Women in Perimenopause and Menopause Represent $350 Billion in Unmet Longevity Market Demand
Women experiencing perimenopause or menopause show high engagement in the longevity market, yet they express dissatisfaction with available products. A new survey found these women would collectively spend an additional $350 billion if more suitable options existed. This demographic already outspends other age groups in this sector.
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Why it matters locally: The findings of this report on the substantial unmet demand in the longevity market among women in perimenopause and menopause have implications for healthcare providers, employers, and policymakers in the District of Columbia, who may consider how to better support this significant demographic.
A new report from Boston Consulting Group (BCG) identified a potential $350 billion in unmet demand within the longevity market from women experiencing perimenopause and menopause. The firm's survey, which included 10,600 individuals, found these women are highly engaged consumers in the longevity sector. Despite their engagement, women in perimenopause and menopause reported among the lowest satisfaction levels with existing longevity products and services. The survey indicated that one-third of these women would increase their spending if they found offerings that better addressed their needs. This demographic currently spends more on longevity-related products and services than any other age group. The report highlighted a disparity between the significant interest from this consumer group and the availability of satisfactory market solutions.Related Topics
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