Pregnancy & nursing is the single largest FemTech subsector. Over one quarter of all FemTech companies specialise in this area.
At the same time, the baby care products market is growing annually, standing at just under $75 billion in revenue in 2022. And set to grow year-over-year, reaching almost $89 billion by 2026.
It is therefore no surprise that the global breastfeeding tech market is on the rise. The market is expected to increase at a CAGR of 7.8% through 2026, reaching approximately $2.55B.