Global FemTech Market Valued at $22 Billion Is Expected to Grow at a CAGR of 15% – Digital Revolution in Women's Health Segment
The Global FemTech Market valued at ~$22 billion (2020) is set to witness healthy growth rate of 15% in the next 5 years. Favorable investment environment, rising adoption of telehealth, increasing burden of chronic & infectious diseases, technological advancements, growing emphasis on reproductive health & sexual empowerment in developing economies and rising awareness amongst women related to detection & management of early illness are some of the key factors driving the Global FemTech Market.