Oct 14, 2022

Global Femtech Market: Competitive Landscape The Femtech market report summarizes detailed information by top players such as Athena Feminine Technologies, Inc., NUVO Inc., Sera Prognostics, Inc., HeraMED, iSono Health, Inc., Babyscripts, Chiaro Technology Ltd and Elvie, Lattice Medical, Thinx, Inc., and Minerva Surgical, Inc. Several other major companies were studied and analyzed during this research study to get a holistic view of the Femtech market and its ecosystem. Global FemTech Market - Key Development Trends In 2020, HeraMED announced a partnership with eCare21, a leading virtual care platform, to integrate its heartCARE & heartBEAT products with the eCare21 platform. This has enhanced the product portfolio and development capabilities of the firm. In 2020, according to McKinsey Insights, around 45 to 50 new women's health start-ups were founded, and these start-ups raised approximately US$ 2.5 billion in 2020–2021. Digital health start-ups focused on women observed an increase in funding by around 105% in 2020. This signifies growth in the FemTech market, thereby presenting potential growth opportunities for businesses in the coming years. In 2019, Grove collaborative acquired Sustain Natural, a leading company in natural sexual wellness products. This strategy fortified the firm's product portfolio and market position. Impact of COVID-19 Pandemic on Global Femtech Market:  The Femtech market experienced a significant positive impact of COVID-19 as several lifestyle diseases affected women's health. During the pandemic, women faced the increasing concern of health conditions such as reproductive disease due to changed lifestyle habits, mental health, high risk of developing metabolic syndrome, and other chronic diseases. In pregnancy, mainly miscarriages, stillbirths, and birth complications arose, leading to anxiety, depression, and hormonal imbalance. Thus, with growing health concerns, coupled with restrictive guidelines during the pandemic, industry leaders developed innovative software, services, and products with the use of digital technology to reach remote areas across the world. The new generation services provide remote healthcare services to healthcare professionals in hospitals, fertility clinics, and diagnostic centers, as well as to patients remotely. Advanced Technological Solutions For Precise Treatment is Catalyzing Growth of the Global Femtech Market: Growing health consciousness among the female population and normalizing and proactively addressing women’s health issues are contributing to the market growth. Increase in disposable income, digital literacy, smartphone penetration, internet connectivity, digital health infrastructure, and the emergence of startups focusing on women’s health present lucrative opportunities to new and existing market participants. The growing availability of smart wearable devices is contributing to market growth. Health tech developers and investors are capitalizing on untapped opportunities and funding innovative product development strategies to address women’s health issues. For instance, in 2020 HeraMED announced a partnership with eCare21, a leading virtual care platform, to integrate its heartCARE & heartBEAT products with the eCare21 platform. This has enhanced the product portfolio and development capabilities of the firm. In addition, in 2020, according to McKinsey Insights, around 45 to 50 new women’s health start-ups were founded, and these start-ups raised approximately USD 2.5 billion in 2020–-2021. This signifies growth in the FemTech market, thereby presenting potential growth opportunities for businesses in the coming years. Quickly Purchase Premium Copy of Femtech Market Growth Report (2022-2028) at: https://www.theinsightpartners.com/buy/TIPRE00019264/ Browse Related Reports: Women Health Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Devices, Drugs, Pharmaceutical Pipeline); Treatment Type (Hormonal Treatment, Non-Hormonal Treatment, Surgeries); Diagnosis (Bone Densitometry, Diagnostic Imaging Tests, Biopsies, Ovulation Testing, Others); Disease Indication (Cancer, Reproductive Health, Post-Menopausal Syndrome, Urological Disorders); End-Users (Hospital and clinics, Gynecology centers, Research Institutes, Others) and Geography Womens Digital Health Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Type (Mobile Apps, Wearable Devices, Diagnostic Tools, and Others); End Use (Reproductive Health, Pregnancy and Nursing Care, Pelvic Care, General Healthcare and Wellness), and Geography Womens Health Diagnostics Market Forecast to 2028 -  Covid-19 Impact and Global Analysis - by Type (Diagnostic Devices, Diagnostic Tests); Application (Breast Cancer, Infectious Disease Testing, Osteoporosis Testing, Pregnancy and Fertility Testing, Sexually Transmitted Disease Testing, Others) Pregnancy Test Meters Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Product Type ( Urine Test Meter, Blood Test Meter ); Application ( Households, Hospitals, Other ) Rapid Test Cards Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Pregnancy Test Cards, HIV Test Cards, Syphilis Test Cards, HCV Test Cards, Malaria Test Card, COVID-19 Test Cards, Others); Distribution Channel (Hospitals and Retail Pharmacies, Online Distribution, Others), and Geography Pregnancy Point of Care Testing Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (LH Urine Test, FSH Urine Test, HCG Blood Test, HCG Urine Test); Distribution Channel (Pharmacies, Fertility Clinics, Hypermarkets and Supermarkets) and Geography Uterine Fibroids Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Surgical, Hormonal, Embolization, and Others); End Use (Hospital, Ambulatory Surgical Centers, Diagnostic Centers, and Others), and Geography Fetal Monitoring Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Product (Ultrasound, Intrauterine Pressure Catheter (IUPC), Telemetry Solutions, Electronic Fetal Monitoring (EFM), Fetal Electrodes, Fetal Doppler, Accessories & Consumables, and Other Products), Method (Invasive and Non-Invasive), Portability (Portable and Non-Portable),  and, Application (Intrapartum Fetal Monitoring and Antepartum Fetal Monitoring), and Geography Female Pelvic Implant Market Forecast to 2028 -  Covid-19 Impact and Global Analysis - by Product ( Pelvic Organ Prolapse and Stress Urinary Incontinence ); End User ( Hospitals, Ambulatory Surgical Centers and Specialty Clinics ) Moxifloxacin HCL Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product (Qualified Grade, First Grade, Excellence Grade); Dosage Form (Oral, Parenteral, Ophthalmic Drugs); Application (Bronchitis, Pneumonia, Sinusitis, Pelvic Inflammatory Disease, Others) and Geography About Us: The Insight Partners is a one stop industry research provider of actionable intelligence. 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