Publicado em July 31, 2020

How did COVID-19 become a health tech accelerator? - By Vínicius Moura

The urgent need for solutions to the pandemic is linked to AI technologies for the diagnosis and real-time monitoring of coronavirus

Recently at a lecture, NYU professor Scott Gallaway said that, due to the process of social distance generated by the pandemic, several companies have accelerated the digitalization of their processes and evolved the equivalent of 10 years in 8 weeks.

Despite the global crisis brought about by the coronavirus, it is evident that sectors such as e-commerce and healthtechs are taking advantage of opportunities and attracting the focus of investors. As an example of this, we have Amazon, reaching a historical maximum ($ 1.65 trillion) of its quotation on the American stock exchange and the VC`s sector, breaking a record in health technology investments.

According to the Preqin report, 2019 ended with $ 19 billion in investments in the health tech sector, a rate lower than 2018, where it accounted for a total of $ 20 billion invested. However, the first quarter of 2020 leads us to believe that the sector will grow again, leveraging the new demands that the pandemic has brought us. Investments in the sector increased 76%, when compared to the 1st quarter of 2019.

Solutions that use artificial intelligence, are among the main bets of VCs. Countries like China already have AI technologies for diagnosing and monitoring coronavirus in real time, and they also have smart condominiums with robots that deliver food to your door.

With the health and financial crisis unfolding with the pandemic, it became even clearer to the market that there is room for entry, expansion and acceleration of new solutions and technologies, especially after the pandemic exposes old bottlenecks in the sector:

· Accessibility to a reliable multidisciplinary team;

· Patient engagement and education in self-care;

· Comprehensive Coordinated Care;

· Expansion of Telemedicine services;

· Science and Scientific Community;

· Data integration;

 However, we must not forget that the health area, unlike other sectors, has a very tenuous line in the provision of services, especially when we mention the difficulties in the journey of caring for a patient.

In this way, certainly the entrepreneurs who are able to use the different technology tools, such as big data, artificial intelligence, machine learning, telehealth, blockchain and others, in a structured and integrated way with the “new” assistance needs, will be able to go ahead to meet society's demands.

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