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How Tech Startups Redefine European Healthcare Ecosystem
Tech startups are emerging with innovations to catalyse the modernisation of the Healthcare industry in Europe.
FREMONT, CA: It goes without saying that startups are playing significant roles in the ongoing technological revolution that has caught every industry’s attention. Europe, being a technology hub, hosts an extensive number of these innovation-oriented tech startups. And just like every other major sector, the healthcare sector in Europe is benefitting from the arrival of tech startups in the scene. The extent of the impact that health technology startups are having in the evolution of healthcare systems across Europe has been significant in the face of rapid digitalisation.
Be it the introduction of artificial intelligence and machine learning into mainstream healthcare management systems, or the crafting of intelligent medical devices for patient care and treatment, innovative healthcare startups have been the enablers. As disruptive as telemedicine or precision treatment may sound, Europe is today on the verge of adopting them, thanks to the initiatives from these technology-first healthcare startups.
Just like any other region in the world, Europe does have its share of challenges in delivering quality healthcare services. Traditional healthcare systems are becoming inefficient and have to be converted into digital ones. By introducing affordable, technology-backed solutions like electronic health records, smart patient engagement tools, and intelligent healthcare assistants, startups are paving the way for a comprehensively digital healthcare ecosystem in Europe. By making intelligence-backed systems an alternative to manpower, healthcare startups have also displayed the potential of solving the staff crunch effectively. Besides, the regulatory hurdles that healthcare organisation face today can also be addressed through exclusive offerings from regulatory technology startups.
The perspective that startup companies have is dynamic and fresh when compared to that of traditional providers. As Europe prepares to bridge the gap between technology and healthcare, the role of tech startups is bound to be more pronounced than ever, as discussed in an article published in the Allied for Startups. Also, the funding that technology-intensive healthcare startups in Europe have received is enough evidence of the indispensable contribution that these companies are making towards the next-generation of healthcare services in the region.