[{"data":1,"prerenderedAt":444},["ShallowReactive",2],{"slug-withings-scanwatch-review":3},{"post":4,"relatedPosts":186,"relatedBooks":347},{"id":5,"date":6,"date_gmt":7,"guid":8,"modified":10,"modified_gmt":11,"slug":12,"status":13,"type":14,"link":15,"title":16,"content":18,"excerpt":21,"author":23,"featured_media":24,"comment_status":25,"ping_status":25,"sticky":26,"template":27,"format":28,"meta":29,"categories":30,"tags":34,"project_category":49,"contact_email_category":53,"yst_prominent_words":54,"class_list":61,"better_featured_image":88,"acf":123,"yoast_meta":132,"_links":134},31463,"2020-12-08T10:00:00","2020-12-08T09:00:00",{"rendered":9},"https:\u002F\u002Fmedicalfuturist.com\u002F?post_id=31463&#038;_wpnonce=f8ee3b1e63&#038;status=auto-draft&#038;type=post","2020-12-08T10:11:32","2020-12-08T09:11:32","withings-scanwatch-review","publish","post","https:\u002F\u002Fmedicalfuturist.com\u002Fwithings-scanwatch-review",{"rendered":17},"The Beginning Of A Beautiful Friendship – The Withings ScanWatch Review",{"rendered":19,"protected":20},"\n\u003Cp>By now, I’ve been using fitness trackers for over a decade. With such a device strapped around my wrist day and night, I consider it an extension of my body; it’s essentially an organ to me. Since 2009, my go-to brand for such trackers has been Fitbit. I’ve had about 10 Fitbit trackers and always praised how it was the first device to include a smart sleep alarm; or \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedicalfuturist.com\u002Fthe-smart-sleep-alarm-is-the-holy-grail-of-health-tracking\u002F\" target=\"_blank\">the Holy Grail of health tracking\u003C\u002Fa>. As such, I was continuously spreading the word and many bought Fitbit products because of that. But recently, I\u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fwww.linkedin.com\u002Fposts\u002Fbertalanmesko_fitbit-just-lost-one-of-their-most-enthusiastic-activity-6729074035424071680-Cuj0\u002F\" target=\"_blank\"> fell out with Fitbit\u003C\u002Fa>.\u003C\u002Fp>\n\n\n\n\u003Cp>Excited about their new \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fwww.fitbit.com\u002Fglobal\u002Fus\u002Fproducts\u002Fsmartwatches\u002Fsense\" target=\"_blank\">Fitbit Sense\u003C\u002Fa> and its new health features such as stress management, ECG and SpO2 monitoring, I jumped on the hype train and placed an order in August. Fast-forward 2 months later and&#8230; I still haven&#8217;t received my unit. After going back-and-forth with their customer support for some 4 hours, they confirmed that they had lost my order. They offered me free shipping if I placed the order again, but that would cost around 30% more. Even though it’s clearly unfair to me, they didn’t seem to care or willing to do anything. The careless approach was accentuated by the fact that their customer support kept sending me pre-written messages, full of grammatical errors which felt like talking to a bot. It’s simply the worst experience I’ve had \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedicalfuturist.com\u002Fgoogles-acquisition-of-fitbit-boon-or-doom-for-the-fitness-tracking-industry\u002F\" target=\"_blank\">since Google acquired Fitbit\u003C\u002Fa>. This was the last straw and I took the decision to not buy any more products from them.\u003C\u002Fp>\n\n\n\n\u003Cp>So I \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fwww.linkedin.com\u002Fposts\u002Fbertalanmesko_fitbit-just-lost-one-of-their-most-enthusiastic-activity-6729074035424071680-Cuj0\u002F\" target=\"_blank\">turned to our online community\u003C\u002Fa>, asking for suggestions regarding a recommended health tracker. My must-have features were a smart sleep alarm, good battery life and standard health tracking features such as fitness and heart rate. Among the most recommended ones were the \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fouraring.com\u002F\" target=\"_blank\">Oura ring\u003C\u002Fa>, but I wouldn&#8217;t like to wear a big ring all the time. Then there were Garmin watches, but these focus on fitness and sports while I want more health features. Finally, there was the \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fwww.withings.com\u002Fde\u002Fen\u002Fscanwatch\" target=\"_blank\">Withings ScanWatch\u003C\u002Fa>. With an ECG monitoring feature and yes, a smart sleep alarm, I was sold on giving it a try. I&#8217;ve used it for around 3 weeks and I decided to share my experience with my new digital organ in this article.\u003C\u002Fp>\n\n\n\n\u003Cdiv class=\"wp-block-image\">\u003Cfigure class=\"aligncenter size-large\">\u003Cimg loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"1024\" src=\"https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2020\u002F12\u002FIMG-2063-768x1024.jpg\" alt=\"\" class=\"wp-image-31465\" srcset=\"https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2020\u002F12\u002FIMG-2063-768x1024.jpg 768w, https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2020\u002F12\u002FIMG-2063-1152x1536.jpg 1152w, https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2020\u002F12\u002FIMG-2063-1536x2048.jpg 1536w, https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2020\u002F12\u002FIMG-2063-scaled.jpg 810w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \u002F>\u003C\u002Ffigure>\u003C\u002Fdiv>\n\n\n\n\u003Ch2 class=\"wp-block-heading\">\u003Cstrong>A smarter watch\u003C\u002Fstrong>\u003C\u002Fh2>\n\n\n\n\u003Cp>The first thing that’s noticeable about the ScanWatch is that it looks like a classic, analogue watch. That’s because it partly is. More specifically, it’s something of a hybrid between classic and digital watches. The analogue arms are there, ticking 24\u002F7 to indicate time, while a digital screen that’s only 13mm in diameter displays notifications and health data. I haven’t worn an analogue watch for years and the ScanWatch’s sleek, hybrid design was an instant favourite.\u003C\u002Fp>\n\n\n\n\u003Cp>This hybrid aspect also helps with ScanWatch’s phenomenal battery life. Withings claims that the device can last up to 30 days with a single charge; and it’s no marketing stunt! It will be weeks before I have to charge it. But, of course, this depends on usage. For example, if I ran with it every day and turned the GPS tracking on, I assume it would last “only” around a week or more. Even that’s impressive compared to the single day or even less of battery life of other major smartwatches.\u003C\u002Fp>\n\n\n\n\u003Cdiv class=\"wp-block-image\">\u003Cfigure class=\"aligncenter size-large\">\u003Cimg loading=\"lazy\" decoding=\"async\" width=\"533\" height=\"714\" src=\"https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2020\u002F12\u002Fwithings-scanwatch.jpg\" alt=\"\" class=\"wp-image-31469\"\u002F>\u003C\u002Ffigure>\u003C\u002Fdiv>\n\n\n\n\u003Cp>However, being a hybrid watch is also a double-edged sword, especially for someone coming from a full-screen smartwatch like me. The small digital screen is really challenging to use compared to the full digital screen of the \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedicalfuturist.com\u002Ffitbit-ionic-review-bromance-pebble-smartwatch\u002F\" target=\"_blank\">Fitbit Ionic\u003C\u002Fa>. You can’t get as many features and control with the ScanWatch itself as with the Ionic. Nevertheless, I still get the data that I&#8217;m looking for, with more detailed readings available via the companion app.\u003C\u002Fp>\n\n\n\n\u003Cp>To scroll through the small 13mm display, I have to use the digital crown rather than touch the screen. This can get tricky at times and while it’s not really an issue, it requires an adjustment period if you aren’t used to such controls. I would definitely appreciate a second button for easier controls.