Reproductive health disorders to drive female tech market to $26.1b by 2033
It will expand at a compound annual growth rate of 15.2%.
The female technology market, valued at $6.9b in 2023, is estimated to reach $26.1b by 2033, expanding at a compound annual growth rate of 15.2% from 2024 to 2033, according to an Allied Market Research report.
The report said it is driven by the increase in reproductive health disorders and growing awareness of personalised women's healthcare solutions.
In 2023, the devices segment dominated the market, due to the increasing adoption of wearable health trackers, smart rings, breast pumps, pelvic health trainers, and connected monitoring tools.
By region, North America generated the highest revenue, whilst Europe and the Asia-Pacific are witnessing steady expansion due to rising healthcare digitisation and preventive women's health.