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HEALTH 2.0 QUARTERLY REPORT :: Q3 2016
QUARTERLYREPORTS
HEALTH 2.0 QUARTERLY REPORT :: Q3 2016
BROUGHT TO YOU BY:
HEALTH 2.0 QUARTERLY REPORT :: Q3 2016
TECH BY (AND FOR) WOMEN
Health tech led by or designed for women were in the news a...
HEALTH 2.0 QUARTERLY REPORT :: Q3 2016
1971
CONSUMER FACING
1029
PROFESSIONAL
FACING
382
PATIENT PROVIDER
COMMUNICATION
48...
HEALTH 2.0 QUARTERLY REPORT :: Q3 2016
.1%
1.1%
.8%
1.4%
5.1%
17.6%
73.9%
The lion’s share is still in North America,with ...
HEALTH 2.0 QUARTERLY REPORT :: Q3 2016
2011
1.0 B 1.6 B 2.2 B
4.6 B 4.8B
2012
4.5 B
2016
2013
2014
2015
FUNDING FOR THEHEA...
HEALTH 2.0 QUARTERLY REPORT :: Q3 2016
2.4B
CONSUMER FACING
786M
DATA, ANALYTICS,
& EXCHANGE
365M
PATIENT PROVIDER
COMMS
3...
HEALTH 2.0 QUARTERLY REPORT :: Q3 2016
THE TOP DEALS of Q3 2016 totaled to
$854M and represent nearly 66% of total
funding...
HEALTH 2.0 QUARTERLY REPORT :: Q3 2016
0 10 20 30 40 50 60 70 80 90
B2B-­Decision  Support  Analytics
Privacy  &  Identity...
HEALTH 2.0 QUARTERLY REPORT :: Q3 2016
ABOUT HEALTH 2.0 MARKET INTEL
Since 2007, Health 2.0 has catalyzed, tracked, and sh...
HEALTH 2.0 QUARTERLY REPORT :: Q3 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 (Q3 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 (Q3 2016)

  1. 1. HEALTH 2.0 QUARTERLY REPORT :: Q3 2016 QUARTERLYREPORTS HEALTH 2.0 QUARTERLY REPORT :: Q3 2016 BROUGHT TO YOU BY:
  2. 2. HEALTH 2.0 QUARTERLY REPORT :: Q3 2016 TECH BY (AND FOR) WOMEN Health tech led by or designed for women were in the news at both TechCrunch Disrupt and Health 2.0. Q3 saw well known VC Lisa Suennen launch CSweetener, a nonprofit aimed at mentoring female healthcare entrepreneurs.Montreal-based Omsignal raised $10M for a smart bra product, and prenatal sensor start-up Bloomlife raised $4M this quarter. PATIENT ENGAGEMENT 2.0 Like “interoperability” before it, “patient engagement” has become the digital health buzzword du jour. At the Health 2.0 conference and beyond, firms discussed passing obvious and easily forgotten solutions to stickier ways of encouraging patient success. Accolade raised $71M this quarter for its digital patient concierge service,and ShareCare acquired BioLucid, a visual storytelling company which helps patients understand their illnesses. Zillion ($28M) offers healthcare tutorials but also aggregates wearable tech data into useful information to track patient goals. UNDERSERVED COMMUNITIES There’s increasing emphasis on digital health solutions for underserved communities who often receive expensive or suboptimal care. Azalea Health ($11M) is building clinic and telehealth software for rural practices, and RubiconMD raised $750K for its platform that allows subspecialists to consult with rural doctors. Anthem announced the launch of Spanish telehealth visits for its California members. AtHealth 2.0, RWJF launched a program to increase diversity in the health tech community. TYPE 2 COLLABORATIONS Diabetes and its massive healthcare market continue to be a draw for digital health shakers, evidenced by the massive $500M deal from Verily & Sanofi for new diabetes venture Onduo. Glooko ($8M) merged with Diasend, combining a patient platform with the latter’s big data powers to interpret diabetes device data for patients. Insulet launched a tablet app for Type 1 children, and Companion Medical received FDA approval for its smart insulin pen. Things We Care About, Q32016
