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Femtech Market Climbing growth with investment in specific Female health technology which is estimated to reach a market value of USD 53.2 billion by 2027| Aparito, Ava Science Inc., Bloomlife, Inc.

12-20-2019 06:46 AM CET | Health & Medicine

Press release from: Absolute Markets Insights

Femtech Market Climbing growth with investment in specific

Medical research operated under the assumption that, with the exception of breast cancer, gynecology and obstetrics, there was no difference between men’s and women’s healthcare. Not surprisingly, a meta-analysis of important medical trials conducted in the late part of the century found that participation numbers were highly skewed toward males, with women rarely making up more than one-third of trial populations.

These attribute as pivotal growth opportunities for the global femtech market. The market is thus estimated to reach a market value of USD 53.2 billion by 2027.

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In the year 2012, investments in female specific health technology (femtech, as it is now known) totaled $57 million. By the close of 2019, they’re projected to reach $1 billion. That’s a 1,651% increase in a mere seven years — and the numbers are continuing to climb

The detailed research study provides qualitative and quantitative analysis of Femtech market. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major countries. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
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The femtech market in developing region, for instance in Asia Pacific have also shown considerable technology prominence and awareness. GE Healthcare’s Vscan with Dual Probe has gained widespread use in Africa and India to manage pregnancy. iBreastExam, a low cost, battery powered machine developed by Mumbai based UE Life sciences has found feet in Africa, ASEAN, in addition to India. Other Indian companies that are leveraging science and technology are AIndra for AI based cervical screening and Niramai, another low-cost, automated portable to detect breast cancer.
The United States femtech market is anticipated to reach $50 billion by 2025. A wide array of U.S. based companies is centering mainly on technology applications, prioritizing on prominent health problems such as cervical cancer and breast cancer. It has also been reported recently that the growing trend of virtual reality helps in boosting women health. Awareness among healthcare companies about the unfair representation of women share in the field also plays to the market's advantage. This has thus enhanced the number of companies and start-ups focusing on digital health in women's health, thus fostering the importance of female technology.

As healthcare innovators have recognized the distinct needs of females and the biases of former research trials, resources and solutions have proliferated to fill the gender gap in the delivery of healthcare. We talk about women’s health vs. general healthcare, but that’s really a false dichotomy. “General healthcare” is typically designed with men in mind, and allocating resources to women’s care isn’t taking away funding from men. Rather, it’s simply trying to right the scale.

The detailed research study provides qualitative and quantitative analysis of the global femtech market. The market has been analyzed from the scope of demand as well as supply. The geographical analysis emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

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Global Femtech Market by(US$ Million) 2015-2027, By Solution

Key findings of the report:

• Breakthrough technology invention has led women healthcare to become more practical, extremely invasive, and less intrusive, an underlying trend that has defined the growth of femtech industry. This trend has directly result in rapid uptake of various diagnostics devices, resulting in robust market growth of femtech diagnostic products

• Pregnancy screening has been a part of women healthcare for a long time, resulting in capturing large market share; however, with escalating awareness about reproductive system health care, the market for the same will witness fastest CAGR over the forecast timeframe.

• Sensing lucrative growth opportunities in femtech market, compelling male-led venture capital firms are increasingly directing attention to women-oriented products.

• Major industry participants in the global femtech market include Aparito, Ava Science Inc., Bloomlife, Inc., Bonzun, Elvie, Grace.health, Hera Med Ltd., iBreve Ltd, LactApp, NaturalCycles Nordic AB, Niramai Health Analytix Pvt Ltd, Nurx, Pregnolia, SteadySense GmbH, The Birthplace, Willow, Woom, among others.

• New product launches, geographical expansion are some of the major strategies adopted by these players to gain a competitive edge.

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Femtech Market Key Segmentations:
• Solution
o Diagnostics
o Therapeutics
o Digital health
• Application
o Reproductive Health
 Period tracking
 At home fertility tracking and monitoring
o Pelvic and Uterine care
 Pelvic wellness
 Uterine health
 Menstrual health
 Others
o Pregnancy and nursing care
 Prenatal screening
 Postnatal care
 Breastfeeding
 Others
o General wellness
 Nutrition and fitness
 Mental health
 Sexual wellness
 Chronic disease management
 Others
• End User
o Individuals
o Hospitals
o Diagnostics Centers
o Others
• Geography
o North America
 Canada
 Mexico
 Rest of North America
o Europe
 France
 The UK
 Spain
 Germany
 Italy
 Nordic Countries
 Benelux Union
 Rest of Europe
o Asia Pacific
 China
 Japan
 India
 New Zealand
 Australia
 South Korea
 Southeast Asia
 Indonesia
 Thailand
 Malaysia
 Singapore
 Rest of Southeast Asia
 Rest of Asia Pacific
o Middle East and Africa
 Saudi Arabia
 UAE
 Egypt
 Kuwait
 South Africa
 Rest of Middle East & Africa
o Latin America
 Argentina
 Brazil
 Rest of Latin America

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About Absolute Markets Insights:
Contact Us:
Company: Absolute Markets Insights
Contact Name: Shreyas Tanna
Phone: +91-740-024-2424
Email id: sales@absolutemarketsinsights.com
Website: https://www.absolutemarketsinsights.com

About Us:

Absolute Markets Insights assists in providing accurate and latest trends related to consumer demand, consumer behavior, sales, and growth opportunities, for the better understanding of the market, thus helping in product designing, featuring, and demanding forecasts. Our experts provide you the end-products that can provide transparency, actionable data, cross-channel deployment program, performance, accurate testing capabilities and the ability to promote ongoing optimization.
From the in-depth analysis and segregation, we serve our clients to fulfill their immediate as well as ongoing research requirements. Minute analysis impact large decisions and thereby the source of business intelligence (BI) plays an important role, which keeps us upgraded with current and upcoming market scenarios.

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