Femtech devices market to rise at 12.93% CAGR through 2028

Its expansion is attributed to the increasing rate of infertility and obesity-related cases in women.

The global market for femtech devices is projected to grow by $8.6b until 2028 at an estimated compound annual growth rate (CAGR) of 12.93%, said Technavio.

The sector’s expansion is attributed to the rising rate of infertility and obesity-related cases in women, with key areas including endometriosis management, breast cancer detection, and fertility tracking apps.

Building on this, healthcare technology is focusing on personalised diagnostics and real-time monitoring tools.

“Smart breast pumps and breastfeeding solutions are transforming mHealth for new mothers. Telemedicine and digital health solutions offer increased healthcare access for chronic disease prevention and postpartum depression (PPD) management,” the report said.

The market is also witnessing a shift towards the integration of artificial intelligence and machine learning (ML) technologies, particularly in menstrual tracking and fertility monitoring.

Advanced algorithms are used to analyse data such as menstrual cycle length, basal body temperature, and symptoms, to predict ovulation, fertility windows, and potential reproductive health issues.

“Furthermore, AI-powered virtual assistants and chatbots integrated into femtech devices enhance the accessibility of women's health information and support,” the report added.