The first half of 2018 saw record private equity investment in the healthcare sector. At the heart of many of those deals: big data, and the sector’s desire to grapple with data that’s piling up in droves.
Jonathan Simnett of Hampleton Partners, sums it up in this post on Realwire:
Billions of individual electronic health records (EHR) are replacing paper files and the data from decades of medical research and clinical trials need to be stored. Data management and analytics platforms and medical collaboration software are in demand to take advantage of the huge potential the data revolution offers to advance medicine.
Jonathan Simnett, director and healthtech sector principal, Hampleton Partners, said:
“The data revolution is helping transform healthcare and is offering individuals, as well as clinicians, the opportunity to track, manage and improve health states in real-time by using healthtech wearables and personalised apps.
“These trillions of health and well-being data points all need monitoring and analysing to provide the effective diagnostics that practitioners need to improve outcomes. Hampleton expects companies expert in big data analytics, and those using new technologies such as blockchain and artificial intelligence, which increase the effectiveness of healthcare services, are going to be in demand going forward.”
