Global Market for FemtTech is Anticipated to grow at a Significant Pace i.e., USD 4292.3 Million during the Forecast Period 2021-2027

Published Date: Jun, 2021

The global femtech market is anticipated to witness a CAGR of 11.5% during the forecast period. The prevalence of infectious diseases among women in low- and middle-income countries will drive business growth due to unhygienic environments. Nevertheless, the rise of digitalization and personalized healthcare has led to improvements in women's healthcare around the world. The industry primarily includes digital health standards and tools, including mobile apps and hygiene products, aimed at improving women's health. Increasing investment in femtech will provide industry participants with various growth opportunities, thus accelerating the expansion of the market during the forecast period.

The COVID-19 outburst has raised awareness about women’s health needs. The pandemic has also highlighted the scarcity of solutions available to specific women's health problems, such as fibroids, polycystic ovary syndrome, thyroid problems, endometriosis, pelvic health, premenopausal and menopausal care. Although digital health solutions were used in terms of virtual care and were promoted during the pandemic, these areas of women’s health have not yet received the attention they deserve.

In January 2021, Ovia Health, a virtual family health platform, partnered with hospitality and entertainment company MGM Resorts International to provide employee benefits specifically designed for high-risk pregnancies. This benefit provides free WiFi-enabled blood pressure cuffs or hypertension plans for pregnant employees participating in Ovia Health pre-eclampsia and entering their details in the Ovia Pregnancy app. The app will then alert employees to any relevant data trends.

Browse 53 market data Tables and 35 Figures spread through 210 Pages and in-depth TOC on " Femtech Market by Type (Devices, Software, and Services), by Application (Reproductive Health, Pregnancy & Nursing Care, Pelvic & Uterine Healthcare and General Healthcare & Wellness), by End-User (Individuals, Hospitals and Research Institutes, Fertility Clinics, Surgical Centers, and Diagnostic Centers), and Region - Global Forecast to 2027"

Rising demand for pregnancy and nursing care accessories will provide a significant growth opportunity.

On the basis of application, pregnancy and nursing care will dominate the market during the forecast period owing to favorable government policies for improving women’s health, creating awareness, rise in demand for advanced devices, and consumables used during pregnancy and nursing care will drive the femtech industry worldwide.

Global Femtech Market Segmentation Analysis

Segment

Categorization

Leading Category

Type

Devices, Software, and Services

Software (Largest)

Services (High CAGR)

Application

Reproductive Health, Pregnancy & Nursing Care, Pelvic & Uterine Healthcare and General Healthcare & Wellness

Reproductive Health (Largest)

Pregnancy & Nursing Care (Leading Contributor)

End-User

Individuals, Hospitals and Research Institutes, Fertility Clinics, Surgical Centers, and Diagnostic Centers

Hospitals (Highest Share)

Region

North America, Europe, Asia-Pacific, and Rest of the World

North_America (Largest)

Asia-Pacific (High CAGR)

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“Asia Pacific is anticipated to have a high CAGR in the femtech market throughout the forecast timeline 2021-2027”

The Asia Pacific is anticipated to have a higher share due to the large patient pool having chronic and infectious diseases in emerging economies such as India, China, Japan. Also, initiatives are taken by the government to support and elevate awareness regarding women’s health in these economies.

Some of the key players operating in the global femtech market: Alyk, Inc., Aytu BioPharma, Inc., BioWink GmbH, Sustain Natural, Bloomlife, Glow, Inc., NaturalCycles Nordic AB, Ovia Health, Flo Health, Inc., HeraMed Ltd.

Scope of the Report

 

Report Metric

Details

Market Size Available for the Years in the Study

2019–2027

Historical Period

2019–2020

Base Year

2020

Forecast Period

2021–2027

Segments Covered in the Study

Type, Application, End-User, and Region

Geographies Covered in the Study

North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia), Asia-Pacific (China, Japan, India, South Korea), and Rest of the World (Brazil, Saudi Arabia, South Africa, U.A.E.)

Companies Covered in the Study

Alyk, Inc., Aytu BioPharma, Inc., BioWink GmbH, Sustain Natural, Bloomlife, Glow, Inc., NaturalCycles Nordic AB, Ovia Health, Flo Health, Inc., HeraMed Ltd.

 

Global Femtech Market Coverage

Type Insight and Forecast 2020-2027

  • Devices
  • Software
  • Services

Application Insight and Forecast 2020-2027

  • Reproductive Health
  • Pregnancy & Nursing Care,
  • Pelvic & Uterine Healthcare
  • General Healthcare & Wellness

End-User Insight and Forecast 2020-2027

  • Individuals
  • Hospitals and Research Institutes
  • Fertility Clinics
  • Surgical Centers
  • Diagnostic Centers

Geographical Segmentation

Femtech Market by Region

North America

  • By Type
  • By Application
  • By End-User
  • By Country – U.S., Canada, and Mexico

Europe

  • By Type
  • By Application
  • By End-User
  • By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

  • By Type
  • By Application
  • By End-User
  • By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

  • By Type
  • By Application
  • By End-User
  • By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries
Our Industry
Global Market for FemtTech is Anticipated to grow at a Significant Pace i.e., USD 4292.3 Million during the Forecast Period 2021-2027