Prescribing magic mushrooms, UK leading the transformation of healthcare, telehealth keeps growing and more.
The ideas, people, innovations and technologies that are shaping the future of healthcare.?
Thank you for reading our latest newsletter. Every Thursday we share our round-up of the most interesting stories from the world of Digital Health so you can find the ideas, people, innovations and technologies that are shaping the future of healthcare. We hope you enjoy them! Happy reading!
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The UK is home to the?largest number?of digital health startups founded in Europe between 2010 and 2020. 182 companies have been founded and funded since 2010. With €3.5 billion invested into these companies, the UK ranks first in terms of total funding in Europe. It is a mature market with an average of €20 million invested per company. To put it into perspective, that number is around €8 million for the DACH region, the second most active digital health market in Europe.
Women lead the healthcare economy and deserve a better healthcare experience. Finally, investors are taking more of an interest in women’s health companies and the solutions they bring to bear. But a question remains: “What the hell took them so long?”
You might associate?psychedelics?with recreational use and abuse, but a growing number of scientists,?entrepreneurs?and investors are working to bring these experimental substances into the mainstream.?Psychoactive?substances have been shown to have significant benefits for a range of debilitating?mental health disorders, even those that have been resistant to conventional therapies and medication so far.
Contrary to what many people think, virtual health care, also known as telemedicine or telehealth, is much more than a cheap digital knockoff of in-person care. When used appropriately, it improves patient health, reduces costs, and makes care more equitable and accessible to anyone with a smartphone.
Researchers analyzed more than 30,000?artificial intelligence clinical papers?published in?PubMed?in 2019 and found that more than 50% of AI studies utilized databases from the U.S. or China, and that almost all the top 10 databases and author nationalities were from high income countries. Such homogenous datasets, the authors explained, can create research bias that hinders the clinical efficacy of AI applications.
Through 2019, virtual doctor visits and other?forms of telehealth?surged ever higher during the pandemic. A recent analysis by?McKinsey & Company?shows that telehealth utilization in February 2021 had jumped to 38 times its pre-pandemic level. McKinsey estimates that the current $3 billion telehealth market could eventually grow to?$250 billion.?
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The idea of digital twins — digital representations of humans built with computer models — for medical research is gaining traction in both the private and academic sectors. With predictive simulation technology, some experts say that digital twins have the potential to improve healthcare by assessing health risks before a disease becomes symptomatic, helping clinicians determine, for example, when (and whether) to intervene.
The Federation of Informatics Professionals (FEDIP) has launched a new charter to address the main concerns and aspirations of technology experts working within the health and social care sector and to highlight the vital role IT professionals play in the industry.
Older adults are increasingly adopting smart technology as healthcare organisations continue to implement technology solutions for clinicians. Here’s what’s driving this trend and how healthcare organizations can overcome barriers.
A new study in The Lancet found that a deep-learning algorithm was able to detect vision-threatening retinopathy with 94.7% accuracy.
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About Datalla
Datalla is a global strategy and growth consulting firm that helps our clients to shape the future of healthcare. Founded by KevinMcDonnell, we are a trusted advisor to the world’s leading Digital Health, Medical Devices, Lifesciences and Healthcare organisations. We work alongside our clients with a shared ambition to transform their organisations, deliver meaningful change, build enduring capabilities and shape the future of healthcare.