Birth Control Wearables Market

Birth control wearables Market Forecast and CAGR

According to the latest research by Persistence Market Research, Birth control wearables Market is set to experience xxx% growth during the year 2021-2031. The growth of birth control wearable market is attributed due to the growing demand of wearable sensors in the market which is impacting the healthcare and medicinal market providing a positive upgrowth to the market.

Furthermore, growing focus on cost containment in healthcare sector along with increased demand for home healthcare care equipment’s and services are some of the major key factors driving the global market growth of birth control wearables.

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What is Driving Demand for Birth Control Wearables Market?

There is a notable increase in the adoption rate and acceptance of birth control wearables in the market due to its advantage of providing a woman to identify its daily fertility status, which is based on menstrual data and basal body temperature. Birth control wearables supports woman to understand better their menstrual cycle and help in preventing unwanted pregnancy.

Moreover, increase demand for technological advancements in the healthcare sector is also driving the demand for Birth control wearables Market.

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Increasing usage of natural cycles, first birth control app is Likely to Augment Birth control wearables Sales

Natural cycles, known as the first birth control app which is further FDA approved as a contraceptive offers impressive growth to the birth control wearable market. Its latest upgraded version allows users to connect with third party thermometers, which also consist of wearables that are present in the market, which further provides the elimination of manual data entry.

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U.S. and Canada Birth Control Wearables Market Outlook

U.S. and Canada are expected to have the highest share and therefore will dominate the Birth control wearables Market. The largest share of this region is in the clinical grade wearable market can be anticipated due to high acceptance of tablets, smartphones and various other mobile platforms.

Growth in utilization of clinical grade wearable apps for the management of birth control and acceptance of innovative technologies in this region along with growth in government initiatives and the major key players present in the region are key factors driving the growth of the market.

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Europe Demand Outlook for Veterinary Home Diagnostics

The European market for veterinary home diagnostics is estimated to grow at a considerable rate during the forecast period. This surge in growth is due to the presence of the huge patient population, increment in disposable income, enhancement in the standard of living and economic conditions and also the innovation of various low-cost device manufacturers in this region is leading towards the market growth.

Who are the Key Manufacturers and Suppliers of Veterinary Home Diagnostics?

Some of the key players operating in the Birth control wearables Market are

• Medtronic plc. (Ireland)
• Koninklijke Philips N.V. (Netherlands)
• OMRON Corporation (Japan)
• Biotelemetry Inc. (US)
• VivaLnk Inc. (US).
• Apple Inc. (US )
• Dexcom Inc. (US)
• Preventice Solutions Inc. (US)
• Abbott Laboratories(US)
• Masimo Corporation(US)
• GE He
• iRhythmS
• Biotricity Inc.(US)
• iRhythm Technologies Inc.(US)
• VitalConnect (US)
• Minttihealth (US)
• Bio-Beat Technologies (Israel)
• Contec Medical Systems Co.Ltd(China)
• Verily Life Sciences. (US)
• Cyrcardia Asia Limited (Hong Kong )
• ten3T healthcare (India)

Manufacturers in the market focus on carrying out certain strategic activities such as acquisitions and merger, expansion, product launch, etc. For instance, Naturla cycles launched as the personalized fertility tracker ahs benefits more than millions worldwide.

In June 2021, IDEXX laboratories inc. announced the acquisition of ezyVet in cloud software expansion push.

Key Segment

By Product Type

• Activity Monitors/Trackers
• Smartwatches
• Patches
• Smart Clothing

By Grade Type

• Consumer-grade
• Clinical-grade

By Application

• General Health & Fitness
• Remote Patient Monitoring
• Home Healthcare

By Distribution Channel

• Pharmacies
• Online Channel
• Hypermarkets

By Region

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• The Middle East and Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Birth Control Wearables Market Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.