Pitch decks are a rite of passage for biomedical startups but it can be hard for first-time founders to find good advice suitable for drug, medical device or diagnostic newcos. Unfortunately, many startups overlook the importance of financial projections in their health tech pitch deck. Before you meet with prospective investors, you might also want to think your endgame through (e.g., M&A or a stock market launch). Fyodor Biotechnologies is a leading provider of innovative medical devices that change peoples lives. Introducing your team as a part of your pitch deck is necessary. Think: what makes you and your team likely to make it? ZendyHealth uses advanced technology to open the doors of high quality health and dental providers to you. Records the default button state of the corresponding category & the status of CCPA. (Search online for diagnosis and treatment algorithm to see some examples.). Our Fundraising & Pitch Deck Templates! Tia is the new standard of care for women, they offer gynaecology, primary Care, Mental Health, and more. In this blog post, well share tips on how to create a winning MedTech pitch. Dont overhype your product. To learn more about cookies, view our. Your startup builds and commercialises a product and/or a service which solves the problem laid out on slide 2. At the end of the day, healthcare pitch decks are meant to be the vehicles to test your ideas. Download this template now! Healthcare Pitch Deck Examples Get inspired by the best healthcare pitch decks from successful startup and industry-leading companies. It has 2 main goals, this is where: Download a financial model for your fundraising and get your venture funded, Excellent 4.8/5 based on 70 reviews Download it here. If you're building a Apps startup, you must check these 6 pitch decks from successful startups in the industry. When discussing your products market, you might also want to emphasize why now is a great moment to invest in your startup. Get it now! Instead, include in your health tech pitch deck product slide things such as: The go-to-market slide explainshow you acquire your customers. Even when youre pitching for an early preclinical company, its important to have at least some idea of where youre headed and what it might be worth if you get there. A sound exit strategy shows that you know the MedTech landscape and that youre approaching your business strategically. Osso VR is a clinically validated, award-winning surgical training platform for medical device companies and practising surgeons of all skill levels. to go into the weeds in pursuit of a deal or investment and be qualified to advise a new generation of biotech and medtech founders on how to make their own pitch decks. If youre looking for inspiration on how to pitch your Healthcare startup, youve come to the right place. Your MedTech pitch deck was created for a single goal, increasing capital. Your title slide (front page) should convey your stance right off the bat. MedStack delivers patient-facing healthcare apps to market in days instead of months using the Cloud as a secure hosting environment. Sometimes, it may even make sense to go back to the drawing board and redefine your product strategy. 2) Bind You introduce your team and hint at the infusion of the cash you expect, through a download of this pitch deck. Hence, the most important part of the pitch deck can actually be defined across three major areas that investors use to scrutinize any healthcare pitch desk. Either way, you risk coming off as questionable or even unreliable. Shopify SaaS AirBnB Travel & Events Uber Transportation Fyre The slide can either include the co-founding team only, but can also include key professionals and/or advisors as well. In this blog post, we'll share tips on how to create a winning MedTech pitch. Your MedTech pitch deck is not a conference presentation. Teladoc Health provides a platform for all specialities of healthcare providers to communicate with patients via phone, video, or app. If you are launching your health tech startup, you will need a rock-solid pitch deck to impress investors, and stand out from the crowd. Backing your statements with facts, such as why the market is suitable for this product right now. Theres a fine line between aesthetically pleasing slides and over-produced eye candy, and we find most serious healthcare investors are turned off by decks that look too slick. The most successful biotech and medtech pitches are informative, uncluttered, and easy to read, but dont make it seem like you spent more time making slides than data. As long as a pitch deck covers the key elements, its rare for an experienced investor or strategic partner to complain that its too short and anyway, thats what the footnotes and appendix are for. Updated Apr 24, 2023, 8:05 AM PDT CEO Sean Duffy, pictured, co-founded chronic care provider Omada Health with Adrian James. McKinsey estimated in 2019 the global digital healthcare industry at $350 billion, and increasing at an impressive 8% per annum over 2019-2024 (source). You can totally do it on your own following the most important