In 2020, the World Health Organization negotiated and adopted the 《Global Strategy for Digital Health Care 2020–2025》which aims to improve the health of all people everywhere. And by enabling digital health care technologies to be used by consumers, health professionals, health care providers and industry to strengthen health systems, empower patients, and realize the vision of health for all.
Global healthcare financing hits record high
Annual growth rate 70%
Global healthcare financing events hits record high
Annual growth rate 63%
Encouraged by the IPO boom and large-scale M&A transactions in 2020, global healthcare financing in 2021 continued the splendor of the previous year: the total amount reached a record high, and the increase was the highest in the past three years; in 2021, there will be 360 financing transactions of over US$100 million, accounted for as high as 10%. In addition, various sub-sectors have begun to recover strongly: the biomedical field has continued to top the list; under the background of the epidemic, the advantages of digitalization are obvious, and the field of digital health has continued to receive large amounts of financing.
In 2021, a total of 3,591 financing events will occur in the global medical and health industry, and the total financing amount will reach a record high of US$127.1 billion, with an annual growth rate of 70%; financing events will also increase by 1,395, with an annual growth rate of about 63%. At the same time, Q1 2021 also set a new high of about $33.7 billion in single-quarter financing.
The catalytic effect of the new crown epidemic on the influx of medical and health capital is still in effect; and with the progress of epidemic prevention work and resumption of work and production, and since the epidemic, the government, industry and the public have deepened their understanding of vaccines, online medical care and other fields , the enthusiasm of capital for the medical and health industry has not diminished. The development of digital health track continues to be hot.
Significant growth in investment and financing in the digital health sector
Annual growth rate of nearly 89%
In recent years, driven by the new crown epidemic, the influence of telemedicine, Internet medical and other industries has continued to spread. The total financing in the digital health field in 2021 will increase by about US$17 billion compared with 2020, exceeding the total financing last year, and the annual growth rate is nearly 89%.
The financing heat of digital health has exploded in an all-round way
In 2021, the financing heat of overseas digital health will break out in an all-round way, with a total of 115 financing events throughout the year, and the cumulative financing amount will exceed 3.4 billion US dollars.
Since 2015, the global digital health has maintained a growth trend, especially in the past two years since the outbreak of the new crown epidemic, under the influence of unstable factors such as changes in working methods and medical procedures, the demand for digital health services has surged. The accelerated construction of medical digital infrastructure represented by this has greatly stimulated the development of the digital health market.
In addition, in the vertical field of overseas digital health classified by indication, the digital health start-up companies of physical and mental health services have also maintained their leading position since 2018, and have also widened the gap with other clinical indications, exceeding at least $2 billion.
In 2021, nearly 50 medical and health data-related transactions have completed financing totaling more than $3.6 billion, more than three times the amount in 2020.
VR (Virtual Reality), AR (Augmented Reality), MR (Mixed Reality) and other technologies show value in medical imaging, medical education, telemedicine, rehabilitation training, etc., which are conducive to optimizing traditional medical procedures and improving medical effects.
The medical and health industry has pain points such as poor traditional equipment, lack of medical resources, obvious geographical gaps and lack of professional talents. Virtual imaging technology represented by VR/AR/MR breaks the boundary between the digital virtual world and the physical real world. Wearable interactive devices can provide relevant information and corresponding solutions in a timely and accurate manner based on specific scenarios, which is conducive to optimizing traditional medical procedures, improving medical effects, and reducing the workload of medical staff.
In the past, the data of electronic medical records were scattered in various hospitals, patients could not obtain their own medical records, and doctors could not understand the medical history of patients in detail. After using Metaverse-blockchain technology to store electronic medical records, patients can actively master their own medical information, such as the doctor's diagnosis and various inspection indicators.
Everyone can have one or more digital identities in the metaverse, and each digital identity is as unique as you are in reality. We will communicate with other people's digital identities as in reality, and the barrier-free access is equivalent to all social experiences in reality; in the metaverse, we can experience a very realistic immersive experience from the senses, reaching "You're in the metaverse, but you don't feel like you're in the metaverse"; anyone can connect to the metaverse at any time and place, just as easily as we now take out our mobile phones from our pockets to surf the Internet; human beings are in the After time precipitation and the formation of consensus in the metaverse, a branch of human civilization - digital civilization will gradually be derived.
