Full body scans: new emerging HealthTech sub sector will be 'one to watch in 2024'
There is a growing interest in full body scans among healthtech startups and investors. These scans can be used to detect a variety of health conditions, including cancer, heart disease, and diabetes. They can also be used to track changes in health over time.
> One of the most notable investments in a full body scan healthtech startup is the $65 million Series A funding round that Neko Health raised in July 2023. Neko Health is a Swedish startup that has developed a proprietary full body scanning system that uses AI to detect a variety of health conditions. The company plans to use the funding to expand its operations and bring its scanning system to more people.
> Another notable full body scan healthtech company Butterfly Network, has raised a total of $530M in funding over 5rounds and listed on the NYSE on Feb 16, 2021 valued at $1.5 Billion.
> The investment in full body scan healthtech startups is a sign of the growing potential of this technology. As the technology continues to develop, it is likely that we will see even more investment in this area.
Here are some of the factors that are driving investment in full body scan healthtech startups:
> The increasing prevalence of chronic diseases. Chronic diseases are a major burden on the healthcare system. Full body scans can be used to detect chronic diseases early, which can help to improve outcomes and reduce costs.
> The aging population. The global population is aging, and this is leading to an increase in the demand for preventive healthcare services. Full body scans can be used to assess the overall health of older adults and identify potential health problems.
Overall, the investment in full body scan healthtech startups is a positive development. This technology has the potential to improve the health of millions of people and reduce the cost of healthcare.
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