\u003C\u002Fp>\n\n\n\n\u003Cp>I also had to re-adjust to its weight as its sapphire glass that prevents scratches adds some heft to the device, making it heavier than my previous Fitbit.\u003C\u002Fp>\n\n\n\n\u003Ch2 class=\"wp-block-heading\">\u003Cstrong>The digital health side of things\u003C\u002Fstrong>\u003C\u002Fh2>\n\n\n\n\u003Cp>Despite having to readjust to the ScanWatch by virtue of its design, I felt quite satisfied with its digital health features. The usual gamut you’d expect out of a smartwatch like step counts, GPS tracking and heart rate monitor are all there. What’s interesting about its activity tracking is that the ScanWatch boasts an “automatic activity detection” feature. This allows the device to automatically recognize an activity and log it in the Health Mate app. Swim, bike or run; the ScanWatch will track them without the need to manually press a button to do so.\u003C\u002Fp>\n\n\n\n\u003Cp>Then there are the more advanced health monitoring features which are nevertheless child’s play to measure. Take ECG recordings for one;&nbsp; I just have to touch the watch with my other hand for a 30-second measurement with the device’s three electrodes (placing the finger on the ring closes the loop, allowing for measurements); and results appear in the app. It thereby shows whether my heart follows a normal pattern or whether there are signs of atrial fibrillation (AFib); an abnormal heart rhythm that predisposes to stroke risk. Although the ScanWatch uses a one-lead electrocardiogram and it isn’t FDA-approved, Withings notes that they \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fwww.withings.com\u002Fde\u002Fen\u002Fscanwatch\" target=\"_blank\">collaborated with clinics\u003C\u002Fa> like the Hopital Georges Pompidou in France to validate ECG measurements and AFib detection.\u003C\u002Fp>\n\n\n\n\u003Cfigure class=\"wp-block-video aligncenter\">\u003Cvideo height=\"1080\" style=\"aspect-ratio: 1920 \u002F 1080;\" width=\"1920\" controls src=\"https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2020\u002F12\u002FTMF_WITHINGS_ECG-1.mp4\">\u003C\u002Fvideo>\u003C\u002Ffigure>\n\n\n\n\u003Cp>The ScanWatch’s pulse oximetry measurements were also \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fclinicaltrials.gov\u002Fct2\u002Fshow\u002FNCT04380389\" target=\"_blank\">validated by the UCSF Hypoxia Research Laboratory\u003C\u002Fa> and these measurements also seamlessly help in sleep tracking. The watch wakes you up if your SpO2 level falls due to snoring for example; or it can even indicate more serious cases of hypoxia.\u003C\u002Fp>\n\n\n\n\u003Cp>Regarding sleep monitoring, the ScanWatch does it with outstanding precision. I&#8217;ve tested sleep trackers for many years, and I know what data I want to see based on my sleep experience. The ScanWatch offers it all and precisely: my light and deep sleep cycles, the time I spent awake and any interruptions I might have experienced. As mentioned, it features my personal must-have Smart Wake-up feature. By tracking my sleep and detecting my sleep stage, it lightly vibrates at the optimal time for a fresh wake up. Importantly, I finally have a smartwatch with a built-in smart sleep alarm that doesn&#8217;t kill its battery life by the morning.\u003C\u002Fp>\n\n\n\n\u003Ch2 class=\"wp-block-heading\">\u003Cstrong>And some more health insights!\u003C\u002Fstrong>\u003C\u002Fh2>\n\n\n\n\u003Cp>I was positively surprised to discover additional features with the Withings ScanWatch that weren’t present in my previous Fitbit trackers. Prominently, the companion Withings Health Mate app provides health and sleep reports regularly for free. From it, I can view my latest measurement view trends, gain insights into my workout performance and get some extra motivation with its gamified badges feature. I can further share my reports to my physician if I want to. In comparison, I had to pay an additional fee when using a Fitbit device to obtain such reports. For the €280 that the Withings ScanWatch costs, I’d say it offers good value for money.\u003C\u002Fp>\n\n\n\n\u003Cp>I also noted that the ScanWatch counts much fewer steps (in the thousands!) with the same activity than my Fitbit did. For example, when I’m recording a video in the studio, I’m gesticulating a lot but barely moving. My Fitbit would register my hand movements as steps and give an inaccurate result. But this is not the case with the ScanWatch and I get similar stories from people switching from Fitbit to Garmin or to another tracker. Experts have \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fwww.digitaltrends.com\u002Fwearables\u002Fhow-accurate-are-fitness-trackers\u002F\" target=\"_blank\">pointed out inaccuracies\u003C\u002Fa> in fitness trackers in step counts in the past.\u003C\u002Fp>\n\n\n\n\u003Cp>As such, a more accurate device goes a long way in helping one monitor their health metrics and achieve their fitness goal. I think I’ve found such a device with the Withings ScanWatch with which I’m beginning a beautiful friendship.\u003C\u002Fp>\n\n\n\n\u003Cdiv class=\"wp-block-image\">\u003Cfigure class=\"aligncenter size-large\">\u003Cimg loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"768\" src=\"https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2020\u002F12\u002Fwithings-scanwatch-pros-cons-Copy-768x768.png\" alt=\"\" class=\"wp-image-31475\" srcset=\"https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2020\u002F12\u002Fwithings-scanwatch-pros-cons-Copy-768x768.png 768w, https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2020\u002F12\u002Fwithings-scanwatch-pros-cons-Copy-150x150.png 150w, https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2020\u002F12\u002Fwithings-scanwatch-pros-cons-Copy-1536x1536.png 1536w, https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2020\u002F12\u002Fwithings-scanwatch-pros-cons-Copy-2048x2048.png 2048w, https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2020\u002F12\u002Fwithings-scanwatch-pros-cons-Copy.png 1080w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \u002F>\u003C\u002Ffigure>\u003C\u002Fdiv>\n",false,{"rendered":22,"protected":20},"\u003Cp>What I need in a smartwatch? Smart sleep alarm, good battery life and standard health tracking features. The ScanWatch has that – and more.\u003C\u002Fp>\n",16,31481,"closed",true,"","standard",{"_acf_changed":20,"footnotes":27},[31,32,33],491,496,497,[35,36,37,38,39,40,41,42,43,44,45,46,47,48],6395,624,649,683,6275,880,6331,6385,6387,224,6389,407,6391,6393,[50,51,52],947,948,951,[],[55,56,57,58,59,60],3293,3327,3833,4791,1571,2765,[62,14,63,64,65,66,67,68,69,70,71,72,73,74,75,76,77,78,79,80,81,82,83,84,85,86,87],"post-31463","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-empowered-patients","category-health-sensors-trackers","category-portable-diagnostics","tag-smart-sleep-alarm","tag-health-trackers","tag-fitbit","tag-heart-rate","tag-afib","tag-tracking","tag-oura","tag-fitbit-sense","tag-scanwatch","tag-ecg","tag-withings","tag-smartwatch","tag-gps","tag-pulse-oximetry","project_category-company","project_category-developers","project_category-patients",{"id":24,"alt_text":89,"caption":90,"description":91,"media_type":92,"media_details":93,"post":121,"source_url":122},"Withings ScanWatch review","Withings ScanWatch, the beginning of a beautiful friendship","What I need in a smartwatch? Smart sleep alarm, good battery life and standard health tracking features. The ScanWatch has that – and