HealthTech Industry Update

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Alongside our round-up of the latest happenings in healthtech, today our Winter Sale for GIANT Health 2019 begins, with an exclusive discount for our newsletter subscribers. 

Barry and the GIANT Health team

HealthTech News

Diabetes management in the spotlight
Due to the increase in prevalence of obesity, and associated metabolic diseases, diabetes management has recently attracted significant investment.

The global market for digital diabetes management, which is estimated to be worth $6.8 billion in 2019, is forecast to grow almost threefold in the next five years to $19.9 billion.

A large part of the market is in wearable and handheld devices for continuous glucose monitoring, and smart insulin pumps and patches.
EU ePrescriptions

The European Union has given the go ahead for the first ePrescriptions to be issued.

Seen as an extension of the freedom of movement across member states, ePrescriptions enable travellers to retrieve medicine from a pharmacy abroad, with a prescription issued by a doctor at home.

Finnish patients can now use these cross-border, digital prescriptions to get medication from Estonian pharmacies.

Fundraising in HealthTech

Kaia Health, Germany
  • $10 million
  • Series A
  • Led by Balderton
Kaia's apps are designed to help users relieve chronic back pain in the home, using a combination of guided physical exercises and meditation.

The new capital brings its total raised to  $14 million and will be used to fund further clinical studies and to open a new office in New York.
Modulated Imaging, US
  • $7 million
  • Series B
  • Led by Pangaea Ventures, with Fresenius Medical Care Ventures, Grey Sky Venture Partners, Mitsubishi UFJ Capital Co, and Fouse KK.
Modulated Imaging produces optical imaging solutions for noninvasive assessment of tissue health.

The primary purpose of the investment is to fund commercialisation of its Clarifi Imaging System.

GIANT Health Event 2019

15-16 October 2019
The GIANT Health Event returns in October 2019. We're gathering the global healthtech community for our energising annual two-day festival, celebrating advances in healthtech.

We connect startups, investors, clinicians, and major corporates together in one of the world's leading cities for innovation. Join us and meet your future collaborators, partners, customers, investors.

With hundreds of speakers, and thousands of visitors, find your inspiration.

Winter Sale

28 January - 10 February

Our winter sale is on! 

Exclusively for our newsletter subscribers, get a huge discount on tickets to GIANT Health 2019 with this special code.
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