Femtech Market Size, Share Global Analysis Report, 2019–2026

Industry Insights

This professional and specialized report study examines the technical and business perspective of the femtech industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the femtech market. The report study analyzes the market statistics at the global as well as regional levels to gain an in-depth perspective of the overall global femtech market.

The historical insights are provided from 2016 to 2019 and projected trends are provided from 2020 to 2026. The quantitative data is provided in terms of value (USD Million) for 2016 – 2026. The qualitative data is reinforced by analyzing and providing numerous market dynamics (directly or indirectly affecting the industry) such as growth drivers, restraints, challenges, and opportunities.

Key Insights from Primary Research

• After detailed interviews with top healthcare industry executives, we estimated that the global market is expected to grow substantially by nearly 17% by the end of 2026.
• As per an online survey done by the FnF team, Pregnancy, and Nursing care is the most used application of femtech and is expected to grow at a CAGR of 16% from 2020 to 2026. 
• The top researchers in the healthcare industry suggested focusing on smart tampons for monthly testing to collect biological samples. Such an innovation could help doctors in the early prediction of diseases such as ovarian cancer, larynx, etc.
• Based on the observation on test marketing, our analyst predicted that the application of femtech for reproductive health is anticipated to bolster the global market with approximately 18% CAGR from 2020 to 2026. 
• Through primary research, it was established that the femtech market was valued at around USD 18,500 million in 2019.
• On the basis of end-users, the hospital category held the leading share of more than 43% in 2019. According to the end users of the femtech industry, the availability of resources such as emergency facilities, and skilled professionals are some of the prime reasons attracting them.

Key Recommendations from Analysts

• The invention of new technology has led women in healthcare to become more realistic, highly invasive, and less intrusive, an overarching trend that has driven the femtech industry's growth. This development has led directly to the rapid adoption of various diagnostic instruments, resulting in the robust growth of femtech diagnostic products in the market.
• Growing at a CAGR of around 17%, the digital health segment held the highest market share in the solution segment, the reason for this huge popularity is the ease of access to digital healthcare applications.
•  According to the press release of various firms in 2019, Femtech start-ups raised about $75 billion in funding from investment firms.
• According to our analysis, sensing lucrative opportunities for growth in the femtech market, compelling male-led companies are gradually focusing on women-oriented products.
• Based on the data obtained through secondary research, our analysts have anticipated that the Asia Pacific is the fastest-growing region. The reason for this growth is the huge population residing in this region especially in China and India along with the rapid growth of the IT industry.

Market Attractiveness – By Application

We have included various industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the femtech market in our study.

Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies adopted by various stakeholders involved in the entire value chain of the femtech market. It also encompasses PESTLE analysis and SWOT analysis.

The report also offers an in-depth analysis of the market shares of each industry player and gives an outline of the market position of key players in the femtech market. Moreover, the study offers wide coverage of key strategic advances witnessed in the market such as new product launches, acquisitions & mergers, collaborations & joint ventures, funding & VC activities, agreements, partnerships, R&D activities, and regional expansion of key players of the femtech market.

The research study provides a critical assessment of the femtech industry by logically segmenting the market on the basis of solutions, applications, end-user, and regions. Based on the past, present, and future trends, all the segments were analyzed from the bottom up, and the market sizes have been estimated from 2020 to 2026. The regional segmentation of the femtech industry includes the holistic bifurcation of all five major continents including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

The term femtech(female technology) is used for software, services, diagnostics, device, etc. dedicated to the well-being of women’s health. Its services include but are not limited to general well-being, pelvic and uterine care, reproductive health, pregnancy, and nursing care. Maternal care, pregnancy care, and Fertility are crucial areas for ladies with their later pregnancies. Digital communication, advanced medical technologies, and disruptive innovations have gradually become inseparable from providing best practices for the healthcare of pregnant women. The induction of new femtech solutions such as fertility tracking mobile applications and wearables has led to bolstering the demand for egg freezing, embryo screening, and other services.

Women are becoming much more aware of various applications related to feminine health. This trend in the sector of modern healthcare fueled the growth of the global femtech market. Key players operating in developed countries are heavily investing in software-enabled products. These huge investments in femtech avail lucrative opportunities across various topological regions, thereby accelerating the market growth over the forecast period.

The Femtech Market report is segmented based on solution, application, and end-user. Solution-wise, the market is classified into diagnostics, therapeutics, and digital health. In terms of application, the market segment is sectored into reproductive health, pelvic and uterine care, pregnancy and nursing care, and general wellness. On the basis of end-user, the market is bifurcated into individuals, hospitals, diagnostics centers, and others.

Report Scope

Some of the essential players operating in the femtech market, but not restricted to include: 

• Aparito
• Ava Science Inc.
• Bloomlife Inc.
• Bonzun
• Elvie
• Grace. health
• Hera Med Ltd.
• iBreve Ltd.
• LactApp
• NaturalCycles Nordic AB
• Niramai Health Analytix Pvt Ltd
• Pregnolia AG
• SteadySense GmbH.

This report segments the Femtech market as follows:

By Solution Segmentation Analysis

• Diagnostics
• Therapeutics
• Digital health

By Application Segmentation Analysis

• Reproductive health
• Pelvic and Uterine Care
• Pregnancy and Nursing Care
• General wellness

By End-User Segmentation Analysis

• Individuals
• Hospitals
• Diagnostics Centers
• Others.

Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • South-East Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• The Middle East and Africa
  • GCC Countries
  • South Africa
  • Rest of Middle-East Africa

KEY BUSINESS POINTERS ADDRESSED & FOREMOST REASONS TO PROCURE THE REPORT:

• Statistical Analysis of the Past, Current, and Future Trends of the Industry with Validated Market Sizes Data
• Direct and Indirect Rationales Impacting the Industry
• In-depth and Micro Analysis of Viable Segments and Sub-segments
• Companies and Vendors Market Share, Competitive Landscape, and Player Positioning Analysis
• Demand Side (Consumption) and Supply Side (Production) Perspective and Analysis wherever applicable
• Key Buyers and End-Users Analysis
• Value Chain and Manufacturing Cost Structure Analysis wherever relevant
• Key Marketing Strategies as well as Key Sales Channels adopted in the market
• Investment Opportunity Analysis & Patents Analysis wherever feasible
• Technological Road Map & Technical Analysis
• Robust Research Methodology comprising a dynamic mix (65%~35%) of Extensive Primary Research (primary interviews, ad-hoc surveys, questionnaires) and Protracted Secondary Research (proprietary in-house database, paid external databases, publically available validated sources)