Partnerships have become the cornerstone of innovation in digital health, enabling corporates and startups to collaborate on cutting-edge solutions that transform patient care. While the number of partnerships has grown significantly with companies now reporting 6-10 collaborations in the last two years, success remains elusive, with only 15% of partnerships achieving their goals.

The “Partnerships in Digital Health 2024” report presents the findings from a comprehensive global survey of 812 digital health leaders, offering a pulse check on how partnerships are formed, managed, and optimized.

Some of the Key Findings:

Popular Collaboration Areas: Telehealth (43%) and remote patient monitoring (41%) dominated the past two years, while interest in digital therapeutics partnerships dropped to 16%.

Challenges Persist: Mismatched expectations, lack of a clear strategy, and inefficient resource allocation continue to hinder success, with 55% of partnerships citing poor strategic alignment as the primary barrier.

Emerging Models: Corporates are moving away from joint development toward venture-client and licensing models, while startups are focusing on providing ready-made solutions to streamline partnerships and reduce risks.

The report also identifies critical steps for enhancing partnership outcomes, such as shifting resources to pilot management, improving decision-making processes, and implementing robust project management tools.

Whether you are a corporate executive, a startup founder, or an investor, this report provides a detailed roadmap for navigating the complexities of digital health partnerships and unlocking their full potential for innovation and growth.