more.","image",{"width":94,"height":95,"file":96,"sizes":97,"image_meta":119},1920,1080,"2020\u002F12\u002F226_tmf-01.png",{"medium":98,"large":104,"thumbnail":109,"medium_large":113,"1536x1536":114},{"file":99,"width":100,"height":101,"mime-type":102,"source_url":103},"226_tmf-01-370x208.png","370","208","image\u002Fpng","https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2020\u002F12\u002F226_tmf-01-370x208.png",{"file":105,"width":106,"height":107,"mime-type":102,"source_url":108},"226_tmf-01-768x432.png","768","432","https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2020\u002F12\u002F226_tmf-01-768x432.png",{"file":110,"width":111,"height":111,"mime-type":102,"source_url":112},"226_tmf-01-150x150.png","150","https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2020\u002F12\u002F226_tmf-01-150x150.png",{"file":105,"width":106,"height":107,"mime-type":102,"source_url":108},{"file":115,"width":116,"height":117,"mime-type":102,"source_url":118},"226_tmf-01-1536x864.png","1536","864","https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2020\u002F12\u002F226_tmf-01-1536x864.png",{"aperture":120,"credit":27,"camera":27,"caption":27,"created_timestamp":120,"copyright":27,"focal_length":120,"iso":120,"shutter_speed":120,"title":27,"orientation":120},"0",null,"https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2020\u002F12\u002F226_tmf-01.png",{"cta_type":124,"cta_color":27,"subtitle":27,"related_books":125,"related_posts_footer":128,"related_posts":20},"subscribe",[126,127],31417,30419,[129,130,131],31037,31205,31317,{"yoast_wpseo_title":133,"yoast_wpseo_metadesc":91,"yoast_wpseo_canonical":15},"The Beginning Of A Beautiful Friendship – The Withings ScanWatch Review - The Medical Futurist",{"self":135,"collection":141,"about":144,"author":147,"replies":150,"version-history":153,"predecessor-version":156,"wp:featuredmedia":160,"wp:attachment":163,"wp:term":166,"curies":182},[136],{"href":137,"targetHints":138},"https:\u002F\u002Fapi.medicalfuturist.com\u002Fwp-json\u002Fwp\u002Fv2\u002Fposts\u002F31463",{"allow":139},[140],"GET",[142],{"href":143},"https:\u002F\u002Fapi.medicalfuturist.com\u002Fwp-json\u002Fwp\u002Fv2\u002Fposts",[145],{"href":146},"https:\u002F\u002Fapi.medicalfuturist.com\u002Fwp-json\u002Fwp\u002Fv2\u002Ftypes\u002Fpost",[148],{"embeddable":26,"href":149},"https:\u002F\u002Fapi.medicalfuturist.com\u002Fwp-json\u002Fwp\u002Fv2\u002Fusers\u002F16",[151],{"embeddable":26,"href":152},"https:\u002F\u002Fapi.medicalfuturist.com\u002Fwp-json\u002Fwp\u002Fv2\u002Fcomments?post=31463",[154],{"count":23,"href":155},"https:\u002F\u002Fapi.medicalfuturist.com\u002Fwp-json\u002Fwp\u002Fv2\u002Fposts\u002F31463\u002Frevisions",[157],{"id":158,"href":159},31571,"https:\u002F\u002Fapi.medicalfuturist.com\u002Fwp-json\u002Fwp\u002Fv2\u002Fposts\u002F31463\u002Frevisions\u002F31571",[161],{"embeddable":26,"href":162},"https:\u002F\u002Fapi.medicalfuturist.com\u002Fwp-json\u002Fwp\u002Fv2\u002Fmedia\u002F31481",[164],{"href":165},"https:\u002F\u002Fapi.medicalfuturist.com\u002Fwp-json\u002Fwp\u002Fv2\u002Fmedia?parent=31463",[167,170,173,176,179],{"taxonomy":168,"embeddable":26,"href":169},"category","https:\u002F\u002Fapi.medicalfuturist.com\u002Fwp-json\u002Fwp\u002Fv2\u002Fcategories?post=31463",{"taxonomy":171,"embeddable":26,"href":172},"post_tag","https:\u002F\u002Fapi.medicalfuturist.com\u002Fwp-json\u002Fwp\u002Fv2\u002Ftags?post=31463",{"taxonomy":174,"embeddable":26,"href":175},"project_category","https:\u002F\u002Fapi.medicalfuturist.com\u002Fwp-json\u002Fwp\u002Fv2\u002Fproject_category?post=31463",{"taxonomy":177,"embeddable":26,"href":178},"contact_email_category","https:\u002F\u002Fapi.medicalfuturist.com\u002Fwp-json\u002Fwp\u002Fv2\u002Fcontact_email_category?post=31463",{"taxonomy":180,"embeddable":26,"href":181},"yst_prominent_words","https:\u002F\u002Fapi.medicalfuturist.com\u002Fwp-json\u002Fwp\u002Fv2\u002Fyst_prominent_words?post=31463",[183],{"name":184,"href":185,"templated":26},"wp","https:\u002F\u002Fapi.w.org\u002F{rel}",[187],{"id":131,"date":188,"date_gmt":189,"guid":190,"modified":192,"modified_gmt":193,"slug":194,"status":13,"type":14,"link":195,"title":196,"content":198,"excerpt":200,"author":23,"featured_media":202,"comment_status":25,"ping_status":25,"sticky":26,"template":27,"format":28,"meta":203,"categories":204,"tags":207,"project_category":227,"contact_email_category":230,"yst_prominent_words":231,"class_list":238,"better_featured_image":263,"acf":295,"yoast_meta":302,"_links":305},"2023-12-19T10:00:00","2023-12-19T09:00:00",{"rendered":191},"https:\u002F\u002Fmedicalfuturist.com\u002F?post_id=31317&#038;_wpnonce=666a88e38b&#038;status=auto-draft&#038;type=post","2023-12-20T09:57:29","2023-12-20T08:57:29","5-things-we-learnt-about-investments-in-digital-health-new-e-book","https:\u002F\u002Fmedicalfuturist.com\u002F5-things-we-learnt-about-investments-in-digital-health-new-e-book",{"rendered":197},"5 Things We Learnt About Investments In Digital Health: Our E-book",{"rendered":199,"protected":20},"\n\u003Cp>At \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedicalfuturist.com\u002F\" target=\"_blank\">The Medical Futurist\u003C\u002Fa> (TMF), and especially at \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Ftmfinstitute.org\u002F\" target=\"_blank\">The Medical Futurist Institute\u003C\u002Fa>, we don&#8217;t usually deal with investment-related news and announcements. We receive many press releases coming from incubators and venture capital firms each week, but we never share them on our channels. Even though we focus on technologies and trends rather than companies of interest to investors, this doesn’t mean that we don’t keep a close eye on all these developments.&nbsp;\u003C\u002Fp>\n\n\n\n\u003Cp>We are in close contact with many digital health startup founders, analyze the technologies they work on and objectively share news relevant to investors. Above all, The Medical Futurist team is a \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedicalfuturist.com\u002Fwhat-we-believe-in-the-medical-futurist-mission-statement\u002F\" target=\"_blank\">fierce advocate\u003C\u002Fa> for proper digital health adoption; and for that, we need good investments in good digital health companies. This will help shape an optimistic healthcare landscape that can \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedicalfuturist.com\u002Fhow-digital-health-technology-can-help-manage-the-coronavirus-outbreak\u002F\" target=\"_blank\">better deal with crises like COVID-19\u003C\u002Fa> and form a future better fit to solve the major problems.\u003C\u002Fp>\n\n\n\n\u003Cp>The rise in investments during and after the pandemic made us realize that it&#8217;s high time to address this topic again. As such, we set out to update our e-book titled “\u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fleanpub.com\u002Fdigital-health-investments\" target=\"_blank\">The Medical Futurist&#8217;s Guide To Investing In Digital Health\u003C\u002Fa>.\u003Cmark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-red-color\">&#8220;\u003C\u002Fmark> This guide is aimed to serve as an executive summary for those interested in investing in digital health. In it we discuss reasons to invest in this industry; analyse 24 technological trends we consider the most promising; take a closer look at famous and notorious examples of companies that succeeded brilliantly or failed tragically in the industry; and the lessons investors can learn from them.&nbsp;\u003C\u002Fp>\n\n\n\u003Cdiv class=\"ebook-block-spacer\">\u003C\u002Fdiv>\n\u003Cdiv class=\"ebook-block-backdrop backdrop-blur\" id=\"modal-backdrop-ebook-block_fc17b1f3e6482cc5bb1bec9ddffaa7f8\">\u003C\u002Fdiv>\n\u003Cinput style=\"display: none\" id=\"modal-ebook-block_fc17b1f3e6482cc5bb1bec9ddffaa7f8\"\n       value=\"{&quot;featured&quot;:{&quot;ID&quot;:31417,&quot;post_author&quot;:&quot;6&quot;,&quot;post_date&quot;:&quot;2020-12-02 08:54:13&quot;,&quot;post_date_gmt&quot;:&quot;2020-12-02 07:54:13&quot;,&quot;post_content&quot;:&quot;&lt;!