Is ‘Femtech’ the Next Big Thing in Health Care?

The New York Times, 07/04/2021

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Beesens TEAM

Is ‘Femtech’ the Next Big Thing in Health Care?

"Start-ups and tech companies are creating products to address women’s health care needs. It’s still a small segment of the market, but growing.
Women represent half of the planet’s population. Yet tech companies catering to their specific health needs represent a minute share of the global technology market.
In 2019, the “femtech” industry — software and technology companies addressing women’s biological needs — generated $820.6 million in global revenue and received $592 million in venture capital investment, according to PitchBook, a financial data and research company. That same year, the ride-sharing app Uber alone raised $8.1 billion in an initial public offering. The difference in scale is staggering, especially when women spend an estimated $500 billion a year on medical expenses, according to PitchBook...." Lire la suite