Health Equity

Investors see growth opportunity in Femtech devoted to women’s health

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Investors see growth opportunity in Femtech devoted to women’s health

Investors are thinking about their mothers

In this CNBC article, you'll learn about:

  • White space in women's health

" “Women are a huge portion of the population and control a lot of (health care) spend,” said Clairity CEO Carrie Ivers, adding she was excited to sign on with a company devoted to women’s health. “It’s an underserved area that has a lot of room for expansion.” "

  • How much funding is coming into women's health tech

" Early-stage investors have been among the biggest backers of health tech companies focused on women’s health conditions.  Venture capital funding for so-called Femtech has tripled since 2015 from just over $600 million to nearly $1.9 billion last year, according to Pitchbook data.

Yet, analysts say overall investment in women’s health remains underfunded. Beyond breast cancer, female health conditions garnered just 1% of pharmaceutical research funding in 2020, according to a McKinsey report. Just 2% of medical tech funding was devoted to non-cancer related women’s conditions.  "

  • Why addressing women's health is good for everyone

" Women of child-bearing age incur health expenses that are more than 80% higher than their male counterparts, according to the U.S. Department of Labor. Employers have a vested interest in reducing the health gap for their female employees, because they foot much of the bill. "

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