The global femtech market is anticipated to grow at a considerable CAGR of 8.5% during the forecast period. Manufacturers operating in the technology sector such as smart wearable devices and developers of several advanced mobile applications such as Flo, Clue, and Natural Cycles and among others are integrating and analyzing their new and innovative product development and launches strategies to efficiently utilize the resources that are primarily serving women's health. Through these new technology-based products and apps, women users across the globe can easily track their health & wellbeing, receive informational content on multiple health queries, on their own convinces, and actively engaged with healthcare professionals. For instance, in March 2021, Clue by Biowink GmbH cleared the US Food and Drug Administration (FDA) for the launch of the Clue Birth Control app. It is a digital contraceptive built-in Clue app an innovative way to prevent pregnancy; it predicts ovulation statistically by using a tool for birth control. Thus, owing to the development of new technology-based solutions is a factor driving the growth of the femtech market.
Browse the full report description of “Femtech Market Size, Share & Trends Analysis Report by Type (Products, and Software), by Application (Reproductive Health, Pregnancy & Nursing Care, Pelvic & Uterine Healthcare, and General Healthcare & Wellness), and by End-User (Direct to Customer, Hospitals, Fertility Clinics, Surgical Centers, and Diagnostic Centers), Forecast Period (2022-2028)” at https://www.omrglobal.com/industry-reports/femtech-market
Moreover, companies operating n the market are continually focusing on various strategies such as acquisition, partnership, and others. For instance, in December 2021, Eve World, has acquired Femcy, a femtech brand, that is focused on personalized menstrual wellness solutions. The new platform is designed to provide a platform to young girls and women of all ages and to build a positive and valuable digital experience for women across the globe. This platform will create and consume content, share opinions, and engage and build connections in a responsible virtual environment.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Product
o By Application
o By End-User
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Flo Health UK Ltd., Go Glee Technologies Pvt. Ltd., Grace Health, HeraMED, KBI Services, Inc., and Marani Health Inc., among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Femtech Market Report Segment
By Product
By Application
By End-User
Global Femtech Market Report by Region
North America
• US
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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