venture scanner health technology 2016 q4

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Venture Scanner is your analyst and technology-powered startup research firm Health Technology Startup Landscape Trends and Insights November 8, 2016

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Page 1: Venture Scanner Health Technology 2016 Q4

Venture Scanner is your analyst and technology-powered startup research firm

Health TechnologyStartup Landscape Trends and Insights

November 8, 2016

Page 2: Venture Scanner Health Technology 2016 Q4

Health Technology report outline

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This report provides an overview of the Health Technology (HealthTech) sector and is broken down into three sections

Sector Description

High-level sector metrics with sub-category

definitions

Trends & Insights

Infographics and data points around the Health

Technology sector

Quarterly Activity

Major funding and exit events from the previous

90 days

Venture Scanner reports are built by analysts utilizing our startup database and landscaping platform

Page 3: Venture Scanner Health Technology 2016 Q4

Health Technology Sector Description

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Page 4: Venture Scanner Health Technology 2016 Q4

Startups are creating new HealthTech business lines and disrupting old ones

The graphic above shows a sampling of companies in each category

Health Technology

Learn about our full report with 1561 companies across 22

categories with $32.4B in funding

Genomics IoT Fitness

Digital Med Devices Healthcare Marketing

Clinical Administration Health Communities

Patient Engagement

Health Insurance

Doctor Search

teleHealth

IoT Healthcare Remote Monitoring

EHR/EMR Mobile Communication Health Destination

Population MgmtDoctor Networks Gamification Fitness/Health Apps

Healthcare Robotics Medical Big Data

Nutrition Innovations

Page 5: Venture Scanner Health Technology 2016 Q4

Health Technology startups play in many different categories (1 of 3)

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Clinical Administration and Backend133 Startups, $3B Total FundingCompanies that help with the management of healthcare-related administrative tasks.

Doctor and Healthcare Service Search84 Startups, $1.5B Total FundingServices that help patients find the right doctors and healthcare solutions.

Electronic Health/Medical Records98 Startups, $1.4B Total FundingServices that create and manage EHR/EMR to improve the efficiency of medical practices.

Genomics and Personalized Medicine69 Startups, $3.4B Total FundingCompanies that utilize human genome data for analytics and disease prevention.

Digital Medical Devices & Diagnostics158 Startups, $5.2B Total FundingCompanies that manufacture a new generation of IT-enabled medical devices and diagnostic tools.

Doctor Network and Resources37 Startups, $950M Total FundingSocial services that allow doctors to connect with each other to gain insights and discuss experiences.

Gamification of Health32 Startups, $244M Total FundingApplication of game elements to promote behavior-changing health and wellness.

Healthcare Marketing/Campaign Management21 Startups, $421M Total FundingServices for hospitals and insurance agencies to identify and target potential customers.

Category stats as of November, 2016

Page 6: Venture Scanner Health Technology 2016 Q4

Health Technology startups play in many different categories (2 of 3)

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Healthcare Mobile Communications/Messaging28 Startups, $360M Total FundingMobile communications services for hospital use by doctors, nurses, and other medical professionals.

Health Insurance and Payments79 Startups, $3.6B Total FundingHealth insurance exchanges and patient payment platforms that provide more efficient workflow.

IoT Health Care185 Startups, $1.9B Total FundingInternet of Things (IoT) startups focused on consumer and/or at-home health care solutions.

Mobile Fitness/Health Apps 107 Startups, $626M Total FundingMobile apps that focus on health and general wellbeing by tracking fitness activities.

Healthcare Robotics12 Startups, $90M Total FundingCompanies that create robotic prosthetics and robotics solutions for healthcare.

IoT Fitness142 Startups, $3.7B Total FundingInternet of Things (IoT) startups focused on personal fitness and wellness solutions.

Medical Big Data90 Startups, $1.9B Total FundingCompanies that create big data and predictive analytics solutions for medical applications.

Nutrition Innovations80 Startups, $1.6B Total FundingCompanies that provide nutrition information, healthy lifestyle plans, and healthy food delivery.