  3. 3. HEALTH 2.0 QUARTERLY REPORT :: Q3 2016 1971 CONSUMER FACING 1029 PROFESSIONAL FACING 382 PATIENT PROVIDER COMMUNICATION 486 DATA, ANALYTICS, & EXCHANGE 3868 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 ticked up this quarter, adding 83 companies overall.The Consumer Facing category added 46 companies,and the Professional Facing category added 10 companies. The Patient Provider Communication category added 21 firms,while the Data,Analytics, and Exchange category added 6. Health 2.0 Source:Total Companies By Category HEALTH 2.0 SOURCE COMPANIES BY CATEGORY, JUNE 2016
  4. 4. HEALTH 2.0 QUARTERLY REPORT :: Q3 2016 .1% 1.1% .8% 1.4% 5.1% 17.6% 73.9% The lion’s share is still in North America,with 74% of digital health companies located there.However,a strong contingent belongsto Europe with 17%,and emerging companies in Australia andSouth America account for international growth. AS THEHEALTH 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 distributionof companies Health 2.0 Around the World
  5. 5. HEALTH 2.0 QUARTERLY REPORT :: Q3 2016 2011 1.0 B 1.6 B 2.2 B 4.6 B 4.8B 2012 4.5 B 2016 2013 2014 2015 FUNDING FOR THEHEALTH 2.0 space is already neck-and-neck with last year’s 12- month funding total.Approximately $1.3B was invested from July through September. Funding KeepsFlowing Funding for 2016 has busted predictions. Although funding slowed slightly since Q1 of 2016 (when funding reached $1.7B), Q3 of 2016 totaled a whopping $1.29B in deals. Another chart-topping $500M deal was included in those figures. We predict that funding could reach $5.5B by the end of 2016. HEALTH 2.0 ANNUAL FUNDING
  6. 6. HEALTH 2.0 QUARTERLY REPORT :: Q3 2016 2.4B CONSUMER FACING 786M DATA, ANALYTICS, & EXCHANGE 365M PATIENT PROVIDER COMMS 355M PROFESSIONAL FACING THE CONSUMER FACING category continued to drive venture funding,but with stronggrowth acrossthe board. Massive deals for new venture Onduo($500M)and Accolade ($71M) contribute to 2016’s record funding totals. Consumer Facing Funding STILL On Top Two of the biggest deals this quarter: *71M* 500M 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 ONDUO *Q3: 793M
  7. 7. HEALTH 2.0 QUARTERLY REPORT :: Q3 2016 THE TOP DEALS of Q3 2016 totaled to $854M and represent nearly 66% of total funding this quarter. Hot Stuff: Top Funding Deals in Q3, 2016 CONSUMER FACING PROFESSIONAL FACING PATIENT PROVIDER COMMUNICATION DATA, ANALYTICS, & EXCHANGE TOP FUNDING DEALS OF Q3 2016 Fall’s top deals shine a spotlight on chronic disease management and senior care. Onduo ($500M), a new joint venture from Google’s Verily and pharma giant Sanofi, seeks to improve products for diabetes management. Chrono Therapeutics ($47.6M) tackles addiction with a connected nicotine patch. And Endotronix ($32M) is pioneering an implantable connected cardiac sensor for heart failure monitoring. Meanwhile, ClearCare ($60M) has focused on home care facility software , betting that the market will grow as Baby Boomers age, and Honor raised $42M for its on-demand senior caregiving service. Other major raises include Accolade ($71M) a digital health personal assistant company, the virtual pharmacy PillPack ($31M), big data AI firm Cognitive Scale ($22M) and robotic surgery start-up Cambridge Medical Solutions ($20M). 500M 75M 50M 25M ONDUO
  8. 8. HEALTH 2.0 QUARTERLY REPORT :: Q3 2016 0 10 20 30 40 50 60 70 80 90 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, SEPTEMBER 2016
  9. 9. HEALTH 2.0 QUARTERLY REPORT :: Q3 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 :: Q3 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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