MarkNtel Advisors recently released a research report focusing on the Global Female Technology (Femtech) Market for the forecast period of 2023-30. This approach enhances user understanding and supports well-informed decision-making. The report comprehensively addresses significant changes, gap analyses, emerging opportunities, trends, industry dynamics, and competitive challenges using qualitative and quantitative data. To familiarize established businesses and newcomers with the present market scenario, the report offers detailed growth prospects for the industry and concise insights into competitors.
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Female Technology (Femtech) Market Insight and Analysis:
The Global Female Technology (Femtech) Market is projected to grow at a CAGR of around 9.28% during the forecast period, i.e., 2023-30.
Wearables for Breast Cancer Screening: Key Trend to Watch
The conventional methods of breast cancer screening requiring mammography & exposure to X-ray radiation for detection of tumor growth are often found inadequate. For instance, according to the Breast Cancer Detection Demonstration Project (BCDDP), the false-negative rate of mammography is almost 8%-10% (2019). Additionally, unnecessary radiation exposure can also cause germline mutation that can lead to debilitating effects on the patient.
Therefore, an alternative to mammography is the smart wearable, which is being introduced in the market. For instance, Higia Technologies has developed two bra cups called EVA that can detect breast cancer. The cups are fitted in the inner line of the undergarment for 15 minutes once every week. The sensors in the cups track the thermal changes in the breast that are related to tumor generation. Hence, such wearables are gaining traction in place of mammography owing to their easy & convenient usage. Also, these wearables enable women to detect breast cancer at an early age through regular testing, further becoming trending, hence enhancing the Global Female Technology (Femtech) Market size in the future years.
Female Technology (Femtech) Industry Segmentation:
Based on Component
– Mobile Apps- Market Size & Forecast 2019-2030, USD Million
– Connected Devices- Market Size & Forecast 2019-2030, USD Million
— Wearable Connected Device– Market Size & Forecast 2019-2030, USD Million
— Non-Wearable Connected Device- Market Size & Forecast 2019-2030, USD Million
– Services- Market Size & Forecast 2019-2030, USD Million
– Others- Market Size & Forecast 2019-2030, USD Million
Based on Application
– Reproductive Health- Market Size & Forecast 2019-2030, USD Million
— Period Tracking- Market Size & Forecast 2019-2030, USD Million
— At-Home Fertility Tracking and Monitoring- Market Size & Forecast 2019-2030, USD Million
– Pregnancy and Nursing Care
— Pregnancy Care- Market Size & Forecast 2019-2030, USD Million
— Post Pregnancy Care- Market Size & Forecast 2019-2030, USD Million
— Breastfeeding- Market Size & Forecast 2019-2030, USD Million
— Others- Market Size & Forecast 2019-2030, USD Million
– Pelvic and Uterine Health
— Pelvic Wellness- Market Size & Forecast 2019-2030, USD Million
— Menstrual Health- Market Size & Forecast 2019-2030, USD Million
– General Health and Wellness
Based on End User
– Individuals- Market Size & Forecast 2019-2030, USD Million
– Hospitals- Market Size & Forecast 2019-2030, USD Million
– Diagnostic Centers- Market Size & Forecast 2019-2030, USD Million
– Fertility Clinics- Market Size & Forecast 2019-2030, USD Million
Based on Competition
– Market Share of Top Companies
– Application Wise Concentration of Competitors or Total Number of Competitors
— Reproductive Health
— Pregnancy and Nursing Care
— Pelvic and Uterine Health
— General Health and Wellness
– Competitor Concentration, By Product Types or Total Number of Competitors by Product Category
— Wearables
— Digital Platforms
— Diagnostics
— Drugs, vitamins & supplements
— Consumer products
— Services
– Competitor Concentration, By Annual Revenue Range
— Upto USD 1 Million
— USD1.1 Million to USD10 Million
— USD 11 Million to USD 100 Million
— USD101 Million to USD 500 Million
— USD501 Million to USD 1,000 Million
— Above USD1,000 Million
– Pricing & Branding Strategies
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Geographically Analysis:
– North America
– Europe
– Asia-Pacific
– Rest of the World
𝐋𝐢𝐬𝐭 𝐨𝐟 𝐏𝐫𝐨𝐦𝐢𝐧𝐞𝐧𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:
A thorough examination of the competitive landscape of the market involves a comprehensive analysis of its key competitors. This analysis delves deep into each company’s profile, financial achievements, market presence, potential, Research and Development (R&D) expenditures, recent strategic initiatives in the market, footprint, strengths, weaknesses, and market dominance. The information provided offers a comprehensive overview of the leading market players, including AlYK, Inc., Aytu BioScience, Inc., Biowink GmbH, Bloomlife, CORA, Flo Health, Inc., Glow, Inc., Inne, Kasha, NaturalCycles Nordic AB, Ovia Health, Plackal Tech, Sustain Natural, The Flex Company, Thinx, Inc., Others.
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