European Health & Biotech
2021 half-year update
1 July 2021
Today’s data will
be available on
Healthcare shifting gears
Investment in European Health & Biotech
Table of contents.
1 Healthcare shifting gears
Page / 5
1. Dealroom analysis of Eurostat and OECD data. Chart Inspired by LocalGlobe presentation.
Monthly household expenditure in Europe (1)
Healthcare is one of the largest spending categories for households. But almost all
spending is indirect (insurance & tax). Consumer influence is limited, but growing.
out-of-pocket payments and
voluntary insurance (growing!)
Gov’t & insurers
In healthcare, it’s the insurers and governments (“payers”) that hold the power.
They want to control costs and improve outcomes — an opportunity for tech.
Page / 6
Payers want to control costs
and improve outcomes. In
order to achieve this they need
data transparency to follow the
patient journey, have
predictability and be able to
measure the ROI of
Providers want to align
themselves more closely with
Professionals want to increase
their productivity and reduce
burnout due to admin (1).
Biopharma wants to find
treatments for big markets and
bring down cost of discovering
Consumers want better
healthcare and expect it to be
more like other consumer
Source: Dealroom analysis of data from OECD, Eurostat, CMS, WHO.
1. According to Medscape, administration is the main cause of physician burnout.
In the US, employers play a big role
employers want to control their
healthcare premiums. This means
startups can go to market by striking
deals with corporates; even with a
product that does not yet have
clinical evidence. An exam