-- wp:paragraph --&gt;\\n&lt;p&gt;Artificial Intelligence and Digital Health are booming. In this book, we explain why now it's a good time to invest in Digital Health and give recommendations on where to invest by looking at the top 24 technological trends we find the most promising.&lt;\\\u002Fp&gt;\\n&lt;!-- \\\u002Fwp:paragraph --&gt;&quot;,&quot;post_title&quot;:&quot;Invest In Digital Health - The Medical Futurist's Guide&quot;,&quot;post_excerpt&quot;:&quot;&quot;,&quot;post_status&quot;:&quot;publish&quot;,&quot;comment_status&quot;:&quot;closed&quot;,&quot;ping_status&quot;:&quot;closed&quot;,&quot;post_password&quot;:&quot;&quot;,&quot;post_name&quot;:&quot;invest-in-digital-health&quot;,&quot;to_ping&quot;:&quot;&quot;,&quot;pinged&quot;:&quot;&quot;,&quot;post_modified&quot;:&quot;2023-03-12 18:17:41&quot;,&quot;post_modified_gmt&quot;:&quot;2023-03-12 17:17:41&quot;,&quot;post_content_filtered&quot;:&quot;&quot;,&quot;post_parent&quot;:0,&quot;guid&quot;:&quot;https:\\\u002F\\\u002Fapi.medicalfuturist.com\\\u002F?post_type=book&amp;#038;p=31417&quot;,&quot;menu_order&quot;:9,&quot;post_type&quot;:&quot;book&quot;,&quot;post_mime_type&quot;:&quot;&quot;,&quot;comment_count&quot;:&quot;0&quot;,&quot;filter&quot;:&quot;raw&quot;,&quot;featured_image&quot;:[&quot;https:\\\u002F\\\u002Fcdn.medicalfuturist.com\\\u002Fwp-content\\\u002Fuploads\\\u002F2020\\\u002F12\\\u002Finvest-in-digital-health.png&quot;,320,413,false],&quot;leanpub_url&quot;:&quot;https:\\\u002F\\\u002Fleanpub.com\\\u002Fdigital-health-investments&quot;,&quot;preview&quot;:[{&quot;image&quot;:&quot;https:\\\u002F\\\u002Fcdn.medicalfuturist.com\\\u002Fwp-content\\\u002Fuploads\\\u002F2020\\\u002F12\\\u002FInvest-In-Digital-Health-Guide-Preview-1-1.png&quot;},{&quot;image&quot;:&quot;https:\\\u002F\\\u002Fcdn.medicalfuturist.com\\\u002Fwp-content\\\u002Fuploads\\\u002F2020\\\u002F12\\\u002FInvest-In-Digital-Health-Guide-Preview-2.png&quot;},{&quot;image&quot;:&quot;https:\\\u002F\\\u002Fcdn.medicalfuturist.com\\\u002Fwp-content\\\u002Fuploads\\\u002F2020\\\u002F12\\\u002FInvest-In-Digital-Health-Guide-Preview-3.png&quot;},{&quot;image&quot;:&quot;https:\\\u002F\\\u002Fcdn.medicalfuturist.com\\\u002Fwp-content\\\u002Fuploads\\\u002F2020\\\u002F12\\\u002FInvest-In-Digital-Health-Guide-Preview-4.png&quot;},{&quot;image&quot;:&quot;https:\\\u002F\\\u002Fcdn.medicalfuturist.com\\\u002Fwp-content\\\u002Fuploads\\\u002F2020\\\u002F12\\\u002FInvest-In-Digital-Health-Guide-Preview-5.png&quot;},{&quot;image&quot;:&quot;https:\\\u002F\\\u002Fcdn.medicalfuturist.com\\\u002Fwp-content\\\u002Fuploads\\\u002F2020\\\u002F12\\\u002FInvest-In-Digital-Health-Guide-Preview-6.png&quot;},{&quot;image&quot;:&quot;https:\\\u002F\\\u002Fcdn.medicalfuturist.com\\\u002Fwp-content\\\u002Fuploads\\\u002F2020\\\u002F12\\\u002FInvest-In-Digital-Health-Guide-Preview-7.png&quot;}],&quot;buy_button_text&quot;:&quot;Get it on Leanpub&quot;},&quot;others&quot;:[{&quot;ID&quot;:24761,&quot;post_author&quot;:&quot;10&quot;,&quot;post_date&quot;:&quot;2023-11-01 15:46:07&quot;,&quot;post_date_gmt&quot;:&quot;2023-11-01 14:46:07&quot;,&quot;post_content&quot;:&quot;&lt;!-- wp:paragraph --&gt;\\n&lt;p&gt;This comprehensive guide, Tech Giants in Healthcare, clarifies how and why big tech companies step into healthcare, and breaks it down from one market player to the other in what direction they are going, what tools they are using and what horizons they have in front of them.&lt;\\\u002Fp&gt;\\n&lt;!-- \\\u002Fwp:paragraph --&gt;&quot;,&quot;post_title&quot;:&quot;Tech Giants in Healthcare - Updated Edition&quot;,&quot;post_excerpt&quot;:&quot;&quot;,&quot;post_status&quot;:&quot;publish&quot;,&quot;comment_status&quot;:&quot;closed&quot;,&quot;ping_status&quot;:&quot;closed&quot;,&quot;post_password&quot;:&quot;&quot;,&quot;post_name&quot;:&quot;tech-giants-in-healthcare&quot;,&quot;to_ping&quot;:&quot;&quot;,&quot;pinged&quot;:&quot;&quot;,&quot;post_modified&quot;:&quot;2023-11-01 15:46:17&quot;,&quot;post_modified_gmt&quot;:&quot;2023-11-01 14:46:17&quot;,&quot;post_content_filtered&quot;:&quot;&quot;,&quot;post_parent&quot;:0,&quot;guid&quot;:&quot;https:\\\u002F\\\u002Fapi.medicalfuturist.com\\\u002F?post_type=book&amp;#038;p=24761&quot;,&quot;menu_order&quot;:14,&quot;post_type&quot;:&quot;book&quot;,&quot;post_mime_type&quot;:&quot;&quot;,&quot;comment_count&quot;:&quot;0&quot;,&quot;filter&quot;:&quot;raw&quot;,&quot;featured_image&quot;:[&quot;https:\\\u002F\\\u002Fcdn.medicalfuturist.com\\\u002Fwp-content\\\u002Fuploads\\\u002F2020\\\u002F05\\\u002F1031_techgiants_2023-5-1-1.png&quot;,700,906,false],&quot;buy_button_text&quot;:&quot;Get it on Leanpub&quot;,&quot;leanpub_url&quot;:&quot;https:\\\u002F\\\u002Fleanpub.com\\\u002Ftech-giants-in-healthcare&quot;,&quot;preview&quot;:[{&quot;image&quot;:&quot;https:\\\u002F\\\u002Fcdn.medicalfuturist.com\\\u002Fwp-content\\\u002Fuploads\\\u002F2020\\\u002F05\\\u002F1031_techgiants_2023-5-1-10-01.png&quot;},{&quot;image&quot;:&quot;https:\\\u002F\\\u002Fcdn.medicalfuturist.com\\\u002Fwp-content\\\u002Fuploads\\\u002F2020\\\u002F05\\\u002F1031_techgiants_2023-5-1-10-02.png&quot;},{&quot;image&quot;:&quot;https:\\\u002F\\\u002Fcdn.medicalfuturist.com\\\u002Fwp-content\\\u002Fuploads\\\u002F2020\\\u002F05\\\u002F1031_techgiants_2023-5-1-10-03.png&quot;},{&quot;image&quot;:&quot;https:\\\u002F\\\u002Fcdn.medicalfuturist.com\\\u002Fwp-content\\\u002Fuploads\\\u002F2020\\\u002F05\\\u002F1031_techgiants_2023-5-1-10-04.png&quot;},{&quot;image&quot;:&quot;https:\\\u002F\\\u002Fcdn.medicalfuturist.com\\\u002Fwp-content\\\u002Fuploads\\\u002F2020\\\u002F05\\\u002F1031_techgiants_2023-5-1-10-05.png&quot;},{&quot;image&quot;:&quot;https:\\\u002F\\\u002Fcdn.medicalfuturist.com\\\u002Fwp-content\\\u002Fuploads\\\u002F2020\\\u002F05\\\u002F1031_techgiants_2023-5-1-10-06.png&quot;}]}]}\"\u002F>\n\u003Cdiv id=\"ebook-block_fc17b1f3e6482cc5bb1bec9ddffaa7f8\" class=\"ebook\">\n    \u003Cdiv class=\"ebook-block h-100\">\n        \u003Cdiv class=\"container h-100\">\n            \u003Cdiv class=\"article-body h-100\">\n                \u003Cdiv class=\"row h-100 align-items-center\">\n                    \u003Cdiv class=\"col-md-5 pr-md-5 mb-4 mb-md-0\">\n                        \u003Cimg decoding=\"async\" src=\"https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2020\u002F12\u002Finvest-in-digital-health.png\" alt=\"\" class=\"img-fluid\">\n                    \u003C\u002Fdiv>\n                    \u003Cdiv class=\"col-md-7 pl-md-3\">\n                        \u003Ch3>Invest In Digital Health &#8211; The Medical Futurist&#8217;s Guide\u003C\u002Fh3>\n                        \u003C!-- wp:paragraph -->\n\u003Cp>Artificial Intelligence and Digital Health are booming. In this book, we explain why now it&#8217;s a good time to invest in Digital Health and give recommendations on where to invest by looking at the top 24 technological trends we find the most promising.\u003C\u002Fp>\n\u003C!