Med-Tech Innovation April 26, 2024
Sustainable Femtech Network, the community for sustainable femtech innovation, has released its Sustainability in Femtech 2023 report.
The report is the first of its kind to look at attitudes, perceptions and experiences of sustainability across the femtech industry.
Using data gathered from a sector-wide survey, the report revealed that nearly three-quarters (72.2%) of respondents think improvements are needed to make the industry more sustainable.
Materials and circularity were cited as top challenges, alongside a lack of funding for sustainable innovation (59.1%). This is despite sustainability being perceived as a key driver for some funders and investors. One respondent commented “Investors are asking for sustainability.”
The survey on which the report is based, conducted by Sustainable Femtech Network, was designed to...