The challenge of providing the most efficient care at the lowest cost possible in the healthcare industry is likely to amplify in the coming years and decades. Population aging in the western world, ever more modernizing lifestyles in much of the developing societies, and the rise of unpredictable health epidemics, form the perfect storm for a dramatic increase in the demand for care against a backdrop of supply insufficiencies across the entire value chain from treatment facilities, to health personnel, to research skills, to shrinking public spending budgets.
While much of the answer lies in transforming the healthcare system from one focused on curing illnesses after they take place to one focused on preventing illness from happening in the first place, advances in the fields of bio-informatics, statistics-based targeted medicine, highly intelligent internet connected diagnostic devices, and wireless and mobile health apps that link patients to physicians, are all combining to usher in a radically different healthcare system focused on predictive care, personalised diagnostic and virtual treatment within bio-connected communities. INNOVENTURE EUROPE’s Best of Breed selection will uncover opportunities across these fields and many others.