Finland Femtech Market Size & Outlook, 2023-2030
Finland femtech market, 2018-2030 (US$M)
Related Markets
Finland femtech market highlights
- The Finland femtech market generated a revenue of USD 282.8 million in 2023 and is expected to reach USD 943.4 million by 2030.
- The Finland market is expected to grow at a CAGR of 18.8% 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 282.8 million |
| Market revenue in 2030 | USD 943.4 million |
| Growth rate | 18.8% (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, Finland accounted for 0.8% 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 Europe, UK femtech market is projected to lead the regional market in terms of revenue in 2030.
- Finland is the fastest growing regional market in Europe and is projected to reach USD 943.4 million by 2030.
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Femtech Market Scope
Femtech Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Finland 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 33.8% in 2023. Horizon Databook has segmented the Finland femtech market based on devices, software, services, consumer products covering the revenue growth of each sub-segment from 2018 to 2030.
The digital health technology industry of Finland is one of the fastest growing industries in the country. The COVID-19 pandemic drove the demand for advanced health technology solutions as healthcare stakeholders required innovative methods to offer connected health solutions.
The pandemic positively impacted the health tech developers in Finland, especially developers of remote monitoring solutions, self-assessment solutions, and at-home diagnostic solutions. The health technology industry of Finland benefits from a rich source of research investment and a culture of collaboration.
The Finnish women’s health technology market is majorly driven by factors such as growing female population, declining fertility rate, growing disease burden, improving healthcare IT infrastructure, and increasing public awareness & health consciousness. In addition, rising investments in health IT infrastructure is also boosting the market.
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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 Finland femtech market, including forecasts for subscribers. This country databook contains high-level insights into Finland femtech market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Finland femtech market size, by type, 2018-2030 (US$M)
Finland Femtech Market Share, 2023 & 2030 (US$M)
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