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

The clue allows women to do exactly this with a few taps on their smartphone. Today, the company has a lot of competition in the period and fertility-tracking sector. And many other women-specific devices have come on the market. LVA London-based company has marketed wearable breast pumps and pelvic exercise trainers and apps using smart technology. Another link of women known as “menotech” aims to improve women’s lifestyles as they go through menopause, provide access to telemedicine, and information and data that women can tap into .

Credit …The signal

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

According to the World Health Organization, cervical cancer is the fourth most common cause of cancer in women around the world. In 2018, around 570,000 women had it, and 311,000 died. Who In November announced a program to eradicate the disease completely by 2030.

MobileODT, A start-up based in Tel Aviv, uses smartphones and artificial intelligence to investigate cervical cancer. A smart colposcope – a portable imaging device that is one and a half times the size of a smartphone – is used to take a photograph of a woman’s cervix from a distance of about one meter (3 feet). The image is then transmitted via smartphone to the cloud, where artificial intelligence is used to identify common or abnormal cervical findings.

A diagnosis is made in about 60 seconds – compared to the weeks it takes to get the results of a standard smear test (which, in developing countries, extends to months.) In addition to this screening, doctors still use smear tests. We do.

The company recently screened 9,000 women in the Dominican Republic as part of a government-led campaign during a three-month period, the company announced last month. Another 50,000 women are expected to perform in the next six months.

MobileODT’s South African-origin CEO Leon Boston said the privately-owned company is selling in about 20 different countries, including the United States, India, South Korea and Brazil, and is undergoing funding to build it. is. Initial seed money of $ 24 million.

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