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The global femtech market size reached a value of around USD 60.7 billion in 2022. The market is expected to grow at a CAGR of 9.40% between 2023 and 2028, reaching a value of around USD 104.7 billion by 2028.
Femtech or female technology is a term that refers to the category of technologies, tools, and devices that are used to focus on the health of women. It includes software, products, tests, and services, ranging from consumer products and apps, to diagnostics and telehealth. Femtech focuses on products that utilise technology in a manner to optimise the health of women, proactively and in case of health concerns.
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Based on product type, the market is divided into consumer products, devices, apps/software, diagnostics, telehealth, drugs, vitamin, and supplements, and services, among others. The market on the basis of application is segmented into pregnancy and nursing care, general healthcare and wellness, menstrual health, reproductive health and contraception, pelvic and uterine healthcare, and sexual health, among others. Based on end users, the market is segregated into diagnostic centres, direct-to-consumer, and hospitals, among others. The regional markets for femtech are categorised into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model, along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global femtech market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
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Pregnancy and nursing care applications of femtech are expected to account for a substantial portion of the market as more women become pregnant at later ages and complications related to pregnancy and nursing increase. The rising demand for new and innovative products, including smart breast pumps are expected to drive the femtech market worth.
Also, it is anticipated that rising female awareness of contemporary technologies available that can aid in pregnancy and nursing and healthcare programmes of various governments will further fuel the femtech market growth. The need for nursing care is anticipated to increase due to growing knowledge of the benefits of nursing and the rising availability of femtech solutions on digital platforms for easy diagnosis and monitoring. A surge in demand for higher-quality supplies and products used in pregnancy and nursing care is further boosting the femtech market value.
North America accounted for a sizable share of the femtech market size 2022 due to rising prevalence of chronic conditions in women, increase in infertility, and the growing awareness of femtech products and services among women. The market for femtech is expanding in the United States and other nations in the region as a result of the high incidences of cancer among women and growing prevalence of life-style related illnesses.
The expansion of the market in the North American region will also be aided by the increase in investments by the key players in the region, improved healthcare infrastructure, and rising knowledge of illnesses affecting women. With a sizable women workforce which continues to grow, more women are prioritising their health and seeking technologies to support positive health, creating a sizable demand on the femtech market map.
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Flo Health Inc., founded in 2015 with its headquarters in London, England, is an app developer that is known for creating the Flo Ovulation & Period Tracker app. Flo places a high priority on safety and is focused on becoming the most reliable online resource for information on women's health. Flo heavily utilises data science and AI and is supported on iOS and Android.
Clue by Biowink GmbH, which was established in 2012 and has its headquarters in Berlin, Germany, specialises in period and cycle monitoring software. Their app calculates fertility windows based on worldwide averages and predicts menstruation cycles of users and PMS based on user data, which can be improved by users submitting ovulation test data.
HeraMED, founded in 2011 and based out of Netanya, Israel is an innovative medical data and technology company, driving the digital transformation of maternity care. The company's cutting-edge remote monitoring platform is revolutionising the prenatal and postpartum experience. They offer seamless data exchange of foetal and maternal vital signs with medical experts using the company's platform HeraCARE.
Other market players include Maven Clinic Co., FemTec Health, KBI Services, Inc, Roman Health Ventures Inc., Chiaro Technology Limited, Grove Collaborative, NUVO Inc., and Athena Feminine Technologies, Inc., among others.
REPORT FEATURES | DETAILS |
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Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by Application |
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Breakup by End Users |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Femtech Market Analysis
8.1 Key Industry Highlights
8.2 Global Femtech Historical Market (2018-2022)
8.3 Global Femtech Market Forecast (2023-2028)
8.4 Global Femtech Market by Product Type
8.4.1 Consumer Products
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Devices
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Apps/Software
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Diagnostics
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Telehealth
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2022)
8.4.5.3 Forecast Trend (2023-2028)
8.4.6 Drugs, Vitamin, and Supplements
8.4.6.1 Market Share
8.4.6.2 Historical Trend (2018-2022)
8.4.6.3 Forecast Trend (2023-2028)
8.4.7 Services
8.4.7.1 Market Share
8.4.7.2 Historical Trend (2018-2022)
8.4.7.3 Forecast Trend (2023-2028)
8.4.8 Others
8.5 Global Femtech Market by Application
8.5.1 Pregnancy and Nursing Care
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 General Healthcare and Wellness
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Menstrual Health
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Reproductive Health and Contraception
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Pelvic and Uterine Healthcare
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Sexual Health
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2018-2022)
8.5.6.3 Forecast Trend (2023-2028)
8.5.7 Others
8.6 Global Femtech Market by End Users
8.6.1 Diagnostic Centres
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Direct-to-Consumer
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Hospitals
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Global Femtech Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
9 North America Femtech Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Femtech Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Femtech Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Femtech Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Femtech Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Flo Health Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Clue by Biowink GmbH
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Maven Clinic Co.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 FemTec Health
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 KBI Services, Inc
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Roman Health Ventures Inc.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Chiaro Technology Limited
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 HeraMED
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Grove Collaborative
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 NUVO Inc.
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Athena Feminine Technologies, Inc.
15.2.11.1 Company Overview
15.2.11.2 Product Portfolio
15.2.11.3 Demographic Reach and Achievements
15.2.11.4 Certifications
15.2.12 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Femtech Market: Key Industry Highlights, 2018 and 2028
2. Global Femtech Historical Market: Breakup by Product Type (USD Million), 2018-2022
3. Global Femtech Market Forecast: Breakup by Product Type (USD Million), 2023-2028
4. Global Femtech Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global Femtech Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global Femtech Historical Market: Breakup by End User (USD Million), 2018-2022
7. Global Femtech Market Forecast: Breakup by End User (USD Million), 2023-2028
8. Global Femtech Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Femtech Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Femtech Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Femtech Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Femtech Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Femtech Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Femtech Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Femtech Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Femtech Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Femtech Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Femtech Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Femtech Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Global Femtech Market Structure
In 2022, the global market for femtech attained a value of around USD 60.7 billion.
The market is projected to grow at a CAGR of 9.40% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach USD 104.7 billion by 2028.
The major drivers of the market include the rise in demand for digital technologies in the healthcare sector, growing demand for improved equipment and consumables during pregnancy and nursing care, and increasing awareness about healthcare tools that are based on technology.
The development of wearable gadgets, growing concern in women about their health, increasing initiatives taken by various governments, and rising prevalence of infertility are the key trends in the market.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The various product types in the market are consumer products, devices, apps/software, diagnostics, telehealth, drugs, vitamin, and supplements, and services, among others.
The major applications of femtech in the market are pregnancy and nursing care, general healthcare and wellness, menstrual health, reproductive health and contraception, pelvic and uterine healthcare, and sexual health, among others.
As certain health issues primarily affect women and general health concerns may also present differently, femtech offers a wide range of solutions to enhance healthcare for women across a number of female-specific health issues, as well as a number of general health disorders that affect women.
The major players in the femtech market, according to the report, are Flo Health Inc., Clue by Biowink GmbH, Maven Clinic Co., FemTec Health, KBI Services, Inc, Roman Health Ventures Inc., Chiaro Technology Limited, HeraMED, Grove Collaborative, NUVO Inc., and Athena Feminine Technologies, Inc., among others.
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