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HEALTH 2.0 QUARTERLY REPORT :: Q4 2016
QUARTERLYREPORTS
HEALTH 2.0 QUARTERLY REPORT :: Q4 2016
BROUGHT TO YOU BY:
HEALTH 2.0 QUARTERLY REPORT :: Q4 2016
LEGISLATION 2.0
Digital health enjoyed the attention of national and state legislat...
HEALTH 2.0 QUARTERLY REPORT :: Q4 2016
1996
CONSUMER FACING
1030
PROFESSIONAL
FACING
392
PATIENT PROVIDER
COMMUNICATION
49...
HEALTH 2.0 QUARTERLY REPORT :: Q4 2016
The lion’s share is still in North America, with 74% of digital health
companies lo...
HEALTH 2.0 QUARTERLY REPORT :: Q4 2016
FUNDING FOR THE HEALTH 2.0 space in 2016
has surpassed every year for which we keep...
HEALTH 2.0 QUARTERLY REPORT :: Q4 2016
2.4B
CONSUMER FACING
884M
DATA, ANALYTICS,
& EXCHANGE
453M
PATIENT PROVIDER
COMMS
6...
HEALTH 2.0 QUARTERLY REPORT :: Q4 2016
Hot Stuff: Top Funding Deals in Q4, 2016
CONSUMER FACING PROFESSIONAL
FACING
PATIENT...
HEALTH 2.0 QUARTERLY REPORT :: Q4 2016
0 2 4 6 8 10 12 14 16 18
B2B-Decision Support Analytics
Privacy & Identity
Data Uti...
HEALTH 2.0 QUARTERLY REPORT :: Q4 2016
ABOUT HEALTH 2.0 MARKET INTEL
Since 2007, Health 2.0 has catalyzed, tracked, and sh...
HEALTH 2.0 QUARTERLY REPORT :: Q4 2016
ABOUT
Health 2.0 is the premiere showcase and catalyst for the advancement of
new h...
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Health 2.0 Quarterly Report (Q4 2016)

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Every quarter, Health 2.0 releases a summary set of data that explains where industry funding is going, which product segments are growing fastest, and where new company formation is happening. Health 2.0’s precision and clarity when it comes to market segmentation and product information make this quarterly release the cream of the freebie crop.

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Health 2.0 Quarterly Report (Q4 2016)

  1. 1. HEALTH 2.0 QUARTERLY REPORT :: Q4 2016 QUARTERLYREPORTS HEALTH 2.0 QUARTERLY REPORT :: Q4 2016 BROUGHT TO YOU BY:
  2. 2. HEALTH 2.0 QUARTERLY REPORT :: Q4 2016 LEGISLATION 2.0 Digital health enjoyed the attention of national and state legislators in 2016. Congress passed the 21st Century Cures Act, which shed more light on the FDA regulation of software in healthcare. The Senate passed the ECHO bill, which expands access to tele-consults for rural physicians, and the FDA is looking to revisit its regulatory standards for software as a medical device (SaMD). And forward-thinking Massachusetts just launched its State Digital Health Council. NEUROTECH The last quarter of 2016 was unusually good for the brain. Google’s Verily released Liftware Level, a smart spoon for consumers with hand tremors. GE and the NFL have collaborated on a telemedicine initiative to help amateur footballers access advice when they suffer a concussion. Houston-based BrainCheck raised $3M for a mobile neurocognitive assessment app, while Savonix announced the launch of their own assessment tool. In perhaps the most intriguing news, MobiHealthNews discovered in their FDA scoop that Apple is developing an app to diagnose Parkinson’s disease. SMART…FERTILITY? Entrepreneurs are breaking in to the fertility market, and finding that it isn’t all about women. Medical Electronics Systems released YO, an automated semen analyzer that clips onto a smartphone (sanitizer not included). Berlin-based Clue raised $20M for a period-tracking app, and Zurich’s Ava raised $9.7M for a fertility tracking wearable. NYC-based Progyny launched their rebrand and new website focused on helping would-be parents navigate their fertility benefits. CARDIAC MONITORING The heart, once the domain of lovers, is fast becoming the domain of SMACK health. iRhythm, which creates wearable heart monitors, went public with a $107M IPO. Nanowear received FDA clearance for an EKG monitor garment, and Cardiogram raised $2M in a bid to detect arrythmias using the Apple Watch. JAMA Cardiology published an article proclaiming the Apple Watch as the most accurate wearable for heart rate monitoring. Things We Care About, Q4 2016
