Global Femtech Market size is expected to reach 46.38 Bn by 2030, as per Maximize Market research

The Femtech Market Size was valued at USD 20.49 Billion in 2023 and the total Femtech revenue is expected to grow at a CAGR of 12.38 % from 2024 to 2030, reaching nearly USD 46.38 Billion by 2030

Femtech Market Overview

Femtech, short for Female Technology, refers to technology that aims to empower women's health and overall wellness. The phrase is commonly used for items such as products, services, applications, and software, as well as medical devices, telehealth, wearables, hardware, therapeutic drugs, vitamins and supplements, digital platforms, and consumer goods created to enhance or maintain women's health.

The market is experiencing growth with 1,800 companies now operating in 75 countries. In 2023, women made up 50% of the global population and 40% of the workforce, driving the need for innovative health technologies.

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Driving factors in Femtech Market

The Femtech market is growing due to several factors: the feminist movement, digitalization, and personalized healthcare solutions. The prevalence of women-related health conditions, coupled with advancements in mobile apps and wearable technology, is empowering women to manage their health. Emerging technologies like AI, wearable devices, and non-invasive solutions are driving awareness and creating opportunities for Femtech entrepreneurs. Companies are developing solutions for areas including infertility, pregnancy, gynecological health, and lifestyle wellness.

Challenges in Femtech Market

While the Femtech market is booming, it faces challenges, such as limited investment compared to other health tech start-ups, particularly in low-income regions. Additionally, a lack of awareness about Femtech apps and technology has created barriers for market expansion. Legal risks around data privacy also pose hurdles for companies handling sensitive health information.

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Femtech Market regional analysis

North America leads the market with a 54% market share in 2023. The region is expected to maintain the dominance throughout the forecast period. The health awareness and women's increased adoption of digital healthcare tools are the primary driving factors of the market. Europe follows with 25.1%, while the Asia Pacific and Middle East & Africa regions account for 14.9% and 7%, respectively.

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Recent News about Femtech market

2/10/2024 Femtech startup Perelel is acquiring Founders Fund-backed sexual health startup LOOM
2/10/2024 Northern FemTech and Women's Health Tech Accelerator open for applications until 8 October
3/9/2024 FemTech: French femtech Sonio acquired by Samsung
30/7/2024 Flo Health raises record $200m for period tracking app and becomes Europe's first femtech unicorn

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Femtech Market Segmentation

by Type

Devices
Software
Services

by Product Type

Diagnostics
Monitoring
Therapeutic
Consumer Products

by Application

Reproductive Health & Contraception
Pregnancy & Nursing Care
General Health and Wellness
Maternity Care
Menstrual Health
Pelvic and Uterine Healthcare
Cancer and Chronic Disease

by End-User

Direct-to-consumer
Hospitals
Surgical Centers
Fertility Clinics
Diagnostics Centers

Femtech Market Key Players

1. Ava Science Inc. California, USA
2. Elvie -United Kingdom
3. Nurx - USA
4. Natural- Cycles Sweden
5. Willow - Headquarters USA
6. Modern Fertility - USA
7. Femtech Collective - USA
8. Clue -Germany
9. Glow - USA
10. Kindara - USA
11. Ava Women - Switzerland
12. Inne - France
13. NextGen Jane - USA
14. Femometer - China
15. Daisy Intelligence - USA
16. Sustain Natural - USA
17. Future Family - USA
18. Maven Clinic - USA
19. Tia Clinic - USA
20. Lily Smart Birth Control - USA

Key questions answered in the Femtech Market are:

• What is the projected market size & and growth rate of the Femtech Market?
• What segments are covered in the Femtech Market report?
• Which region is expected to hold the highest share in the Femtech Market?
• What are the growth drivers for the Femtech Market?

Key Offerings:

• Past Femtech Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by Different Segment | 2024-2030
• Femtech Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation - A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
o § Competitive landscape - Femtech Market Leaders, Market Followers, Regional player
o § Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis
• Recommendations

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About Maximize

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