Norway Femtech Market Size & Outlook, 2023-2030
Norway femtech market, 2018-2030 (US$M)
Related Markets
Norway femtech market highlights
- The Norway femtech market generated a revenue of USD 440.6 million in 2023 and is expected to reach USD 1,221.9 million by 2030.
- The Norway market is expected to grow at a CAGR of 15.7% 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 440.6 million |
| Market revenue in 2030 | USD 1,221.9 million |
| Growth rate | 15.7% (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, Norway accounted for 1.3% 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 |
|---|
Norway 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 33.68% in 2023. Horizon Databook has segmented the Norway femtech market based on devices, software, services, consumer products covering the revenue growth of each sub-segment from 2018 to 2030.
Increase in the adoption of digital health technologies for women has contributed to market growth in Norway. Norway prioritizes and promotes the adoption of research & innovation in the healthcare space. The government bodies support health tech innovations by providing them funding and promoting awareness-building platforms.
For instance, the Norwegian healthcare digitalization strategy revolves around three goals: easy & secure access to patient data; easy & safe access to healthcare services; and utilization of data for improving quality of care delivery, health monitoring, & research.
Norwegian healthcare systems are adopting an efficient and holistic approach to healthcare to address the growing female population, increasing unmet healthcare needs of the female population, growing digital literacy, increasing healthcare IT infrastructure, and increased healthcare spending.
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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 Norway femtech market, including forecasts for subscribers. This country databook contains high-level insights into Norway femtech market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Norway femtech market size, by type, 2018-2030 (US$M)
Norway Femtech Market Share, 2023 & 2030 (US$M)
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