  3. 3. HEALTH 2.0 QUARTERLY REPORT :: Q4 2016 1996 CONSUMER FACING 1030 PROFESSIONAL FACING 392 PATIENT PROVIDER COMMUNICATION 494 DATA, ANALYTICS, & EXCHANGE 3912 ALL COMPANIES Health 2.0 tracks companies in our Source Database according to one of four categories, one or more of nineteen sub-segments, and any number of additional tags. This categorization schema, developed in 2011, is far more rigorous that any we’ve seen and consistently lets us distinguish apples from oranges in a particularly bountiful space. Health 2.0 Source: Total Companies By Category HEALTH 2.0 SOURCE COMPANIES BY CATEGORY, DECEMBER 2016 HEALTH 2.0 SOURCE ticked up this quarter, adding 44 companies overall. The Consumer Facing category added 25 firms, and the Professional Facing category added one new addition. The Patient Provider Communication category added 10 companies, while the Data, Analytics, and Exchange category added 8.
  4. 4. HEALTH 2.0 QUARTERLY REPORT :: Q4 2016 The lion’s share is still in North America, with 74% of digital health companies located there. However, a strong contingent belongs to Europe with 17.5%, and emerging companies in Asia and the Middle East account for international growth. AS THE HEALTH 2.0 COMMUNITY grows around the world, it’s being reflected in the Source database. Here’s a map of the world showing the global distribution of companies Health 2.0 Around the World .1% 1.1% .8% 1.4% 5.1% 17.5% 74%
  5. 5. HEALTH 2.0 QUARTERLY REPORT :: Q4 2016 FUNDING FOR THE HEALTH 2.0 space in 2016 has surpassed every year for which we keep data. Approximately $1.12B was invested from October through December. Funding Keeps Flowing We predicted that funding would reach $5.5B this year, and indeed it has – shattering funding records for the digital health space. Entrepreneurs and investors, enticed by the opportunity to transform a giant industry, continue to flock to healthcare. We will see whether 2017 bucks the trend or sets another record. HEALTH 2.0 ANNUAL FUNDING 2011 1.0 B 1.6 B 2.2 B 4.6 B 4.8B 2012 5.6 B 2016 2013 2014 2015
  6. 6. HEALTH 2.0 QUARTERLY REPORT :: Q4 2016 2.4B CONSUMER FACING 884M DATA, ANALYTICS, & EXCHANGE 453M PATIENT PROVIDER COMMS 602M PROFESSIONAL FACING THE CONSUMER FACING category led in funding all year, with Data and Analytics contributing significant raises as well. Prominent deals for new venture Iora ($75M) and Crossover Health ($92M) contribute to 2016’s record funding totals. Consumer Facing Funding STILL On Top Two of the biggest deals this quarter: *75M 2016 FUNDING BY CATEGORY AND QUARTER Q2: 100M Q1: 127M Q1: 312M Q2: 248M Q1: 120M Q2: 105M Q1: 1.14B Q2: 1.3B Q3: 128M Q3: 226M Q3: 140M Q3: 793M Q4: 88M *Q4: 246M Q4: 98M *Q4: 597M *92M
  7. 7. HEALTH 2.0 QUARTERLY REPORT :: Q4 2016 Hot Stuff: Top Funding Deals in Q4, 2016 CONSUMER FACING PROFESSIONAL FACING PATIENT PROVIDER COMMUNICATION DATA, ANALYTICS, & EXCHANGE TOP FUNDING DEALS OF Q4 2016 The winter’s raises shine a spotlight on primary care, diabetes and cloud-based solutions . Iora Health ($75M), a direct primary care practice, and Patient Ping ($32M), a care coordination firm, are both Boston-based ventures in primary care. Q4’s biggest raise belongs to Crossover Health, which provides analytics-informed primary care to self- insured employers. Intuity Medical ($40M) offers an all-in- one glucose testing kit for diabetics, and Bigfoot Biomedical raised $36M for a smart insulin delivery system for diabetic patients. Denver-based health management firm Welltok raised $34M to build out its CafeWell offering, while payments platform InstaMed signed $50M. Tracelink ($52M) offers an interesting cloud solution to eliminate counterfeit drugs from the prescription pharmaceutical industry. 90M 80M 70M 60M 50M 40M 30M THE TOP DEALS of Q4 2016 totaled to $426M and represent nearly 43% of total funding this quarter.
