Femtech Market to Witness CAGR of 12% (2022-2028) Due to Increasing Digital Health Solutions Worldwide | UnivDatos Market Insights USA – English – UNITED STATES – PR Newswire

NOIDA, India , Nov. 18, 2022 /PRNewswire/ —  According to a new report published by UnivDatos Markets Insights, the   Femtech Market was valued at 2 . 8 billion in 2020 and is expected to grow at a CAGR of around 12% from 2022-2028. The analysis has been segmented into Type (Devices, Software, Services and Others); Application (Reproductive Health, Pregnancy & Nursing Care, Pelvic & Uterine Healthcare and General Healthcare & Wellness); End-User (Direct-to-Consumer, Fertility Clinics, Surgical Centers, and Others); Region/Country.

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The femtech market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, plus opportunities. This innovative report makes use of several analyses in order to get a closer outlook on the femtech market. The particular femtech marketplace report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the femtech market in the global and regional levels.

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Marketplace Overview

Femtech is a term used to describe diagnostic instruments, products, services, wearables, plus software that uses technology to treat problems with women’s health, including menstrual, reproductive, sexual, maternity, and menopausal disorders. The femtech market is likely to grow on account of the growing adoption associated with digital health solutions, increasing digital literacy and escalating smartphone penetration across the particular world. For instance, the number of smartphone users across the world exceeded the 3-billion mark and is anticipated to surpass the 4-billion mark inside near future led simply by China , India , and the particular United States . Additionally, there is a considerable rise in no. of mobile phone owners from second . 5 billion in 2016 to 3. eight billion within 2021.

The particular Femtech Market is expected to grow at the steady rate of around 12% during the forecast period. Factors such as rapid technological advancement in mobile wellness technology, changing traditional medical protocols and an upsurge in venture capital investments are some of the prominent aspects contributing to the particular growth of the market.  

Some of the major players operating in the market include Sera Prognostics, HeraMED, Athena Feminine Technologies, Inc., Flo Health, Inc, Natural Cycles USA Corp, Fitbit, Inc, Totohealth, Minerva Surgical, Inc., iSono Health, Biowink GmbH.  

COVID-19 Impact

The recent covid-19 pandemic has disrupted the world and offers brought a state associated with shock to the global economy. The worldwide pandemic provides impacted the healthcare business and has transformed the way healthcare is delivered. The femtech market has been significantly impacted during these times owing to the growing awareness among females and the increasing use of digital solutions across the particular globe.

The global femtech marketplace report is studied thoroughly with a number of aspects that would help stakeholders in making their decisions more curated.

• Based on type, the femtech market will be segmented in to devices, software, services and others. The devices segment accounted for a significant market share in 2020 plus it is estimated that will it will grow rapidly during the projected timeframe due to rising health consciousness & awareness coupled with the particular growing adoption of wearable devices amongst women. In addition, the shifting trend toward value-based care as well as the rising focus on the consumer-led model are also some of the factors driving growth.
• Centered on application, the femtech market is usually divided directly into reproductive health, pregnancy & nursing care, pelvic & uterine healthcare and general healthcare & wellness. The particular reproductive wellness segment grabbed a substantial business inside 2020 plus is anticipated to grow considerably during the particular forecast period. The growth of this segment can be attributed to the increasing prevalence of reproductive system health issues and developing awareness among females in order to maintain their reproductive health.
• Based on end-users, the particular market is definitely fragmented straight into direct-to-consumer, fertility clinics, surgical centers, as well as others. In 2020, the direct-to-consumer segment snapped up a considerable market share, and it can be expected to develop at a significant CAGR throughout the forecast owing to the growing awareness amongst the consumers and ease of access in order to various applications, software, plus others directly to consumers.

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Femtech Market Geographical Segmentation Includes:

• North America ( United States , Canada , and Rest of North America )
• Europe ( Germany , United Kingdom , Spain , Italy , France , and the Rest of Europe )
• Asia-Pacific ( China , Japan , India , and the Rest of Asia-Pacific )
• Sleep of the World

North America is certainly anticipated to grow from a substantial CAGR during the forecast time period. The major factors such as well-established healthcare infrastructure and rapid digitalization associated with healthcare owing to various elements such as increasing smart phone penetration in the region as well as increasing demand with regard to health-related smart solutions among Americans. For instance, according to the Mobile Economy Report, smartphone adoption is growing and by the end of 2021, smartphones made up 83% of mobile connections inside The united states .

The major gamers targeting the particular market include

• Sera Prognostics
• HeraMED
• Athena Feminine Technologies, Incorporation.
• Flo Wellness, Inc
• Organic Cycles UNITED STATES Corp
• Fitbit, Inc
• Totohealth
• Minerva Medical, Inc.
• iSono Health
• Biowink GmbH

Competitive Landscape

The degree of competition among prominent global companies continues to be elaborated by analyzing several leading key players operating worldwide. The specialist team associated with research analysts sheds light on various traits such as global market competitors, market share, most recent market advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Femtech Market . The main players have been analyzed by using research methodologies for getting insight views upon global competition.

Key questions resolved through this analytical market research report include:

• What are the latest trends, new patterns, plus technological advancements in the femtech market?
• Which factors are influencing the femtech market over the predict period?
• What are the particular global challenges, threats, and risks inside the femtech market?
• Which usually factors are usually propelling plus restraining the femtech marketplace?
• What are the demanding global regions of the femtech market?
• What will be the particular global market size in the upcoming years?
• Do you know the crucial marketplace acquisition strategies and policies applied simply by global businesses?
• We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature plus geography. Please let us know If you have any custom needs.

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