FemTech Market Set for 16% CAGR Growth Boosted by AI and Telemedicine in Women’s Health by 2030

Health

The global FemTech market is set to witness a growth rate of 16% in the next 5 years. Growing awareness of women’s health issues, rise in women-centric healthcare start-ups, advancements in digital health technologies, rising demand for personalized healthcare solutions, growing prevalence of chronic and reproductive health issues, supportive government initiatives & policies, and rising demand for telemedicine & remote healthcare are some of the key factors driving the FemTech market.

FemTech, short for Female Technology, refers to a category of technology-driven products, software, and services designed to address women’s health needs. This includes areas such as reproductive health, fertility tracking, maternal care, menstrual health, menopause management, and gynecological disorders among others. Additionally, FemTech encompasses digital health solutions like mobile apps, wearable devices, telemedicine, and AI-driven diagnostics tailored for women’s well-being. The market is driven by increasing awareness, advancements in healthcare technology, and growing investments in women’s health. As the sector expands, it plays a crucial role in bridging healthcare gaps and promoting personalized, accessible, and data-driven solutions for women worldwide.

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Growing awareness of women’s health issues to propel market demand

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Growing awareness of women’s health issues is a major driver of the FemTech market, as more women seek solutions for menstrual health, fertility, pregnancy, menopause, and overall wellness. Increased education, social media advocacy, and destigmatization efforts have empowered women to prioritize their health. This has led to a surge in demand for digital tools, wearables, and telemedicine platforms that offer personalized healthcare management. Governments and organizations are also investing in women’s health initiatives, further fueling the adoption of FemTech solutions. As awareness continues to rise, the market is expected to expand, driving innovation and accessibility in women’s healthcare.

Advancements in digital health technologies is driving the market growth

Advancements in digital health technologies are transforming the FemTech market by enabling more accurate, data-driven, and personalized healthcare solutions for women. Innovations in AI, IoT, Big Data, and wearable technology have led to smart menstrual trackers, AI-powered fertility apps, and real-time hormone monitoring. These technologies provide predictive insights, remote diagnostics, and personalized health recommendations, improving women’s access to quality care. Wearable devices for ovulation tracking, pregnancy monitoring, and menopause symptom management are becoming mainstream. As digital health continues to evolve, the integration of advanced analytics and telemedicine is further expanding the reach and effectiveness of FemTech solutions.

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Competitive Landscape Analysis

The global FemTech market is marked by the presence of established and emerging market players such as Allara Health, Aspivix SA, Bloomlife, Chiaro Technology Ltd., Flo Health Inc., HeraMED, Natural Cycles USA Corp, NUVO Inc., Progyny, Inc., and Pulsenmore Ltd.; among others. Some of the key strategies adopted by market players include new product development, strategic partnerships and collaborations, and geographic expansion.

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Global FemTech Market Segmentation

This report by Medi-Tech Insights provides the size of the global FemTech market at the regional- and country-level from 2023 to 2030. The report further segments the market based on offering, application, buyer type.

Market Size & Forecast (2023-2030), By Offering, USD Million

  • Software
  • Services
  • Devices
  • Consumer Products

Market Size & Forecast (2023-2030), By Application, USD Million

  • Menstrual Health & Period Tracking
  • Fertility & Ovulation Monitoring
  • Pregnancy & Postpartum Care
  • Menopause Management
  • Reproductive Health & Contraception
  • Chronic & Hormonal Disorder Management
  • Sexual Wellness & Pelvic Health
  • Mental Health and Wellness
  • Others
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Market Size & Forecast (2023-2030), By Buyer Type, USD Million

  • Individual Consumers (B2C Buyer)
  • Healthcare Providers & Institutions
  • Employers & Corporate Wellness Programs
  • Healthcare Payers
  • Pharmaceutical & Biotechnology Companies
  • Others

Market Size & Forecast (2023-2030), By Region, USD Million

  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Latin America
  • Middle East & Africa

About Medi-Tech Insights

Medi-Tech Insights is a healthcare-focused business research & insights firm. Our clients include Fortune 500 companies, blue-chip investors & hyper-growth start-ups. We have completed 100+ projects in Digital Health, Healthcare IT, Medical Technology, Medical Devices & Pharma Services in the areas of market assessments, due diligence, competitive intelligence, market sizing and forecasting, pricing analysis & go-to-market strategy. Our methodology includes rigorous secondary research combined with deep-dive interviews with industry-leading CXO, VPs, and key demand/supply side decision-makers.

Contact:

Ruta Halde
Associate, Medi-Tech Insights
 +32 498 86 80 79
info@meditechinsights.com 

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