💥 Groundbreaking innovation does not predict success.
As promising as they may be, the vast majority of digital health technologies (DHTs) will fail to scale. Against the backdrop of an increasingly competitive and regulated environment, how can digital health entrepreneurs ensure their companies thrive?
Our latest systematic review, published in the Journal of Medical Internet Research, uncovers the key success factors for growth-stage digital health companies.
➡️ Top Success Factors:
Financial viability and market demand are essential for ensuring long-term sustainability. Meanwhile, external factors, like regulatory alignment, take on even greater importance in the digital health sector compared to broader tech industries.
➡️ DHT-Specific Insights:
Digital health companies uniquely prioritize data security, system interoperability, and regulatory compliance. Success factors also vary across categories:
▪️Digital Therapeutics thrive through close collaboration with healthcare providers, among others.
▪️Health System Software relies on affordability and integration into existing systems.
➡️ Why this matters:
This research offers a clear roadmap for entrepreneurs, stakeholders, and researchers to navigate challenges, scale effectively, and drive impactful innovation.
🙏 A big thank you to the co-authors Tobias Kowatsch, Laura Bitomsky, Marcia Nißen, and Christoph Kausch
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