2024-01-17 09:06:19
Inequalities are expensive. Less care for women’s health compared to that of men costs 1,000 billion dollars (920 billion euros) per year, estimated Wednesday, January 17, a report from the World Economic Forum.
If women live longer than men, their quality of life is lower, due to unequal attention given to both sexes by medical research, states this 42-page report to which the Swiss company Ferring Pharmaceuticals (which markets including products for gynecology) and the McKinsey Health Institute.
Closing this gap would boost the global economy by $1 trillion per year by 2040, he adds. The report comes as hundreds of business leaders and dozens of heads of state and government gather this week for the 54th annual conference of the World Economic Forum in the chic Alpine resort of Davos, Switzerland.
Read also | Article reserved for our subscribers In Davos, in 2024, picking up the pieces of a fractured capitalism
According to the report, every US dollar invested in women’s health would yield $3 in growth. This is partly explained by the return of sick women to the job market.
Addressing inequalities linked to endometriosis and menopause – which only affect women and have long been understudied – could contribute $130 billion to global gross domestic product (GDP) by 2040, estimates he.
The study also examined the extent to which treatments and diagnostics benefited men more than women. So asthma inhalers are more effective on men than women, she says.
Women are diagnosed later than men
Previous research showed that women were diagnosed later than men for 700 diseases. “Investing in women’s health must be a priority for every country”said Shyam Bishen, director of the Center for Health and Healthcare at the World Economic Forum.
“In addition to improving women’s quality of life, ensuring women have access to healthcare innovations is one of the best investments countries can make for their societies and economies”he said in a press release.
The World Economic Forum has announced the launch of the Global Alliance for Women’s Health, with so far a pledge to invest $55 million (€50 million).
1705489742
#care #gap #women #men #costs #billion #year #globally