MobiHealth News July 8, 2020
The report indicates that fertility focused startups have raised $2.2 billion in the last five years.
Infertility is a fairly common problem in the US. The CDC reports that about 10 in every 100 women in the country has difficulty becoming or staying pregnant.
This has given rise to the emerging ‘FemTech’ industry, and in particular fertility tech, digital products designed to support individuals looking to get pregnant. Recently, venture capital firm Octopus released a report outlining the opportunity for the industry – noting that fertility-focused startups have scored $2.2 billion in investments between 2014 and 2019.
“The trend is clear to see. As fertility rates continue to decline, demand for fertility treatments will continue to rise, but not...