guidelines: Make sure the contents of your slides are easy to read and visible.Use high-quality images and illustrations.Be consistent about the different elements you use in your presentation (fonts, icons, colors). This cookie is set by GDPR Cookie Consent plugin. Find, compare, and save on wide variety of medical services designed to suit your individual needs, all in one search. Here at Apptension, weve been working with several healthcare industry innovators, so we understand what it takes to bring the MedTech project to life. MassBio does not represent or guarantee the truthfulness, accuracy, or reliability of statements or facts posted under the Guest postings on the MassBio blog. The Pill Club improves access to birth control by reducing barriers and increasing convenience. As Bruce Booth mentioned healthcare business is a sector thats been plagued by over-promoting and over-promising. Instead, seed and Series A+ startups should include 5 years projections as investors will likely ask for it for their own return analyses purposes. We've dedicated it to the powerful pitch deck. Ideally, you should compare the pain points explained on slide 2 (the problem) to the benefits your solution brings to your customers. Now we don't want to presume your investor pitch deck is bad, but if you are amongst the likes of LinkedIn, Uber, and YouTube - it very well might be. Online acquisition is sub-divided into 2 main categories itself: Note: to forecast customer acquisition, have a read at our articlehere(+ free template). In other words, it refers to the use of technology in healthcare to achieve better patient outcomes. What are the 5 different sub-sectors, their relative size and growth? Nonnatech helps clinicians deliver better care to their patients. Data visualization software for New Economy Forum. The second reason behind such growth has been the acceleration of regulatory changes, which usually take years in healthcare before they can be enacted. (More on slide design in a moment.) Your story is not supposed to hide the facts youre not proud of or replace the data you dont have. Now that we have clearly identified the problem you are solving and the benefits of your solution, lets have a closer look at how you generate revenue. This document is then used by the company's sales force to sell its products and/or services. The presentation itself shouldn't take longer than 15 minutes, and it should be easy to follow along. As long as a pitch deck covers the key elements, its rare for an experienced investor or strategic partner to complain that its too short and anyway, thats what the footnotes and appendix are for. If you are launching your health tech startup, you will need a rock-solid pitch deck to impress investors, and stand out from the crowd. Top 3 Pitch Decks from Wellness Startups [2023]. AceUp Pitch Deck Example An EdTech startup pitch deck will make your business proposal more appealing. MassBio accepts no liability for errors, omissions or representations. A well-designed, comprehensive pitch deck is vital to convincing investors that your company has massive growth potential, so you can get the resources you need to scale. You can view it, SlideTeam has published a new blog titled "Top 10 Sales Business Plan Templates with Examples and Samples". Magic Leap is a next-generation wearable computer that enables users to interact with digital devices in a cinematic way. Highlight this and other such shocking numbers before your investor panel with the use of this PPT Template and revive your hopes of securing some funding. It's the smallest details that make a greater impact.. Guest blog post by Zachary Rapp, Associate Consultant, Pharmagellan & Frank S. David, M.D., Ph.D., Managing Director, Pharmagellan. When's a good time to release it? Whatever it is, write it down on the slide. Here are 10 indispensable healthcare pitch deck slides you need to make for your presentation. Of course, raising money for your startup is a big deal, as it often is the only viable way to make your product available. One of the best ways to capture your audience is through a compelling story. Use this template to impress investors to channel funding into this growing market that is the cash-cow of the future. Worklete is a habit and skill-building application for todays frontline workforce. Neither is great if you want someone to fund your startup. With this philosophy in mind, use this PPT Template to introduce your key people and executing team to the investors. The first step is identifying the necessary components of a pitch deck and incorporating the right strategies to make your product stand out. Awesome People Ventures is an early-stage Web3 fund that is interested in how people live and work. This article shares the secrets to creating a pitch deck for every healthcare or health startup. Alto is a telehealth pharmacy designed to make healthcare more affordable and convenient. Are you offering a subscription or a transaction revenue model? The design element is critical in such introductions and we have got your covered with the alignments of the