Innovating Menopause Care for Global Impact

by | 2024

The global women’s health market size is expected to reach USD 58.24 billion by 2030, registering a CAGR of 4.8% over the forecast period, according to a new report by Grand View Research, Inc

Recent events, such as the “Open Hearing” held by the Danish parliament, signify a paradigm shift in how we perceive menopause. Why is women’s menopause now a matter of healthcare, research, and politics? What do we know about its symptoms and relief options, and how do they affect social, physical, and mental well-being?

Lasse Gliemann, a key figure in menopause research, highlights the socioeconomic impact of menopause. His insights underscore the urgent need for sustained efforts in research, communication, and education. (Gliemann, L. (2023), Observatory Study on Menopause)

Diverse voices at the hearing, from medical specialists to entrepreneurs, emphasize the need for comprehensive solutions. How can we bridge the gap between medical expertise, technological innovation, and societal support?

The consensus reveals critical gaps: insufficient information and resources, and the absence of supportive policies. How do these gaps impact individuals, communities, and businesses economically?

In corporate corridors, there’s a growing recognition of the need to address menopause-related challenges. While Leaders like Dorthe Snejbjerg Specialist in obstetrics and gynaecology, and Anette Tønnes Pedersen, Specialist in obstetrics and gynaecology, Senior Physician at Rigshospitalet, continue to advocate for inclusive policies and accessible healthcare solutions, we explore questions like – How can businesses integrate menopause support into employee well-being strategies?

KRING INITIATIVE TO TACKLE MENOPAUSE CARE

Discovery

Alongside existing research findings, we embarked on extensive research into menopause, unveiling potential solutions to address the multifaceted challenges women encounter during this transition. Our findings emphasize the necessity for comprehensive and personalized approaches to menopause care, encompassing physical, emotional, and social dimensions. From discerning effective symptom management strategies to exploring innovative therapies and support systems, our research underscores the urgency of reimagining menopause support to better cater to the diverse needs of women worldwide. 

With these insights, we are poised to drive meaningful change in menopause care, empowering women to navigate this transformative stage of life with dignity, comfort, and confidence. Read more here

Innovative technologies have emerged as a transformative force in addressing menopause, including virtual care platforms offering expert medical guidance. These platforms, driven by AI protocols, provide personalized care, bridging the gap between traditional healthcare and modern women’s needs. 

Mapping women’s midlife challenges, such as menopause, involves enhancing sleep quality, addressing weight gain, and boosting self-confidence. Components include data gathering, tailored recommendations, personalized wellness programs, and a supportive community.

Business Opportunity

As discourse on menopause advances, a collaborative approach involving policymakers, healthcare providers, businesses, and technology innovators is crucial. Fostering transparent dialogue, dispelling myths with evidence-based information, and advocating for inclusive policies pave the way for a future where menopause is met with understanding, support, and empowerment.

Women spend more than a third of their lives in peri- or post-menopause, and projections suggest that by 2030, approximately 1.2 billion women globally will be in these life stages. Despite the prevalence of menopausal symptoms such as hot flashes, night sweats, and sleep disturbances, the majority of women do not seek treatment, with only a quarter receiving it. The economic impact is substantial, with untreated hot flashes alone estimated to incur nearly $1,400 in health costs and $770 in lost productivity per person per year (Mckinsey & Company: 24).

There exists significant potential to address these conditions in novel ways, as a range of scientific advances can now be leveraged in women’s health.

There is great potential to begin addressing these conditions in new ways. A suite of scientific advances can now be harnessed in women’s health. 

Let’s work together!

Hence, we are seeking two visionary Co-founders capable of guiding the strategic, operational, and managerial aspects of the Menopause project at KRING. This role involves close collaboration with our team to pioneer innovative products and services tailored to address the diverse symptoms and challenges of menopause. Learn more here 

Are you an Industry Expert or Business interested in exploring partnership opportunities within this opportunity? Read more here.

In summary, effectively addressing the complexities of menopause demands a multifaceted strategy incorporating policy reforms, technological advancements, and societal transformations. Through strategic investments in research, education, and accessible healthcare solutions, we can significantly enhance the quality of life for women navigating menopause, fostering an environment of inclusivity and support across various communities and workplaces.

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