The emergence of FemTech, a market for tech-based products that focuses on women's health, is providing the world with new opportunities to collect and store data that specifically speaks to the needs of women. This data can then be used to create innovative solutions aimed at improving and promoting women's health outcomes in unprecedented ways. Life-changing technologies such as #fertility trackers, #telemedicine options for remote #healthcare access, and more are already available. FemTech is revolutionising the way women experience health care by making it more personalised and empowering them with data-driven new tools on their journey towards optimal well-being.
Our research and analytics solutions help quickly and easily identify key trends, investments, and shifts in the market. Our latest insightful report FemTech Industry Landscape Q4 2022 provides critical insights and a clear advantage in understanding this emerging industry.
The FemTech market has seen incredible growth in the past several years, with more than 100 companies founded every year since 2015. By joining the force of big data with its women-specific focus and expertise, FemTech has become one of the most important drivers of technological development in the 21st century. In addition, the popularity of FemTech is showing no signs of slowing down. In recent years, there has been a surge in investment in FemTech companies, with the total amount of funding reaching $19.7 billion as of December 2022 (+35% YoY).
Among the main factors that will drive the FemTech Industry growth could be increasing usage of digital technologies, rising knowledge and acceptance of women's health issues, as well as growing prevalence of women-related diseases.
Deep Knowledge Group’s analytical subsidiaries are pioneering powerful Big Data Analytical System & Dashboards that provide automated data-driven investment advice to sectors encompassing AI-Pharma, Finance, Investment, and even Government. These dashboards leverage a vast database containing over 600,000 companies and in total 33 million data points that are updated regularly to ensure real-time accuracy of the insights they provide.
As the world of FemTech continues to evolve, venture capitalists are getting more and more interested. To promote insightful analysis and collaboration in this industry, FemTech Analytics is creating a Big Data Analytics System & Dashboard that will provide real-time updates about the FemTech market. It will ensure that all interested parties have access to the latest information, which enables them to make well-informed decisions and build sustainable partnerships with other vital players.
By investing in this technology, we hope that FemTech will grow even faster and become an integral part of our everyday lives.
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