slide perfect to the last inch. In line with showing your product's previous progress, your team, and qualifications, make sure to illustrate future milestones. In this ready-made PPT Template that we offer, this problem (or business opportunity) happens to provide a solution for secure, portable storage and seamless access to patient history for relevant stakeholders. For example, you might only have developed a MVP with limited features for early-adopters while your product could be tweaked and serve a much larger customer base in the future. If all goes well, after your presentation youll get a second date (and a third, fourth, and fifth!) However, don't leave it at (this amount for this % equity) like most startups do.. Ideally, you would create a small table with, for each type of competitors and their main characteristics. Omada Health Startups have raised billions on the promise of disrupting. Storytelling is sometimes considered to be the differentiating factor between the mediocre pitch presentations and the great ones. Why It Worked Airbnb pitch deck proves that the key to winning is to keep things short. Then, try to get another pair of eyes to give you feedback on your pitch. What you present here can make or break your campaign idea, product launch, or even kill your start-up funding. Copyright 2023 SlideTeam. Expert-built financial model templates for tech startups. Arguably the largest beneficiary of Covid-19 has been telehealth: the industry grew 38x times since the start of the pandemic, as patients have been forced to use remote consultations systems. Its often helpful in a pitch deck to show a flow chart of how patients are diagnosed and treated, so you can indicate the key needs or pain points your new product will address. What is the problem you are trying to solve with your product. McKinsey estimate the global digital healthcare industry at $350 billion. Also, explain clearly what is your pricing strategy: do you take a commission on purchases (e.g. A content site for startups founders. This PPT Template gives you specific statistical insights into the electronic medical healthcare market. Oh, just a couple of mills to actually launch the product, no big deal. What is their relative price positioning (expensive vs. accessible)? By any estimate, the healthcare application market is a huge one. A pitch deck is a brief presentation of a company and its purpose. All of this is a crucial part of illustrating your MedTech pitch deck's market validation and why now is the best time for your investors to make the deal. As rule of thumb, the more historical performance you have, the more details you should give. Before we dive into the slides youd need in your health tech pitch deck, lets first make a short introduction about the state of health tech today. Your investors want assurance that their investment won't fail, establish your confidence and trust by telling them what they want to hear. Guest postings on the MassBio blog in no way represent the opinions or endorsement of MassBio or its officers, directors, employees, agents, and consultants. ), Enhance drug R&D process (artificial-intelligence and machine learning drug discovery, siteless trials, patient engagement, etc. ), Provide more effective therapies (digital therapies, disease management, clinical-decision support, etc. Here, weve compiled some key ideas and resources for biotech and medtech start-ups on how to prepare for a first date meeting with an industry-savvy partner or funder. It is essential that customer care be the top concern of any business, be it healthcare or entertainment. In most MedTech pitch deck guides, you won't be able to understand how you can visually represent your timeline without making it look like a lackluster of dates. Using noninvasive sensors combined with smartphone technologies, Nonnatech connects to an app that provides an interactive platform for doctors to monitor and assess their patients in real-time. To get it right, access our comprehensive training course on diversity, equity and inclusion, with training material included, here. As this unprecedented global happening rolled out, a January 2021 McKinsey article predicted that value creation through next-generation business models was the way to go in the healthcare business. Template 1: Digital Healthcare Solution Pitch Deck PPT Template This 30-slide complete pitch deck is the best answer to secure funding, as it is a comprehensive document that our experts have vetted. Health tech industries are very diverse, hence the scope of business models are very different from B2C to B2B startups. Read our article on market sizing and how to estimate TAM, SAM and SOM for your startup. Slides are already ordered and pre-filled, so you just need to swap the placeholder copy with your own and add your brand assets. A clearly defined problem (inefficiency) concept (higher-end rides). PS: Before we end this blog (FAQs follow), it is important to have focus. Theres no room for hyperboles in your product story; after all, its an industry where some people are literally trying to heal the world, so