Russia Femtech Market Size & Outlook, 2023-2030
Russia femtech market, 2018-2030 (US$M)
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Russia femtech market highlights
- The Russia femtech market generated a revenue of USD 758.6 million in 2023 and is expected to reach USD 1,935.5 million by 2030.
- The Russia market is expected to grow at a CAGR of 14.3% 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 758.6 million |
| Market revenue in 2030 | USD 1,935.5 million |
| Growth rate | 14.3% (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, Russia accounted for 2.2% 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 |
|---|
Russia 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 33.72% in 2023. Horizon Databook has segmented the Russia femtech market based on devices, software, services, consumer products covering the revenue growth of each sub-segment from 2018 to 2030.
The Russian healthcare system is well-maintained and established in bigger cities like Moscow. Of late, Russia has made significant investments to digitalize its healthcare system. For instance, in 2018, in an event held in Moscow, it was emphasized that investments are being made to introduce digital technology in healthcare.
Most investments were made with a plan to introduce artificial intelligence and machine learning in R&D pertaining to digital healthcare technologies. The growing smartphone penetration coupled with improving internet connectivity in Russia is contributing market growth.
. The healthcare systems in Russia are adopting advanced, automated solutions such as blockchain technology, Big Data analytics, artificial intelligence, and machine learning to support digitalization of healthcare. For example, SMSmame is an innovative mobile educational service for pregnant women and young mothers.
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Target buyers of Russia 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 country-level data and insights on the Russia femtech market, including forecasts for subscribers. This country databook contains high-level insights into Russia femtech market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Russia femtech market size, by type, 2018-2030 (US$M)
Russia Femtech Market Share, 2023 & 2030 (US$M)
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