Women Health Applications Market to be worth US$ 24 Bn by 2032 | CAGR of 21.6%
According to the study, The worldwide Women Health Applications market is assessed at US$ 3.4 Bn in 2022 and is projected to arrive at a valuation of US$ 24 Bn by 2032, growing at a CAGR of 21.6% through the figure time of 2022-2032.
Future Market Insights, a market research and competitive intelligence
provider, analyses that market demand for Women Health Applications is set to
experience a steady rise on the back of expanding internet penetration and
increased adoption of digital devices such as laptops, tablets, and
smartphones.
Market revenue through Women Health Applications is set to grow 7.8X
during 2022 – 2032. The Women Health Applications used for menstrual health
accounted for over 35% of the total revenue with a market size of US$ 880.6 Mn
in 2021.
Menstrual Health Applications aid in the tracking of ovulation as well
as directing women who are planning to avoid pregnancy or conceive. The sector
has a substantial proportion as a result of growing global demand of
menstruation health analysis as well as the addition of new features and
products by large companies.
Key Takeaways from Market Study
- The Women Health
Applications market is anticipated to add 7X to the global value by 2032.
- The market is expected to
expand at a considerable growth rate of 21.6% and be valued at US$ 24 Bn
by 2032.
- Based on type, menstrual
health segment accounted for over 35% of the global market share in 2021.
- North America dominates the
Women Health Applications market owing to increasing adoption of mobile
Health Applications for tracking menstrual cycles, pregnancy, and fitness,
as well as rising government interest in cutting healthcare costs in the
region.
“The growing influence of social media influencers and impact of
statistics based women health assessment has swelled the demand
for women's Health Applications among the younger female
population.” says a Future Market Insights analyst.
More Valuable Insights Available
Future Market Insights, in its new offering, presents an unbiased
analysis of the global Women Health Applications market, presenting historical
market data (2016-2021) and forecast statistics for the period of 2022-2032.
The study reveals essential insights by type (Fitness and Nutrition,
Menstrual Health, Pregnancy Tracking and Postpartum Care, Menopause, Disease
Management), and across key regions (North America, Latin America, Europe, East
Asia, South Asia & Oceania, and the Middle East & Africa).
Key Drivers of the market
Furthermore, the growing awareness among the female population about the
availability of various health and fitness apps has fuelled demand for the
women's health app. Furthermore, the growing awareness among the female
population about the availability of various health and fitness apps has
fuelled demand for the women's health app.
Key Segments Covered in Women Health Applications Survey
Women Health Applications Market by Type:
- Fitness & Nutrition
- Menstrual Health
- Pregnancy Tracking &
Postpartum Care
- Menopause
- Disease Management
- Other Types
Women Health Applications Market by Region:
- North America
- APAC
- Europe
- Latin America
- Middle East & Africa
Competition Landscape
App developments, partnerships, mergers and acquisitions by leading
companies etc. are some of the key strategies adopted by players operating in
Women Health Applications Market. Apple, Inc., Clue, Google, Inc.,
Fitbit, Inc., Fio Health, Glow Inc., Withings, Ovia Health, DOT, NURX, Inc. are
the key players in the market.
- In March 2021, Clue received
FDA approval to launch Clue Birth Control, a digital contraceptive that
will statistically predict ovulation for use as a birth control tool.
- The market for Women Health
Applications is dominated by companies such as Apple Inc., Clue, Google
Inc., Fitbit Inc., Fio Health, Glow Inc., and Withings.
- In March 2021, Clue received
FDA approval to launch Clue Birth Control, a digital contraceptive that
will statistically predict ovulation for use as a birth control tool.
Read More @ https://www.futuremarketinsights.com/reports/women-health-applications-market
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