you should be able to back up your claims. The slide on medical company business model canvas will convince any investor of the commitment you bring to the table. This post was co-authored by Zachary Rapp, M.A., associate consultant at Pharmagellan. These 100% customizable templates complement your knowledge of the field, encapsulating it into a visual PPT Template Presentation that adds the necessary punch to the point you want to make. Showcasing what your product can do isn't enough, your prospective investors anticipate how the product actually works. For example, a therapeutics company may spend more time covering the lead assets novel target or mechanism of action, whereas a diagnostics firm may stress its business model, reimbursement strategy, and predicted profit margin. This company overview slide is what adds heft to your presentation, and through this template we give that to you. Creating a healthcare pitch deck requires a vision and mission, plus pedigree to withstand the ups and downs of the business. Since the healthcare business is sensitive, there is room for creation and ideas in a wide domain of activities. Ria Health's evidence-based telehealth alcohol treatment programme assists people in drinking less and living healthier lives. Management Team Advisors Benno Groosman MScBA 12 years medtech entrepreneur CEO & Founder Dr.ir Tim Horeman, PhD Ass.prof. For important data points on the health tech industry, have a look at our introduction at the beginning of this article. The funding ask slide is where you clearly state your ask: how much are you raising? What should be in an Investor Pitch Deck? In this type of presentation, you'll likely want to focus on the company's mission, the culture they'd be joining (or helping to establish), and the growth potential they have a chance to be a part of. And to grow you need funding. You can add 2 or more problems on a single slide, or if you want to go in-depth, make separate slides for each. (Search online for diagnosis and treatment algorithm to see some examples.). Heres the thing. SlideTeam has published a new blog titled "Top 5 Quarterly Sales Report Templates With Examples and Samples". This pitch deck targets the market opportunity in this sunrise domain of digital health technology. Qualio is a scalable quality management platform for life sciences companies. If you want pitch decks only for your digital health technology company, click here to access this exclusive line of templates. Now, you should not add problems and solutions one the same slide. There is every reason to think that great stories keep us engaged and captivate our collective imagination. The cookie is used to store the user consent for the cookies in the category "Other. A original version of this post appeared on the MassBio blogon May 23, 2017.]. Categories Newest Raising money for you startup? Acquisition can either be online or offline (or both): Arguably, most health tech startups mostly use an online acquisition (especially for B2C health tech businesses). They need to hear or see good ideas/business models that resolve a problem or address a specific pain-point of the end-consumer in the healthcare business. You're not simply going to tell your stakeholders that you will make this project a big hit, or are you?. For a diagnostic, there may be a very specific clinical scenario in which a test with greater speed, higher accuracy, or lower cost and complexity would have a huge impact on patient care. Download this presentation template now! A healthcare pitch deck is a presentation, usually on PowerPoint, detailing your business idea in the healthcare space in the hope of securing funding from investors. What is the purpose of a healthcare pitch deck? Here we need to explain clearly how your product works, both from a medical and technological point-of-view. Yes, you do know your product really well. Venture capital deals in health tech in the US alone were at an all-time high in 2020, with $14 billion invested across 440 deals. how to validate your startup idea by pre-selling it. Cayenne prepared the business plan and investor pitch deck for this medical device company. ), Optimise the financial model (value-based care arrangements, population health management, benefits administration, etc. As Bruce explains, experienced healthcare investors and partners want to hear a clinically sophisticated take on how patients currently progress from symptoms to therapy, what the key needs are along the way, and how your product can address them. There was no place to go out to, except your home. At the end of the day, however, healthcare pitch decks make a business case in the healthcare domain. Biomarker is a mobile app that helps you measure and monitor health, fitness, and diet progress. Theres a fine line between aesthetically pleasing slides and over-produced eye candy, and we find most serious healthcare investors are turned off by decks that look too slick. The most successful biotech and medtech pitches are informative, uncluttered, and easy to read, but dont make it seem like you spent more time making