We’re still climbing
Women+ health is receiving more attention—but still, gaps remain. New research shows that despite living longer than men, women and people assigned female at birth globally spend 25% more time in “poor health” compared to men. Only 5% of the total women’s health burden can be attributed to gynecological or maternal conditions; 51% stems from conditions that affect women differently than men, like colon cancer, or at higher rates, such as autoimmune disease. Another hard-to-hear stat? According to the Rock Health Venture Funding Database, investment in U.S. digital health startups addressing women+ health needs dropped to $283M in 2023 (2.7% of overall funding), down from $840M (5.5%) in 2022 and $2.1B (7.1%) in 2021.
Yet 2024 is already offering promising signals. Diagnostics player Qvin received FDA clearance for its menstrual blood testing product, while Teal Health launched a clinical study of Teal Wand, its at-home device for cervical cancer screenings. And with cost-related drug nonadherence and autoimmune disease impacting women at higher rates, forward-thinking retailers and employers are expanding access to prescription cost-saving and autoimmune care programs. It’s too early to note if these signals will translate into funding and better outcomes in 2024, but we’re here to support the climb.
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