Red UK (Digital)

Red UK (Digital)

1 Issue, October 2023

The femtech BOOM

FINALLY, TECHNOLOGY IS HELPING WOMEN TAKE CONTROL OF THEIR HEALTH AT ALL LIFE STAGES. KERRY LAW EXPLORES SOME OF THE MOST EXCITING INNOVATIONS
The femtech BOOM
New technologies are revolutionising our health – from optimising day-to-day wellbeing to increasing longevity and beating disease. And the most exciting part? It’s a healthier-looking future for women. Consumer technology has long been criticised for having an inbuilt male bias. Historically, men have filled the majority of roles in the tech industry, so it’s no surprise that many mainstream trackers and apps have failed to account for female biology. But the tide is turning due, in part, to the rise of ‘femtech’ – a term coined by Ida Tin, co-founder of menstrual health app Clue, to describe products, software and apps that address women’s health needs. This predominantly female-led global industry is forecast to be worth $103bn by 2030. This is, in part, being driven by artificial intelligence (AI). Although the term…
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Red UK (Digital) - 1 Issue, October 2023

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