How To Best Organize Your HealthTech Business?

A new report “How to Organize a HealthTech Business?” was published by Research2Guidance. Healthcare companies have experimented with 11 main archetypes of HealthTech organizations. Archetypes have been adopted to change market conditions, but effectiveness is still lacking for most of them. Any future HealthTech team should comply with 5 challenges.

Research2Guidance published a new report “How to Organize a HealthTech Business?” which examines 11 approaches for organizing the healthtech business of pharma and medtech companies over the last 15 years.

“The way companies organize their health tech initiatives has changed significantly over the last years,” says Ralf Jahns, Managing Director of Research2guidance. “Companies have reacted primarily to the growing number of usable health tech solutions, but also to the growing scepticism regarding the economic impact of digital health solutions.”

The report shows how healthtech activities have been organized in recent years, what changes have occurred in roles and responsibilities, and what focus areas healthtech teams should be focusing on over the next 3-5 years.

Eleven organizational archetypes for HealthTech businesses are examined including Central teams, De-central teams, Carve-Outs, Innovation Hubs, Incubators, Accelerators, Partnered Accelerators, Marketplace Organizations, People Accelerators, Venture Funds, and Outsourcing structures.

The report looks at the archetype’s objectives, governance, team sizes, responsibilities, value propositions for partner companies, impact, and provides examples from implementations in Pharma and Medtech companies.

And it also unveils five trends expected to impact HealthTech over the next 3-5 years and offers recommendations to address upcoming challenges.

“Most teams have focused on scouting and selecting potential HealthTech innovation partners,” explains Melis Ince, Senior Analyst at Research2Guidance. “In the future, the focus will be more on support during the go-to-market phase, for which the teams still need to acquire new qualifications.”

The 38-page report is available on Research2Guidance’s website.