Yes you are right and I think it should be obvious by now that women distance running in particular isn't just experiencing the same boom as on the mens side just because of footwear, pacing lights and training/race philosophy, it's also going through a massive period of catch-up and correction which is making this all seem more dramatic than it really is.
The depth on the womens side has never been the same as on the mens side for one. Ever. And depth is created by your top end performers pulling every level up from below them, and then those lower levels keeping the pressure on the top to constantly improve. The women just never seemed to break through that threshold - we always had the top performers, but never those talent heavy up-and-coming levels like the men had since the 90's in particular.
That was reflected in even small things like pacing. Depth on the mens side meant that even the pacers were world class in their own rights and knew how to race and what the athletes needed. I'll give a good example of that. Look at the mens 8 and 15 in the late 90's, the era of El G and Kipketer. Kipketer had guys like Tengelei (1.43.5) and David Kiptoo (1.43.38 and Olympic finalist) pacing him. These were guys that had the ability to get to 600m exactly the way a guy like Kipketer wanted. El G had guys like Noah Nygeny and William Tanui pacing him (both Olympic champions!) and even a guy like David Lelei who was a sub 1.44/sub 3.32 runner in his own right. These guys could pull him through 1200m at WR paces at pretty even paces considering no wavelight. Think back to the women in the same era (Mutola, Szabo etc) and even as recently as the 2010's - the pacing was abysmal compared to the mens. When Dibaba ran 3.50.07 she had Chanelle Price pacing her who was an out and out 800m runner that took her through in 60.31 and then 2.04.52 and ran 830m before dropping off. As the depth on the womens side increases, you now see an athlete like Huerta-Klecker (a high talent 800/1500 runner herself) pacing. And once she's out of the race the pacing never stops because wavelight is right there. These factors have had a much bigger impact on the womens side then on the mens side.
I said this in another thread re Hodgkinson - shes the first womans 800m runner I have EVER seen that runs the break to pole correctly (a simple straight line) - the shortest distance, which means a lot when you are trying to run your absolute best - even if it's a meter. It also means she runs clean in that first 200 not needing to chop her pace at any point to slot into a pack. These small things matter and she's the only one who does them. Watch her execute an 800m vs Athing Mu - it's ridiculous the difference.
Just a lot of catch-up happening which we need to put into perspective.