Latin America Femtech Market Size & Outlook, 2024-2030
Latin America femtech market, 2018-2030 (US$M)
Related Markets
Latin America femtech market highlights
- The Latin America femtech market generated a revenue of USD 1,934.4 million in 2023.
- The 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.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 1,934.4 million |
| Market revenue in 2030 | USD 5,684.2 million |
| Growth rate | 16.6% (CAGR from 2023 to 2030) |
| Largest segment | Devices |
| Fastest growing segment | Devices |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Latin America region accounted for 5.7% of the global femtech market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 18,714.5 million by 2030.
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Femtech Market Scope
Femtech Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 33.66% in 2024. Horizon Databook has segmented the Latin America femtech market based on devices, software, services, consumer products covering the revenue growth of each sub-segment from 2018 to 2030.
The Latin America region is facing serious concerns regarding women’s health such as presence of societal stigma & resistance in addressing women’s health issues, lack of awareness regarding women’s health, and gender disparity. Fertility is among the major health challenges faced by women in Latin American countries, which is drawing attention of market players toward these untapped markets.
Increasing government initiatives to encourage adoption of healthcare IT services and formulation of favorable regulations are expected to support market growth over the forecast period.
Growing target population and rising demand for management of women’s health issues are among factors expected to boost market development and growth in the region. Increasing expenditure on electronic devices and smartphones is contributing to the development of the market.
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Target buyers of Latin America femtech market databook
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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 continent-level data and insights on the Latin America femtech market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America femtech market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America femtech market size, by country, 2018-2030 (US$M)
Latin America Femtech Market Share, 2024 & 2030 (US$M)
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