O'Donnell said, though, that the concept of connected health covers a wide-range of different things, and that even relatively basic technological interventions can make a real difference.
He said: "We know that patients who are more engaged in their own health and their own wellbeing, prior to maybe ever needing care, is an important aspect in terms of reducing demand on health care systems. Something we have to do to make health care systems sustainable is we need to somehow reduce some of that demand, particularly on acute care where it is so expensive and in some countries still quite limited in terms of availability. We see that from some of the devices that people use, but we also see increased technology use in terms of simple things like appointment bookings or reminders about appointments. If you see the level of 'do not attends' that happen in some health care systems and the capacity issues that causes, then improving something like attendance rates again frees up capacity in health care systems."
Dublin-based Ann Henry, who specialises in data privacy in the life sciences sector for Pinsent Masons, said that Ireland is an attractive jurisdiction in which to develop connected health solutions. The country is the seventh largest exporter of pharmaceutical products and devices in the world.
Henry said: "There are a lot of amazing changes coming to life sciences over the next few years – AI, data analytics, digital tech, genomics, our better understanding of the biology of diseases and people. All of it is leading to the development of complex drugs for complex ailments at much shorter developmental lifecycles. Personalised medicines and digital therapeutics in all their guises that use customer-friendly, data-driven approaches, supported by advanced technologies, are going to transform health care as we know it today."
Cerys Wyn Davies, also of Pinsent Masons, said that life sciences companies and technology providers that are willing to share intellectual property (IP) and risk in collaborative contracts can cut down on the time it takes to get new digital health solutions to market, and further flagged the potential of 'data trusts' to enable responsible data sharing to support innovation in health care.