Tuesday 30 July 2019

Worldwide Smart Diapers Market Opportunity and Industry Expansion Strategies 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 Radiant Insights, 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.
Geriatric population also contributes significantly to the market demand. Old age homes, healthcare institutions, and clinics having elderly people are also prominent customers expected to drive the market over the forecast period. Possibility of infections such as inflammation of urethra in the aging population is one of the constraints to the market growth. In order to protect and reduce the possibilities of infectious diseases, companies are providing solutions by introducing apps, sensors, and Bluetooth devices.

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Smart Diapers Market

Asia Pacific is expected to expand at the fastest CAGR of 5.7% from 2019 to 2025. Most of the new entrants are coming up with new technologies applicable in sensors, thereby driving the market in the region. Increasing population and nuclear families in this region are the major factors boosting the regional market growth. Taiwan, Korea, and Australia are considered to be the emerging markets for this product. High birth rates in Asia Pacific and the Middle East countries are expected to provide growth opportunities for the market.

North America and Europe hold a dominant share in the global market owing to increasing preference for technology driven products that make life easier for consumers having busy schedule and lifestyle.

Key players operating in the global market include Alphabet's Verily, ElderSens, Pixie Scientific, SINOPULSAR, Monit Corp., Opro9, Simativa (Australia), Abena Nova, Indiegogo, and Smartipants. Some of the key players in the market are focusing on supplying the diapers with smart new sensors, which are well updated with technologies, such as Alert plus. Companies such as Alphabet's Verily and Pixie Scientific are considered to be the prominent companies in the market.

Further key findings from the study suggest:
• Based on the end user, the babies segment is expected to account for a share of 57.2% by 2025
• North America dominated the market and accounted for 34.1% share of the overall revenue in 2018. This trend is projected to continue over the next few years
• The smart diapers market in Asia Pacific is anticipated to witness significant growth due to increasing awareness among consumers and growing population in India, South Korea, and China
• The industry is highly competitive due to the presence of main players including Abena Nova; Simativa; Sino pulsar technology Inc.; Alphabet's Verily; Pixie Scientific; Monit Corp.; Opro9; and ElderSens
• Various manufacturers are focusing on new product launches and technological innovation to estimate existing and future demand patterns according to the needs of babies and adults, who can't help themselves to change the diapers when required.

Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/smart-diapers-market

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR's Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights

Chapter 3. Smart Diapers Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales/Retail Channel Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Business Environment Analysis
3.5.1. Industry Analysis - Porter's
3.5.1.1. Supplier Power
3.5.1.2. Buyer Power
3.5.1.3. Substitution Threat
3.5.1.4. Threat from New Entrant
3.5.1.5. Competitive Rivalry
3.6. Roadmap of Smart Diapers Market
3.7. Market Entry Strategies

Chapter 4. Consumer Behavior Analysis
4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Product Adoption
4.4. Observations & Recommendations

Chapter 5. Smart Diapers Market: End User Estimates & Trend Analysis
5.1. End User Movement Analysis & Market Share, 2018 & 2025
5.2. Babies
5.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
5.3. Adults
5.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)

Continued…

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About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assists and facilitate organizations and individuals procure market research reports, helping them in the decisions making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.


Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Phone: (415) 349-0054
Toll Free: 1-888-928-9744
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Email: sales@radiantinsights.com
Website: https://www.radiantinsights.com/

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