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.
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.
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Market Coverage
- The market number available for – 2021-2029
- Base year- 2021
- Forecast period- 2023-2029
Segment Covered-
- By Product
- By Application
- By End-User
Regions Covered-
- North America
- Europe
- Asia-Pacific
- 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.
Femtech Market Report Segment
By Product
- Products
- Software
By Application
- Reproductive Health
- Pregnancy & Nursing Care
- Pelvic & Uterine Healthcare
- General Healthcare & Wellness
By End-User
- Direct To Customer
- Hospitals
- Fertility Clinics
- Surgical Centers
- Diagnostic Centers
A full Report of Femtech Market is Available @ https://www.omrglobal.com/industry-reports/femtech-market
Femtech Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
Company Profiles
- Aparito Ltd.
- Ava AG
- Babyscript
- Bloomlife
- Bonzun AB
- B-wom
- CareMother
- Carrot Fertility, Inc.
- Chiaro Technology Ltd.
- Clue
- Elda Health
- FemTec Health
- Flo Health UK Ltd.
- Go Glee Technologies Pvt. Ltd.
- Joylux, Inc.
- Marani Health Inc.
- Niramai Health Analytix Pvt Ltd’
- Oula Health, Inc.
- Pregnolia AG
- Renovia Inc.
- SteadySense GmbH
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