Is there an equivalent for women? Besides the feeling, do we have a name for it? Because…well damn.
Orange ovaries?
Violet vulva?
Crimson Clit?
Fuchsia Fallopian?
Throbbing lavender labia?
Blue Bartholin’s glands? 
Saramamalana, let me be the first to say…
How you doin’?
After reading this thread; I think this is the closest I’ve ever come to being gay.
Women induce blue balls, they don’t get 'em.
falls off chair laughing, hits head on nearby flatbed scanner 
The Great Master himself did an article on nymphomania, by the way, if you’re actually looking for a serious answer…
Oh look, the Band Name generator just exploded.
I was thinking more like superhero names. The Adventures of the Violet Vulva.
Like that old joke, Women don’t get Blue balls, they get laid.
This one gets my vote!!!
Okay, assuming a serious answer is wanted, I have sometimes experienced a feeling of pressure (not quite pain) in the pelvis and tailbone area when subjected to the same kind of scenario that would give a man “blue balls”. Mind you, this might be just me…
nope. not just you. 
I suggest lengthly scientific experimentation to find out.
Oh good, I’m not a freak 
Now back to your regularly scheduled band name generator! Violet Vulvas!!
and how large of a sample group would you suggest ?