Facilitate sharing of personal health information
Previous personal health information is kept in the hands of the platform operator. The public has no way of knowing the details of where their health information is going, and making it difficult for doctors to provide it. The use of blockchain technology in a data sharing platform allows patients to understand which institutions and individuals have access to their health data. Although the patient's health data is not actually stored in the blockchain, the permission to obtain these data can be shared in the blockchain, thereby promoting research on the permission of sharing medical data. The platform utilizes the decentralized and anonymous features of blockchain technology to ensure the security and privacy of personal health information. Ordinary users can get a certain amount of economic compensation for providing their health data to the platform, and those very valuable research information can be identified through the blockchain, so that more rewards will be given to data providers to motivate them to continue provide these health information.
Metaverse introduces wireless communication technology, AI, chips, etc., to create a home fitness platform entrance. Metaverse Gym supports users to use fragmented time to exercise anytime, anywhere, interact with coaches online through somatosensory equipment and detection indicators, and support virtual identity to join virtual communities, PK and communicate with fitness enthusiasts, and a fitness scene full of technology has appeared.
With the popularization of digital medical devices and the use of the Internet, potential vulnerabilities of some medical devices are also exposed to hackers. Leveraging blockchain to obtain information about the effects of patient-provided treatments from home devices, wearables, or home healthcare providers is one way to broaden the scope of adverse event safety monitoring.
Using the Internet of Health Things (IoHT) technology, it focuses on the field of personal health, mainly including wearable devices that monitor sleep, heart rate, blood pressure and other indicators. Similar to the defects of medical devices and medical supplies, loHT is vulnerable to hackers and leaks of patient privacy. Since health monitoring devices are primarily patient-centric, loHT is a more serious safety threat. Combining loHT with blockchain, based on a personalized guidance application for healthy eating and sleep, collect and process patients' health data and eating habits information in an anonymous form, and reward users with an anonymous health token to motivate users Develop healthy habits.
The Metaverse Personal Health Companion can reduce the burden on doctors and bring more convenience to patients. Through artificial intelligence analysis and processing of large amounts of medical data, in order to provide users with personalized advice. In the future, 3 artificial intelligence-based natural language processing modules will also be launched, including "genomics" (genetic research), "phenotype" (physical property research) and "expoomics" (environmental impact research) ). Genomics can provide more in-depth support for the diagnosis of cancer and rare diseases; phenotyping predicts the user's age, height, weight, gender and body mass index (BodyMassIndex, BMI) through the face to guide users in making health decisions; exposure Omics analyzes the factors that cause disease and health deterioration through the study of surrounding environmental data such as air quality and water pollution.
In the centralized database, a large amount of medical information is stored centrally, which brings convenience to hacker attacks. The decentralized blockchain database can realize the linkage of multi-network nodes and the security protection of data. Because the personal information of patients is often recorded in medical outlets, it cannot be shared in the entire medical system, so it has virtually set up huge obstacles for patients to seek medical treatment and doctors to diagnose. Use blockchain technology to store medical and health data and restore it from any node around the world. Using blockchain technology, data can be disseminated internationally in the form of peer-to-peer file sharing technology similar to BitTorrent. In case of network failure, data can be recovered from local nodes.
Digital creation, digital assets, digital markets and digital currency support the entire Metaverse economic system, thereby meeting the digital consumption needs of Metaverse users.
In the metaverse, people create digitally, producing digital products as tradable commodities. In the field of digital health, user behavior analysis, health big data, anti-counterfeiting traceability, etc. can provide value for the supply side (medical institutions) and the demand side (patients), and share and circulate in this market field through digital currency.
Digital assets in the metaverse have property rights and can be traded as commodities. Digital assets are closely linked to the value system and encryption system of the Metaverse. Through encryption, data can be capitalized, and people can verify and confirm transactions through a consensus mechanism, leaving a record of transaction behavior that cannot be tampered with, thus illustrating the Metaverse. of participants complete the confirmation of rights to digital products and establish digital assets.
The digital market is the market for the exchange and application of digital products and is the core of the entire digital economy. The digital market provides users with an exchange of digital products, and the products traded, the creation process and the actual transaction are all completed in the metaverse.
Through the use of blockchain decentralization and other technologies, Metaverse has its own currency system, and users can complete production and business activities in the Metaverse to obtain digital currency to meet their own digital consumption.
With the continuous development of technology, the upgrade of communication and computing power, VR/AR equipment and artificial intelligence, the future metaverse experience and interactive forms will become more immersive, and digital health will also make great progress, based on the immersive experience platform The foundation of the platform will be expanded to more experiences, and some traditional medical fields will eventually be transferred to the virtual world. The penetration rate and use market of the platform will be further improved, and the interaction between different platforms will be realized, thus entering the digital virtual symbiosis era of thousands of industries.