|Growth Opportunities in the Global Femtech Market, Forecast to 2024|
|The Market is Underpenetrated but has the Potential to Reach $9.4 Billion by 2024|
Femtech is an emerging term and, as is the case with most new concepts, is poorly understood. While some relate Femtech only with products unique to the female anatomy (including consumer products), others dismiss it as just another term for a group of existing solutions. Frost & Sullivan believes it is a unique space and a place for new growth opportunities –one with the potential to cross $8 billion by 2020 and even $9 billion by 2024 (without considering the potential for cancer or pharmaceutical solutions) – if penetration and adoption of such solutions is rapid enough.
KEY ISSUES ADDRESSED