Is FemTech the next big thing?
According to a March 2020 report by Frost & Sullivan, a research and strategy consultancy, revenue from femtech is expected to reach $1.1 billion by 2024.
Why is FemTech important?
Femtech startups today include wearable and connected technologies that can help provide feedback around fertility, menstruation, and breastfeeding—but more innovation can be done around menopause, pelvic healthcare, chronic disease management, sexual wellness and education, and urinary health.
What is a FemTech company?
Femtech is a new space in the tech market focusing on software, products and services that use technology to address women’s health, ranging from wearables to internet-connected medical devices and smart hygiene products.
What is female centric technology?
In some circles, FemTech can be defined as an even broader slate of technologies that are more generally geared towards improving women’s lives. We’ve compiled 5 extraordinary femtech companies that are paving the way for this emerging industry.
Who is the owner of FemTech?
Ida Tin
Ida Tin, CEO of Clue, coined the phrase FemTech in 2016 as a way to legitimise the female health technology market and drive investment and innovation in the space.
How much is the FemTech industry worth?
$60 billion
The femtech market, as currently characterised, is predicted to experience exponential growth over the next few years, with the value of femtech businesses predicted to exceed $60 billion worldwide by the year 2027.
What does Maven clinic do?
Maven is the largest virtual clinic for women’s and family health, offering continuous, holistic care for fertility, pregnancy and parenting. Maven’s award-winning digital programs are trusted by leading employers and health plans to reduce costs and drive better health outcomes for both parents and children.
Who is the owner of femtech?
Who is the CEO of femtech?
Femtech was coined in 2016 by Ida Tin, a Danish entrepreneur who founded Clue, a period- and fertility-tracking app.
What are femtech products?
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 much is the femtech industry worth?
How do I get into femtech?
A few great places to start are by attending events by Springboard’s Women’s Health Innovation Coalition, subscribing to FemTech Insider’s newsletter and joining our very own virtual community.
What is the ‘femtech’ industry?
In 2019, the “femtech” industry — software and technology companies addressing women’s biological needs — generated $820.6 million in global revenue and received $592 million in venture capital investment, according to PitchBook, a financial data and research company.
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 is the femtech landscape report 2021?
T he FemTech Landscape Report 2021, co-authored by FemTech Focus and Coyote Ventures, looks at soon-to-be-valued TRILLION dollar industry with original data. NEW! And Fresh Off the Press FemPro brings all the exclusive perks.
What’s driving the surge in femtech funding?
Deena Shakir, a Maven investor who serves on the company’s board, says part of the expansion in Femtech funding is being driven by the growth in large employers adopting services focused on maternal and family health. “This is not just a nice to have; it’s a necessity to retain women in the workforce.