd. (Elvie)
- Natural Cycles USA Corp
- Ava AG
- NURX, Inc.
- Athena Feminine Technologies, Inc.
- MobileODT Ltd.
- Lucina Health (Unified Women's Healthcare)
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