Singapore Femtech Market Size & Outlook, 2023-2030
Singapore femtech market, 2018-2030 (US$M)
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Singapore femtech market highlights
- The Singapore femtech market generated a revenue of USD 296.1 million in 2023 and is expected to reach USD 840.8 million by 2030.
- The Singapore market is expected to grow at a CAGR of 16.1% 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 296.1 million |
| Market revenue in 2030 | USD 840.8 million |
| Growth rate | 16.1% (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, Singapore accounted for 0.9% 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 Asia Pacific, China femtech market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,875.8 million by 2030.
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Femtech Market Scope
Femtech Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Singapore 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 33.67% in 2023. Horizon Databook has segmented the Singapore femtech market based on devices, software, services, consumer products covering the revenue growth of each sub-segment from 2018 to 2030.
Singapore is one of the first countries to adopt digital products in healthcare in Asia Pacific. Telemedicine and EHR have been deployed in the country from over a decade. The Singaporean government has plans to invest USD 13 billion in a 5-year R&D plan; a major chunk of the investment was aimed toward innovations in healthcare and IT.
Singapore is a pioneering femtech hub in Asia Pacific region, which includes developing customized healthcare technology solutions that address unmet needs of women. Various factors such as nation-wide wireless broadband network, high-speed access to Internet, disruptive healthcare start-ups & patient-centered digital innovations, and seamless access to healthcare information are expected to boost the adoption of digital technologies in women’s healthcare.
For instance, in 2019, Ease Healthcare was launched to address sexual health & reproductive health services & make them more accessible for Singaporean population and now has over 20,000 users. Ease Healthcare offers birth control solutions and testing for sexually transmitted infections at home.
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Target buyers of Singapore 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 Singapore femtech market, including forecasts for subscribers. This country databook contains high-level insights into Singapore femtech market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Singapore femtech market size, by type, 2018-2030 (US$M)
Singapore Femtech Market Share, 2023 & 2030 (US$M)
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