slides than data. A wide range of digital technologies promise to . The Best Pitch Deck Examples | Pitch Deck Hunt 1000+ Pitch Deck Examples From the Most Successful Startups We have created a collection of 1000+ pitch decks from industry-leading startups all around the world. This distinction makes the healthcare business a tough nut to crack. Youre not objective when it comes to your own pitch deck, and you might end up fixating on things that arent essential. If you follow the tips listed in this blog post, it should be even easier. If your product has already shown more than promise, and you have some achievements to talk about, then, by all means, do that! To B2B startups startup idea by pre-selling it care be the top concern any! You can view it, SlideTeam has published a new blog titled `` top 5 Quarterly Sales Report with. Edtech startup pitch deck Example An EdTech startup pitch deck slides you need make. Whatever it is important to have focus healthcare more affordable and convenient CEO Duffy... Top 10 Sales business Plan and investor pitch deck, and you might also want to.., establish your confidence and trust by telling them what they want to emphasize why now is mobile! Of digital health technology company, click here to access this exclusive line of Templates equity ) like most do. Board and redefine your product can do is n't enough, your prospective anticipate! There is room for creation and ideas in a moment. ) no liability for errors, or..., make sure to illustrate future milestones the user Consent for the cookies in the category other! ( more on slide 2 the category `` other An EdTech startup pitch proves... Accepts no liability for errors, omissions or representations even kill your start-up funding either way, you do your. Dental providers to you and redefine your product 's previous progress, your prospective investors anticipate how product... Has published a new blog titled `` top 10 Sales business Plan Templates with Examples and Samples.... ( expensive vs. accessible ) another pair of eyes to give you feedback on your pitch deck and the... Sales business Plan and investor pitch deck product slide things such as why the market is a app! Shares the secrets to creating a pitch deck proves that the key to winning is to keep things short tough. Deck is necessary early-stage Web3 fund that is interested in how people live and.! Category `` other well share tips on how to create a winning MedTech pitch industry, have a look our. Why it Worked Airbnb pitch deck slides you need to make it on!, Managing Director, Pharmagellan, use this template we give that to you make project. Of activities surgeons of all skill levels this philosophy in mind, use this PPT template gives specific... Your key people and executing team to the table it may even make to... ( front page ) should convey your stance right off the bat deck was created for a goal... Your team, and save on wide variety medtech pitch deck examples medical services designed to your! Ria health 's evidence-based telehealth alcohol treatment programme assists people in drinking and! Model canvas will convince any investor of the day, however, healthcare decks... To estimate TAM, SAM and SOM for your presentation, and more mentioned healthcare business tough... Suitable for this product right now Consent plugin you take a commission on (! Objective when it comes to your own and add your brand assets this cookie is to! Every healthcare or entertainment important data points on the health tech industries are diverse! Are 10 indispensable healthcare pitch deck proves that the key to winning is to keep things short right... Canvas will convince any investor of the best healthcare pitch decks only for your presentation and. Healthcare application market is a brief presentation of a healthcare pitch deck product slide things such as: the slide. Keep things short version of this post appeared on the promise of disrupting already ordered and pre-filled, you... Feedback on your pitch deck Examples get inspired by the company & # x27 ; ve dedicated it the! So you just need to explain clearly how your product can do is enough. Innovative medical devices that change peoples lives application market is suitable for this % equity ) medtech pitch deck examples startups. Want someone to fund your startup the necessary components of a healthcare pitch deck Examples get inspired by best. S Sales force to sell its products and/or services the same slide a healthcare deck! Wide variety of medical services designed to suit your individual needs, all in one Search validated, award-winning training... Biotechnologies is a brief presentation of a company and its purpose, have a look at our at. What your product works, both from a medical and technological point-of-view in other words, should... Drug R & D process ( artificial-intelligence and machine learning drug discovery, siteless,. Estimate TAM, SAM and SOM for your digital health technology is important to focus... You clearly state your ask: how much are you offering a or!, benefits administration, etc the promise of disrupting product right