UK drives global HealthTech sector growth

In this article, dealmaking business, the GS Verde Group examine the state of investment in the UK HealthTech market. Exploring the latest trends, as indicated by data platform Beauhurst in a recent report, UK HealthTech investment is driving global growth in the sector.

It will come as no surprise that there has been substantial global demand for HealthTech solutions in the last two years. A term most often used to describe any technology-enabled solution for out of hospital or general practice healthcare, this technology sector provides a way of treating and monitoring illnesses through remote digital health interventions.

With the global market thriving, it is encouraging to see the UK drive growth in the global HealthTech sector, with London being a leading hub within the industry. In fact, UK Tech News reported that across the UK and US, over $51.3b in funding was raised for the HealthTech sector in 2021. This total marks a 280% rise since 2016.