  8. 8. HEALTH 2.0 QUARTERLY REPORT :: Q4 2016 0 2 4 6 8 10 12 14 16 18 B2B-Decision Support Analytics Privacy & Identity Data Utility Layer B2B-Administrative Tools B2B-Revenue Collection & Management B2B-Clinician Workflow Professional Knowledge Exchanges Patient-Provider Communication Provider Search Coaching & Advisory Services Personal Health Assessment & Diagnostic Clinical Trials Search & Recruitment Gaming Financial Management Patient Communities Search Wellness Content Self-Management Tools & Trackers This year, our team has added hundreds of products to Source. We saw the greatest gains in wellness, patient-provider communication and security products in the last 12 months. We expect product growth to continue its strong trajectory and accelerate into 2017 as digital health funding continues to flame. THIS GRAPH SHOWS the percentage growth in product additions to Health 2.0 Source by segment. Our team has steadily added products to the Source as they are released, creating a product encyclopedia for expert market insight. If You Remember One Thing: Products Are Not Companies, Companies Are Not Products CONSUMER FACING PROFESSIONAL FACING PATIENT PROVIDER COMMUNICATION DATA, ANALYTICS, & EXCHANGE PRODUCT GROWTH % BY SEGMENT IN PAST 12 MONTHS, HEALTH 2.0 SOURCE, DECEMBER 2016
  9. 9. HEALTH 2.0 QUARTERLY REPORT :: Q4 2016 ABOUT HEALTH 2.0 MARKET INTEL Since 2007, Health 2.0 has catalyzed, tracked, and showcased the SMACK (social/sensor, mobile, analytics, cloud & kindness!) revolution in health information technology. Our longevity and independent industry positioning gives us an unrivaled depth of knowledge. Health 2.0’s Market Intelligence offerings range from this quarterly data release to custom market research reports, and subscription access to the Health 2.0 Source Database. The Health 2.0 Source database serves as the foundation of our intelligence products and includes detailed data on more than 3,700 companies and 4,500 products. To learn more about Health 2.0 Market Intelligence offerings, please visit health2con,com or email marketintel@health2con.com ABOUT THE QUARTERLY REPORT The Quarterly Report represents a summary set of data that explains where industry funding is going, which product segments are growing fastest, and where new company formation is happening. Health 2.0’s precision and clarity when it comes to market segmentation and product information make this quarterly release the cream of the freebie crop. This report is provided for informational purposes and was prepared in good faith and good fun. This report is a proprietary aggregation of publicly and some privately available data and shall not be reproduced in a different format without written consent of Health 2.0 QUARTERLYREPORTS QUARTERLY REPORT CONTRIBUTORS Matthew Holt Co-Chairman Prerna Anand Data Analyst Rachael Charbonneau Graphic Designer Sofia Noori Data Intern
  10. 10. HEALTH 2.0 QUARTERLY REPORT :: Q4 2016 ABOUT Health 2.0 is the premiere showcase and catalyst for the advancement of new health technologies. Through a global series of conferences, thought leadership roundtables, developer competitions, pilot programs, and leading market intelligence, Health 2.0 drives the innovation and collaboration necessary to transform health and health care. For more information visit health2con.com HEALTH 2.0 QUARTERLY REPORT :: Q3 2016

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