Posted by IMARC Group, a leading market research company, has recently releases report titled “Smart Diaper Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global smart diaper industry growth, share, size, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How Big is the Smart Diaper Market?
The global smart diaper market size reached US$ 664 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,687 Million by 2028, exhibiting a growth rate (CAGR) of 15.8% during 2023-2028.
What are Smart Diaper?
Smart diapers utilize radio-frequency identification (RFID) sensors to detect moisture and transmit signals to alert parents or caregivers. They can identify health issues in babies and adults, such as incontinence or constipation. They help nurses working in neonatal units and care in preventing rashes and urinary tract infections (UTIs) in infants. At present, smart diapers are widely used to monitor the sleeping patterns of babies and inhibit sleep-related deaths, including sudden infant death syndrome (SIDS), across the globe.
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What are the growth prospects and trends in the smart diaper industry?
The global smart diaper market is primarily driven by increasing demand for advanced technologies to support nuclear and working families in efficient baby care. Moreover, smart diapers aid in maintaining hygiene and preventing skin infections in infants and adults. In line with this, the easy availability of smart diapers through online and offline distribution channels is positively influencing the market growth.
Additionally, the surging need for childcare and health awareness among the masses is propelling the market growth. Furthermore, several key players are investing in research and development (R&D) to introduce leakage-free and comfortable diapers and launching promotional campaigns to expand sales and profits, which in turn is contributing to the market growth.
Other factors, including rising awareness about the benefits of smart diapers, inflating consumer disposable incomes, expanding geriatric population, and increasing birth rates, are also anticipated to drive the market further.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Technology:
- RFID Tags
- Bluetooth Sensors
Breakup by Distribution Channel:
- Online
- Offline
Breakup by End Use:
- Babies
- Adults
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
Abena North America Inc., ATZ Global Co. Ltd., CviCloud Corporation (CviLux Co. Ltd.), Essity AB, Interuniversity Microelectronics Centre, Monit Corp., Ontex Group, Sinopulsar, Smardii Inc., Vandrico Solutions Inc., Verily Life Sciences (Alphabet Inc.) and Wonderkin Co.
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