According to HTF Market Intelligence, the Global Female Fertility Tracker market to witness a CAGR of 10.7% during forecast period of 2023-2028. Global Female Fertility Tracker Market Breakdown by Utility (Wearable, Non-Wearable) by Physiological Parameters (Temperature, Pulse rate and Respiration rate, Sleep, Others) by Distribution Channel (Hospital Pharmacy, Retail Pharmacies, Mail Order Pharmacies) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Female Fertility Tracker market size is estimated to increase by USD 28.54 Billion at a CAGR of 10.7% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 16.18 Billion.
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Female fertility trackers are wearable devices or mobile applications that help women track and monitor their menstrual cycles, ovulation, and other fertility-related parameters.
Female Fertility Tracker market – Key Segment Analysis
The market share growth by the Wearable segment will be significant during the forecast period. The segment is driven by the Rising awareness about fertility tracking methods and their benefits in aiding pregnancy planning..
Female Fertility Tracker market – Competition Analysis
The global Female Fertility Tracker market is seeing several joint ventures to intensify the capability of manufacturers and/or companies to establish geographic footprints to new territory. The vendors are accelerating M&A strategies to expand their geographical reach, which is shaping the market toward new growth cycle. The list of players that are profiled in the study are YONO (India), OvaCue (United States), Avawomen (Switzerland), Ovia Health (United States), Conceivable (United States), Glow (United States), Swiss Precision Diagnostics (Switzerland), Valley Electronics AG (Switzerland), Quanovate Tech, Inc. (United States), via HealthTech Limited (United Kingdom), Raising Medical Company (China), Lady Technologies, Inc. (United States). Additionally, other players that are part of this detailed analysis are Tempdrop (United States), Inito (India), Prima Temp (United States)..
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Female Fertility Tracker
Market Drivers
- Rising awareness about fertility tracking methods and their benefits in aiding pregnancy planning.
Market Trend
- Growing interest in women’s health and family planning has led to increased adoption of fertility trackers, offering women greater control over their reproductive health.
Market Opportunities
- Expanding market in developing countries due to improving healthcare infrastructure and rising disposable income.
Market Restraints
- Privacy and security concerns related to sensitive fertility data collected by these trackers.
Market Challenges
- Competing with traditional contraceptive methods and fertility treatments.
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What key data is demonstrated in this Female Fertility Tracker market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the Female Fertility Tracker market between 2023 and 2028
- Precise estimation of the size of the Female Fertility Tracker market and its contribution to the parent market
- Accurate predictions about upcoming trends and changes in consumer behaviour
- Value in dollar term and growth of the market industry across APAC, Europe, North America, South America, and Middle East and Africa; further broken down by major country within region.
- Thorough analysis of the market’s competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of Female Fertility Tracker market players
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FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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