-- \u002Fwp:paragraph -->                        \u003Cbutton data-target=\"modal-ebook-block_fc17b1f3e6482cc5bb1bec9ddffaa7f8\"\n                                class=\"ebook-block-button btn btn-lg font-weight-bold btn-tmf-blue mt-3\">\n                            Start Reading Now\n                        \u003C\u002Fbutton>\n                    \u003C\u002Fdiv>\n                \u003C\u002Fdiv>\n            \u003C\u002Fdiv>\n        \u003C\u002Fdiv>\n    \u003C\u002Fdiv>\n\u003C\u002Fdiv>\n\n\n\n\u003Cp>We also sought insights from incubators and digital health startuppers to include in this guide. We invite you to grab a copy of our latest \u003Ca href=\"https:\u002F\u002Fleanpub.com\u002Fdigital-health-investments\" target=\"_blank\" rel=\"noreferrer noopener\">e-book on LeanPub\u003C\u002Fa> for a more detailed look into the promising trends in digital health for investors and how we assess technologies and companies at TMF.\u003C\u002Fp>\n\n\n\n\u003Ch3 class=\"wp-block-heading\">Growth in the traditional health industry is unsustainable\u003C\u002Fh3>\n\n\n\n\u003Cp>Analysts seem to agree on an important point. The \u003Ca href=\"https:\u002F\u002Ffinance.yahoo.com\u002Fnews\u002Fhealthcare-services-global-market-report-134400283.html\" target=\"_blank\" rel=\"noreferrer noopener\">overall size of the global health industry\u003C\u002Fa> ($7.9 trillion in 2023) is on an upward trajectory. However, this growth and more importantly, its share related to GDP seems unsustainable – as it is projected to reach $10 trillion by 2027. \u003Ca href=\"https:\u002F\u002Fwww.insiderintelligence.com\u002Finsights\u002Fhealthcare-industry\u002F\" target=\"_blank\" rel=\"noreferrer noopener\">According to this Deloitte forecast\u003C\u002Fa>, it will amount to 26% of the global GDP by 2040. And here is when digital health is seen as the greatest promise.\u003C\u002Fp>\n\n\n\u003Cdiv class=\"wp-block-image\">\n\u003Cfigure class=\"aligncenter size-large\">\u003Cimg loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"432\" src=\"https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2019\u002F08\u002F100_why-dont-digital-health-investors-finance-hard-topics-768x432.png\" alt=\"digital health investors\" class=\"wp-image-24505\" srcset=\"https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2019\u002F08\u002F100_why-dont-digital-health-investors-finance-hard-topics-768x432.png 768w, https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2019\u002F08\u002F100_why-dont-digital-health-investors-finance-hard-topics-370x208.png 370w, https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2019\u002F08\u002F100_why-dont-digital-health-investors-finance-hard-topics-1536x864.png 1536w, https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2019\u002F08\u002F100_why-dont-digital-health-investors-finance-hard-topics-2048x1152.png 2048w, https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2019\u002F08\u002F100_why-dont-digital-health-investors-finance-hard-topics.png 1920w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \u002F>\u003C\u002Ffigure>\n\u003C\u002Fdiv>\n\n\n\u003Cp>Although somewhat more slowly, eventually, the healthcare sector seems to be catching up with other, more consumer-focused areas, like banking, consumer finances, retail and so on, which have already gone through paramount changes regarding efficiency. &nbsp;Analysts forecast similar landslides in many, health-related areas, including &#8216;bordering’ sectors, like fitness, wellness, prevention, mental health and nutrition among others.\u003C\u002Fp>\n\n\n\n\u003Cp>Healthcare is a slow-moving animal, but it is in dire need of change. This could open the door to health tech companies that can tackle specific parts of the value chain. Which are the niches health tech can address? Many! \u003C\u002Fp>\n\n\n\n\u003Cp>In this article, we further share 5 things we&#8217;ve learned about investments in digital health while working on the e-book. From the impact of the pandemic to companies that leave a bitter taste in investors’ mouths following unfulfilled promises, anyone interested in digital health can get additional insights by analysing investments in the field.\u003C\u002Fp>\n\n\n\n\u003Ch2 class=\"wp-block-heading\">1. Generative AI has arrived and will transform medicine\u003C\u002Fh2>\n\n\n\n\u003Cp>Although \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedicalfuturist.com\u002Fguide-to-artificial-intelligence-in-healthcare\u002F\" target=\"_blank\">we\u003C\u002Fa>&#8216;ve been \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedicalfuturist.com\u002F10-things-how-artificial-intelligence-could-make-me-a-better-doctor\u002F\" target=\"_blank\">predicting\u003C\u002Fa> for \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedicalfuturist.com\u002Fartificial-intelligence-will-redesign-healthcare\u002F\" target=\"_blank\">years\u003C\u002Fa> that \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedicalfuturist.com\u002Fsix-challenges-to-tackle-before-artificial-intelligence-redesigns-healthcare\u002F\" target=\"_blank\">AI\u003C\u002Fa> will \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedicalfuturist.com\u002Fartificial-intelligence-and-the-art-of-medicine\u002F\" target=\"_blank\">transform\u003C\u002Fa> healthcare, it \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedicalfuturist.com\u002Fhow-can-you-use-ai-in-your-healthcare-right-now\" target=\"_blank\">suddenly \u003C\u002Fa>became \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedicalfuturist.com\u002Fmedpalm-new-ai-medical-chatbots-will-soon-be-better-than-waiting-for-a-doctor\" target=\"_blank\">very obvious\u003C\u002Fa> in the past year. \u003Ca href=\"https:\u002F\u002Fmedicalfuturist.com\u002Fchatgpt-in-healthcare-what-the-science-says\" target=\"_blank\" rel=\"noreferrer noopener\">ChatGPT\u003C\u002Fa>, the first widely available solution for interacting with AI was released at the end of 2022 and it has changed everything. Artificial intelligence, which was the mystic tool available only to a select few, became an everyday tool for anyone &#8211; overnight. \u003C\u002Fp>\n\n\n\n\u003Cp>And with it, \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedicalfuturist.com\u002Fwhy-it-is-important-to-understand-multimodal-large-language-models-in-healthcare\" target=\"_blank\">large language models (LLMs)\u003C\u002Fa> moved into the spotlight. Although using LLMs in patient-facing roles without \u003Ca href=\"https:\u002F\u002Fmedicalfuturist.com\u002Fwhy-and-how-to-regulate-chatgpt-like-large-language-models-in-healthcare\" target=\"_blank\" rel=\"noreferrer noopener\">solid regulatory safeguards\u003C\u002Fa> is a no-go, the field is developing with impressive speed and healthcare-specific models are being tested. \u003C\u002Fp>\n\n\n\n\u003Cp>But despite the sudden popularity, LLMs are not the only promising AI algorithms. In fact, there are already over \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedicalfuturist.com\u002Fthe-current-state-of-fda-approved-ai-based-medical-devices\u002F\" target=\"_blank\">700 AI-based medical devices\u003C\u002Fa> that have FDA approval, and we see many promising ventures \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedicalfuturist.com\u002Ftop-companies-using-a-i-in-drug-discovery-and-development\u002F\" target=\"_blank\">in drug design\u003C\u002Fa>, \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedicalfuturist.com\u002Fthe-evolution-of-clinical-documentation-from-paper-to-ai\u002F\" target=\"_blank\">clinical documentation\u003C\u002Fa>, and \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedicalfuturist.com\u002Fwhat-is-medical-coding-automation-and-its-potentials-in-healthcare\u002F\" target=\"_blank\">medical coding\u003C\u002Fa>. And of course, we wonder about the black-box nature of this amazing technology when \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedicalfuturist.com\u002Fthe-curious-case-of-a-i-discovering-unusual-associations-in-medicine\u002F\" target=\"_blank\">AI has curious medical discoveries\u003C\u002Fa>, detecting things that – to the best of our human knowledge – should not be detectable from the input data. Like knowing the race of the patient from chest X-rays alone.