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

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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.
Click here to view the Report Description & TOC 
The femtech market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the femtech market. The femtech market 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 at the global and regional levels.
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Market Overview
Femtech is a term used to describe diagnostic instruments, products, services, wearables, and software that uses technology to treat problems with women’s health, including menstrual, reproductive, sexual, maternity, and menopausal disorders. The femtech market is expected to grow on account of the growing adoption of digital health solutions, increasing digital literacy and escalating smartphone penetration across the 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 in near future led by China, India, and the United States. Additionally, there is a considerable rise in no. of smartphone owners from 2.5 billion in 2016 to 3.8 billion in 2021.
The Femtech Market is expected to grow at a steady rate of around 12% during the forecast period. Factors such as rapid technological advancement in mobile health technology, changing traditional medical protocols and an upsurge in venture capital investments are some of the prominent factors contributing to the 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 has brought a state of shock to the global economy. The global pandemic has impacted the healthcare industry 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 globe.
The global femtech market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
Have a Look at the Chapters https://univdatos.com/report/femtech-market/
Femtech Market Geographical Segmentation Includes:
North America is anticipated to grow at a substantial CAGR during the forecast period. The major factors such as well-established healthcare infrastructure and rapid digitalization of healthcare owing to various factors such as increasing smartphone penetration in the region as well as rising demand for 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 accounted for 83% of mobile connections in North America.
The major players targeting the market include
Competitive Landscape
The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Femtech Market. The major players have been analyzed by using research methodologies for getting insight views on global competition.
Key questions resolved through this analytical market research report include:
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 Femtech Market Report Coverage
Report Attribute
Base year
Forecast period
Growth momentum
Accelerate at a CAGR of over 12%
Market size 2020
USD 2.8 billion
Regional analysis
North America, Europe, APAC, Rest of World
Major contributing region
North America to Dominate the Global Femtech Market
Key countries covered
United States, Canada, Germany, United Kingdom, Spain, Italy, France, China, Japan, and India
Companies profiled
Sera Prognostics, HeraMED, Athena Feminine Technologies, Inc., Flo Health, Inc, Natural Cycles USA Corp, Fitbit, Inc, Totohealth, Minerva Surgical, Inc., iSono Health, Biowink GmbH
Report Scope
Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Demand and Supply Side Analysis; Competitive Landscape; Company Profiling
Segments Covered
By Type; By Application; By End-Users; By Region/Country
About UnivDatos Market Insights (UMI)
UnivDatos Market Insights (UMI) is a passionate market research firm and a subsidiary of Universal Data Solutions. We believe in delivering insights through Market Intelligence Reports, Customized Business Research, and Primary Research. Our research studies are spread across topics across the world, we cover markets in over 100 countries using smart research techniques and agile methodologies. We offer in-depth studies, detailed analysis, and customized reports that help shape winning business strategies for our clients.
UnivDatos Market Insights
Ankita Gupta
Director Operations
Ph: +91-7838604911
Email: Ankita.gupta@univdatos.com
Website: https://univdatos.com/
Logo: https://mma.prnewswire.com/media/1225049/UnivDatos_Logo.jpg
SOURCE UnivDatos Market Insights Pvt. Ltd.
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