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Health Tech Horizon

May 15, 2023

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Looking ahead into 2023, the digital #healthcare landscape will continue to evolve and transform as the industry responds to new developments and trends. One notable trend that emerged during the COVID-19 pandemic was the rise of digital health options, such as #telemedicine and remote monitoring, which presented new opportunities for physicians to reach patients and improve care delivery.

While investments in digital health initially surged during the pandemic, investors are now placing greater emphasis on demonstrated outcomes and evidence of value, and #startups are being asked to show a clear business model from the outset.

As we enter 2023, we are excited to continue our work helping #healthtech startups from the #MiddleEast region in their #expansion and #softlanding in #France and the #USA. Our goal is to support these startups as they navigate the #digitalhealth landscape and bring their innovative solutions to new markets.

Despite the deceleration in investment, nontraditional players such as #Microsoft and #Apple have made significant moves into the healthcare market, partnering with traditional players to create new channels and markets. Home-based healthcare will continue to gain momentum in 2023, as the industry moves towards more patient-led delivery and due to technological advancements, as will alternative care models and new entrants in the space.

In addition, the women’s health arena will attract attention and investment, with exciting trends in fertility options, community-based care, and support for underserved populations. #Femtech products and solutions will grow rapidly, and businesses will compete to develop hybrid, one-stop shops.

Advances in #technology will continue to drive innovation in digital health, with virtual reality offering new approaches to treating mental health conditions, and digital twins being used in clinical trials, hospital operations, and disease modeling. Organizations are also testing generative #AI technology to analyze medical #data, identify patterns and develop therapeutic ideas. Meanwhile, digital tools will improve health equity by bridging care gaps, expanding access, enabling the personalized treatment, and eliminating geographic barriers.

However, the healthcare industry must contend with economic uncertainty, and we can expect important shifts, including a focus on profitability rather than top-line growth in digital health investments, an increased interest in #pharma IT from health-tech companies, and a rise in strategic investments and M&A activity in the space.

Overall, the ongoing evolution of digital health presents a transformative opportunity for health tech startups from the Middle East region, and we are excited to be part of their journey as we help them #grow#expand, and #softland in France and the US.

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