Navigating Female Technology (Femtech) Market Trends: USD 57.52 BILLION IN 2023 and Boasting a 9.30% CAGR Projections by 2030
MarkNtel Advisors, a leading market research firm, has showed its latest study titled “Female Technology (Femtech) Market“, offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the Female Technology (Femtech) Market: 2023-2030
The Global Female Technology (Femtech) Market was valued at USD 57.52 billion in 2023 and further expected to grow at a CAGR of 9.30% during the forecast period 2023-2030.
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What are the primary factors driving the growth of the Female Technology (Femtech) Market?
Key Driver: 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.
Female Technology (Femtech) Market Segmentation:
The Female Technology (Femtech) Market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
By Component
-Mobile Apps
-Connected Devices
–Wearable Connected Device-
–Non-Wearable Connected Device
-Services
-Others
- 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
–Period Tracking
–At-Home Fertility Tracking and Monitoring
-Pregnancy and Nursing Care
–Pregnancy Care
–Post Pregnancy Care
–Breastfeeding
–Others
-Pelvic and Uterine Health
–Pelvic Wellness
–Menstrual Health
-General Health and Wellness
By End User
-Individuals
-Hospitals
-Diagnostic Centers
-Fertility Clinicc
Geographical Analysis into the Female Technology (Femtech) Market:
- North America: US, Canada, Mexico
- Europe: Germany, The UK, France, Spain, Netherlands, Sweden, Rest of Europe
- Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
- Rest of the World: Israel, Saudi Arabia, The UAE, South Africa, Brazil, Mexico, Rest of Rest of the World
Read Detailed Index of full Research Study at – https://www.marknteladvisors.com/research-library/global-female-technology-femtech-market.html
Competitive Landscape and Female Technology (Femtech) Market Share Analysis:
The competitive landscape of the Female Technology (Femtech) Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
The report features major players including:
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., Others
Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.
Questions Addressed in this Study
- What factors are driving the Female Technology (Femtech) Market growth?
- How is the Female Technology (Femtech) Market expected to grow over the next five years?
- What are the key insights into the current trends in the Female Technology (Femtech) Market?
- What is the current size of the Female Technology (Femtech) Market, and how is it projected to change in the future?
- What is the future outlook for the Female Technology (Femtech) Market in terms of technological advancements and market expansion?
Why choose MarkNtel?
MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more 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 14.8 diverse industrial verticals.
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