Israel Femtech Market Analysis, Market Size, Competitive...

Israel Femtech Market Analysis, Market Size, Competitive Strategies, Forecasts to 2032

Posted 2024-02-06 16:26:55

According to a new report published by K D Market Insights, titled, “Israel Femtech Market Insights, Trends, Opportunity & Forecast, 2023–2032,” the Israel femtech market size is anticipated to witness moderate growth during the forecast period i.e., 2023-2032. The increasing awareness and adoption of femtech solutions among women for their reproductive and general health which are the major factors augmenting the growth of the Israel femtech market. The Israel femtech market is anticipated to grow at a robust CAGR of 15.1% from 2023 to 2032. It achieved a revenue of $3.1 billion in 2022 and is projected to reach $12.6 billion by 2032.

There is a growing emphasis on women's health and wellness, and femtech solutions play a crucial role in empowering women to take charge of their reproductive and general health. The increasing awareness and acceptance of femtech products and services among women are further expected to create ample growth opportunities for the Israel femtech market during the forecast period i.e., 2023-2032. Moreover, technological advancements have led to the development of innovative femtech solutions has propelled market expansion. Spreading awareness among women consumers, is expected to contribute towards the market growth during the period.

The Tel Aviv region accounted for the largest share in the Israel femtech market in 2022. The region is further projected to continue dominating in the market and also register the highest CAGR in the market during the forecast period. This can be attributed to the rising demand for personalized and preventive healthcare solutions, and the growing adoption of digital technologies in the healthcare sector.

According to type, the consumer products segment accounted for the largest market share in the Israel femtech market in 2022 and is further expected to continue with the trend during the forecast period i.e., 2023 – 2032.

The Israel femtech market is segmented into type, application, end user and region. Based on type, the market is bifurcated into consumer products, wearable devices, medical devices (diagnostics and hardware), digital platform, mobile apps, services, others. Based on application, it is classified into pregnancy & nursing, reproductive health, pelvic & uterine health, menstrual health, general healthcare, sexual health, women's wellness, others. Based on end user, it is classified into individual women, hospitals and clinics, fertility centers and specialists.

The Israel femtech market is analyzed across Tel Aviv, Jerusalem, Haifa, Beersheba, Other Regions in Israel.

Key Insights of Israel Femtech Market

On the basis of type, the consumer products segment accounted for the largest market share in the Israel femtech market in 2022 and is further expected to continue with the trend during the forecast period i.e., 2023 – 2032.
On the basis of region, Tel Aviv accounted for the largest share in the Israel femtech market in 2022. The region is further projected to continue dominating in the market during the forecast period.
On the basis of region, Jerusalem is estimated to account for the second largest share in the market during the forecast period.

Some of the major Israel femtech companies profiled in the report include Pulsenmore Ltd, OCON Healthcare, HeraMED Ltd, PregnanTech, AiVF, Fertigo Medical Ltd, MobileODT, Gals Bio Ltd, DiagnoseStick LTD, Hervana-Bio LTD, NUVO Inc, Carmel Diagnostics Ltd.