Global Birth Control Wearables Market, by Product Types (Activity Monitors/Trackers, Smartwatches, Patches, Smart Clothing), By End-Use (General Health & Fitness, Remote Patient Monitoring), By Distribution Channels (Pharmacies, Online Channels) and by Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

Birth Control Wearables Маrkеt Overview:

The global birth control wearables market is projected to reach a valuation of USD 63,361.54 Mn by 2032 at a CAGR of 13.2%, from USD 18,338.40 Mn in 2022.

Is it really so far-fetched to think about taking your birth control with you? The New York Times recently ran a piece on “wearables” or smart devices that could hold information, including birth control doses. These devices are not new and have been around for years, but advances in technology have made them smaller and more powerful. Wearables are usually linked to phones which can be synced to an app on a user’s phone.

In recent years, a novel method of utilizing a contraceptive device has been developed, and these devices can be worn on the body continuously or for a day at a time. Birth control wearables are a new type of contraception developed to be more discreet. These inventions are specifically designed to be worn on the body, or underclothes, from materials that are comfortable and can be worn for hours.

Birth control wearables are changing the way we consider or talk about birth control among millennials. From the first day of its release, Looncup has been met with overwhelming support and feedback from people all around the world. The idea of wearing birth control on your body is not only convenient, but it is also more discreet than carrying emergency contraception in your wallet or purse. It is also garnering more attention as these devices can now be used by men as well. The use of birth control wearables is a subject that many individuals have diverse opinions on. Some see this as a good solution for people who don’t want to take ‘the pill’ every day but don’t want to have an implant either. Others view these devices as being a bit out of their reserved comfort zones and would prefer to stick with what they know. Although, there are certain disadvantages to these devices. A primary one is an accuracy.

Global Birth Control Wearables Market Revenue (USD Mn), 2021–2031:

In the 1990s, birth rates were at their peak. Nowadays, women are more educated and have a better understanding of their bodies and needs. This is why the number of women who take birth control regularly has been increasing with each passing year. A recent study completed by the Centers for Disease Control and Prevention found that about half of American women have had an unintended pregnancy, which may have been prevented if they were on birth control. Since the early 1900s, insurance companies have covered birth control under their respective policies. It has now come to the point where birth control can be purchased over-the-counter and women are no longer dependent on an insurance company to make their purchases. In this new era of birth control, wearables have become a major player in the birth control market. These wearables monitor a user’s fertility levels and provide information about potential risks for pregnancy.

There has been a recent spike in birth control wearables being released in this market. These devices can be worn on a person’s body and are monitored by a companion app, allowing for increased accessibility and convenience. While it may seem that this is just another form of contraception, these devices have had an adverse effect on sexual activity. In fact, one survey found that less than 10% of participants who used these types of devices were still sexually active. These factors are anticipated to aid in augmenting this market further in the years to come.

A recent article published by the New York Times about the latest birth control devices and apps has sparked mixed reactions among women and men. Some say it is a great idea and hope that this will help them feel more in control of their reproductive health, while others feel that these devices are not safe or private enough. A recent study by the University of California, Berkeley indicates that wearable birth control is a valuable tool for women to have access to. The need for this type of contraception arose from the high failure rate of oral contraceptives. Birth control wearables are designed with an embedded sensor to release hormones in response to data detected by sensors. Although there are benefits to wearables, they may not be the most effective solution, as most participants had pregnancy rates above 50%.

In recent years, birth control wearables have been the subject of much debate. The FDA has not approved their safety yet owing to a lack of research data. The only study that has been done, is at a small company in California that is using new technology to ensure their devices are safe for use. These are certain factors that are anticipated to have a negative impact on this market over the next decade.
According to a recent report published in Time, birth control wearables may be the next big thing for women. The device, which is implanted in the arm like an insulin pump, is activated by a remote with custom-made birth control capsules that release hormones when it’s turned on. This way, women aren’t sitting on needles or taking trips to the pharmacy every time they need their contraception. The birth control wearables market is expected to grow by leaps and bounds in the coming years. Some of the reasons for this include:

– More individuals using birth control than ever before, and contraceptive methods involving wearing a device, such as a patch or a ring, are becoming more common.

– The wearables industry has been growing significantly and companies have been keen on diversifying their product offerings with wearables so as to tap into this lucrative market.

This research report on the global birth control wearables market includes major company profiles such as

• Medtronic Plc. (Ireland)
• Koninklijke Philips N.V. (Netherlands)
• OMRON Corporation (Japan)
• Biotelemetry Inc. (US)
• VivaLnk Inc. (US)
• Apple Inc. (US)
• Dexcom Inc. (US)
• Preventice Solutions Inc. (US)
• Abbott Laboratories (US)
• Masimo Corporation(US)
• Others.

The Global Birth Control Wearables Market Segmentation is Based on Product Types, End-Use, Distribution Channels, and Region

Based on Product Types

• Activity Monitors/Trackers
• Smartwatches
• Patches
• Smart Clothing

Based on End-Use

• General Health & Fitness
• Remote Patient Monitoring
• Home Healthcare

Based on Distribution Channels

• Pharmacies
• Online Channels
• Hypermarkets

Based on Region

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

For the Birth Control Wearables Market research study, the following years have been considered to estimate the market size: