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Hungarian e-Health startup landscape

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Short summary of the background behind the evolution of Hungarian e-Health startup landscape. First I highlighted a fact than show a startup example. Also at the end there is the Debrecen (Hungary's second biggest city) example of a working startup ecosystem.

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Hungarian e-Health startup landscape

  1. 1. Hungarian e-Health startup landscape Máté Rab e-Health expert Managing Director, DTMP Nonprofit Ltd. 16.02.2017 | BelgaBiz e-Health Seminar
  2. 2. Fact #1 Patients get health-related information online
  3. 3. 3 Information source and relevance GP (General Practitioner) 5,5 Specialist 5,9 Pharmacist 4,9 Health portal (e.g. Webbeteg.hu) 4,5 Friends, family members, acquaintances 3,8 -12% -8% -21% -22% -37% 77% 81% 60% 43% 23% Rather not credible (1-3) Rather credible (5-7) 96% 95% 91% 83% 82% Source: Szinapszis research | April 2016 | N=611 TOP 5
  4. 4. 4 Digital records – Laborom Cloud based medical organiser to assist you during your therapy, making life with a chronic disease easier. Digital Medical History App  50.000+ patients worldwide  From 188 countries  11 languages available
  5. 5. Fact #2 Doctors are digitalized
  6. 6. 6 Country % of household with broadband internet access Total mobile phones (million) Mobile phone per capita Total internet users (million) Percent of population Source: The World Factbook; Internet Live Stats; Eurostat, The World Bank Bulgaria 59% 9.9 M 1.37 4.2 M 59% Estonia 87% 2.1 M 1.62 1.2 M 91% Bosnia and Herzegovina 14% 3.5 M 0.90 2.3 M 62% Croatia 76% 4.5 M 1.00 3.1 M 74% Latvia 74% 2.5 M 1.26 1.5 M 76% Lithuania 67% 4.4 M 1.52 2.2 M 77% Serbia 20% 9.3 M 1.30 4.6 M 54% Hungary 75% 11.7 M 1.18 7.9 M 80%Slovenia 78% 2.3 M 1.17 1.5 M 72% Slovakia 78% 6.4 M 1.17 4.5 M 83% Digitalization in Central and Eastern Europe
  7. 7. 7 MedNetTrack – Doctors’ digitalization OWN WEBSITE 2013 HEALTH PORTAL MEMBERSHIP COMMUNICATION WITH PATIENTS 2015 13% 14% 2013 2015 49% 28% 2013 2015 61% PROFESSIONAL USAGE OF SOCIAL MEDIA 2015 35% 2015 16% The number of doctors communicating online with the patients are getting significantly higher. Source: Szinapszis research | 2015 | HU GP: N=99; HU SPEC: N=108 69%
  8. 8. 8 Learning online Human Anatomy Atlas on mobile The world’s first social anatomy atlas application.  10.000+ downloads  Own profile, med friends  800+ pictures, full human atlas  Android, iOS, Windows, PC
  9. 9. Fact #3 Private healthcare getting significant
  10. 10. 10 Reasons behind private healthcare 64% 51% 47% 6% 29% 31% 31% 7% 18% 22% 93% Less waiting time Higher quality of service Personalized attention Other Mainly this Rather this None of them Source: Szinapszis research | March 2014 | N=1005 „Why have you / would you paid for private healthcare?” 55+ PEOPLE 151-300K HUF WOMEN MAX 35-YEAR OLD 151-300K HUF WOMEN MAX 35-YEAR OLD HIGHER DEGREE ACTIVE MAX 35-YEAR OLD SECONDARY DEGREE BUDAPEST Above average
  11. 11. 11 Science for babies Personalized IVF. Science for babies. Personalized IVF, where the implantation window is determined with a simple test.  +20% chance of getting pregnant  Unique methodology  International expansion
  12. 12. Fact? There are more place for e-Health startups
  13. 13. 13 Booster for the ecosystem  JEREMIE Funds: 70% from EU, 30% from private investors  Investment all over Hungary, except the country's Central Region  2013-2016: 130 billion HUF (more than 420 million EUR) for 26 Fund Managers  From 2017: 150 billion HUF (480m EUR) will be invested by far less Funds  1st step: Hiventures got 50 billion HUF (160m EUR) to invest into ~800 startups  Incubation: 10-20k EUR  Seed: 100k EUR  Startup: 200k EUR
  14. 14. 14 iKnife: Great idea + Investment = Exit iKnife (or OncoKnife) is a surgical knife, which tests tissue as it contacts it during an operation, and immediately gives information as to whether that tissue contains cancer cells.  Started at Semmelweis University  400 million HUF investment  Successful exit to Massachusetts Waters Corporation
  15. 15. 15 Healthcare investments Worldwide vs Hungary AngelList 13.02.2017 All Health Care Health and Wellness Life Sciences Mobile Health All Health Companies 2 656 808 15 574 0,59% 8 427 0,32% 7 401 0,28% 1707 0,06% 33 109 1,25% All Jeremie Funds 26 Funds with Healthcare investments 14 Rate 54% Number of Healthcare investments 53 Rate 24% Aggregated rate of HC Investment / All Investment 13% 20% 18% 16% 14% 10% 6% 6% 4% 6% MedTech Healing LaborTech Diagnostic Research Education Doctor-Patient comm. Adherence Other !
  16. 16. 16 Reconnect with your autistic child Picture-based communication for autistic children to maximize their independence.  Winner of CEE Women Startup competition  Easy to use, innovative
  17. 17. 17 Ecosystem Map of connections and programs of the local underground ecosystem in Debrecen, Hungary.
  18. 18. 18 Ecosystem Debrecen has/had:  Huge university, strong economy, well-paying jobs  Thought-provoking website  Monthly and yearly meetups, conferences  Startup training program  Coworking offices (2!)  Incubator, investor What do we need?  More Startups 
  19. 19. Whowillbethenextsuccess? Digital Medical History App Lady's Diary Period Tracker 19 Examples World’s First Diagnostic Chatbot Personalized IVF. Science for babies. Intelligent Dental Software, 3D anim. Human Anatomy Atlas on mobile Virtual Patients. Real diagnostic experience. Voice controlled eyewear for the visually impaired Tep – Motivational Activity Tracker Doctorslearningonline Privatehealthcaresolutions Patientsgetdigital
  20. 20. Thank you for your attention! Máté Rab Managing Director DTMP Nonprofit Ltd. +36 30 381 0830 mate.rab@dtmp.hu
  • MateBalogh2

    Mar. 24, 2019
  • CarlosEduardoSpezinL

    Mar. 16, 2017

Short summary of the background behind the evolution of Hungarian e-Health startup landscape. First I highlighted a fact than show a startup example. Also at the end there is the Debrecen (Hungary's second biggest city) example of a working startup ecosystem.

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