Top 10 Transformative Femtech Solutions You Need to Track Today

Top 10 Transformative Femtech Solutions You Need to Track Today


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Entrepreneur Ida Tin originally used the term "Femtech" in 2016. It has expanded over the course of just a few years to include a variety of technologically enabled consumer-focused products and solutions.

CATEGORY: Digital Health GEOGRAPHY: Global

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FemTech offers a variety of solutions to enhance healthcare for women across several female-specific conditions, including fertility, menopause, contraception, and maternal, menstrual, pelvic, and sexual health. Better outcomes for female patients and consumers, investors and other stakeholders along the value chain, and society at large is made possible by women's healthcare. 

 

Rise of Femtech: Key Market Trends

Femtech Market Growth 

  • Growing health awareness and the number of women experiencing health concerns both point to the market's potential for expansion
  • The sector expands beyond reproductive health to address other healthcare issues such as breast cancer, cervical cancer, mental health, general health & wellness, and pregnancy monitoring
  • Healthcare applications are integrating cutting-edge technologies, like AI and data science, to deliver actionable insights based on the data entered, empowering women to make decisions about their health and wellness
  • Data-driven femtech solutions provide tailored assistance that coincides with a woman's menstrual cycle and even offer advice and recommendations that are culturally appropriate for their community
  • Because of the rising prevalence of women's health problems, rising use of value-based care services, and integration of cutting-edge technologies like predictive analytics, gamification, and cloud synchronization, the wearables market can expand quickly

Top 10 Femtech Solutions Shaping Healthcare Systems 

Technological advancements in the healthcare sector are changing the landscape of treating women on a large scale, apps built by femtech companies feature healthcare for reproductive systems, fertility tracking, pregnancy, and nursing care, and general and fertility monitoring devices

Helping Women Track Menstruation

  • Clue, a period-tracking app combines the user’s menstrual cycle data with a mathematical model sourced from clinical research data that predicts which days are high or low risk for pregnancy
  • Clue’s birth control algorithm is 97% effective if it is exactly used as the instructions given on the app

Making IVF Treatment Virtual

  • Apricity a virtual fertility clinic, uses artificial intelligence to help women facing problems with conceiving
  • The virtual clinic offers a fertility care app that helps women in understanding the treatment along with posting reminders and guiding them consistently throughout their conceiving journey

Accessible Digital Healthcare Clinic

  • Grace Health, a health tech company focused on developing health services to women online provides a digital assistant enabling women to track and understand their reproductive health
  • Women can also chat with medical experts or fertility coaches about their specific health needs

Focus on Breastfeeding Consulting

  • LactApp, provides AI in novel use cases such as breastfeeding and maternity
  • It serves as a virtual breastfeeding consultant that mothers can use to answer their questions as they begin breastfeeding and develops an innovative approach to lower health care costs and improve women’s satisfaction

Solving Menopause Related Issues

  • Joylux, using technology-driven solutions solves menopause issues women face as they age
  • The company offers smart wellness devices that use red light to improve bladder function, sexual function, and vaginal dryness

Treating PCOS Virtually

  • Allara, a virtual care platform designed for women struggling with complex polycystic ovary syndrome is allowing women to connect with physicians and registered dietitians who can diagnose, treat, and manage these conditions, enabling women to improve and track their medical health in an efficient manner

Simplified Birth Control

  • Simple Health is offering birth control and women’s health products to the 19 million women who lack reasonable access to birth control
  • After a virtual consultation with a physician, patients have prescribed the birth control option that fits best with their lifestyle

Remote Gynaecological Imaging

  • Illumigyn’s gynecological imaging system- Gynescope uses more accurate pap smears and digitally stores information about the vagina, cervix, and external genitalia
  • The images are uploaded to the cloud for viewing and analysis by any doctor across the globe

Assistance Through on-demand Digital Health Clinic

  • Maven Clinic, a B2B digital healthcare clinic that specializes in conception, pregnancy, and postpartum care is offering many services, from on-demand video appointments with physicians to support for IVF, egg freezing, pregnancy, postpartum, partner, adoption, surrogacy etc

Educating Mothers about Pelvic Exercises

  • Every Mother is offering evidence-based exercise therapy for mothers
  • Focusing on core and pelvic floor exercises, the program repair diastasis recti and improve core strength which is designed for mothers at any stage of motherhood

1. Executive Summary
1.1 Digital Health Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Digital Health Policy in Country
1.6 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Insights10 will provide you with the reports within 10 key parameters which are:

  1. Market Overview
  2. Market Growth Drivers & Restraints
  3. Epidemiology of Disease Type
  4. Market Segmentation
  5. Market Share
  6. Competitive Landscape
  7. Key Company Profiles
  8. Healthcare Policies & Regulatory Framework
  9. Reimbursement Scenario
  10. Factors Driving Future Growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision-making for business stakeholders. Our focused approach to developing reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.

