Female Technology (Femtech) Market Growth and Development Insight - Size, Share, Growth, and Industry Analysis
MarkNtel Advisors recently published a detailed industry analysis of the Global Female Technology (Femtech) Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Female Technology (Femtech) Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2028
The Female Technology (Femtech) Market was valued at USD 57.52 billion in 2023 and further expected to grow at a CAGR of 9.28% during the forecast period 2023-2030.
What are the major Driver the Global Female Technology (Femtech) industry?
Growing Recognition of Women in the Domain of Technology - With the technology domain being male-dominated for years altogether, the term, femtech has been able to successfully assist the companies that dedicatedly develop mobile applications & wearables for women in gaining recognition. Other significant changes concerning the female-oriented technology that has been brought above over the years include the following:
- Emergence of femtech-dedicated VC firms
- Increase in the number of companies entering the market
- Upsurge in the amount of funding received by the companies
- Rising female angel investors
Furthermore, the presence of various companies providing solutions for period tracking, monitoring menstrual health, pregnancy health, and organic female hygiene products has assisted in the normalization of female health. This has resulted in the development of innovative products focused on various areas of women’s health, such as cervical cancer, breast cancer, menopause, and menstrual health. Moreover, many of the start-ups are led by women, thus the rising participation of women in the field of technology would support the growth of the companies.
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What segments define the Global Female Technology (Femtech) Market from 2023 to 2028? How do these segments contribute to market dynamics and growth?
- By Component
- Mobile Apps- Market Size & Forecast 2019-2030, USD Million
- Connected Devices- Market Size & Forecast 2019-2030, USD Million
- Wearable Connected Device-- Market Size & Forecast 2019-2030, USD Million
- Non-Wearable Connected Device- Market Size & Forecast 2019-2030, USD Million
- Services- Market Size & Forecast 2019-2030, USD Million
- Others- Market Size & Forecast 2019-2030, USD Million
According to report, The rising women’s health expenditure, increasing smartphone penetration, and shift toward digital health have propelled the development of women’s health applications and, in turn, made Mobile Apps the leading component of the market.
- By Application
- Reproductive Health- Market Size & Forecast 2019-2030, USD Million
- Period Tracking- Market Size & Forecast 2019-2030, USD Million
- At-Home Fertility Tracking and Monitoring- Market Size & Forecast 2019-2030, USD Million
According to report, The Reproductive Health application of the market is expected to grow considerably due to the paradigm shift in women’s contraceptives.
- Pregnancy and Nursing Care
- Pregnancy Care- Market Size & Forecast 2019-2030, USD Million
- Post Pregnancy Care- Market Size & Forecast 2019-2030, USD Million
- Breastfeeding- Market Size & Forecast 2019-2030, USD Million
- Others- Market Size & Forecast 2019-2030, USD Million
- Pelvic and Uterine Health
- Pelvic Wellness- Market Size & Forecast 2019-2030, USD Million
- Menstrual Health- Market Size & Forecast 2019-2030, USD Million
- General Health and Wellness
- By End User
- Individuals- Market Size & Forecast 2019-2030, USD Million
- Hospitals- Market Size & Forecast 2019-2030, USD Million
- Diagnostic Centers- Market Size & Forecast 2019-2030, USD Million
- Fertility Clinics- Market Size & Forecast 2019-2030, USD Million
- By Competition
- Market Share of Top Companies
- Application Wise Concentration of Competitors or Total Number of Competitors
- Reproductive Health
- Pregnancy and Nursing Care
- Pelvic and Uterine Health
- General Health and Wellness
- Competitor Concentration, By Product Types or Total Number of Competitors by Product Category
- Wearables
- Digital Platforms
- Diagnostics
- Drugs, vitamins & supplements
- Consumer products
- Services
- Competitor Concentration, By Annual Revenue Range
- Upto USD 1 Million
- USD1.1 Million to USD10 Million
- USD 11 Million to USD 100 Million
- USD101 Million to USD 500 Million
- USD501 Million to USD 1,000 Million
- Above USD1,000 Million
- Pricing & Branding Strategies
Explore the Complete Global Female Technology (Femtech) Market Analysis Report –
https://www.marknteladvisors.com/research-library/global-female-technology-femtech-market.html
Geographical Analysis: Global Female Technology (Femtech) Market
- By Region
- North America
- South America
- Europe
- Asia-Pacific
- Rest of World
Global Female Technology (Femtech) Market Share & Competitive Landscape:
The Female Technology (Femtech) Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry's leading companies, highlighting their strengths, financial performance, and market influence.
Leading Companies in the Global Female Technology (Femtech) Market are:
- AlYK, Inc.
- Aytu BioScience, Inc.
- Biowink GmbH
- Bloomlife
- CORA
- Flo Health, Inc.
- Glow, Inc.
- Inne
- Kasha
- NaturalCycles Nordic AB
- Ovia Health
- Plackal Tech
- Sustain Natural
- The Flex Company
- Thinx, Inc.
Global Female Technology (Femtech) Industry Recent Development:
- 2023: Ovia Health announced new features in their Ovia app, adding menopause symptom tracking & resources to aid women during menopause.
- 2023: Celmatix Inc., launched a new PCOS drug program targeted to treat numerous women’s health issues such as female infertility, endometriosis, and menopause.
Questions Addressed in this Study
1.What factors are driving the Global Female Technology (Femtech) Market growth?
2.How is the Global Female Technology (Femtech) Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Global Female Technology (Femtech) Market ?
4.What is the current size of the Global Female Technology (Femtech) Market, and how is it projected to change in the future?
6.What is the future outlook for the Global Female Technology (Femtech) Market in terms of technological advancements and market expansion?
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Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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