E-Health is an encompassing term for the combined use of electronic information and communication technology in the health sector. This term refers to that technology used for clinical, educational, research, and administrative purposes, both at the local site and across wide geographic regions (Cashen, Dykes, & Gerber 2004). E-Health can be frequently referred to as Health IT. Connected health comprises of acute and chronic patient monitoring devices, wearables, and activity trackers.
The outlook for the e-health sector in France is positive and poised to grow in the next 5 years. The public sector and government are very supportive of e-health and the French population is demanding innovation in this space. Despite a growing number of startups and public support, the sector is nonetheless having trouble taking off.
Here are 10 key figures about the e-health sector in France:
- The market potential for e-Health in France is estimated between 2 and 3 billion euros per year
- The market for connected devices will reach 15 to 23 billion euros by 2020-2025
- 30% of the market players are startups with less than 1 million in revenue
- There are 370 SMEs in the Paris Region innovating in the health sector
- Between 28,000 and 38,000 people are employed in the e-health sector in France, 15,000 of which are in telemedicine
- 59% of French people believe that connected health devices are too expensive
- 73% of French people are convinced in the benefits of IoT and connected devices for preventive care purposes
- 82% of insured French people would like to access their electronic medical health records, only 13% actually have access today
- 80 million euros have been invested to support the e-health sector in France, in the context of a dedicated program around digital care
- 66% of pharmacies say they are ready to sell connected health devices, 50% have already sold some
The Open Innovation Club will be hosting a TechMeeting on Connected Health, October 18th in Boston. The purpose of this event is to foster business opportunities and synergies between French and American organizations, from startups, to corporations, to health care providers, insurance companies and other research organizations.
One of the startups that will be presenting is Eyenetra, Rahul Modi will be joining us to share their story. As an early-stage startup spun out of MIT’s famed Media Lab, EyeNetra is pioneering the mobile-health revolution with a focus on disruptive vision diagnostics. Over 4.2 billion people across the globe require eyeglasses of which more than half are still uncorrected today. Eyenetra is deeply committed to extending the reach of vision care to empower both the patient and provider alike by improving access and delivering smarter solutions via affordable cutting-edge technology. EyeNetra is backed by top-tier Silicon Valley investor Vinod Khosla and the largest vision insurance provider in the US.
Other startups participating are:
The event will also feature a panel discussion with
Join us for this event and get your tickets here.