UK Femtech Market Size & Outlook, 2023-2030
UK femtech market, 2018-2030 (US$M)
Related Markets
UK femtech market highlights
- The UK femtech market generated a revenue of USD 1,287.2 million in 2023 and is expected to reach USD 3,785.3 million by 2030.
- The UK market is expected to grow at a CAGR of 16.7% 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 1,287.2 million |
| Market revenue in 2030 | USD 3,785.3 million |
| Growth rate | 16.7% (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, UK accounted for 3.8% 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 |
|---|
UK 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 33.18% in 2023. Horizon Databook has segmented the UK femtech market based on devices, software, services, consumer products covering the revenue growth of each sub-segment from 2018 to 2030.
According to Cancer Research UK, every year, around 55,000 new breast cancer cases are detected in the country. Referring to the stats related to women’s health issues, the demand for digital healthcare solutions in women’s health is rapidly growing in the country owing to growing inclination of women toward digitalization and shift in approach toward self-care & wellness.
Health apps help in empowering female users self-assess & self-manage their health issues as well as improve quality of care delivered. Emergence of digital healthcare startups in the UK is driving awareness and accessibility of healthcare services, resulting in women being proactive about their health and conscious pursual of a healthy lifestyle.
Renowned and well-established companies such as Flo Health, Inc, headquartered in London, UK, are integrating data science and artificial intelligence-based algorithms in menstrual cycle tracking solutions, which allows users to understand their cycle pattern and their ovulation & fertile window.
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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 UK femtech market, including forecasts for subscribers. This country databook contains high-level insights into UK femtech market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK femtech market size, by type, 2018-2030 (US$M)
UK Femtech Market Share, 2023 & 2030 (US$M)
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