Insight Exchange by L.E.K. Consulting · 2022-10-24 · 23 min
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.
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