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Average Multiples and Key Drivers of Digital Therapeutics (DTx) M&A deals in 2023

Lloyd Price

Software-driven: DTx products rely on software algorithms and digital technologies to deliver therapeutic interventions, such as behavioral modification, cognitive training, or symptom management tools. DTx products can be used to provide remote care, which is essential during a pandemic when in-person visits are limited.

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Nordic HealthTech: one of the most dynamic and innovative in the world

Lloyd Price

The use of telemedicine to provide remote care: Telemedicine is the use of telecommunications technology to provide medical care remotely. It has become increasingly popular in recent years, as it allows patients to receive care from doctors without having to travel to a clinic or hospital.

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Digital Health v HealthTech: What is the difference?

Lloyd Price

Software: This includes software that is used to manage patient records, provide remote care, or deliver educational content. Telehealth: This is the delivery of healthcare services remotely, using technology such as video conferencing or phone calls. Examples include pacemakers, insulin pumps, and surgical robots.

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The Future of Healthcare: Remote Patient Monitoring and Digital Health Trends in 2024

DrKumo Remote Patient Monitoring

Additionally, integrating telemedicine with RPM allows for comprehensive remote care, where patients can receive consultations and ongoing monitoring without leaving their homes. For example, VR is used to create immersive training environments for surgeons, allowing them to practice complex procedures in a risk-free setting.