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2019 UK eHealth Start-Up Radar · 2017 $423b 2024 Global eHealth market value 20% Annual growth rate > 318,000 Number of digital health apps available 200/day being added 127,400

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Page 1: 2019 UK eHealth Start-Up Radar · 2017 $423b 2024 Global eHealth market value 20% Annual growth rate > 318,000 Number of digital health apps available 200/day being added 127,400

Restricted distribution

November 2019

2019 UK eHealthStart-Up Radar

Page 2: 2019 UK eHealth Start-Up Radar · 2017 $423b 2024 Global eHealth market value 20% Annual growth rate > 318,000 Number of digital health apps available 200/day being added 127,400

Tier 1 clients,leaders in their industry

3,000 professionalsacross 8 countries

Among the leading independentconsultancies in Europe,

n°1 in France

In a world where permanent evolution is the key to success, Wavestone's mission is to enlighten and partner with business leaders

in their most critical decisions.

Paris | London | New York | Hong Kong | Singapore* | Dubai* | São Paulo*Luxembourg | Madrid* | Milano* | Brussels | Geneva | Casablanca | Istanbul* | Edinburgh

Lyon | Marseille | Nantes

* Partners Restricted distribution

Page 3: 2019 UK eHealth Start-Up Radar · 2017 $423b 2024 Global eHealth market value 20% Annual growth rate > 318,000 Number of digital health apps available 200/day being added 127,400

© WAVESTONE 3Restricted distribution

: Wavestone’s Start-up Accelerator

Develop start-ups by helping

them increase their commercial growth.

IndustryStart-Ups

Conduct market analysisin order to create our view of the start-

up ecosystem.

Wavestone

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© WAVESTONE 4Restricted distribution

What is eHealth?

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© WAVESTONE 5Restricted distribution

eHealth is the use of information and communication

technologies (ICT) for health

World Health Organization (WHO)

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© WAVESTONE 6Restricted distribution

Remote exchange of clinical databetween a patient and their GP.Support and assistance at adistance

/ E-learning

/ Teleconsultation

/ Telemedicine

/ Remote monitoring

/ Remote support

/ Remote medication management

Tele-healthcare

Digital storage of healthinformation and exchange ofdigitised patient medical records

/ Storage of health information

/ Patient care pathway management

/ Patient scheduling

/ Platform linking patients and healthcareprofessionals

/ Electronic prescription systems

/ Data protection

Digital Health Systems

Software solutions and analyticalcapabilities needed to assimilatebig data

/ Storage and algorithmic processing ofmassive health data

/ Data analytics

/ Genomics

/ Precision medicine

/ Decision support tool

Healthcare Analytics

Medical and public health practicesupported by mobile devices,patient monitoring devices,personal digital assistants andother wireless devices

/ Personal health app (psychological,genetic diseases, etc.)

/ Wellness mobile app (nutrition, physicalactivity, etc.)

/ Life environment analysis

/ Wearables devices

mHealth

4main sub-segments

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© WAVESTONE 7Restricted distribution

What does the eHealth market look like?

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Key figures

$14.6bnAmount raised by health start-ups

worldwide in 2018

$123b2017

$423b2024

Global eHealth market value

20%Annual growth

rate

> 318,000Number of digital health apps available

200/day being added

127,400People working in HealthTech in the UK

in 3,860 companies

£30bnNHS funding gap forecast to reach by 2020-2021

2nd

most attractive country for digital health solutions, behind the USA

The UK is ranked

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Main market drivers

Increasing government initiatives supporting the use of eHealth solutions

Set up regulations that supervise and promote eHealth solutions (example: reimbursement of digital therapeutics)

High prevalence of chronic diseases

Remote uses (monitoring, telemedicine, etc.) could be an opportunity to face long term diseases

Shortage of healthcare professionals

A shortage of 15 million health care workers worldwide is expected by 2030

Health sector context

Growing need to manage regulatory compliance

New eHealth solutions bring concerns about rights to privacy, data protection and cybersecurity concerns

Rising usage of big data and AI

Health AI market is estimated to increase from $630M (2014) to $6.6B (2021)

Technological challenges

Need to curtail the escalating healthcare costs

eHealth presents new opportunities to reduce costs and increase efficiency

Shift towards patient-centric healthcare delivery

The Health system operating model is changing

Care pathway issues

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What is the future for eHealth?

