Women's Health and FemTech Trends

Insight Exchange by L.E.K. Consulting

The Women’s Health space is currently firmly in the spotlight and undergoing deep transformation, spurred by ‘FemTech’ entrants that are innovating on traditional standards of care, through new medical devices, care delivery models, and community-building platforms that are often digitally enabled.

Traditionally, women’s health has been a highly underserved area within healthcare due to endemic issues in healthcare delivery and research – for example, the CDC reported maternal mortality rates in the US continue to increase, particularly among BIPOC women, and late-stage clinical trials were only mandated to include valid analyses by gender as of 2017.

FemTech offerings are directly improving upon traditionally unmet, highly important needs within women’s health including greater care access, better therapeutic efficacy, enhanced information curation, and holistic mental health support. For the first time, services and solutions are being developed to specifically cater to women’s unique needs.

In this episode, both Sheila Shah, Managing Director of L.E.K.’s Consulting office in Chicago, and Candace Nagaraja, Engagement Manager of L.E.K. Consulting’s MedTech practice, profile four FemTech companies and discuss how they are delivering on the unmet needs within women’s health - and how their business models poise them to drive sustained change moving forward. We hope this session helps shine light on some of the really fascinating innovations occurring in the Women’s Health space and others can be further inspired to join us in this cause towards improving female health.

Connect with our experts on LinkedIn:

Sheila Shah https://www.linkedin.com/in/sheilashah/
Candace (Tkac) Nagaraja https://www.linkedin.com/in/candace-nagaraja/

Visit L.E.K. Consulting at https://www.lek.com/