The global femtech market is experiencing transformative growth as technology continues to redefine the way women’s health and wellness are approached. With rising awareness, increasing investments, and the growing prevalence of mobile health solutions, femtech is carving out a vital space in the global digital health economy.
According to Fortune Business Insights, the global femtech market was valued at USD 6.69 billion in 2023 and is expected to grow from USD 7.75 billion in 2024 to USD 29.62 billion by 2032, registering a compound annual growth rate (CAGR) of 18.2% during the forecast period from 2024 to 2032.
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January 2024: Natural Cycles, a prominent player in digital birth control, received approval from Health Canada to commercialize its Natural Cycles app as a certified contraceptive solution. This milestone expands the company’s regulatory reach and highlights the growing acceptance of digital solutions in reproductive health.