trends in digital health investments and ecosystems
TRANSCRIPT
Trends in Digital HealthInvestments and Ecosystems
www.healthxl.org
Martin Kelly
Drivers for change: Cost
Healthcare for All
Globally healthcare is already well over a $6 trillion industry but nearly 70% of the world population
does not receive decent healthcare services.
Drivers for change: Consumerisation
Drivers for change: Capital
Source: Health 2.0
VC investment in digital health
Long range weather forecast is sunny
Source: Accenture
VC investment in digital health
The rise of the corporates
Source: Rock Health
Number of Corporate Deals 2011-2015
Source: Startup Health
Where are the deals?
Source: Startup Health
Where are the deals?
2 0 1 3 / 2 0 1 4J une to Ma rc h
2 0 1 4 / 2 0 1 5J une to Ma rc h
Fu nd in g in
U
S D
(p er
Bi lli on)
2013/2014
Big D at a
Co n n e c t e d Heal th
Be h aviourCh a n g e
0.31
1.321.26
0.55
0.29
0.78
VC investment in digital health in $ billions
Moonshots: More than incremental innovation
Investment does not equal innovation
It takes an average of 17 years for new knowledge generated… to be incorporated into practice…
and even then application is highly uneven.
Source: IOM report on Quality of Care in America
Why collaboration is important
Why collaboration is important
Why collaboration is important
Why collaboration is important
Healthcare problems are too big to be solved by
just one firm
Large companies can’t innovate internally without
a burning platform
Start-ups (source of innovation) can’t scale on their own
New approaches to innovation (quick and focused) are required
Collaboration is easy to say but hard to do
We created HealthXL because new types of collaboration are needed
Lisa Suennen Managing Partner, Venture
Valkyrie LLC
Sean HoganGeneral Manager - Healthcare, IBM
Chris CoburnVice President - Innovation,
Partners HealthCare
Esther DysonFounder, HICCUP
JC SimbansVP - Life Sciences
& Digital Health
Maulik Majmudar, MDChief Clinical Officer,
QuanttusSven Junkergård
CTO at Zephyr Health
Vishal GulatiPartner, DFJ
Seemant JauhariChief Executive Officer Apollo
Research & Innovations
Stephen McHaleCEO of Explorys
Marco MohwinckelGlobal Head Integrated Care
Solutions
Omri ShorCEO, MedisafeNorrie Daroga
CEO, iDAvatars
Sridhar Iyengar Founder, Misfit Founder,
AgaMatrix
William TarantoPresident, Merck Global Health Innovation Fund
Gary FingerhutExecutive Director
Innovations, Cleveland Clinic
HXLadvisor
HXLadvisor
HXLadvisor
Innovation is needed everywhere
Investment continues to flow into new digital health sector
Difficult to identify unique solutions
Many point solutions lack integration
Innovation is needed everywhere
New forms of collaboration are happening
Significant role for corporate VC
New partnerships/alliance models starting to emerge
Innovation is needed everywhere
If there is a bubble it is only a problem in the US Market
Market in US is significantly bigger that ROW
Unclear that US companies will expand successfully internationally
