Womens Health Investment Outlook 2026

Women’s Health Investment Index: women’s health investment by therapeutic area, compared to health investment overallFIGURE 3 Source: Pitchbook, CapIQ, Crunchbase, IHME data (2023), Boston Consulting Group Note: 1. Generic women’ s health therapeutic ar ea (T A) includes companies active in women’ s health in br oad or multi-vertical ways, rather than in a narrowly defined T A (e.g. women’ s health supplement companies, digital health platforms for general women’ s health); 2. PCOS = polycystic ovary syndr ome, MSK = musculoskeletal; 3. Only 1,872 funding events disclosed dollar value raised; 4. Includes non-equity assistance, grants and debt; 5. ~1 billion menopausal individuals by 2025 (Mayo Clinic); 6. Disability-adjusted life years (DAL Ys), IHME Data (2023)Funding event type: Private investment Minority stake Public of fering Merger/acquisition Private investment stage: Pre-seed/seed Early LaterPrevalence (M)6DALYs (M)6 Private investment stage Funding event type Total capital raised ($B) Number of events (#) Total WHWH-specificTotal WHAll healthWH- specificTotal WHAll health – – – – – ––––––––– –– – –109,6 09 4,678 1,811 7418830131919143109 89 3,7274,2034,1821,0782142,4822,870WH- specificTotal WH – – – – – – All health – – 23 1,497 3,3323 Total women’s health (WH) 8 228 1,203 Women’s cancers 8 619 906 Reproductive health 4 343 572 Maternal health 1 86 280Generic women’s health1 0.1 127 156 Mental health 0.6 45 82 Endometriosis 0.1 27 39 PCOS2 0.01 4 24 Infectious diseases <0.01 2 15 Endocrine disorders <0.01 6 12 Urological disorders <0.01 3 11 Menstrual health <0.01 3 11 Cardiovascular disorders <0.01 3 8 Metabolic disorders <0.01 1 6 Menopausal health <0.01 Other4 Not disclosedNot applicable Not applicable – 4 Neurological disorders <0.01 <0.01 –– –– – 3 MSK2 and pain disorders46.8 12.4 15.6 92.6 1.9 202.5 8.6 22.0 8.2 188.4 82.8 5.9 71.4 100.40.7175 127 22 9 11 1.7 0.1 0.4 2.2 0.031.4 0.01 <0.01 1.0 0.010.1Funding overview , past five years Burden (global, 2023) 32 955 661 21 68 2,707 314 434 980 344 2,668 1,0005 1,848 1,24311WH-specific Women’s Health Investment Outlook 12