10.06.2019 Views

Global Smart Diapers Market Expected to Reach USD 11.4 billion by 2025

The global smart diapers market size is expected to reach USD 11.4 billion by 2025, expanding at a CAGR of 6.5% from 2019 to 2025, according to a report by Grand View Research, Inc. Introduction of smart wearables is driving manufacturers of this industry to focus on developing diapers integrated with sensors, which will enable the caregivers to take effective care of the babies and old people.

The global smart diapers market size is expected to reach USD 11.4 billion by 2025, expanding at a CAGR of 6.5% from 2019 to 2025, according to a report by Grand View Research, Inc. Introduction of smart wearables is driving manufacturers of this industry to focus on developing diapers integrated with sensors, which will enable the caregivers to take effective care of the babies and old people.

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

<strong>Global</strong> <strong>Smart</strong> <strong>Diapers</strong> <strong>Market</strong> <strong>Expected</strong> <strong>to</strong><br />

<strong>Reach</strong> <strong>USD</strong> <strong>11.4</strong> <strong>billion</strong> <strong>by</strong> <strong>2025</strong><br />

“Geriatric population also contributes significantly<br />

<strong>to</strong> the market demand. Old age homes, healthcare<br />

institutions, and clinics having elderly people are<br />

also prominent cus<strong>to</strong>mers expected <strong>to</strong> drive the<br />

market over the forecast period.”<br />

The global smart diapers market size is expected <strong>to</strong> reach <strong>USD</strong> <strong>11.4</strong> <strong>billion</strong> <strong>by</strong> <strong>2025</strong>,<br />

expanding at a CAGR of 6.5% from 2019 <strong>to</strong> <strong>2025</strong>, according <strong>to</strong> a report <strong>by</strong> Grand View Research, Inc.<br />

Introduction of smart wearables is driving manufacturers of this industry <strong>to</strong> focus on developing<br />

diapers integrated with sensors, which will enable the caregivers <strong>to</strong> take effective care of the babies<br />

and old people.<br />

Geriatric population also contributes significantly <strong>to</strong> the market demand. Old age homes, healthcare<br />

institutions, and clinics having elderly people are also prominent cus<strong>to</strong>mers expected <strong>to</strong> drive the<br />

market over the forecast period. Possibility of infections such as inflammation of urethra in the aging<br />

population is one of the constraints <strong>to</strong> the market growth. In order <strong>to</strong> protect and reduce the<br />

possibilities of infectious diseases, companies are providing solutions <strong>by</strong> introducing apps, sensors,<br />

and Blue<strong>to</strong>oth devices.<br />

Asia Pacific is expected <strong>to</strong> expand at the fastest CAGR of 5.7% from 2019 <strong>to</strong> <strong>2025</strong>. Most of the new<br />

entrants are coming up with new technologies applicable in sensors, there<strong>by</strong> driving the market in the<br />

region. Increasing population and nuclear families in this region are the major fac<strong>to</strong>rs boosting the<br />

regional market growth. Taiwan, Korea, and Australia are considered <strong>to</strong> be the emerging markets for<br />

this product. High birth rates in Asia Pacific and the Middle East countries are expected <strong>to</strong> provide<br />

growth opportunities for the market.<br />

Follow Us:


Complete Report Available @ https://www.radiantinsights.com/research/smartdiapers-market<br />

North America and Europe hold a dominant share in the global market owing <strong>to</strong> increasing<br />

preference for technology driven products that make life easier for consumers having busy schedule<br />

and lifestyle.<br />

Key players operating in the global market include Alphabet's Verily, ElderSens, Pixie Scientific,<br />

SINOPULSAR, Monit Corp., Opro9, Simativa (Australia), Abena Nova, Indiegogo, and <strong>Smart</strong>ipants.<br />

Some of the key players in the market are focusing on supplying the diapers with smart new sensors,<br />

which are well updated with technologies, such as Alert plus. Companies such as Alphabet's Verily<br />

and Pixie Scientific are considered <strong>to</strong> be the prominent companies in the market.<br />

Further key findings from the study suggest:<br />

• Based on the end user, the babies segment is expected <strong>to</strong> account for a share of 57.2% <strong>by</strong> <strong>2025</strong><br />

• North America dominated the market and accounted for 34.1% share of the overall revenue in<br />

