Global FemTech Market valued at $22 bn is forecasted to grow at a Significant CAGR of 15% in the upcoming years
Favorable investment environment, rising adoption of telehealth, increasing burden of chronic & infectious diseases, technological advancements, growing emphasis on reproductive health & sexual empowerment in developing economies and rising awareness amongst women related to detection & management of early illness are some of the key factors driving the Global FemTech Market. However, strict policies related to advertising of products, inadequate understanding of women’s health issues by investors, female underrepresentation in the investment community and adverse impact of covid-19 on clinical trial enrolment are some of key factors that are likely to hamper the growth of the market. Women’s health is frequently side-lined as a niche market. Historically too, there has not been a specific women-oriented tech market. Also, the companies which manufactured and marketed products explicitly aimed at women consumers have failed. However, currents are changing and this can ...