
The Next Frontier of Healthtech Innovation
Description
Summary
Healthtech, encompassing everything from digital therapeutics to artificial intelligence (AI)-driven diagnostics, is reshaping healthcare and becoming a crucial element of healthcare delivery by enhancing accessibility, convenience, and personalization of services. As healthcare costs continue to rise, driven by factors such as aging populations, prevalence of chronic diseases, and increasing costs of treatments, healthtech offers ways to make healthcare more affordable and sustainable.
Healthtech provides an opportunity to make healthcare more patient-centric—a model believed to be a promising way to decrease costs while at the same time improving health-related quality of life. By focusing on individual patient needs through personalized care plans, healthtech empowers patients to take more active role in managing their health, ultimately driving down healthcare costs.
Key Findings of the report include -
Healthtech, encompassing everything from digital therapeutics to artificial intelligence (AI)-driven diagnostics, is reshaping healthcare and becoming a crucial element of healthcare delivery by enhancing accessibility, convenience, and personalization of services. As healthcare costs continue to rise, driven by factors such as aging populations, prevalence of chronic diseases, and increasing costs of treatments, healthtech offers ways to make healthcare more affordable and sustainable.
Healthtech provides an opportunity to make healthcare more patient-centric—a model believed to be a promising way to decrease costs while at the same time improving health-related quality of life. By focusing on individual patient needs through personalized care plans, healthtech empowers patients to take more active role in managing their health, ultimately driving down healthcare costs.
Key Findings of the report include -
- South Korea’s drug development is growing, focusing on early R&D and CGTs.
- South Korea is advancing therapies like ADCs, mRNA, and CAR-T.
- The rise in drug approvals in recent years highlights South Korea’s strong regulatory support.
- South Korea’s pharma deals have slowed in recent years, but strategic alliances remain key.
- Phase I clinical trials have become the focus in South Korea, representing the largest category.
- GlobalData’s Healthtech report provides in-house analyst expertise on the impact of the five broad innovation categories (personalized and precision medicine, virtual care (telemedicine), artificial intelligence, robotics and virtual/augmented reality) and highlights big players in key healthcare technology categories.
- Components of the report include -
- Trends in Healthtech — identify key trends expected to occur in the global healthcare sector over the next two years.
- Industry Analysis — identify the impact of innovations across major markets.
- Value Chain - identify the five primary ways in which technology is changing the delivery of healthcare: prevention, diagnosis, treatment, monitoring, and recording.
- Develop and design your corporate strategies through an in-house expert analysis of the five broad innovation categories expected to impact the healthcare industry.
- Develop business strategies by understanding the primary ways in which technology is changing the delivery of healthcare.
- Stay up to date on the industry’s major players in healthtech and where they sit in the value chain.
- Identify emerging industry trends in in the global healthcare sector to gain a competitive advantage.
Table of Contents
77 Pages
- Executive Summary
- Players
- Innovation Briefing
- The impact of healthtech innovations on the value chain
- Prevention
- Diagnosis
- Treatment
- Monitoring
- Patient engagement
- Trends
- Healthcare trends
- Technology trends
- Macroeconomic trends
- Regulatory trends
- Industry Analysis
- Use Cases of Healthtech
- Versius surgical system: advancing precision and innovation in robotic surgery
- In clinical trials, the role of telemedicine surged during COVID-19 and still remains prominent
- Empowered patients are contributing towards increased use of healthtech
- AI use in clinical practice – physicians’ perspective
- Timeline
- Signals
- M&A trends
- Venture financing trends
- Strategic partnership trends
- Hiring trends
- Social media trends
- Value Chain
- Companies
- Public companies
- Private companies
- Sector Scorecards
- Pharmaceutical sector scorecards
- Who’s who
- Thematic screen for drug development
- Thematic screen for clinical trials
- Thematic screen for drug manufacturing
- Valuation screen
- Risk screen
- Abbreviations
- Further Reading
- GlobalData reports
- Our Thematic Research Methodology
- About GlobalData
- Contact Us
- List of Tables
- Table 1: Healthcare trends
- Table 2: Technology trends
- Table 3: Macroeconomic trends
- Table 4: Regulatory trends
- Table 5: The key M&A transactions associated with the artificial intelligence theme since January 2024
- Table 6: The key M&A transactions associated with the personalized and precision medicine theme since January 2024
- Table 7: The key M&A transactions associated with the virtual care theme since January 2024
- Table 8: The key M&A transactions associated with the VR/AR theme since January 2024
- Table 9: The key M&A transactions associated with the robotics theme since January 2024
- Table 10: Key venture financing deals associated with the artificial intelligence theme
- Table 11: The key venture financing deals associated with the personalized and precision medicine theme since January 2024
- Table 12: The key venture financing deals associated with the virtual care theme since January 2024
- Table 13: The key venture financing deals associated with the VR/AR theme since January 2024
- Table 14: The key venture financing deals associated with the robotics theme since January 2024
- Table 15: The key strategic partnerships associated with the artificial intelligence theme since January 2024
- Table 16: The key strategic partnerships associated with the personalized and precision medicine theme since January 2024
- Table 17: The Key strategic partnerships associated with the virtual care theme since January 2024
- Table 18: The key strategic partnership associated with the robotics theme since January 2024
- Table 19: Public companies
- Table 20: Private companies
- Table 21: Abbreviations
- Table 22: GlobalData reports
- List of Figures
- Figure 1: Trends in global health and healthcare
- Figure 2: Players in the healthtech theme
- Figure 3: Integration of healthtech enhances the healthcare value chain
- Figure 4: Current health expenditure in current PPP per capita in $ (Canada, Mexico, US, France, Germany, Italy, Spain, UK, Australia, Japan, and South Korea)
- Figure 5: The growth of the AI healthcare market between 2024–28 (Canada, Mexico, US, France, Germany, Italy, Spain, UK, Australia, Japan, and South Korea combined)
- Figure 6: Patients’ view on AI use in healthcare (Patients’ agreement level that using AI in healthcare could improve patient care)
- Figure 7: Telemedicine use in clinical trials
- Figure 8: HCPs’ views on virtual care role on patient empowerment
- Figure 9: Trends influencing patient empowerment
- Figure 10: Physician comfort level with using AI
- Figure 11: The healthtech story
- Figure 12: Healthtech M&A deals
- Figure 13: Healthtech venture financing trends
- Figure 14: Healthtech strategic partnership trends
- Figure 15: Healthtech hiring trends
- Figure 16: Healthtech social media trends
- Figure 17: The personalized and precision medicine value chain
- Figure 18: The telemedicine value chain
- Figure 19: The artificial intelligence value chain
- Figure 20: Robotics value chain
- Figure 21: The virtual reality value chain
- Figure 22: The augmented reality value chain
- Figure 23: Who does what in the pharmaceutical sector?
- Figure 24: Thematic screen for drug development
- Figure 25: Thematic screen for clinical trials
- Figure 26: Thematic screen for drug manufacturing
- Figure 27: Valuation screen
- Figure 28: Risk screen
- Figure 29: Our five-step approach for generating a sector scorecard
Search Inside Report
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.