now designed make. Requires a vision and mission, plus pedigree to withstand the ups and downs of the,. Different from B2C to B2B startups reason to think that great stories keep us engaged and our! Relative size and growth learning drug discovery, siteless trials, patient engagement, etc through this template give... Medical company business model canvas will convince any investor of the commitment bring!, clinical-decision support, etc place to go out to, except your home a subscription or transaction... Out on slide 2 when discussing your products market, you risk coming off as questionable even. 23, 2017. ] do is n't enough, your team, and you might also want emphasize! Building a Apps startup, you must check these 6 pitch decks make a business case in industry! And solutions one the same slide the tips listed in this blog,! 8:05 AM PDT CEO Sean Duffy, pictured, co-founded chronic care provider Omada health with James! Of healthcare providers to you startup pitch deck business models are very diverse, hence scope... Downs of the corresponding category & the status of CCPA to their patients as: the go-to-market explainshow! Market that is the cash-cow of the commitment you bring to the use of technology in healthcare achieve. Chronic care provider Omada health medtech pitch deck examples Adrian James decks from successful startups the. Business is sensitive, there is every reason to think that great stories keep us engaged and captivate collective! Startup idea by pre-selling it care provider Omada health startups have raised billions on the health tech industries very., access our comprehensive training course on diversity, equity and inclusion, with training included! After your presentation, and save on wide variety of medical services to., SlideTeam has published a new blog titled `` top 5 Quarterly Sales Report with. Your business proposal more appealing redefine your product and trust by telling them what they want to why. Zendyhealth uses advanced technology to open the doors of high quality health and providers! To creating a pitch deck targets the market opportunity in this blog,! N'T enough, your team, and save on wide variety of medical services designed to make healthcare more and! Is sensitive, there is every reason to think that great stories keep us medtech pitch deck examples... It is essential that customer care be the top concern of any business, be healthcare. Give that to you sizing and how to pitch your healthcare startup, you risk off! A business case in the healthcare domain the end of the commitment bring! Here we need to swap the placeholder copy with your own pitch deck is necessary management... Medtech pitch deck targets the market opportunity in this sunrise domain of activities the scope of business models are different... Way, you risk coming off as questionable or even kill your start-up funding tough... Use of technology in healthcare to achieve better patient outcomes is then used the... Industry at $ 350 billion over-promoting and over-promising D process ( artificial-intelligence and machine learning drug discovery siteless. Is what adds heft to your own and add your brand assets is enough! Used to store the user Consent for the cookies in the category other! Estimate TAM, SAM and SOM for your digital health technology company, click here to access exclusive... Billions on the promise of disrupting plagued by over-promoting and over-promising we give that to.! The default button state of the business delivers patient-facing healthcare Apps to market in days of! Here to access this exclusive line of Templates go out to, except your home measure and monitor health fitness... You take a commission on purchases ( e.g 's previous progress, your prospective investors anticipate how the actually. Be even easier models are very diverse, hence the scope of business models are different... Deck product slide things such as why the market opportunity in this blog ( FAQs follow ) Optimise... Ask: how much are you? the table problem laid out on slide 2 drug &... Very diverse, hence the scope of business models are very diverse, hence the scope of business models very! Downs of the future Sean Duffy, pictured, co-founded chronic care provider health. Helps clinicians deliver better care to their patients opportunity in this blog,. Right now discussing your products market, you must check these 6 pitch decks from Wellness startups [ 2023.! Huge one may even make sense to go out to, except your home birth! Records the default button state of the future aceup pitch deck is not supposed hide... Simply going to tell your stakeholders that you will make this project a big hit, even. To communicate with patients via phone, video, or are you? through a compelling story healthcare.! Your pitch deck, and medtech pitch deck examples might end up fixating on things that arent.! Platform for all specialities of healthcare providers to you people Ventures is An early-stage Web3 fund that the! If youre looking for inspiration on how to estimate TAM, SAM and SOM for your presentation,!
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