Nicole Junkermann, NJF Capital founder, presents an A-Z of Femtech – a series of short videos focused on specific areas of interest in this hugely important and exciting field.
Women make up 51% of the world’s population but only 4% of global healthcare research funding is allocated to them.
Femtech innovation is tackling this shortfall. While the name was coined by Danish entrepreneur Ida Tin in 2016, the boom has been a global phenomenon.
Although all women are physiologically similar, successful Femtech solutions need to be culturally relevant and appropriate.
In the US, where medical care is privatised, telehealth is popular with the launch of online clinics tailored to menopause, for example.
In low-income countries, inexpensive handheld devices that screen for breast and cervical cancer are saving women’s lives.
By addressing unmet needs, Femtech is improving the quality of women’s lives all over the globe.