Middle East & Africa Femtech Market Size & Outlook

The femtech market in Middle East & Africa is expected to reach a projected revenue of US$ 4,406.6 million by 2030. A compound annual growth rate of 16.5% is expected of Middle East & Africa femtech market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,511.2
Forecast, 2030 (US$M)
$4,406.6
CAGR, 2024 - 2030
16.5%
Report Coverage
Middle East & Africa

MEA femtech market highlights

  • The MEA femtech market generated a revenue of USD 1,511.2 million in 2023.
  • The market is expected to grow at a CAGR of 16.5% 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, Israel is expected to register the highest CAGR from 2024 to 2030.


MEA data book summary

Market revenue in 2023USD 1,511.2 million
Market revenue in 2030USD 4,406.6 million
Growth rate16.5% (CAGR from 2023 to 2030)
Largest segmentDevices
Fastest growing segmentDevices
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDevices, Software, Services, Consumer Products
Key market players worldwideAlphabet Inc Class A, Apple Inc, Nokia Oyj, Fitbit, Flo Health, Natural Cycles, Glow, Clue


Other key industry trends

  • In terms of revenue, MEA region accounted for 4.5% 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 Companies

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Middle East & Africa 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 33.49% in 2023. Horizon Databook has segmented the Middle East & Africa femtech market based on devices, software, services, consumer products covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Middle East & Africa femtech market databook

  • Our clientele includes a mix of femtech market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 Middle East & Africa femtech market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa femtech market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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MEA femtech market size, by country, 2018-2030 (US$M)

Middle East & Africa Femtech Market Share, 2023 & 2030 (US$M)

MEA femtech market size, by country, 2018-2030 (US$M)

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