Market revenue in 2023 | USD 1,319.4 million |
Market revenue in 2030 | USD 3,726.1 million |
Growth rate | 16% (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 |
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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 33.36% in 2023. Horizon Databook has segmented the Germany femtech market based on devices, software, services, consumer products covering the revenue growth of each sub-segment from 2018 to 2030.
The medical technology industry is one of the fastest-growing industries in Germany and is considered the foundation of digital health in Germany. Germany is rapidly moving toward digitalization of healthcare, which is visible with the initiative of Digital Health Care Act.
The Act enables a faster regulatory path for companies to introduce their digital health applications in the market after a thorough review. The Germany market is dynamic with presence of innovative methods in healthcare segment and development of new business models.
Growing digitalization in Germany and increased health consciousness has paved the way for health apps. Health apps aid in growth of new market players in Germany healthcare market, startups.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany femtech market, including forecasts for subscribers. This country databook contains high-level insights into Germany femtech market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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