Australia Femtech Market Size & Outlook, 2023-2030
Australia femtech market, 2018-2030 (US$M)
Related Markets
Australia femtech market highlights
- The Australia femtech market generated a revenue of USD 456.9 million in 2023 and is expected to reach USD 1,317.5 million by 2030.
- The Australia market is expected to grow at a CAGR of 16.3% from 2024 to 2030.
- In terms of segment, devices was the largest revenue generating type in 2023.
- Devices is the most lucrative type segment registering the fastest growth during the forecast period.
Femtech market data book summary
| Market revenue in 2023 | USD 456.9 million |
| Market revenue in 2030 | USD 1,317.5 million |
| Growth rate | 16.3% (CAGR from 2023 to 2030) |
| Largest segment | Devices |
| Fastest growing segment | Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Devices, Software, Services, Consumer Products |
| Key market players worldwide | Alphabet Inc Class A, Apple Inc, Nokia Oyj, Fitbit, Flo Health, Natural Cycles, Glow, Clue |
Other key industry trends
- In terms of revenue, Australia accounted for 1.3% of the global femtech market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China femtech market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,875.8 million by 2030.
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Femtech Market Scope
Femtech Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia femtech market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to femtech market will help companies and investors design strategic landscapes.
Devices was the largest segment with a revenue share of 33.73% in 2023. Horizon Databook has segmented the Australia femtech market based on devices, software, services, consumer products covering the revenue growth of each sub-segment from 2018 to 2030.
Australia is one of the leading countries in terms of integration of digital technology into healthcare; however, Australian femtech industry is still a new and unchartered industry. Government-backed initiatives are among major factors boosting market growth in the country.
Government bodies are focused on devising strategies to make digital health technologies affordable and accessible for the Australian population. Increasing adoption of women’s health app, especially for tracking menstrual cycle.
However, accuracy of these apps and predictions based on its analysis is a concern. Researchers at Eve Health Fertility, Brisbane along with Queensland Fertility Group conducted a study of the most downloaded fertility apps. From December 2018 to February 2019, around 400 fertility apps were available in Australia, out of which 36 most downloaded apps were studied.
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Our clientele includes a mix of femtech market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia femtech market, including forecasts for subscribers. This country databook contains high-level insights into Australia femtech market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia femtech market size, by type, 2018-2030 (US$M)
Australia Femtech Market Share, 2023 & 2030 (US$M)
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