Watch some impressions of the Conference here.
Dubai, November 29th: Companies that successfully deploy technology to deliver high-quality healthcare speedily and cost-effectively will attract investors, especially in fast growing markets such as Southeast Asia and the MENAT region, according to speakers at the TVM Capital Healthcare Investment Conference.
The annual conference in Dubai, which gathers international investors and corporate leaders, focused on the theme of new technology and its transformational role in the healthcare industry globally, particularly in emerging markets.
Dr. Helmut Schuehsler, CEO & Chairman at healthcare dedicated private equity firm TVM Capital Healthcare, said: “There is a big opportunity for healthcare companies to revolutionize the way care is delivered. As a specialist private equity investor, we are highly motivated to improve care, medicines, devices, diagnostics, therapies and patient journeys and act as a true catalyst for transformation. We are looking to finance the real-world application of novel technologies and support companies to go from West to East, and from East to West.”
Artificial Intelligence (AI) solutions, for example, will have a particularly large impact in the field of diagnostics, helping patients to be diagnosed much faster and with much enhanced accuracy.
“Healthcare has lagged other industries in its adoption of AI, but awareness of how AI solutions can deliver care more cost effectively and achieve better patient outcomes is rising fast. While barriers to widespread adoption remain, market participants expect the benefits of AI to materialize within 5 to 10 years. Early winners will be those that find ways to access reliable and relevant datasets, partner with practitioners to change workflows and improve the efficiency of administrative processes” said Guillaume Duparc, a Partner at L.E.K. Consulting, who in his talk touched on expectations and reality of AI in healthcare and lessons to be learnt from market activity to date.
“Emerging markets are home to much more than half the world’s population but spend way less than half on healthcare,” added Hoda Abou-Jamra, Founding Partner of TVM Capital Healthcare. “Private investors can play a significant role in improving and complementing existing healthcare systems in Emerging Asia and the MENAT region, our areas of focus. Our objective is to create profitable businesses, with societal contribution and impact coming through job creation, better and more accessible healthcare for more people, combined with a relentless focus on quality, transparency, good corporate governance, and social and environmental management.”
The TVM Capital Healthcare Investment Conference is a one day, invitation-only annual event attended by more than 100 international healthcare industry executives and investors. This year’s event was sponsored this year by L.E.K. Consulting, Morgan Lewis & Bockius LLP., Amecath Medical Technologies, Bourn Hall International MENA Ltd., Cambridge Medical & Rehabilitation Center and Manzil Healthcare Services