Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.
Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.
We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.
In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months. Request Insights
Pregnancy Wearable Devices Market Overview
Pregnancy wearable devices are type of smart wearable devices which are used by mothers during the pregnancy period. These pregnancy wearable devices are basically a tool which connect parents with their baby in womb and also help parents to track their baby’s health in womb. The major aim behind the use of pregnancy wearable devices is to take care of baby in the mother’s womb as well as mother’s health. Further, pregnancy wearable devices can also be used to listen and record baby’s heart rate. Bloom Life, Elvie, pregnancy audio belts and Modoo are some of the very latest pregnancy wearable devices present in the market.
Market Size & Forecast
Global pregnancy wearable devices market is anticipated to grow at a maximum pace during the forecast period i.e. 2017-2024. Factors such as growing popularity of smart wearable devices and high concerns towards health of baby in mother’s womb are some major factors which are expected to bolster the growth of global pregnancy wearable devices market during the forecast period.
Geographically, global pregnancy wearable devices market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Among these regions, among these regions, North America is expected to be the dominating market of pregnancy wearable devices. Growing adoption of smart wearable devices and high disposable income of the consumers are some of the major factors which are likely to fuel the growth of pregnancy wearable devices market in North America region during the forecast period.CLICK TO DOWNLOAD FREE SAMPLE
On the other hand, Asia Pacific region is expected to experience a remarkable growth in market of pregnancy wearable devices during the forecast period. Further, this growth of pregnancy wearable devices market in Asia Pacific region can be attributed to factors such as massive population, growing disposable income and rising adoption of advanced technology in this region. Moreover, this growth of pregnancy wearable devices market in Asia Pacific region is expected to be driven by India, China and Japan countries.
Market Segmentation
Our-in depth analysis of the global pregnancy wearable devices market includes the following segments:
By Application
By Region
Global pregnancy wearable devices market is further classified on the basis of region as follows:
Growth Drivers & Challenges
Global pregnancy wearable devices market is primarily driven by growing adoption of smart wearable devices coupled with technological advancement with smart wearable devices for their use in healthcare sector.
Additionally, increasing penetration of smart phones and there compatibility with smart wearable devices are expected to foster the growth of global pregnancy device market in near future. Moreover, additional benefits of pregnancy wearable devices such as real time contraction tracking, heart rate monitoring and health tracking are some major reasons which are likely to make these products more acceptable among consumers.
Further, increasing disposable income of the consumers, growing affordability and rising adoption of advanced technologies are some of dynamic factors which are anticipated to drive the market in near future. In addition to this, growing need for effective technologies which can ensure baby’s wellness in mother’s womb is major opportunity for pregnancy wearable devices manufactures.
However, high initial cost of pregnancy wearable devices and their rental cost are some major factors which are expected to be hampering the growth of pregnancy wearable devices market during the forecast period. Moreover, lack of availability and lack of awareness towards pregnancy wearable devices are some major challenges confronting the growth of global pregnancy wearable devices market.
Key Players
The major players for pregnancy wearable devices market are as follows:
Key potential companies that may enter into manufacturing of pregnancy wearable devices are mentioned below:
Scope & Context
Overview of the Parent Market
Analyst View
Segmentation
The global pregnancy wearable devices market is segmented as follows:
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in current dynamic environment
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