Telehealth Industry, a $9.5 Billion Reality

“Digital health companies have raised more than $39.9 billion in 2021 of which $9.5 billion solely for the telehealth sector (28% of the VC investments in the digital health sector – up 111% year-on-year)”

The pandemic has accelerated the delivery of healthcare online (telemedicine, self-directed services and concierge services), and this growing trend may lead to lasting shifts in the health industry. What is interesting to see is how the growth of this sector and the construction of successful programs using telehealth technologies is linked to strong data strategies.

Dr Saima Aftab, vice president at Nicklaus Children’s Hospital in Florida recently declared: “virtual care does not advance without meaningful data that is measured and analyzed for lessons learned on quality of care, cost and experience”. A statement that did not go noticed among other healthcare institutions. A growing number of digital health companies are moving in that direction (e.g. Doctolib in France, Nanopore in the UK, Sophia in Switzerland). A phenomenon that attracts a growing number of young tech / data-oriented profiles eager to participate in what appears as a healthcare delivery revolution.

Fortune