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Europe Femtech Market Forecast 2021-2028

KEY FINDINGS

The Europe femtech market is estimated to register a CAGR of 12.53% over the forecasting period of 2021 to 2028. Factors like the well-established presence of local players, the growing incidence of breast cancer, as well as the initiatives launched by the government to improve public health are mainly accredited to the regional market's growth.

MARKET INSIGHTS

The Europe femtech market growth assessment includes the analysis of Spain, Germany, the United Kingdom, the Netherlands, Sweden, France, and the rest of Europe. As per the Eurostat (Directorate-General of the European Commission) database, France recorded the highest fertility rate across Europe in 2016. However, the rates depreciated in 2018, when 758,000 babies were born in the country, indicating a notable decline compared to the previous year. Subsequently, in 2018, France's fertility rate decreased to 1.87 compared to 1.88 in 2017. The decrease is mainly accredited to the declining number of women in the child-bearing age bracket.

On the other hand, the femtech ecosystem in Spain is at the nascent stage, with only a few companies operating in the country's market. For instance, LactApp is a breastfeeding start-up, providing a mobile app for the resolution of issues accolated with maternity and breastfeeding. The adoption rate of the app in Spain is one in four breastfeeding women. Similarly, Emjoy, a sexual wellness company based in Barcelona, provides a wellness app that offers research as well as scientifically accurate information in audio format. Hence, these factors are expected to drive the market growth in Europe during the forecasting years.

COMPETITIVE INSIGHTS

Some of the major firms operating in the market are Biowink GmbH, Inne, NaturalCycles Nordic AB, etc.

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- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
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- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

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Europe Femtech Market Forecast 2021-2028
Published By :Inkwood Research
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