Sonal Shah | Deloitte Center for Health Solutions

Sonal Shah is a senior manager at the Deloitte Center for Health Solutions, where she leads research projects on emerging trends, challenges, and opportunities in health care. Sonal’s research is focused on R&D and innovation, value-based care, and the impact of health care reform to life sciences companies. Sonal has a MBA in Health Care Management from the Wharton School of Business, and a Doctor of Pharmacy from Rutgers University.

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Early-stage medtech venture investment is up, driven by digitally-enabled diagnostics. But is the market ready?

Posted by Sonal Shah | Deloitte Center for Health Solutions on February 26, 2018

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This post is brought to you by Deloitte’s “A view from the Center” Life Sciences and Health Care blog

In my role with the Center for Health Solutions, I spend a fair amount of time researching technology and exploring the impact new medical devices could have on the health care sector. I generally don’t get much first-hand experience with medical devices. That recently changed.

When I told my primary care doctor about some odd sensations I had been feeling in my chest, he suggested a remote monitoring device that plugs right into my smartphone. Anytime I experienced this feeling in my chest, no matter where I was, I could put my fingers on the device and it would transmit an EKG reading directly to my doctor. He could then track patterns and get to the bottom of my symptoms. This type of remote monitoring is far more effective at diagnosing arrhythmia than having a patient travel to a doctor’s office periodically for an EKG test—not to mention the time and expense this device could save both the doctor and the patient.

Given its potential to more accurately diagnose patients and improve health outcomes, it is not surprising that digitally-enabled diagnostics like this one have been attracting venture capital investments.

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