Case:
Lifetech

Economic analysis of the HealthTech industry in Brussels

Mapping the HealthTech ecosystem of Brussels is an initiative of lifetech.brussels (part of impulse.brussels).

The ecosystem mapping is a result of an economical analysis of the HealthTech sector, which is moving at a rapid pace with the rise of new technologies such as wearables.


Brussels' HealthTech Ecosystem

The economic analysis of the Brussels HealthTech industry focused on business-to-business activity, i.e. companies producing, distributing or providing services to other companies in the health sector as well as companies active in eHealth. Enterprises dealing directly and physically with end-users or patients were not taken into account for this economical analysis.

The Brussels HealthTech industry, that is covered in the analysis, included the following domains:

  • (Bio)Pharma: Companies dealing with the production and distribution of pharmaceutical products. Distribution includes wholesale but not retail activities.
  • Medical devices and equipment: Companies dealing with the production and distribution of medical devices and equipment.
  • eHealth: Companies dealing with digital health products and services. Includes: remote diagnostics, remote rehabilitation, social networks for patients/physicians, mobile applications.
  • Support Services: Companies dealing with contract research organizations, contract manufacturing organizations, logistics companies (cfr. cell therapy companies), and other companies 100% specialised in and dedicated to services to HealthTech companies.
  • Other: Companies supporting HealthTech companies but not 100% specialised in or dedicated to HealthTech. E.g., consulting, recruitment, lawyers, intellectual property offices.

Challenges & goals

Impulse.Brussels achieves to be the interface that enables all those doing business in the Brussels Region, and they aim for a growing innovation ecosystem of the innovative Brussels enterprises. Their goal is to be the center of entrepreneurial initiatives of Brussels:

  • Stimulation of innovation and entrepreneurship in the sector of life technology and health;
  • Promotion of R&D activities and clinical competencies of the Brussels’ institutions;
  • Consolidation of the ecosystem encompassing different players of the sector in the BCR: companies, hospitals, research labs and support organizations active in the health and healthcare-related sectors.
Lifetech.brussels gathers around 100 members and offers them two types of services:
  • Cluster animation. This includes the organisation of seminars, networking events, international missions; the consolidation of opportunities and information for the members via a specific newsletter and a website; promotion of activities of the members.
  • Individualised support. This consists in offering ad-hoc support to innovative company/project members in order to allow them to well expand. It also includes challenging business plan, informing about financing options according to the stage of the project, helping to build R&D project, informing about intellectual property protection options …

With the mapping of the HealthTech ecosystem, the main goals were to uncover the total number of HealthTech companies and the evolution of the ecosystem. The mapping of the industry was made possible by the contribution of the major associations involved in HealthTech, incl. lifetech.brussels, Biowin, FlandersBio, Bio.be, BeMedTech.be, Agoria/Sirris.

DataScouts was used to aggregate the data of all companies within scope from open data sources incl. KBO, NBB and RSZ. The data can continuously be updated and allows to build a live data base for ad-hoc analysis. Based on these data, interactive visualization of the financial evolution as well as employment by companies in the HealthTech industry in Brussels in the period from 2004 to 2015 could be provided.


Ecosystem Intelligence

Using DataScouts’s expertise in data aggregation, the database of all HealthTech companies in Brussels was formed and visualized on the DataScouts platform. With DataScouts, Impulse.Brussels was able to determine the total number of Tech companies and the evolution of the innovation ecosystem between 2004-2015. Moreover, underlying causes of the changes in the ecosystem were possible to uncover.

Create your ecosystem


Portfolio of companiesIndustry clusterCreative or innovation hubAssociation of member organisationsEntrepreneurial ecosystem or programValue network, incl. suppliers, customers, leads, competitors

Business ownerEcosystem leadBusiness analyst or consultantStudent or researcherAccount manager or business developerInvestor or portfolio manager

Prefer to contact a human being? Contact us at natan.debie@datascouts.eu

Create your ecosystem


Portfolio of companiesIndustry clusterCreative or innovation hubAssociation of member organisationsEntrepreneurial ecosystem or programValue network, incl. suppliers, customers, leads, competitors

Business ownerEcosystem leadBusiness analyst or consultantStudent or researcherAccount manager or business developerInvestor or portfolio manager

Prefer to contact a human being? Contact us at natan.debie@datascouts.eu

Create your ecosystem


Portfolio of companiesIndustry clusterCreative or innovation hubAssociation of member organisationsEntrepreneurial ecosystem or programValue network, incl. suppliers, customers, leads, competitors

Business ownerEcosystem leadBusiness analyst or consultantStudent or researcherAccount manager or business developerInvestor or portfolio manager

Prefer to contact a human being? Contact us at natan.debie@datascouts.eu

Create your ecosystem


Portfolio of companiesIndustry clusterCreative or innovation hubAssociation of member organisationsEntrepreneurial ecosystem or programValue network, incl. suppliers, customers, leads, competitors

Business ownerEcosystem leadBusiness analyst or consultantStudent or researcherAccount manager or business developerInvestor or portfolio manager

Prefer to contact a human being? Contact us at natan.debie@datascouts.eu