Global Women’s Digital Health Market Size to Reach $6.4 Billion at a CAGR of 20.1% by 2030
Vantage Market Research expects the Women’s Digital Health Market to reach USD 6.4 Billion by 2030, exhibiting a growth rate (CAGR) of 20.1% during 2023-2030.
The Global Women’s Digital Health Market size reached USD 1.8 Billion in 2022. Vantage Market Research expects the market to reach USD 6.4 Billion by 2030, exhibiting a growth rate (CAGR) of 20.1% during 2023-2030.
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Women’s Digital Health: A Growing Market
In recent years, digital health v. The rise of smartphones, wearable technology, and numerous mobile apps has revolutionized how patients care for their health. Women, in particular, have benefited greatly from the growth of digital health, enabling them to manage their unique health challenges more effectively.
Digital health, in simple terms, refers to the integration of healthcare technologies with digital platforms to provide effective health delivery and management. Women’s Digital Health, in particular, is now a rapidly growing market, and the trend is expected to continue.
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Top Companies in Global Women’S Digital Health Market
- General Electric Company (U.S.)
- Koninklijke Philips N.V. (Netherlands)
- Analogic Corp. (U.S.)
- FUJIFILM Sonosite Inc. (U.S.)
- Siemens Healthcare GmbH (Germany)
- Medtronic PLC (Ireland)
- Getinge AB (Sweden)
- Neoventa Medical AB (Sweden)
- Natus Medical Inc. (U.S.)
- OSI Systems Inc. (U.S.)
- EDAN Instruments Inc. (China)
- The Cooper Companies Inc. (U.S.)
Mobile Apps for Female Health
Mobile or health apps are a growing facet of digital health, specially designed and developed for women's health. These apps for women’s health offer numerous benefits, from tracking menstrual cycles to providing online doctor consultations.
Apps like the Clue Period Tracker (over 15 million downloads) help young girls and women better understand their menstrual cycles and PMS symptoms and offer personalized insights into their menstrual cycle's changing patterns. There are also HealthTap doctors' apps for women’s health, which give women timely access to healthcare professionals from any location and at any time.
The success of these applications has led to the creation of many other female health apps, providing a range of services such as breastfeeding tracking, fertility monitoring, and pregnancy tracking.
Unique Products
Several unique products are available in the Women’s Digital Health market that cater to the different health needs of women. Some of the noteworthy products are:
- Period Tracking Apps: Period tracking apps are among the most popular Women’s Digital Health products. These apps help women track their menstrual cycle, fertility, and ovulation. Some popular period tracking apps are Clue, Flo, and Period Tracker.
- Pregnancy Tracking Apps: Pregnancy tracking apps are designed for expectant mothers, and they help them track their pregnancy progress, monitor their baby's growth, and receive pregnancy-related information. Some popular pregnancy tracking apps are The Bump, Ovia Pregnancy, and BabyCenter.
- Breastfeeding Apps: Breastfeeding apps are designed for new mothers and help them track their baby's feeding schedule, monitor their milk production, and receive breastfeeding-related tips. Some popular breastfeeding apps are Pumpspotting, Baby Tracker, and LatchMe.
- Menopause Apps: Menopause apps help women manage their menopausal symptoms, track their hormone levels, and receive lifestyle-related tips. Some popular menopause apps are Gennev, Menopause Coach, and Menopause Tracker.
These unique products cater to the different health needs of women and have made healthcare more accessible and convenient for them.
Wearable Technology for Women
Another growing segment of Women’s Digital Health is wearable technology. Wearable technology has revolutionized the way women track and monitor their health. Products like Fitbit, a wearable fitness tracker, provide women with real-time activity tracking, calories burnt, sleep tracking, and heart rate monitoring.
The introduction of smartwatches like Apple's Watch 6 and Samsung's Galaxy Watch 3 has further enhanced the capabilities of wearable technology. These watches offer ECG and blood pressure monitoring, giving women more options for checking their health and well-being.
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Telemedicine
Telemedicine is one of the fastest-growing segments of the digital health industry. Telemedicine refers to using digital and communication technologies to deliver healthcare services remotely without requiring patients to be physically present. It eliminates the need for long clinic or hospital trips, improves healthcare access, and saves time and money. Telemedicine's growth has opened up significant opportunities for women's healthcare in remote areas where access to medical facilities and specialists is limited. The benefits of telemedicine are beneficial to women seeking reproductive health services, mental health, and postpartum care.
Conclusion
The rise in demand for digital health solutions for women’s health has led to the growth of Women’s Digital Health as an industry. The Women’s Digital Health market continues to grow, from mobile apps for menstrual tracking to innovative vaginal health solutions, telemedicine, and wearable technology. The technological advancements and the market size potential provide a significant opportunity for digital health companies to explore the industry further and bring new innovative solutions to life. The outlook for Women’s Digital Health is bright, and we expect more technological breakthroughs in the future, giving women access to comprehensive healthcare services irrespective of location.
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