Startup Ecosystem Around Digital Life Sciences

The Fourth Industrial Revolution is in full bloom. Digital technologies like artificial intelligence (AI), machine learning (ML), and robotics, to name only a few, have emerged from future fantasies. With its growing importance in our daily lives, the healthcare sector has become an important research arena for scholars and practitioners. Our research study investigates in the recent technology developments, represented by startups from the life sciences. We approached the research by understanding the interplay of digital health stakeholders forming the startup ecosystem. We have identified five clusters by studying the last decades and recent founding activities in the USA and Germany. First-mover organizations in biotechnology, medical devices, diagnostics, and IT services have guided the research. In our research study, 30 organizations have been portrayed to draw a recent picture of the digital startup landscape.