What is a femtech company?
Femtech (or female technology) is a term applied to a category of software, diagnostics, products, and services that use technology often to focus on women’s health. This sector includes fertility solutions, period-tracking app, pregnancy and nursing care, women’s sexual wellness, and reproductive system health care.
How many femtech companies are there?
The femtech industry is comprised of over 200 startups worldwide, many of which are founded and led by women. Perhaps the best known categories of femtech are menstruation care, sexual health, fertility tracking and solutions, and pregnancy care.
Why is femtech important?
FemTech provides a wide range of solutions to improve healthcare for women across a number of female-specific conditions, including maternal health, menstrual health, pelvic and sexual health, fertility, menopause, and contraception, as well as a number of general health conditions that affect women disproportionately …
How much is the femtech industry worth?
Femtech Market Size Worth $13.1 Billion by 2030 at CAGR of 11.1%: Grand View Research, Inc.
Who coined the term femtech?
Ida Tin
The femtech (female technology) market is expected to be worth nearly $50 billion by 2025. In 2012, Ida Tin, who coined the word “femtech,” saw the opportunity to help women take control of their health, and founded Clue, now one of the most popular period-tracking apps in the world.
How big is the femtech market?
The global human chorionic gonadotropin market size was valued at USD 874 Mn in 2020 and is expected to reach the market size USD 1,534 Mn by 2028, growing at a CAGR of 7.4% during the forecast period 2021 to 2028….
| Market | Femtech Market |
|---|---|
| Segments Covered | By Type, By End-Use, By Application, By Region |
How big is the women’s health market?
The global women’s health market size was USD 35.02 billion in 2019 and is projected to reach USD 41.05 billion by 2027, exhibiting a CAGR of 3.2% during the forecast period.
Who owns the Clue app?
Clue is a menstrual health app developed by the Berlin-based technology company BioWink GmbH. The app has over 8 million users from 180 different countries. The startup has raised $10 million from backers that include Union Square Ventures and Mosaic Ventures.
Who founded Clue?
Ida Tin is the co-founder and CEO of Clue, the most trusted female health app.
What will healthcare look like in 2022?
Beyond telehealth visits, 2022 will see increased adoption of hospital-at-home and remote patient management because healthcare providers have seen how feasible it is, and payers are recognizing the inherent cost savings.
How big is the menopause market?
Menopause Market Growth & Trends The global menopause market size is expected to reach USD 24.4 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.29% from 2022 to 2030.
Does Clue sell your data?
We have gone to great lengths to write these documents in a way that you can not only understand them, but also make an informed choice and learn how to navigate your data privacy. Here is our Privacy Policy and Terms of Service. We don’t sell your data.
Is the Clue app free?
The free version is a basic period tracking app, that is well designed and includes useful customisable cycle symptom tracking. It also includes optional notifications on fertile window, ovulation and periods.
Does clue sell your data?
Who coined femtech?
In 2012, Ida Tin, who coined the word “femtech,” saw the opportunity to help women take control of their health, and founded Clue, now one of the most popular period-tracking apps in the world. In today’s episode, Ida discusses how data and technology can empower women and the future of femtech.
What is the No surprise act?
Effective January 1, 2022, the No Surprises Act (NSA) protects you from surprise billing if you have a group health plan or group or individual health insurance coverage, and bans: Surprise bills for emergency services from an out-of-network provider or facility and without prior authorization.
What is femtech?
What is femtech? The femtech industry refers to a range of health software and tech-enabled products that cater to female biological needs.
How much digital health funding do femtech companies receive?
On the digital health front, FemTech companies currently receive 3 percent of all digital health funding. In our scan of hundreds of FemTech companies, we found concentration in maternal health patient support, consumer menstrual products, gynecological devices, and solutions in fertility. Funding reached $2.5 billion by early December 2021.
What is femtech focus doing for National Women’s Equity Day?
Happy National Women’s Equity Day! At FemTech Focus, we support start-ups and businesses that promote equity in women’s health and wellness and we are extremely grateful when we receive donations from our supporters. Want to join in on the fun?
What are femtech exits?
Exits are a measure of success for an industry. Many believed that FemTech did not have any exits, but this is simply incorrect. FemTech Focus continued to compile a database of FemTech exits in order to provide evidence supporting investment into women’s health.