Femtech Market Current Scenario and Future Prospects (2024-2030)

Femtech Market
Femtech Market

The Global Femtech Market study with 132+ market data Tables, Pie charts & Figures is now released by HTF MI. The research assessment of the Market is designed to analyse futuristic trends, growth factors, industry opinions, and industry-validated market facts to forecast till 2030. The market Study is segmented by key a region that is accelerating the marketization. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. Some of the players studied are PROGYNY, INC., Bonzun Health Information, Nurx, Hey Favor, Inc., Advantia Health, Hera Med Ltd, Flo Health, Willow, The Pill Club, Natural Cycles Nordic AB, Elvie, Celmatix, Future Family, Bellabeat, Glow, Renovia, Clue, Gennev, SteadySense GmbH, Bloomlife, iBreve, Sera Prognostics, Ava Science Inc., Fertility Focus.

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According to HTF Market Intelligence, the global Femtech market is valued at USD 27061.98 Million in 2023 and is  estimated to reach a revenue of USD 63519.28 Million by 2030, with a CAGR of 15.28% from 2023 to 2030.

Definition:

Femtech is a service that focuses on the personal health and hygiene of women. It comprises period-tracking apps, fertility solutions, pregnancy & nursing care, reproductive system health, contraception as well as general healthcare and wellness. Growing demand for wearable devices to accurately monitor women’s health conditions are key driving factors for the growth of femtech industry outlook worldwide. The market is expected to grow in the future due to the government as well as various public and private companies are rigorously investing in women health and hygiene sector.

Market Trends:

Introduction of innovative femtech solutions

Increasing market demand for embryo screening, egg freezing, fertility and other services

Market Drivers:

Usage of digital technology to manage women health in developed countries

Improving access to women care in remote areas

Growing demand for wearable devices to accurately monitor women health conditions

Market Opportunities:

Growing awareness regarding women health and wellness in developing countries

Increasing burden of chronic and infectious diseases among the female population

Market Leaders & Development Strategies

According to trade publications, between 45 and 50 new firms focused on women’s health were established in 2020, and between 2020 and 2021, these startups raised over USD 2.5 billion in fundraising. In 2020, financing for women-specific digital health businesses increased by almost 105 percent. This suggests that the FemTech market is expanding, which could give firms with growth prospects in the years to come.

Global Femtech Market Competitive Analysis

Know your current market situation! Not just new products but ongoing products are also essential to analyse due to ever-changing market dynamics. The study allows marketers to understand consumer trends and segment analysis where they can face a rapid market share drop. Figure out who really the competition is in the marketplace, get to know market share analysis, market position, % Market Share, and segmented revenue.

Players Included in Research Coverage: PROGYNY, INC., Bonzun Health Information, Nurx, Hey Favor, Inc., Advantia Health, Hera Med Ltd, Flo Health, Willow, The Pill Club, Natural Cycles Nordic AB, Elvie, Celmatix, Future Family, Bellabeat, Glow, Renovia, Clue, Gennev, SteadySense GmbH, Bloomlife, iBreve, Sera Prognostics, Ava Science Inc., Fertility Focus

Additionally, Past Global Femtech Market data breakdown, Market Entropy to understand development activity and Patent Analysis*, Competitors Swot Analysis, Product Specifications, and Peer Group Analysis including financial metrics are covered.

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Segmentation and Targeting
Essential demographic, geographic, psychographic, and behavioural information about business segments in the Femtech market is targeted to aid in determining the features the company should encompass in order to fit into the business’s requirements. For the Consumer-based market – the study is also classified with Market Maker information in order to understand better who the clients are, their buying behaviour, and patterns.

Femtech Product Types In-Depth
: Product, Service, Software

Femtech Major Applications/End users: Reproductive Health, Pregnancy, Nursing Care, Pelvic and Uterine Healthcare General Healthcare and Wellness, Others

Femtech Major Geographical First Level Segmentation:
• APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)

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Research Objectives:
– Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
– To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).

– To analyse the with respect to individual future prospects, growth trends and their involvement to the total market.
– To analyse reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
– To deliberately profile the key players and systematically examine their growth strategies.

FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)

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