&nbsp;\u003C\u002Fp>\n\n\n\n\u003Cp>AI has amazing potential to improve medicine, it will be a major tool to address shortages in healthcare personnel, relieve professionals from most of the administrative burden, and assist us in diagnosing cases, in designing new drugs and devices. \u003C\u002Fp>\n\n\n\n\u003Ch2 class=\"wp-block-heading\">2. Digital health has matured enough by now\u003C\u002Fh2>\n\n\n\n\u003Cp>Before the 2010s, the digital health market was simply not mature enough. Startups were still finding their footing and solutions weren’t refined; resulting in a flawed perception and slow adoption rates. As such, it might have been too early to invest in this industry.\u003C\u002Fp>\n\n\n\n\u003Cp>However, now the landscape is wildly different and we found that the opportune time to invest in digital health has arrived. Technologies that digital health startups work with have been fine-tuned. The \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedicalfuturist.com\u002Fdigital-health\u002F\" target=\"_blank\">cultural transformation\u003C\u002Fa> required for \u003Ca href=\"https:\u002F\u002Fmedicalfuturist.com\u002Fthese-8-countries-could-put-together-the-worlds-most-advanced-healthcare-system\u002F\" target=\"_blank\" rel=\"noreferrer noopener\">digital health adoption is taking place\u003C\u002Fa>; countries like \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedicalfuturist.com\u002Ftop-5-national-examples-in-digital-health\u002F\" target=\"_blank\">Germany\u003C\u002Fa> and \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedicalfuturist.com\u002Fdanish-digital-health-strategy\u002F\" target=\"_blank\">Denmark \u003C\u002Fa>have national digital health strategies to address the industry.\u003C\u002Fp>\n\n\n\n\u003Cp>Meanwhile, \u003Ca href=\"https:\u002F\u002Fmedicalfuturist.com\u002Fthe-new-buzz-these-are-the-top-examples-of-digital-therapeutics\u002F\" target=\"_blank\" rel=\"noreferrer noopener\">many mature digital health solutions\u003C\u002Fa> have hit the markets in recent years, delivering tangible, measurable results, like the \u003Ca href=\"https:\u002F\u002Fwww.linkedin.com\u002Fposts\u002Fbertalanmesko_study-teletherapy-program-reduces-ocd-symptoms-activity-6934820329747841024-2cws\u002F?utm_source=linkedin_share&amp;utm_medium=member_desktop_web\" target=\"_blank\" rel=\"noreferrer noopener\">teletherapy program for OCD\u003C\u002Fa> (obsessive-compulsive disorder) patients, which was found to reduce symptoms by 43.4% with patients maintaining the results for up to a year later.   \u003C\u002Fp>\n\n\n\n\u003Cp>Such approaches prepare policymakers, patients, and physicians to be ready to adopt digital health solutions. \u003C\u002Fp>\n\n\n\n\u003Cp>The Global Digital Health market size is \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Ffinance.yahoo.com\u002Fnews\u002Fdigital-health-market-forecasted-reach-062100319.html#:~:text=The%20Global%20Digital%20Health%20Market%20size%20was%20valued%20at%20USD,USD%2093.4%20billion%20in%202022.\" target=\"_blank\">projected to reach $1.6 trillion by 2032\u003C\u002Fa> from $217 billion in 2022, with an annual growth of over 255% between 2023 and 2032. The right time to invest is now as very soon everyone else will want a piece of the cake. As such, investors and venture capital firms should consider this time factor before it’s too late.\u003C\u002Fp>\n\n\n\n\u003Ch2 class=\"wp-block-heading\">3. Notorious investment stories can ruin a field for years\u003C\u002Fh2>\n\n\n\n\u003Cp>Some digital health companies claim to have the best tech with mouth-watering potential and investors are quick to jump on the hype train. But these \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedicalfuturist.com\u002F10-reasons-why-digital-health-start-ups-go-bust\u002F\" target=\"_blank\">go bust within years\u003C\u002Fa> and serve as cautionary tales for investors to be wary of channelling funds in that particular sector. We came across several notorious examples in the industry.\u003C\u002Fp>\n\n\n\u003Cdiv class=\"wp-block-image\">\n\u003Cfigure class=\"aligncenter size-large\">\u003Cimg loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"432\" src=\"https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2019\u002F03\u002F076_digital_health_companies_go_dust-scaled-768x432.png\" alt=\"why startups fail\" class=\"wp-image-23355\" srcset=\"https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2019\u002F03\u002F076_digital_health_companies_go_dust-scaled-768x432.png 768w, https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2019\u002F03\u002F076_digital_health_companies_go_dust-scaled-370x208.png 370w, https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2019\u002F03\u002F076_digital_health_companies_go_dust-scaled-1536x864.png 1536w, https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2019\u002F03\u002F076_digital_health_companies_go_dust-scaled.png 1920w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \u002F>\u003C\u002Ffigure>\n\u003C\u002Fdiv>\n\n\n\u003Cp>The poster child of such examples is \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedicalfuturist.com\u002Ffrom-theranos-to-google-glass-the-biggest-flops-in-digital-health\u002F\" target=\"_blank\">Theranos and its one-drop blood test promise\u003C\u002Fa>. The startup raised \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fwww.theguardian.com\u002Fcommentisfree\u002F2018\u002Fjun\u002F03\u002Ftheranos-elizabeth-holmes-media-emperors-new-startup\" target=\"_blank\">$400 million from investors\u003C\u002Fa>; was later valued at $10 billion; and even won the FDA’s approval at one point by going through regulatory loopholes. However, it all turned out to be a scam on many accounts from faking demonstrations to using unreliable tech. This jeopardizes investments in the blood testing sector as \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedicalfuturist.com\u002Fwhere-does-blood-testing-stand-today\u002F\" target=\"_blank\">several other companies\u003C\u002Fa> are working on providing solutions with proven tech.\u003C\u002Fp>\n\n\n\n\u003Ch2 class=\"wp-block-heading\">4. There is a shift from investments in health IT to investments in digital health\u003C\u002Fh2>\n\n\n\n\u003Cp>Another example is that of Proteus. The digital pill pioneer developed the first such pill to \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedcitynews.com\u002F2017\u002F11\u002Fproteus-digital-health-ceo-on-fda-approval\u002F?rf=1\" target=\"_blank\">receive FDA approval\u003C\u002Fa> and even had \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fwww.forbes.com\u002Fsites\u002Fangelauyeung\u002F2019\u002F04\u002F01\u002Ftake-your-medicine-this-15-billion-health-startups-smart-pills-keep-patients-from-forgetting\u002F?sh=514b82f74d74\" target=\"_blank\">a $1.5 billion\u003C\u002Fa> valuation in 2019. But in 2020, the company \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedicalfuturist.com\u002Fdigital-health-ventures-that-flew-too-close-to-the-sun\u002F\" target=\"_blank\">filed for bankruptcy\u003C\u002Fa>. Even though some \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fwww.mobihealthnews.com\u002Fnews\u002Fnorth-america\u002Fstudy-proteus-digital-pill-system-accurate-improved-adherence-among-california-tb\" target=\"_blank\">research backed its tech\u003C\u002Fa> to improve adherence, it was bad management that led to its eventual downfall. They couldn’t reach certain milestones within deadlines \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedcitynews.com\u002F2020\u002F06\u002Fproteus-files-for-bankruptcy-where-did-it-falter\u002F?rf=1\" target=\"_blank\">under pressure from major investors\u003C\u002Fa>. They also had poor adoption due to the exorbitant price tag of \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fwww.forbes.com\u002Fsites\u002Fjohnlamattina\u002F2019\u002F07\u002F22\u002Fsmart-pill-schizophrenia-drug-unlikely-to-move-payers\u002F?utm_source=Triggermail&amp;utm_medium=email&amp;utm_campaign=Post%20Blast%20%28bii-digital-health%29:%20Smart%20pills%20don%27t%20live%20up%20to%20the%20hype%2C%20yet%20%7C%20Google%20unveils%20novel%20diagnostic%20AI%20%7C%20Anthem%20narrows%20in%20on%20young%20consumers%20with%20new%20tool&amp;utm_term=BII%20List%20Digital%20Health%20ALL&amp;sh=21e2c24965d0\" target=\"_blank\">$1,650 per month\u003C\u002Fa>, while the generic drug costs \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Facademic.oup.com\u002Fehjcvp\u002Farticle-abstract\u002F6\u002F2\u002F72\u002F5588932\" target=\"_blank\">less than $20 monthly\u003C\u002Fa>. The fallout is that other companies like \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fetectrx.com\u002F\" target=\"_blank\">etectRx\u003C\u002Fa> and \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fcordis.europa.eu\u002Farticle\u002Fid\u002F418365-pill-tracking-device-promises-targeted-personalised-care\" target=\"_blank\">SIGUEMED\u003C\u002Fa> working on similar solutions face a steeper slope in attracting investors from here on.\u003C\u002Fp>\n\n\n\n\u003Cp>The direction of funding has pivoted from the pandemic-driven focus on on-demand healthcare services and life science research and development, which were prominent in 2021 and now, the emphasis is on digital health solutions that aid in disease treatment, streamline nonclinical operations, and manage complex health conditions like kidney disease.\u003C\u002Fp>\n\n\n\n\u003Cp>Mental health continues to be the leading area for clinical investment in digital health startups, with $0.9 billion allocated so far this year. Nephrology has emerged securing $0.7 billion in 2023, a significant increase from the $54 million raised in the previous year, positioning it as the second-highest funded area in the sector.\u003C\u002Fp>\n\n\n\n\u003Cp>At the moment, we see three fields that are especially promising from the investors&#8217; point of view:\u003C\u002Fp>\n\n\n\n\u003Cul class=\"wp-block-list\">\n\u003Cli>technologies and solutions targeting niche areas and niche medical specialties, like \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fwww.mobihealthnews.com\u002Fnews\u002Fwomens-health-focused-startup-alpha-medical-launches-diabetes-care-program\" target=\"_blank\">diabetes care\u003C\u002Fa>, the \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fwww.linkedin.com\u002Fposts\u002Fbertalanmesko_study-teletherapy-program-reduces-ocd-symptoms-activity-6934820329747841024-2cws?utm_source=linkedin_share&amp;utm_medium=member_desktop_web\" target=\"_blank\">OCD teletherapy solution\u003C\u002Fa> we mentioned before, or the \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fwww.linkedin.com\u002Fposts\u002Fbertalanmesko_digitalhealth-activity-6933408523145904128-dDzT?utm_source=linkedin_share&amp;utm_medium=member_desktop_web\" target=\"_blank\">smart glasses specifically developed for blind and visually impaired patients\u003C\u002Fa> (as opposed to a general telehealth app for example)\u003C\u002Fli>\n\n\n\n\u003Cli>technologies that produce valuable health data for users and their physicians alike, like \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fpharmaphorum.com\u002Fnews\u002Fsmartphone-based-skin-cancer-diagnostic-certified-for-use-in-uk\u002F\" target=\"_blank\">ski\u003C\u002Fa>\u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedicalfuturist.com\u002Fdigital-skin-care-top-8-dermatology-apps\u002F\" target=\"_blank\">n-checking\u003C\u002Fa>\u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fpharmaphorum.com\u002Fnews\u002Fsmartphone-based-skin-cancer-diagnostic-certified-for-use-in-uk\u002F\" target=\"_blank\"> apps\u003C\u002Fa>, or \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fwww.linkedin.com\u002Fposts\u002Fbertalanmesko_cardiachealth-ecg-digitalhealth-activity-6930069606757773312-0LXW?utm_source=linkedin_share&amp;utm_medium=member_desktop_web\" target=\"_blank\">smartphone-connected ECG sensors\u003C\u002Fa> providing data for cardiologists as well\u003C\u002Fli>\n\n\n\n\u003Cli>technologies and solutions aiming to improve the quality of patient-doctor relationships, like \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedcitynews.com\u002F2022\u002F04\u002Fas-ais-role-in-combating-clinician-burnout-grows-suki-expands-its-voice-enabled-capabilities\u002F\" target=\"_blank\">voice-to-text solutions\u003C\u002Fa> \u003C\u002Fli>\n\u003C\u002Ful>\n\n\n\n\u003Cp>This indicates a general trend of shifting investments from health IT towards digital health.&nbsp;\u003C\u002Fp>\n\n\n\n\u003Cp>To differentiate between the two terms, \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedicalfuturist.com\u002Fhealth-it-or-digital-health-the-gary-rule-helps\u002F\" target=\"_blank\">the “Gary rule”\u003C\u002Fa> helps. Gary is the IT guy at your company. If there is an issue he alone can fix &#8211; like outdated antivirus software or malfunctioning electronic health records (EHR), then we’re talking about health IT. However, if there is an issue that Gary alone cannot fix as it requires input from more stakeholders such as analysing patient data from wearables and addressing\u003Cbr>the related technological issues, then it’s a digital health issue.\u003C\u002Fp>\n\n\n\u003Cdiv class=\"wp-block-image\">\n\u003Cfigure class=\"aligncenter size-large\">\u003Cimg loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"432\" src=\"https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2018\u002F09\u002F015_healthit_vs_digital_health-768x432.png\" alt=\"Gary Rule\" class=\"wp-image-21779\" srcset=\"https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2018\u002F09\u002F015_healthit_vs_digital_health-768x432.png 768w, https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2018\u002F09\u002F015_healthit_vs_digital_health-370x208.png 370w, https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2018\u002F09\u002F015_healthit_vs_digital_health-512x288.png 512w, https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2018\u002F09\u002F015_healthit_vs_digital_health.png 870w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \u002F>\u003C\u002Ffigure>\n\u003C\u002Fdiv>\n\n\n\u003Cp>With the democratised access to care that digital health offers, such solutions are increasingly attractive to consumers; and, in turn, investors. For instance, during the COVID-19 crisis, \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fwww.mckinsey.com\u002Findustries\u002Fhealthcare-systems-and-services\u002Four-insights\u002Ftelehealth-a-quarter-trillion-dollar-post-covid-19-reality\" target=\"_blank\">McKinsey reports\u003C\u002Fa> that medical providers saw 50 to 175 times more patients via telehealth than they had done before. \u003C\u002Fp>\n\n\n\n\u003Cp>Following this trend are companies that provide on-demand care like AliveCor, the company behind \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedicalfuturist.com\u002Flets-put-the-best-to-the-test-our-kardiamobile6l-review\u002F\" target=\"_blank\">portable ECGs\u003C\u002Fa>. In 2020, the company launched KardiaCare, a digital subscription service. It integrates its devices with personal results to offer ECG reviews by cardiologists, monthly summaries and a suite of other features to help users interpret their ECG data. Their KardiaMobile Card is a single-lead, FDA-cleared medical-grade pocket ECG that has the dimensions of a credit card that detects six types of arrhythmias. To date, the company has raised about $300 million in total venture funding.