Could femtech become a breakout sector in the age of the 'new normal'?

Fast-growing sector

clock • 4 min read
Dmytro Spilka is founder and CEO at Solvid
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Dmytro Spilka is founder and CEO at Solvid

The Covid-19 pandemic has seen many fresh and vibrant new tech-based industries emerge, but none may be more resonant than femtech - a rapidly growing industry that promises to deliver unprecedented care and wellness for women around the world.

If current trends continue, the femtech landscape may become one of the fastest growing sectors throughout the decade ahead.  At its current fledgling stage, we are seeing reports arrive with increasing frequency surrounding more femtech startups securing funding for growth. These trends are likely to continue to build momentum as smarter feminine hygiene solutions begin scaling at a rate strong enough to drive widespread adoption.  As data shows, the femtech market has been forecasted to grow at a CAGR of around 15.6% to a value of more than $60bn by 2027.  According to Maxim Mant...

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