First global femtech sustainability survey launched

A UK-based organisation has announced the launch of its first industry survey on sustainability in the femtech sector.

The survey, conducted by the Sustainable FemTech Network, is designed to assess current sustainable practices among femtech, sextech, women’s health and sexual wellness companies and identify areas where improvement is needed.

The news comes at a time when the rise of digital healthcare is expected to propel the growth of the femtech market.

According to Precedence Research, the femtech market size was valued at US$51bn in 2021 and is projected to be worth US$103bn by 2030.

The Sustainable FemTech Network’s survey aims to drive sustainable change through research, collaboration, knowledge-sharing and action across the industry and is open to anyone involved in producing, manufacturing, marketing or distributing femtech or sexual wellness products and services.

Amy Guthrie, network founder and Oshun Labs CEO, said: “We are committed to promoting and supporting sustainability within the femtech sector.

“This survey will help us identify best practices and work with our members to improve sustainable innovation and environmental responsibility within the femtech industry.”

The Sustainable FemTech Network is an organisation run by Oshun Labs, a UK-based innovation lab focused on developing sustainable solutions for women’s health, femtech, sexual and reproductive health and wellness.

The results of its survey will be published later this year.

To participate, visit sustainablefemtech.net.