Category stats as of November, 2016

Page 7: Venture Scanner Health Technology 2016 Q4

Health Technology startups play in many different categories (3 of 3)

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Online Health Communities41 Startups, $416M Total FundingSocial services and online communities among patient groups and medical professionals.

Patient Engagement and Education88 Startups, $1.1B Total FundingServices and platforms that better inform patients about modern medical practices and treatments.

Remote Monitoring/Family Care Management70 Startups, $1.4B Total FundingServices that allow families and medical professionals to monitor and manage those in care.

Online Health Destination Sites40 Startups, $1.4B Total FundingWebsites and resources providing health-related information about specific issues.

Population Health Management67 Startups, $1.9B Total FundingServices that help manage and analyze patient data across groups of people to create actionable insights.

teleHealth130 Startups, $1.3B Total FundingServices that allow remote treatment and/or consultation between doctors and patients.

Category stats as of November, 2016

Page 8: Venture Scanner Health Technology 2016 Q4

Health Technology Trends & Insights

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Page 9: Venture Scanner Health Technology 2016 Q4

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Digital technology categories are dominating HealthTech startup activity

HealthTech is happening across many different categories

Total Venture Investing into Health Technology

Companies are categorized by function, and therefore can exist in multiple categories

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Page 10: Venture Scanner Health Technology 2016 Q4

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Funding into Health Technology has grown rapidly

Overall HealthTech VC funding grew at a CAGR of 45% from 2010-2015

Health Technology Funding Over Time

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Page 11: Venture Scanner Health Technology 2016 Q4

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HealthTech startups are seeing more funding in recent years

2015 saw expansion of HealthTech funding at all stages

Health Technology Funding By Type Over Time

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Page 12: Venture Scanner Health Technology 2016 Q4

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Health Technology startups founded in 2013 lead in VC funding

Over the last decade, 19% of total HealthTech funding was in startups founded in 2013, which includes companies like ZhongAn, Oscar, and Zenefits

Health Technology Funding By Vintage Year

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Page 13: Venture Scanner Health Technology 2016 Q4

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Health Technology startups are a global phenomenon

Health Technology Startup Count by Country

0 >1097Companies

Page 14: Venture Scanner Health Technology 2016 Q4

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Top VC investors are making bets in HealthTech categories

Selected Investor Activity in Health Technology

The above count represents a subset of overall investor activity

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Page 15: Venture Scanner Health Technology 2016 Q4

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Health Technology exit activity has grown massively within recent years

Exits within the HealthTech sector grew by 13x between 2011 and 2016

Health Technology M&A and IPO Events Over Time

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Page 16: Venture Scanner Health Technology 2016 Q4

Health Technology Quarterly Update

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Page 17: Venture Scanner Health Technology 2016 Q4

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Recent Health Technology funding events

There have been 98 funding events in the past 90 days, providing $1.1 billion in capital

Funding Statistics from Last 90 Days*

Company Amount Funding Type

$93,000,000 Series G

$75,000,000 Series D

$60,750,000 Private Equity

$60,000,000 Series D

$50,000,000 Venture

Notable Recent HealthTech Funding Events

*Graph shows only the funding types listed therein

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Recent Health Technology exit events

There have been 9 HealthTech acquisition events in the past 90 days

Notable Recent Health Technology Acquisitions

Company Acquirer Amount Date

$275,000,000 Sept 12, 2016

Undisclosed Oct 12, 2016

Undisclosed Oct 5, 2016

Undisclosed Sept 27, 2016

Undisclosed Sept 1, 2016

Page 19: Venture Scanner Health Technology 2016 Q4

About Venture Scanner

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Page 20: Venture Scanner Health Technology 2016 Q4

Venture Scanner is the foundation of your startup research

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Our research and data keep you ahead of the Health Technology innovation curve

Save Time and Money

Get immediate access to years of startup research

Leverage Technology

Realize the power of our landscaping technology

Stay Current

See all updates and developments

Many international Fortune 500 companies trust Venture Scanner to help them with their startup landscaping and reporting needs

Page 21: Venture Scanner Health Technology 2016 Q4

Venture Scanner is your analyst and technology-powered startup research firm

Want to learn more about our Health Tech report and database?

Click here or contact [email protected] to learn more