Smart Fertility Tracker Market: Overview
The smart fertility tracker market may record considerable growth across the forecast period of 2020-2030. The rising birth rates across numerous countries and the growing awareness among women about the benefits of fertility tracking may bring great growth opportunities for the smart fertility tracker market.
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A report from the United Nations (UN) suggests that for every 6 months, approximately 7 mn women will experience unintended pregnancies. These unintended pregnancies may bring tremendous growth prospects for the smart fertility tracker market during the forecast period of 2020-2030. Smart fertility trackers are available in wearable and non-wearable types. On the basis of technology, the smart fertility tracker market can be classified into urine tests based trackers and basal body temperature based trackers.
This report presents various growth aspects to the stakeholders that help them achieve magnifying growth in the smart fertility tracker market. The scrutinized analysis of each aspect related to the growth of the smart fertility tracker market will be displayed in this report. A proper analysis of TMRs (Trends, Manufacturers, and Regions) etched with the smart fertility tracker market is reflected in the report.
The report also includes details about the COVID-19 impact on the smart fertility tracker market and the vital threats that the smart fertility tracker market may face between 2020 and 2030.
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Smart Fertility Tracker Market: Industrial Insights
With numerous players in the ring for gaining a significant position, the global smart fertility tracker market can be classified as fragmented. The manufacturers also try to build a strong network of vendors to enable seamless distribution of products among the consumers. The players are also strengthening their influence across e-commerce platforms as it has gained prominence as the preferred buying mode since the pandemic struck.
The players also invest heavily in research and development activities for exploring novel insights that prove to be of great benefit for increasing their revenue. Marketing strategies highlighting the advantages of smart fertility trackers are also gaining popularity as a prominent growth-multiplying factor for the smart fertility tracker market.
Activities like mergers, acquisitions, joint ventures, collaborations, and partnerships acquire an important place in terms of the expansion plans of the players in the smart fertility tracker market. These activities eventually assist in increasing the growth rate of the smart fertility tracker market.
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Prominent players in the smart fertility tracker market are Hangzhou Bangtang Network Technology Co., Ltd., iXensor Co., Ltd., Easy@Home Fertility, Raiing Medical, Inc., and Comper Healthcare.
Smart Fertility Tracker Market: Key Trends
Novel technologies are seeping into the smart fertility tracker market through great product launches. Technologies such as contact-free devices are bringing immense growth opportunities for the smart fertility tracker market. For instance, EarlySense Percept is a no-contact fertility monitor which can be kept under the mattress where an individual who wants to monitor her fertility is sleeping. The device tracks the data and readies it in a while. Such advancements may bring expansive growth prospects for the smart fertility tracker market.
However, many concerns are being raised about the accuracy of the device, which leads to low recommendation from doctors and clinicians. This aspect may prove as a major growth dampener for the smart fertility tracker market. In addition, adoption is less in low-income countries. This factor may also hinder the growth of the smart fertility tracker market to a certain extent.
Smart Fertility Tracker Market: Regional Prospects
North America may record substantial growth across the forecast period of 2019-2029 on the back of the expansive awareness among women about the benefits of smart fertility trackers. Europe may also record promising growth for the smart fertility tracker market due to advancements in medical and healthcare technology.
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