TrendsShift to a patient-centric approach

› Patients are becoming more engaged in their carepathway

Changes in the health expense management system

› Outcomes-based care is moving to centre stage

Key PointsThere is fierce competition and new

contenders

› Headed by big pharma & web giants companies

The market is booming; it needs control and we need to adapt as it

evolves

› Set up regulations and support key players in the compliance process

ChallengesImproving the adoption of eHealth solutions at scale

› Towards healthcare organisations, clinicians and patients

Enabling access to eHealth solutions for all

› To all social demographics and people around the world

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© WAVESTONE 11Restricted distribution

How did we build the 2019 UK eHealth Start-Up Radar?

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© WAVESTONE 12Restricted distribution

2019 UK eHealth Start-Up Radar: Methodology & Criteria

Online research to

gather start-up info

Market watch on eHealth start-ups

Email contact with start-ups to verify info

Our Criteria

Less than or equal to35 employees

Founded in the last7 years

Headquartered in the UK

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© WAVESTONE 13Restricted distribution

The 2019 UK Start-Up Radar

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© 2019 Wavestone. The eHealth Start-up Radar (layout) is a property of Wavestone. Individual start-up logos are property of their respective owners.

The 2019 UK

eHealthSTART-UP radar

by

RECORDS & HEALTH MANAGEMENT

SYSTEMS

TELE-HEALTH &TELEMEDICINE

DATA ANALYSISAPPS, SERVICES & WEARABLES

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© WAVESTONE 15Restricted distribution

MarseilleNiceCambridge

London

“The golden triangle”

An eHealth Hub

Newcastle

A dense ecosystem with London hosting

73% of start-ups

CAMBRIDGE

LONDON

OXFORD

8

5

24

Oxford

Keighley

Saffron Walden

Farnham

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© WAVESTONE 16Restricted distribution

Tele-Healthcare Start-UpsCONTACT

https://www.chronomics.com/

https://myhometouch.com/

https://immedicare.co.uk/

https://www.spill.chat/

https://videodoc.ie/

https://vitl.com/

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© WAVESTONE 17Restricted distribution

mHealth Start-UpsCONTACT

https://bounce.works/

https://www.changinghealth.com/

https://www.exseedhealth.com/

https://www.fitwell.co/

https://forwardhealth.co/

https://www.healthera.co.uk/

https://kokoon.io/

https://www.manual.co/

https://ovrhealth.com/

https://qured.com/

https://raremark.com/

https://snoozeal.com/

https://vida.co.uk/

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© WAVESTONE 18Restricted distribution

Healthcare Analytics Start-UpsCONTACT

https://behold.ai/

https://www.bios.health/

https://www.draperanddash.com/

http://feebris.com/

https://www.iamyiam.com/

https://lifebit.ai/

https://okra.ai/

http://www.optellum.com/

https://outcomesbasedhealthcare.com/

https://www.oxfordheartbeat.com/

https://www.wlab.io/

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© WAVESTONE 19Restricted distribution

Digital Health Systems Start-UpsCONTACT

https://medicalchain.com/

https://www.weareoncare.com/

https://sanogenetics.com/

https://www.accurx.com/

https://www.healthyhealth.com/

https://locumsnest.co.uk/

https://www.medbelle.com/

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© WAVESTONE 20Restricted distribution

PARIS

LONDON

NEW YORK

HONG KONG

SINGAPORE *

DUBAI *

SAO PAULO *

LUXEMBOURG

MADRID *

MILANO *

BRUSSELS

GENEVA

CASABLANCA

ISTANBUL *

LYON

MARSEILLE

NANTES

* Partnerships