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HealthTech Month – by Jonathan Roomer

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February is HealthTech month here at KPMG’s High Growth Tech Group. In the following four weeks we will be publishing HealthTech blogs, featuring HealthTech start-ups, and hosting specialist events and drop-in sessions.

Why are we doing this? In short – because HealthTech is exciting!

Interest in HealthTech is continually growing: reflected both by the number of new HealthTech companies and by investment into the sector. In 2014, health was Google Ventures’ biggest investment area, with over 35% of their investment into HealthTech and life-sciences companies. This was a significant increase on the 9% invested into HealthTech in both 2012 and 2013.

And it’s not just Google that has been investing heavily. Rock Health reported that as of September 2014 more than $3billion has been invested in to the sector. This is well up from $1.9billion for the whole of 2013. The same report revealed that the top investment areas were analytics and big data; digital medical devices followed by tools for consumer engagement.

The UK is not being left behind. Several of the UK’s most prominent investors are investing in the sector (Inventages, DFJesprit, SEP, Advent Ventures, Index Ventures, among others). Some of the exciting investments went to Sleepio – an online CBT program clinically proven to help you sleep well without pills or potions; Concepta Diagnostics – a new all-in-one device for pregnancy and fertility testing and monitoring; and TopiVert – novel small molecule medicines as topical treatments for inflammatory diseases of the gut and eye.

Beyond investment, HealthTech is exciting for its ability to change people’s lives for the better. Technology is being used to improve all areas of healthcare, from diagnosis to treatment, appointment booking to virtual doctors. Augmented reality, wearables and new materials will bring incredible new ways to help improve people’s lives.

Want to help us celebrate all things HealthTech? Watch this space on how you can get involved!

And remember to follow @KPMGTechGrowth and me, @jonathanroomer, on Twitter for the latest news on our HealthTech month.

Want to help us celebrate all things HealthTech? It’s easy to get involved – apply to be featured on this site.


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