Foreword Gender equality has advanced, yet the gap between health outcomes for men and women remains substantial. Limited investment – alongside disparities in research design, clinical data and access to care – continues to entrench this divide. The result is not only a public-health shortfall but a market inefficiency on a historic scale. The macroeconomic case for women’s health is increasingly clear. Targeted investment can strengthen productivity, resilience and long-term growth. The returns are embedded in the core drivers of economic performance: when women’s health improves, labour participation rises, productivity expands and systematic market risks may decline. Momentum is building. Across sectors and asset classes, investors are increasingly recognizing that women’s health is no longer a niche segment but an undercapitalized growth frontier. Regulatory and policy catalysts, together with demographic shifts and consumer demand, are aligning to de-risk innovation and attract capital. New ventures are redefining healthcare technology, data science and preventive care. The investment case is both empirical and compelling: women drive most healthcare decisions globally and are central to household, community and macroeconomic stability. A healthier population underpins a stronger and more resilient economy. Achieving equity requires coordinated investment in research that centres on women’s health; in sex- and gender-disaggregated data; in equitable access to care; and in financing models that reward long- term value creation. This report provides an outlook on the women’s health market – its scale, momentum, barriers and opportunities – and examines how capital, policy and innovation are beginning to reshape its trajectory.Trish Stroman Managing Director and Senior Partner, Boston Consulting GroupShyam Bishen Head, Centre for Health and Healthcare; Member of the Executive Committee, World Economic Forum Women’s Health Investment Outlook: 6% of Funding for Nearly 50% of the Population – Not Just a Gap, but Untapped White SpaceJanuary 2026 Women’s Health Investment Outlook 3

Womens Health Investment Outlook 2026