2018. This trend is projected <strong>to</strong> continue over the next few years<br />

• The smart diapers market in Asia Pacific is anticipated <strong>to</strong> witness significant growth due <strong>to</strong><br />

increasing awareness among consumers and growing population in India, South Korea, and<br />

China<br />

• The industry is highly competitive due <strong>to</strong> the presence of main players including Abena Nova;<br />

Simativa; Sino pulsar technology Inc.; Alphabet's Verily; Pixie Scientific; Monit Corp.; Opro9;<br />

and ElderSens<br />

• Various manufacturers are focusing on new product launches and technological innovation <strong>to</strong><br />

estimate existing and future demand patterns according <strong>to</strong> the needs of babies and adults, who<br />

can't help themselves <strong>to</strong> change the diapers when required.<br />

Table of Contents<br />

Chapter 1. Methodology and Scope<br />

1.1. <strong>Market</strong> Segmentation & Scope<br />

1.2. <strong>Market</strong> Definition<br />

1.3. Information Procurement<br />

1.3.1. Purchased Database<br />

1.3.2. GVR's Internal Database<br />

1.3.3. Secondary Sources & Third-Party Perspectives<br />

1.3.4. Primary Research<br />

1.4. Information Analysis<br />

Follow Us:


1.4.1. Data Analysis Models<br />

1.5. <strong>Market</strong> Formulation & Data Visualization<br />

1.6. Data Validation & Publishing<br />

Chapter 2. Executive Summary<br />

2.1. <strong>Market</strong> Outlook<br />

2.2. Segmental Outlook<br />

2.3. Competitive Insights<br />

Chapter 3. <strong>Smart</strong> <strong>Diapers</strong> <strong>Market</strong> Variables, Trends & Scope<br />

3.1. <strong>Market</strong> Introduction<br />

3.2. Penetration & Growth Prospect Mapping<br />

3.3. Industry Value Chain Analysis<br />

3.3.1. Sales/Retail Channel Analysis<br />

3.3.2. Profit Margin Analysis<br />

3.4. <strong>Market</strong> Dynamics<br />

3.4.1. <strong>Market</strong> Driver Analysis<br />

3.4.2. <strong>Market</strong> Restraint Analysis<br />

3.4.3. Industry Challenges<br />

3.4.4. Industry Opportunities<br />

3.5. Business Environment Analysis<br />

3.5.1. Industry Analysis - Porter's<br />

3.5.1.1. Supplier Power<br />

3.5.1.2. Buyer Power<br />

3.5.1.3. Substitution Threat<br />

3.5.1.4. Threat from New Entrant<br />

3.5.1.5. Competitive Rivalry<br />

3.6. Roadmap of <strong>Smart</strong> <strong>Diapers</strong> <strong>Market</strong><br />

3.7. <strong>Market</strong> Entry Strategies<br />

Chapter 4. Consumer Behavior Analysis<br />

4.1. Consumer Trends and Preferences<br />

4.2. Fac<strong>to</strong>rs Affecting Buying Decision<br />

4.3. Consumer Product Adoption<br />

4.4. Observations & Recommendations<br />

Request a Sample Copy of This Report @<br />

https://www.radiantinsights.com/research/smart-diapers-market/requestsample<br />

Follow Us:


About Radiant Insights, Inc:<br />

Radiant Insights is a platform for companies looking <strong>to</strong> meet their market research<br />

and business intelligence requirements. We assist and facilitate organizations and<br />

individuals procure market research reports, helping them in the decision making<br />

process. We have a comprehensive collection of reports, covering over 40 key<br />

industries and a host of micro markets. In addition <strong>to</strong> over extensive database of<br />

reports, our experienced research coordina<strong>to</strong>rs also offer a host of ancillary services<br />

such as, research partnerships/ tie-ups and cus<strong>to</strong>mized research solutions.<br />

Contact Details:<br />

Michelle Thoras<br />

Corporate Sales Specialist, USA<br />

Radiant Insights, Inc<br />

28 2nd Street, Suite 3036, San Francisco, CA 94105, United States<br />

Phone: 1-415-349-0054<br />

Toll Free: 1-888-202-9519<br />

Email: sales@radiantinsights.com<br />

Web: http://www.radiantinsights.com/<br />

Visit Our Blog: http://radiantinsightinc.blogspot.in/<br />

Follow Us:

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!