Supporting thedigital transformationin health tech sector
EU and ECLAC want to strengthen health systems by applying digital health technologies for consumers, health professionals, health care providers, and the industry to empower patients and achieve the vision of health for all. Digital health expands the concept of eHealth to include digital consumers, with a wider range of smart and connected devices. It also encompasses other uses of digital technologies for health such as the Internet of Things, advanced computing, big data analytics, artificial intelligence including machine learning, and robotics.
What we understand by health tech?
Digital health is the use of digital technologies for healthcare purposes. The field encompasses a wide variety of digital health technologies and subfields, including health information technology (IT), health informatics, wearable medical devices, software as a medical device (SaMD), personalized medicine, mobile health (mHealth), and telemedicine and telehealth…
What sectors are we addressing?
Health tech spans many industry verticals and is grouped into the following sectors:
Business opportunities in the health industry
Business opportunities in the health sector refer to the integration of digital technologies to enhance patient care, optimize operations, and improve overall efficiency. It is driven by advances in artificial intelligence (AI), big data, IoT, cloud computing, and blockchain. This strategy brings a range of benefits as:
Improved Patient Care – Faster diagnosis, better treatment accuracy, and remote access to healthcare.
Operational Efficiency – Reduced administrative burden and enhanced hospital workflows.
Cost Reduction – Telemedicine and AI-powered diagnostics lower healthcare costs.
Data-Driven Decision-Making – Big data analytics enable predictive healthcare.
Enhanced Security – Blockchain and cybersecurity solutions protect patient information.
Of course, this strategy has to face different challenges as:
Data Privacy & Security Risks – Cybersecurity threats to sensitive medical records.
Integration Issues – Legacy systems making digital adoption difficult.
Regulatory Compliance – Strict healthcare regulations affecting tech deployment.
Digital health business opportunities
Health Information
Digitalized records, diagnostics, dashboards
Knowledge generation
Epigenentics, epidemiologic modelling, AI/ML
Knowledge integrators
Decision aids, predictive analytics, AI/ML
Personal health devices
Mobile assessment, monitoring, tailoring
Telemedicine
Remote consults, care management & coordination
Diagnostics
Testing, analytics-onsite, remote site
Imaging
Pinpoint assessment & interpretation
Pharmaceuticals
Dose, use, titre monitoring
Implantable devices
Tracking, monitoring, triggering
Surgical
Robotic, remote site, targeting devices
Personalised therapeutics
3D printing, genetic-based tailoring
Geospatial & envrionmental
Sensors & exposure integrators
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And stay tuned for other opportunity areas upcoming!