\u003C\u002Fp>\n\n\n\n\u003Ch2 class=\"wp-block-heading\">5. Successful startups meet real-life patient or clinical needs\u003C\u002Fh2>\n\n\n\n\u003Cp>Often in tech shows like CES you’ll come across \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedicalfuturist.com\u002Fthe-weirdest-digital-health-tech\u002F\" target=\"_blank\">silly products\u003C\u002Fa> like a blockchain toothbrush, or a  watch giving you electro-shocks. At other times you’ll come across startups like Magic Leap that make promising partnerships and and amass \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fnews.crunchbase.com\u002Fnews\u002Fa-timeline-of-investor-interest-in-ar-startup-magic-leap-which-has-raised-2-3b\u002F\" target=\"_blank\">tons of funding\u003C\u002Fa> but \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fwww.bloomberg.com\u002Fnews\u002Ffeatures\u002F2020-09-23\u002Fwhy-magic-leap-failed-ar-hype-exceeded-product-s-capabilities\" target=\"_blank\">don’t deliver on their promise\u003C\u002Fa>. Or even those like \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fmedicalfuturist.com\u002Fclinicloud-review-should-doctors-and-patients-use-the-digital-stethoscope\u002F\" target=\"_blank\">CliniCloud\u003C\u002Fa> that have a brilliant team and good tech but ultimately close shop. Such examples showed us that for startups to find success in digital health, their products must offer solutions to real clinical needs.\u003C\u002Fp>\n\n\n\n\u003Cp>For a technology to be successful, it should integrate into the practical reality of healthcare. For example, \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fwww.mysugr.com\u002Fen\u002F\" target=\"_blank\">mySugr\u003C\u002Fa> helps diabetics reinterpret the condition as a “monster” that can be tamed through their app. Through motivating challenges, personalised insights and a scoring system, it encourages patients to “tame the monster” by keeping their glucose level at a desirable one. Pharma giant Roche even saw the potential in mySugr’s gamified approach and \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fwww.roche.com\u002Fmedia\u002Freleases\u002Fmed-cor-2017-06-30.htm\" target=\"_blank\">acquired the startup in 2017\u003C\u002Fa>. It paired the mySugr app with its existing Accu-Chek Guide glucose meter to create the mySugr Bundle; thereby augmenting diabetics’ management of their condition.\u003C\u002Fp>\n\n\n\u003Cdiv class=\"wp-block-image\">\n\u003Cfigure class=\"aligncenter size-large\">\u003Cimg loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"432\" src=\"https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2020\u002F03\u002F071_artificial_pancreas-768x432.png\" alt=\"\" class=\"wp-image-26721\" srcset=\"https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2020\u002F03\u002F071_artificial_pancreas-768x432.png 768w, https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2020\u002F03\u002F071_artificial_pancreas-370x208.png 370w, https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2020\u002F03\u002F071_artificial_pancreas-1536x864.png 1536w, https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2020\u002F03\u002F071_artificial_pancreas-512x288.png 512w, https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2020\u002F03\u002F071_artificial_pancreas-2048x1152.png 2048w, https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2020\u002F03\u002F071_artificial_pancreas.png 1920w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \u002F>\u003C\u002Ffigure>\n\u003C\u002Fdiv>\n\n\n\u003Cp>To learn more about the promising technological trends in digital health, we again encourage you to get a \u003Ca rel=\"noreferrer noopener\" href=\"https:\u002F\u002Fleanpub.com\u002Fdigital-health-investments\" target=\"_blank\">copy of the 2023 update of our Invest In Digital Health e-book on LeanPub\u003C\u002Fa>. You will find further details about our assessment methods when it comes to these technologies and the relevant companies. We hope you’ll find it useful!\u003C\u002Fp>\n",{"rendered":201,"protected":20},"\u003Cp>The Medical Futurist team is a fierce advocate for proper digital health adoption; and for that, we need good investments in good digital health companies. \u003C\u002Fp>\n",54139,{"_acf_changed":20,"footnotes":27},[205,206,32],504,500,[208,209,210,211,44,212,213,214,215,216,217,218,219,220,221,222,223,224,225,226],3085,207,6381,4247,6383,4983,236,5125,5399,5403,550,6369,591,6375,664,6377,747,138,6379,[50,51,228,52,229],950,952,[],[232,59,233,234,235,236,237],5017,1617,1681,1883,2107,3005,[239,14,63,64,65,66,67,240,241,69,242,243,244,245,80,246,247,248,249,250,251,252,253,254,255,256,257,258,259,260,85,86,261,87,262],"post-31317","category-artificial-intelligence","category-biotechnology","tag-covid19","tag-digital-health","tag-investors","tag-pandemic","tag-rock-health","tag-proteus","tag-fda-2","tag-etectrx","tag-roche","tag-mysugr","tag-theranos","tag-invest","tag-portable-diagnostics","tag-gary-rule","tag-kardia","tag-clinicloud","tag-tmfi","tag-alivecor","tag-magicleap","project_category-medical-professionals","project_category-policy-makers",{"id":202,"alt_text":27,"caption":27,"description":27,"media_type":92,"media_details":264,"post":131,"source_url":294},{"width":94,"height":95,"file":265,"filesize":266,"sizes":267,"image_meta":292},"2022\u002F06\u002Finvest-ebook-2023-cover-01.png",1394253,{"medium":268,"large":274,"thumbnail":280,"medium_large":285,"1536x1536":286},{"file":269,"width":270,"height":271,"mime-type":102,"filesize":272,"source_url":273},"invest-ebook-2023-cover-01-370x208.png",370,208,60373,"https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2022\u002F06\u002Finvest-ebook-2023-cover-01-370x208.png",{"file":275,"width":276,"height":277,"mime-type":102,"filesize":278,"source_url":279},"invest-ebook-2023-cover-01-768x432.png",768,432,207243,"https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2022\u002F06\u002Finvest-ebook-2023-cover-01-768x432.png",{"file":281,"width":282,"height":282,"mime-type":102,"filesize":283,"source_url":284},"invest-ebook-2023-cover-01-150x150.png",150,25754,"https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2022\u002F06\u002Finvest-ebook-2023-cover-01-150x150.png",{"file":275,"width":276,"height":277,"mime-type":102,"filesize":278,"source_url":279},{"file":287,"width":288,"height":289,"mime-type":102,"filesize":290,"source_url":291},"invest-ebook-2023-cover-01-1536x864.png",1536,864,711628,"https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2022\u002F06\u002Finvest-ebook-2023-cover-01-1536x864.png",{"aperture":120,"credit":27,"camera":27,"caption":27,"created_timestamp":120,"copyright":27,"focal_length":120,"iso":120,"shutter_speed":120,"title":27,"orientation":120,"keywords":293},[],"https:\u002F\u002Fcdn.medicalfuturist.com\u002Fwp-content\u002Fuploads\u002F2022\u002F06\u002Finvest-ebook-2023-cover-01.png",{"cta_type":124,"cta_color":27,"subtitle":27,"related_books":296,"related_posts_footer":298,"related_posts":20,"key_takeaways":20},[126,297],24761,[299,300,301],13949,53187,52933,{"yoast_wpseo_title":303,"yoast_wpseo_metadesc":304,"yoast_wpseo_canonical":195},"5 Things We Learnt About Investments In Digital Health: Our E-book - The Medical Futurist","Proper digital health adoption needs good investments in good digital health companies. 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