Healthtech Pivot for the Technology Industry
In the shadow of the COVID-19 viruts tech giants, and Silicon Valley in general, are pivoting to a focus on Healthtech. This post provides a summary of the segments and people in the industry and what big tech companies (many based in Silicon Valley) are doing to ride the Healthtech solutions wave. (Above image: Healthtech companies are providing solutions to the many segments of the Industry)
Peter Diamandis in a recent blog post asks “Which entity (below) will lead ‘in-home healthcare’ by 2026?” https://www.diamandis.com/blog/futureloop-post-covid-healthcare
A new startup we haven’t heard of yet
An existing traditional healthcare player
From that article here is what he lists as a brief summary of what each company’s high level strategies are:
(1) APPLE: Tim Cook made waves in January 2019 when he said, “If you zoom out into the future, and you look back, and you ask the question, ‘What was Apple’s greatest contribution to mankind?’ It will be about health.”
(2) GOOGLE / ALPHABET: One of the world’s biggest investors in digital health startups, Google/Alphabet is applying AI to everything from disease detection to new data infrastructure, and possibly even insurance.
(3) AMAZON: And when it comes to Amazon’s health strategy, the e-commerce giant is pulling all the stops.
(4) NEW STARTUPS: But outside the usual suspects, telemedicine startups are now seeing an unprecedented surge in demand (surprise, surprise), driving a new generation of healthcare disruptors leveraging everything from AI to advanced sensors.
And much of this activity revolves around this key stat from the article: “Today, Americans spend an average of $10,739 per person per year on healthcare—more than residents of any other country on Earth. If nothing changes, by 2027, this single industry will consume nearly 20 percent of the U.S. GDP.”
Thinkers 360 brings us a list of the “Top 50 Global Thought Leaders on Healthtech”. These people are among the long list of people you need to know and follow if you are in the Healthtech arena. See the entire list in detail at the following link: https://www.thinkers360.com/top-50-global-thought-leaders-and-influencers-on-healthtech-march-2020/
Here are the Twitter or LinkedIn profiles of the top 5 on the list Arvind Sivaramakrishnan – @ns_arvind Dennis Sherwood – LinkedIn Robin Farmanfarmian – @Robinff3 Navin Manaswi – @nkmanaswi Jay Campbell – @TRTExpert