Femtech, a term coined in 2016 by an Entrepreneur, Ida Tin. Femtech represents the Female HealthCare Technology.In the course of just a few years, it has grown to encompass a range of technology-enabled, consumer-centric products and solutions.
According to Mckinsey report, Depending on scope, estimates for FemTech’s current market size range from $500 million to $1 billion. Forecasts suggest opportunities for double-digit revenue growth. On the digital health front, FemTech companies currently receive 3 percent of all digital health funding. In our scan of hundreds of FemTech companies, we found concentration in maternal health patient support, consumer menstrual products, gynecological devices, and solutions in fertility. Funding reached $2.5 billion by early December 2021. In some cases, FemTech companies are filling gaps not yet addressed by biopharma and device incumbents, such as in the area of maternal health
A period tracker mobile application can be a helpful tool for women to track their menstrual cycles, fertility, and overall reproductive health. Developing such an app requires a combination of design skills, technical expertise, and an understanding of the target audience.
If you are looking to start a business with a Period tracker Mobile Application in FemTech then you can refer to this step-by-step guide on how to develop a period tracker mobile app:
- Define the scope and goals of the app: The first step in developing a period tracker app is to determine the scope and goals of the app. Some questions to consider include:
- Who is the target audience for the app?
- What features and functionality should the app include?
- How will the app be marketed and distributed?
- Conduct market research: It is important to understand the needs and preferences of your target audience. This can be done through surveys, focus groups, and by analyzing the features and functionality of existing period tracker apps.
- Design the user interface: The user interface (UI) is the visual and interactive element of the app that allows users to interact with the app. It is important to design a UI that is intuitive, easy to use, and visually appealing.
- Develop the app: Once the UI has been designed, it is time to start developing the app. This involves writing code to implement the various features and functionality of the app. It is important to test the app regularly to ensure that it is functioning as intended.
- Test and debug the app: Testing and debugging the app is an important step in the development process. This involves identifying and fixing any issues or bugs that may arise during development.
- Launch the app: Once the app is complete, it is time to launch it. This involves submitting the app to the appropriate app store (e.g. Google Play or the App Store), creating marketing materials, and promoting the app to your target audience.
- Monitor and update the app: After the app has been launched, it is important to monitor its performance and make any necessary updates or changes. This may include adding new features, fixing bugs, or improving the UI.
Developing a period tracker mobile app requires a combination of design and technical skills, as well as an understanding of the target audience. By following these steps, you can create a helpful and user-friendly app that helps women track their menstrual cycles and reproductive health.
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