Published Date: 28-Feb-2022
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According to a new report Global Women’s Digital Health Market, published by KBV research, The Global Women’s Digital Health Market size is expected to reach $4.7 billion by 2027, rising at a market growth of 18.5% CAGR during the forecast period.
The Mobile Apps market acquired maximum revenue share in the Global Women’s Digital Health Market by Type 2020, thereby, achieving a market value of $2.9 billion by 2027. The growth of this segment is due to the increased utilization of mobile apps for the management of menstrual cycles, fertility cycles, and pregnancy. Moreover, the increased adoption and accessibility of mobile phones allow women to leverage the advantages of convenient mobile phone apps. This factor played a major role in accelerating the growth of this segment of the market.
The General Healthcare & Wellness market shows highest growth rate of 18.5% during (2021 - 2027). The increasing growth of this segment of the market can be dedicated to the increasing scale of education and knowledge among women about the importance of prioritizing personal health. Moreover, the increasing precedence to the issues related to menstrual health is another key reason that is expediting the demand for convenient access to technologies that can answer their general queries about their personal well-being.
The North America market is the fastest growing region in the Global Women’s Digital Health Market by Region 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1.9 billion by 2027. The Europe market is expected to witness a CAGR of 18.3% during (2021 - 2027). Additionally, The Asia Pacific market is expected to witness a CAGR of 18.6% during (2021 - 2027).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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).
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