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Focus on APAC
August 14, 2024
Explore the evolving landscape of women's health. Discover insights on underrepresentation in clinical trials and the urgent need for healthcare solutions.
While women represent 50% of the global population and in healthcare, 80% of purchasing decisions are made by women. It is remarkable to note that women’s health industry is still nascent and a mere subset in healthcare (1,2).
When we interviewed women across many markets globally, it is a common theme that women feel a pressure to be a “superwoman” – women feel the pressure to manage and juggle across all aspects of their life (home, work, family and friends). Most often, women are more likely to bear the childcare and family care responsibilities. And when it comes to prioritization, they prioritize the needs of their family and children first before themselves neglecting their own health (3,10).
Several publications and books have indicated gender bias in healthcare. Women historically are underrepresented and have been excluded from researches due to the belief that their hormones and bodily changes throughout the menstrual cycle can interfere with the results.
This relative absence of women in in scientific and clinical studies led to lack of knowledge and understanding of women’s health conditions. In the past, there has also been a belief that men and women are basically the same except for the “bikini zone” and most of the time, women’s health is mostly associated with reproduction and fertility (4).
Recent researches have shown that women’s health goes beyond reproduction and fertility. It covers health conditions that affect women disproportionately like how women are 3 times more likely to have mental health problems or migraines than men and on musco-skeletal issues like osteoporosis, this affects more women than men.
There are also health conditions that manifest differently in women than in men. In the case of cardiovascular disease, with previous researches being based largely on male population, the “typical” symptoms being taught are pain the chest and left arm. But for women, with different physiology and risk factors, they may present different symptoms and as such, may then have a risk of misdiagnosis and hence more likely than men to die from heart attacks (2, 16).
Apart from the lack of knowledge on women’s health conditions, there is also a prevalent stigmatization and misunderstanding of female-specific conditions. Things we go through on a monthly basis like menstrual pains or as part of our life stage, menopause, are considered taboo or things women find difficult to talk about.
Women have about 450 menstrual cycles across 35 years of their life and imagine the mental and emotional stress of feeling excluded or not having the access to the right products (5,13). For women between ages 45-55, they may be suffering from menopausal symptoms which may range from hot flushes, irregular periods, low mood and anxiety, depression, poor sleep and these impact their relationships and quality of life. This is true for about 75% of women and yet almost half of the women have not spoken to their doctors and only a quarter obtain treatment (6, 10, 11).
We can see how women are underserved in healthcare. How can we better drive awareness, understanding and how can we better meet the needs of women across their life stages?
The positive news is that there is a rising trend in women’s health and development of products tailored for women. Global women’s health market is projected to grow at CAGR of 4.9% from 2022-2030. In terms of health and beauty supplements for women, it is projected to grow at a CAGR of 5.2% (14).
In summary, we have seen how women while representing 50% of the global population is underserved in healthcare. There is an urgent call to action on how can we better drive awareness and understanding and meet the needs of women across life stages.
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