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Is Femtech the next big thing in healthcare?

The word allows women to do just that with a few taps on their smartphone. Today the company has a lot of competition in the field of “fertility” of the period. And many other tools for women have hit the market. Elvie, based in London, has launched a breast pump և pelvic floor exercise և app, both using smart technology. Another Femtech series, known as menotech, aims to improve women’s lifestyles as they go through menopause by providing access to telemedicine և information և data that women can use.

Credit …Revelation

Finally, there are medical technology companies that focus on cancers that affect women, such as cervical and breast cancer.

According to the World Health Organization, cervical cancer is the fourth most common cause of cancer among women worldwide. In 2018, about 570,000 women had it, և 311,000 died. The WHO announced in November a plan to eradicate the disease by 2030.

MobileODT, based in Tel Aviv, uses smartphones to detect cervical cancer. The smart colposcope, a one and a half times the size of a smartphone, uses a photograph of a woman’s cervix from a distance of about one meter (3 feet). The image is then transmitted via a smartphone to the cloud, where artificial intelligence is used to detect normal or abnormal cervical findings.

The diagnosis is made in about 60 seconds. Compared to the weeks it takes to get the results of a standard ointment test (which spreads over months in developing countries). In addition to this examination, doctors still use ointment tests.

The technology was recently used to screen 9,000 women in the Dominican Republic over a three-month period as part of a government-announced campaign last month. It is expected that 50 50,000 women will be represented in the next six months.

MobileODT South Africa-born Leon Boston said the private company, which sells to about 20 different countries, including the United States, India, South Korea and Brazil, was planning to build a fundraising phase based on it. Initial seed amount: $ 24 million.


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