Canada Femtech Market Size & Outlook, 2023-2030
Canada femtech market, 2018-2030 (US$M)
Related Markets
Canada femtech market highlights
- The Canada femtech market generated a revenue of USD 1,297.6 million in 2023 and is expected to reach USD 3,806.8 million by 2030.
- The Canada market is expected to grow at a CAGR of 16.6% 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 1,297.6 million |
| Market revenue in 2030 | USD 3,806.8 million |
| Growth rate | 16.6% (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, Canada accounted for 3.8% 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 North America, U.S. femtech market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 3,806.8 million by 2030.
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Femtech Market Scope
Femtech Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 33.09% in 2023. Horizon Databook has segmented the Canada femtech market based on devices, software, services, consumer products covering the revenue growth of each sub-segment from 2018 to 2030.
Growing adoption of digital technology coupled with significantly increasing digital literacy is directly contributing to growth of women’s health technology market in Canada. According to a survey conducted by PwC’s Healthcare Services practices team, approximately 2,500 Canadian people stated that a significant percentage of the population is interested in digital care practices.
Furthermore, availability of convenient and accessible healthcare systems is expected to drive the market in the region. Supportive government initiatives, such as Health Canada’s Women’s Health Strategy, which has a special focus on women’s health strategy, including extensive research on women’s healthcare, are leading to increase in availability of medical solutions.
Increase in government investments on women’s health or reproductive health is also expected to boost Canada women’s health technology market. Effective regulation of reproductive and genetic technologies is supporting rapid technological transformations in the healthcare system. Favorable regulations offer opportunity to companies from other countries to serve in Canada.
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Our clientele includes a mix of femtech market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Canada femtech market, including forecasts for subscribers. This country databook contains high-level insights into Canada femtech market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada femtech market size, by type, 2018-2030 (US$M)
Canada Femtech Market Share, 2023 & 2030 (US$M)
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