Health technology is the fastest growing subsection within the health sector as well as the second most profitable sub-set in the tech sector. In 2020, the UK health technology sector received venture capital investment of $2.3bn, the third-highest globally. When considering both growth and investment across the broad spectrum of categories in the UK tech sector, the health technology sub-set is second, only after fintech.
Between 2016 to 2021, the combined value of European health technology has increased by more than 500%, reaching $41bn. The UK alone is expected to be worth as much as $36bn, though figures vary. Finally, the UK is by far leading other European countries when it comes to research within the health-tech sector.
OggaDoon is a digital marketing and PR agency, specialising in green-tech, cyber-security, property and health technology – the experience gained in the latter means that we are well versed to share some thoughts on what makes a ‘one to watch’ on the health technology circuit. So, let’s get to it! Here is our top 10 list of the health technology companies to watch in 2021.
Read the full OggaDoon article recently published in Start Ups Magazine.