Health Tech Investment Trends: Beyond E-Pharmacy and Diagnostics

Friday, 4 October 2024, 13:45

Health tech investors are looking beyond e-pharmacy and diagnostics as they refocus their efforts. With rising interest in areas like cross-border tech and chronic disease management, investment opportunities are evolving. Notably, innovative startups are attracting substantial funding, reflecting a shift in healthcare technology funding dynamics.
Financialexpress
Health Tech Investment Trends: Beyond E-Pharmacy and Diagnostics

Health Tech Investment Trends

Health tech investors are shifting focus from traditional sectors such as online pharmacy and diagnostics. New investment avenues have emerged, particularly in cross-border tech providers servicing the international healthcare industry and single-specialty healthcare platforms tailored for chronic conditions.

Emerging Investment Opportunities

According to Namit Chugh, Partner at W Health Ventures, a shift towards vertically integrated solutions is critical. These include:

  • Doctor appointments
  • Care plans and coaching
  • D2C products targeted at specific diseases
  • Diagnostic tools for comprehensive care

This comprehensive approach captures the complete lifetime value of patients suffering from chronic illnesses like diabetes and obesity.

Market Impact

Despite a total of $7.6 billion raised by Indian startups in 2023, only $931 million was directed towards health-tech ventures. Recent significant funding milestones include:

  1. Qure.ai
  2. raised $65 million in Series D funding, focusing on AI medical imaging.
  3. Acko acquired chronic care platform OneCare.

This trend indicates that investors are actively exploring avenues in clinical process outsourcing and trials, as well as the potential for administrative services to be managed from India.

W Health Ventures is prepared to capitalize on this opportunity, leveraging its investments in startups such as BeatO, Mylo, and AI-guided mental health platform Wysa.


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This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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