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There’s an app for everything these days. Femtech (or female technology) is aimed at improving women’s health and wellness through various digital products or services. With technology, you can track menstruation and fertility cycles, or monitor sexual health and menopause.
The women’s health market is estimated to reach nearly US$1.19 trillion (SG$1.6 trillion) globally by 2027, according to the Femtech Landscape Report 2021, co-authored by non-profit Femtech Focus and Coyote Ventures, a venture capital company that invests in women's health and wellness start-ups.
Meanwhile, market research firm Frost and Sullivan predicts the femtech sector will reach a market potential of US$50 billion (SG$69 billion) by 2025. In fact, Singapore is building a reputation as a centre for femtech in Asia: In 2021, Singapore hosted more than 24 femtech companies, out of the 41 based in South-east Asia.
“Over the last year, Singapore has started to receive recognition as the ‘hub of femtech’, most likely due to the fact that we hold half of what is available in the region,” says Francesca GearyStingl, PR and marketing lead at Fermata Singapore, an Asian femtech ecosystem that provides solutions on marketplace, localisation support and B2B consulting.
この記事は Her World Singapore の May 2022 版に掲載されています。
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この記事は Her World Singapore の May 2022 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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