According to the research report titled ‘Global Female Technology (Femtech) Market Analysis, 2020’, available with Market Study Report, global female technology (femtech) market is predicted to record a CAGR of 11.4% over 2020-2025.
 

As per report findings, increasing funding to facilitate femtech startups, introduction of several hygiene commodities like baby products and female care products, setup of public toilets and sanitation facilities, and rising cognizance about women health are the key factors driving the growth of global female technology (femtech) market.
 

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The research report on global female technology (femtech) market provides data regarding various driving forces, challenges, and growth opportunities governing the overall business dynamics. It further analyses this business domain, highlighting market segments like component type, application scope, end user terrain, and regional landscape.
 

Notably, female technology (femtech) includes use of digital health devices for treatment and diagnosis of diseases occurring in women. In recent years, femtech has been one of the rising sectors that empowers women to take control of their health.
 

In addition, top industry players are adopting emerging technologies such as non-invasive hardware, tracking wearables, smart apps, which is raising awareness towards women health, hence impelling worldwide female technology industry remuneration.
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Speaking of the direct and indirect effect of the pandemic on health conditions of mothers and infants, the COVID-19 pandemic has positively influenced the femtech industry. As service providers are increasingly evolving in the healthcare sector, the demand for maternity care and nursing care has seen a substantial rise, allowing pregnant women to have medical care and mothers to have diagnostic products like tech-enhanced breast pumps.
 

Based on component type, global female technology (femtech) market is divided into services, connected devices (including non-wearable connected device, and wearable connected device), mobile apps, and others (including organic, smart female hygiene products). Among these, mobile apps segment accounted for a large market share in 2019, attributable to launch of several mobile apps which aid women to monitor and track menstrual cycle and fertility, and emergence of pelvic-care related products.
 

While, global female technology (femtech) industry share from connected devices segment is poised to grow substantially over the coming years, owing to growing usage of wearable devices like Bluetooth-connected breast pumps, multi-sensor bracelet, wearable fertility trackers, and smartwatch.
 

With respect to application spectrum, the industry is segmented into general health & wellness, reproductive health, pregnancy & nursing care, pelvic & uterine health, and others. Out of these, reproductive health segment is projected to expand modestly through 2025, on account of presence of several mobile applications to track period and fertility. Rising prevalence of PCOS (polycystic ovary syndrome), which if undiagnosed, may lead to infertility and type 2 diabetes, is also boosting the segmental share.
 

Elaborating on end user scope, the market is split into individuals, fertility clinics, diagnostic centers, hospitals, and others.

Leading organizations impacting global female technology (femtech) market dynamics are Celmatix Inc., Conceivable Inc., Ovia Health Inc., NaturalCycles Nordic AB, Glow Inc., Flo Health Inc., Bloomlife Inc., BioWink GmbH, Aytu BioScience Inc., and Ava AG.