Is ‘Femtech’ the Next Big Thing in Health Care?

Clue permits girls to do accurately that with a couple of faucets on their smartphone. Nowadays, the firm has a good deal of level of competition in the interval- and fertility-tracking spot. And lots of other women-particular instruments have arrive on to the marketplace. Elvie, a London-dependent company, has promoted a wearable breast pump and a pelvic exercise coach and app, equally employing smart technologies. A different strand of femtech recognised as “menotech” aims to strengthen women’s life as they go by menopause, offering entry to telemedicine, and facts and knowledge that females can faucet into.

Credit score…Clue

Ultimately, there are health care technology businesses concentrated on most cancers that impacts females, these types of as cervical cancer and breast cancer.

In accordance to the Environment Health Corporation, cervical cancer is the fourth most frequent result in of cancer among gals about the globe. In 2018, about 570,000 gals experienced it, and as a lot of as 311,000 died. The W.H.O. in November declared a method to eradicate the sickness wholly by the 12 months 2030.

MobileODT, a start off-up primarily based in Tel Aviv, takes advantage of smartphones and synthetic intelligence to display for cervical cancer. A sensible colposcope — a portable imaging unit which is one particular and a 50 percent situations the dimension of a smartphone — is utilized to choose a photograph of a woman’s cervix from a distance of about a meter (3 feet). The impression is then transmitted to the cloud via a smartphone, where by artificial intelligence is applied to detect typical or irregular cervical findings.

A analysis is shipped in about 60 seconds — when compared to the weeks it can take to receive the success of a conventional smear examination (which, in creating international locations, extends to months.) In addition to this screening, health professionals nonetheless use smear exams.

The technology was not long ago used to monitor 9,000 girls throughout a a few-month period of time in the Dominican Republic as component of a govt-led marketing campaign, the corporation declared past month. A different 50,000 females are anticipated be screened in the upcoming 6 months.

Leon Boston, the South African-born chief govt of MobileODT, mentioned the privately owned business was advertising into about 20 different nations including the United States, India, South Korea and Brazil, and is heading into a fund-raising round to develop on its original seed revenue of $24 million.