Digital natives like Apple, Google, Amazon and Tencent are investing millions of dollars in new healthcare platforms. An example includes Verb Surgical, a start-up by Johnson & Johnson and Alphabet. It is combining robotics and machine learning to improve surgery.
With new solutions comes the need for companies to modernise their data pipeline and architecture. Bain and Company's research shows that profit margin for analytics firms in healthcare averages 21%, and the profit for digital healthcare solutions will increase significantly in the next five years. This summaries the insight by Bain and Co Partners: Christoph Schlegel, Reynold Strossen and Vikram Kapur.