 

Stage I: Market Data Collection

Primary Interviews: We have developed a network of experts, freelancers, and researchers across countries through which we engage with local experts to gather key data points and assumptions about each market. We also engage regularly with some of the best market research agencies such as Atheneum, GuidePoint, GLG, etc. to conduct surveys and interviews, and build intelligence. We have language translators as a part of our team, who between them can cover 30+ languages allowing us to extract better local insights.

Secondary Data Collection: We have developed strong expertise and experience in secondary data collection methods for developing unique data sets and research material. We gather data from multiple reliable sources to maintain a high level of accuracy and consistency. The market data is analyzed and forecasted using appropriate statistical and coherent models. The report offers an overall analysis of the market size, growth, and market share as well as a segment-level analysis of the specific market. Our report includes precise, to-the-point information related to the overall market, competition, growth drivers, challenges, regulatory updates, and competition.

Data Sources: We have access to multiple highly reliable free and subscription data sources. We have many years of experience to understand which sources are more dependable for what and which to prefer for the reliable and latest information. The key sources of information include the following, but are not limited to:

 

 

Stage II: Market Data Analysis and Statistical Model

Market Trends: We generally look at macro parameters and micro indicators. The macro parameters include changes in government policies, demand and supply of the market, government intervention programs, and major market share. The micro indicators are GDP growth, market size, market volume, etc. We also understand nuances specific to each country like the US, Canada, India, Germany, etc., and have worked across 60+ countries and hence not only understand global trends but how these differ by country, how payment models, market structure, cultural parameters, etc. differ in each country.

Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. starting with the large overall market and segmenting different areas and the bottom-up approach i.e. starting with population and epidemiology and rolling up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.

The top-down approach is mainly used for new product forecasting and the bottom-up approach is used for demand estimation of any product for different countries summed up to form the total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as Asia-Pacific, Africa, Europe, Middle East, North America, and  Latin America for the period of 2022 to 2030. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape, and policy and regulatory scenario, and the quantitative analysis covers different market estimates and forecasts.

Data Triangulation & Validation:

Data triangulation of various sources and results of the research are carried out by benchmarking with reliable sources such as industry statistics, statistical databases, and company-level averages, etc.

We make sure to finalize the numbers in alignment with the market research. Firstly, our internal experts ensure thorough validation and checking to ensure accurate and precise analysis and then validation is also done using a multiple-data analysis model. Two-level validation is done and entails the finalization of the report scope and the way of representation pattern.

 

 

Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analyzed and synthesized. The second series of interviews are done if necessary to check and validate. The future opportunities are analyzed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results is then, interpreted by considering the following parameters: (a partial list)

  • Establishing market drivers and trends
  • Analyzing the regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue/volume
  • ​Analyzing current needs and determining penetration to estimate the market

Insights: Our reports deliver actionable insights backed with supporting facts and figures to assist you in achieving exemplary growth. Our in-depth analyses are interspersed with relevant insights and statistics to offer an executive-level view of a given market. The description helps in correlating many minor factors affecting the market and their impact on the different segments within the market.

Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

Presentation & Reporting: The market research report is presented in different forms such as charts by using a scientific approach for easy understanding. Historic, current, and future analysis is provided for each market in terms of both value and volume. The size of the market is interpreted in the US Dollar value and the respective unit, based on the product, for volume consumption.

The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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This report addresses

  • Intelligent insights to take informed business decisions
  • Qualitative, acute and result oriented market analysis
  • Market size and forecasts from 2022 to 2030
  • Opportunities for expansion and in-depth market analysis
  • Segmentation and regional revenue forecasts
  • Analysis of the market share and competitive landscape
  • Strategic Recommendations to chart future course of action
  • Comprehensive Market Research Report in PDF and PPT formats

Need more?

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Last updated on: 08 April 2024
Updated by: Riya Doshi

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