InsightAce Analytic Pvt. Ltd. has announced the publication of a market research report titled “Global Smart Feminine Care Market by (Types(Products (Smart Tampons, Smart Menstrual Pads, Smart Menstrual Cups, and Fertility/Ovulation monitoring Devices/Bands) and Tracking Apps/Software), Applications (Fertility, Menstruation, and Other Applications), End-users (Supermarket, General Store, Retail Pharmacies, and E-Commerce Platforms)) – Market Outlook and Industry Analysis 2030” According to company’s newest research, the global Smart Feminine Care Market is worth US$ 1,821.30 Million and is predicted to reach US$ 5,590.88 Million in 2030, with a promising CAGR of 17.38 % between 2022 and 2030.
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Women utilize various intimate hygiene products as part of their everyday cleansing routines. Innovative feminine hygiene solutions have mainly supplanted conventional ways of feminine care in recent years. Smart Tampons, Smart Menstrual Pads, Smart Menstrual Cups, Fertility/Ovulation Monitoring Devices/Bands, and Tracking Apps/Software are among these goods. The efficacy of such intelligent technologies is based on their capacity to scale solutions to individuals with varying features. For instance, Blood from a woman’s menstruation will be examined for a variety of probable reproductive health issues using the smart tampons. As technology advances, it may be possible to test Blood for an array of bio-indicators and send the results to a database that allows women to track their reproductive health over time.
With the ability to diagnose and treat diseases effectively, the global smart Feminine Care Market is expected to offer significant growth opportunities during the forecast period. Government-led initiatives to raise awareness of women’s health, as well as advanced technical options for proper treatment, are further likely to augment the market growth. Mobile fertility tracking applications (FTA) and other mobile health (mHealth) apps have emerged because of the increased use of digital technology to manage women’s health in developed countries. The growing popularity of fertility tracking apps is likely to propel market growth. The market is expected to rise due to the increased need for improved diagnosis and treatment solutions as a result of the increased prevalence of chronic and infectious diseases among women.
Impact of Covid-19 Analysis:
Currently, the Covid-19 outbreak has positively affected the market. The COVID-19 pandemic created an environment of global stress and an unprecedented opportunity to explore the influence of a potential chronic stressor on menstrual cycle parameters. There are several common factors that all healthcare systems had to address during the COVID-19 pandemic. COVID-19 has encouraged a renewed interest from women and healthcare providers for smart feminine care solutions.
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Market Segmentation Analysis:
. The product segment dominated the market for Smart Feminine Care Market in 2021. The product segment is witnessing considerable growth in recent times owing to increased innovations in women’s health products, including Smart Menstrual Cups and Fertility/Ovulation monitoring Devices/Bands. The companies are continuously introducing smart solutions for reproductive health is further expected to support industry growth in upcoming years
- Among applications, Fertility segments accounted for the largest share of the smart, feminine care market in 2021. Segment growth can be attributed to the increasing prevalence of pregnancy-related issues, rising awareness among women along with the rise in the prevalence of diseases such as Polycystic Ovary Syndrome (PCOS)
- Among End-users, Supermarket is expected to dominate the market. The high growth is contributed to easy availability, huge collection, and discount offers. However, E-commerce platforms are expected to offer lucrative growth opportunities during the forecast period on account of the rising adoption of smartphones and the rapidly evolving e-commerce industry.
Regionally, the North America region accounted for the largest market share of 41.9% in 2021 and is projected to lead during the forecast period. Easy availability of technologically advanced products, rising adoption of self-monitoring devices and smartphones along with rising awareness about fertility tracking, pregnancy prediction, and new methods for ovulation are significantly attributed to the growth of the regional market. Moreover, the rise in the incidence of women’s health issues, including chronic diseases, Infertility and PCOD, is further favouring the market growth.
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Key Players in Smart Feminine Care Market
- Nannocare Inc.
- iPulse Medical Ltd.
- Loon Lab Inc.,
- Flow, Inc
- Biowink GmbH
- Flo Health, Inc.
- Ovia Health
- Glow, Inc
- Conceivable Inc
- Ava Science, Inc
- Tmpdrop LLC
- Valley Electronics AG
- Mira Kindara
- YONO LABS
- FairHeaven Health
- Fertility Focus Limited
- Gals Bio Ltd
- Other Prominent Player
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