Top-Funded Digital Health Companies Offering Services for Type-1 Diabetes Patients: Business Models and Scalability Considerations

Marc-Robin Gruener, Jessica Helbling, Hyungmin Koh, Victoire Stalder, Tobias Kowatsch, Tobias Kowatsch, Tobias Kowatsch

2023

Abstract

This paper aims to assess how the top-funded digital health companies in T1DM can create value for customers and which implications this has in terms of scalability. Med tech companies, academia, and policymakers should be able to make better strategic decisions based on the findings provided. Companies were identified using a leading venture capital database, PitchBook. Our analysis revealed that 50% of the thirty top-funded companies pursue a Layer Player strategy to generate value for T1DM patients. We recommend that companies in T1DM focus more on automated services such as conversational agents to improve scalability. In terms of scalability, many companies have room for improvement by increasingly relying on automated services, among other things.

Paper Citation

in Harvard Style

Gruener M., Helbling J., Koh H., Stalder V. and Kowatsch T. (2023). Top-Funded Digital Health Companies Offering Services for Type-1 Diabetes Patients: Business Models and Scalability Considerations. In Proceedings of the 16th International Joint Conference on Biomedical Engineering Systems and Technologies - Volume 5: Scale-IT-up, ISBN 978-989-758-631-6, pages 603-608. DOI: 10.5220/0011777300003414

in Bibtex Style

@conference{scale-it-up23,
author={Marc-Robin Gruener and Jessica Helbling and Hyungmin Koh and Victoire Stalder and Tobias Kowatsch},
title={Top-Funded Digital Health Companies Offering Services for Type-1 Diabetes Patients: Business Models and Scalability Considerations},
booktitle={Proceedings of the 16th International Joint Conference on Biomedical Engineering Systems and Technologies - Volume 5: Scale-IT-up,},
year={2023},
pages={603-608},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0011777300003414},
isbn={978-989-758-631-6},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 16th International Joint Conference on Biomedical Engineering Systems and Technologies - Volume 5: Scale-IT-up,
TI - Top-Funded Digital Health Companies Offering Services for Type-1 Diabetes Patients: Business Models and Scalability Considerations
SN - 978-989-758-631-6
AU - Gruener M.
AU - Helbling J.
AU - Koh H.
AU - Stalder V.
AU - Kowatsch T.
PY - 2023
SP - 603
EP - 608
DO - 10.5220/0011777300003414