The United Kingdom (UK) and France Canadian Technology Accelerator (CTA) teams are thrilled to announce the opening of the recruitment for our upcoming FemTech CTA program!
The UKis currently the largest market for FemTech in Europe. It’s the epicenter for women's health innovation, housing approximately 32% of FemTech startups in Europe. As of late 2024, the sector was valued at over £700 million . The sector is growing at an impressive rate of 30% annually, due to an increasing awareness of women's health needs and advancements in technology. The UK has a robust ecosystem supporting FemTech growth, including:
- significant investment
- government initiatives like the Women’s Health Strategy
- numerous innovation hubs like:
- London
- Cambridge
- Manchester
- Oxford
The FemTech industry in France is thriving and rapidly evolving, driven by innovation and a growing focus on women's health. This momentum is reinforced by government-backed initiatives aimed at accelerating healthtech and women's health solutions. Such initiatives include the France 2030 Health Innovation Plan, and targeted funding from Bpifrance.. FemTech in France is ready for expansion and presents a good opportunity to enter the market early. France ranks third in Europe for venture capital (VC) investment in tech companies, with a notable portion directed towards FemTech. Paris is the leading hub for FemTech in France. The city is home to a significant number of startups and organizations.
There are unique growth opportunities for Canadian companies looking to expand into these exciting markets, particularly for those with innovative technology in:
- biotechnology
- medical devices
- diagnostics
- therapeutics
- digital health
- research tools
- mental health