Investments in digital health have been steadily rising for the last seven years. 6.2 billion dollars were invested in digital health startups in 2015, 44 billion in 2022, according to Startup Health. Startup Health is a US-based organisation supporting digital health innovators across the world and globally spreading optimism about the potential of technology in healthcare. The vision that drives that optimism is the hope that we can bring access to healthcare to everyone in the world, that we can beat cancer and cure diseases such as diabetes or Alzheimer’s. That vision is important because healthcare innovation is not for the faint-hearted and as health indicators show, currently, life expectancy and health are worsening across the world, says co-founder and president of Startup Health Unity Stoakes. The market is maturing, he says, which is also seen in the number of companies that attract investments. The total amount of investments has been increasing for several years, but th number of companies that are invested in, is staying roughly the same – it’s just that some companies are maturing and raising higher amounts of funding. In this discussion you will hear Unity Stoakes talk about his reflection of Startup Health which is already 11 years old, he talked about the global expansion of Startup Health, why we need to think about healthcare innovation less locally, more globally, and also why we still need much more investments in the future.
If you want to go down the memory lane of digital health, you can also tune in to the interview with Unity in 2017: https://podcasts.apple.com/si/podcast/faces-of-digital-health/id1194284040?i=1000380325225