Dublin, April 11, 2024 (GLOBE NEWSWIRE) -- The "Female Health Tech Market Report 2024-2034" report has been added to ResearchAndMarkets.com's offering.
World revenue for the Female Health Tech Market will surpass US$ 140.9 billion in 2024, with strong revenue growth through to 2034.
Increased awareness and focus on women's health have been transformative, driven by a confluence of factors that have brought long-overdue attention to the unique healthcare needs of women. Historically, women's health issues were often overlooked or generalized within the broader context of healthcare. However, concerted efforts from healthcare professionals, researchers, advocacy groups, and policymakers have reshaped this landscape. Research initiatives have delved into conditions specific to women, unravelling the complexities of reproductive health, hormonal fluctuations, and diseases like endometriosis and polycystic ovary syndrome (PCOS).
Simultaneously, educational campaigns have sought to dismantle taboos surrounding women's health, fostering open dialogues and empowering women to advocate for their own well-being. Public health campaigns have spotlighted critical issues such as maternal mortality rates, breast cancer awareness, and access to contraception, amplifying the urgency for targeted interventions. Moreover, advocacy movements have catalyzed policy changes, leading to greater recognition of women's health as a fundamental aspect of public health agendas.
This heightened awareness has not only fostered a more inclusive approach to healthcare but has also driven innovation in female health technology, with solutions ranging from wearable devices for menstrual tracking to AI-powered platforms for personalized health insights. Overall, the increased awareness and focus on women's health signify a pivotal shift towards equitable healthcare provision and a deeper understanding of the diverse needs of women across the lifespan.
Technological advancements in patient care
Technological advancements in female health tech have revolutionized the landscape of women's healthcare, offering innovative solutions tailored to address the unique needs and experiences of women. These advancements span a wide range of areas, from reproductive health to menopause management, and have been made possible by breakthroughs in various fields of technology.
Wearable devices, such as smartwatches and fitness trackers, have emerged as powerful tools for women to monitor their menstrual cycles, track fertility windows, and manage overall health and wellness. These devices leverage sensors and algorithms to collect data on physiological parameters, providing users with valuable insights into their reproductive health and helping them make informed decisions about contraception, fertility planning, and menstrual cycle management.
Mobile applications have also played a crucial role in empowering women to take control of their health. These apps offer a diverse array of features, including menstrual tracking, ovulation prediction, pregnancy monitoring, and symptom management for conditions like endometriosis and PCOS. By digitizing health information and providing personalized recommendations, these apps enable women to actively participate in managing their health and well-being.
Telemedicine platforms have expanded access to healthcare services for women, particularly in underserved areas or for individuals with mobility constraints. These platforms facilitate remote consultations with healthcare providers, enabling women to seek advice, receive diagnoses, and access treatments from the comfort of their homes. This has proven especially valuable during the COVID-19 pandemic, when in-person healthcare services were limited.
Key Market Dynamics
Market Driving Factors
- Increasing Awareness and Education
- Rapid Advancements in Technology are Catalysing the Growth of the Female Health Tech Market
- Increasing Empowerment and Advocacy for Women's Health and Wellness
- Healthcare Personalization is a Key Driving Force Behind the Growth of the Female Health Tech
Market Restraining Factors
- Complex Regulatory Frameworks and Varying Standards for Healthcare Technologies Across Different Region
- Privacy and Security Risks Associated with the Collection, Storage, and Transmission of Sensitive Health Data
- Healthcare Inequities and Disparities in Access to Healthcare Services, Particularly in Underserved Regions and Marginalized Communities
Market Opportunities
- Development of New Products and Services that Address Unmet Needs in Women's Health
- Partnerships Between Healthcare Providers, Technology Companies, and Research Institutions
- Global Health Initiatives Aimed at Improving Women's Health Outcomes
Forecasts to 2034 and other analyses reveal commercial prospects
- In addition to revenue forecasting to 2034, the new study provides you with recent results, growth rates, and market shares.
- You will find original analyses, with business outlooks and developments.
- Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising Female Health Tech prices and recent developments.
Segments Covered in the Report
By Product Types
- Consumer Products
- Devices (Wearables, Hardware)
- Software (Apps)
- Diagnostics
- Digital Platform
- Drugs, Vitamins & Supplements
- Services
- Telehealth
By Application
- Pregnancy and Nursing Care
- Reproductive Health and Contraception
- Menstrual Health
- General Healthcare
- Pelvic and Uterine Healthcare
- Sexual Health
- Women's Wellness
- Menopause Care
- Longevity
- Mental Health
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for four regional and 25 leading national markets.
The report also includes profiles and for some of the leading companies in the Female Health Tech Market, 2024 to 2034, with a focus on this segment of these companies' operations.
Leading companies and the potential for market growth
- Athena Feminine Technologies
- Bloomlife
- Elvie (Chiaro Technology Limited)
- HeraMED
- iSono Health
- Minerva Surgical
- NUVO Inc
- Prelude Fertility, Inc.
- Sera Prognostics
- Univfy Inc.
- TOTOHEALTH
In summary, the report provides you with the following knowledge:
- Revenue forecasts to 2034 for Female Health Tech Market, with forecasts for material, design, type, delivery and application, each forecast at a global and regional level - discover the industry's prospects, finding the most lucrative places for investments and revenues.
- Revenue forecasts to 2034 for five regional and 27 key national markets - See forecasts for the Female Health Tech Market in North America, Europe, Asia-Pacific, Latin America, and MEA. Also forecasted is the market in the US, Canada, Mexico, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
- Prospects for established firms and those seeking to enter the market - including company profiles for 11 of the major companies involved in the Female Health Tech Market, 2024 to 2034.
For more information about this report visit https://www.researchandmarkets.com/r/lnwo1x
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