SlideShare a Scribd company logo
Consumer Digital
Health
How Market Shift Is Leading to
New Opportunities
Steve Allan CFA
Head of SVB Analytics
sallan@svb.com
Scott Winder
Director
swinder@svb.com
Alex Lee
Manager
klee@svb.com
Emily Wengel
Associate
ewengel@svb.com
Written by SVB Analytics:
Table of Contents
2
3 Consumer Digital Health: Introduction & Financing Trends Overview
9 Healthcare Consumers: Fundamental Needs of the User
13 Financing Trends: Shift Toward Clinically Driven Consumer Health
17 Fitness/Wellness: Adapting to the Market
22 Disease Management: Growth Opportunities
28 Market Outlook: Assessing Consumer Health Opportunities
30 About the Authors
31 About Silicon Valley Bank and SVB Analytics
Consumer Digital Health
Consumer Digital Health: Market Shifts to Focus on
Engagement and Improved Patient Outcomes
Consumer Digital Health 3
Consumer Digital
Health Companies
address the needs
of patients and
healthcare
consumers
Investment trends in digital health are shifting from consumer
wellness applications to clinically driven solutions that drive
better health outcomes at lower costs.
This next wave of financing focuses on encouraging consumers
and patients to change health-related behaviors, underscoring
the greater opportunities for companies with solutions that
create value for payers, providers, employers and consumers.
This is the second in a series of reports from SVB Analytics examining Digital Health.
In this report we:
• Analyze broad consumer health trends and business models
• Examine the shift in investments from consumer wellness to clinically focused solutions
• Describe adaptation strategies of consumer wellness and wearables companies
• Explore potential areas of opportunity in disease management
Digital Health Landscape
Consumer Digital Health 4
Patients / Consumers
In our first report, we provided a framework that landscaped the digital health sector. In this report, we
focus on consumer digital health investment trends.
FocusonHealthOutcomes
Employers / Payers
Life Science / Other Systems / Healthcare Professionals
FocusonHealthcareCosts
Enterprise Wellness
Risk Adjustment / Payer
Administration
Value Based Care
Enterprise Health
Management
Data Driven PayersPatient Engagement /
Benefits
R&D
Operational
Patient /
Professional
Interaction
Clinical Operations
Patient Surveillance
Image Management /
Analytics
Electronic Medical Records
Decision Support & Analytics /
Predictive Medicine
Marketing / Customer
Experience
Networking /
Education
Care Coordination /
Communication
Population Health Management Practice Management &
Operational Workflows
Professional Search Insurance SearchSocial SupportGenetic Screening
Disease / Medication
Management
Education Fitness / Wellness /
Wearables / Tracking
TelemedicineRemote
Monitoring
Patient-Clinician
Communication
Digital Therapeutics /
Pill Plus
Focus on Consumer Health: Categorizations
Consumer Digital Health
Patients / Consumers
5
TelemedicineRemote
Monitoring
Patient-Clinician
Communication
Digital Therapeutics /
Pill Plus
Patient /
Professional
Interaction
• Disease Management
Disease/Medication Management
Digital Therapeutics
• Monitoring
Remote Monitoring
• Communications
Telemedicine
Patient-Clinician Communication
Clinical Enablement
• Fitness / Wellness
Fitness
Wellness
Wearables
Tracking
Consumer Activation
• Medical Education
Education
Social Support
Genetic Screening
• Provider Search
Professional Search
• Insurance
Insurance Search
Education and Transparency
Less Clinically
Focused
More Clinically
Focused
For our analysis, we looked at
three key themes: clinical
enablement, consumer activation
and education and transparency.
We also grouped consumer digital
health into seven categories, and
focused on fitness/wellness and
disease management.
Professional Search Insurance SearchSocial SupportGenetic Screening
Disease / Medication
Management
Fitness / Wellness /
Wearables / Tracking
Education
$0
$500
$1,000
$1,500
$2,000
$2,500
$3,000
$3,500
0%
10%
20%
30%
40%
50%
60%
70%
2011 2012 2013 2014 2015 2016 (E)
TotalFunding($M)
PercentageofTotalFunding
$
(Consumer)
Consumer
Funding (%)
Consumer Digital Health Financing Trends Overview
Consumer Digital Health 6
Source: Rock Health Database;2011-2016Q2
SVB Analytics Analysis
2016(E) is extrapolatedbased on 2016HY
About 55% of all digital health investments since 2011 have been in companies whose technologies
interface with the consumer in some manner. This reflects the convergence of technologies to drive and
measure improved health outcomes and cost savings, and funding is following.
Investments in Consumer Health Companies as a
Percentage of Total Digital Health Investments
(2011 to Q2 2016)
0%
10%
20%
30%
40%
50%
60%
$0
$500
$1,000
$1,500
$2,000
$2,500
$3,000
2011 2012 2013 2014 2015 2016 (E)
TotalFunding($M)
Crossover Investments
Financings without Strategic Investor
Financings with Strategic Investor
% of Deal Count with Strategic Investors
Strategic Investors Actively Investing in Consumer
Digital Health
Consumer Digital Health 7
Consumer Digital Health Investments
(2011 to Q2 2016)
* Crossover investmentsrepresentinvestment rounds greaterthan $100M that are led by a crossover investor
Source: Rock Health Database;2011-2016Q2
SVB Analytics Analysis
2016(E) is extrapolatedbased on 2016HY
Top Strategic Investors
Focused on Consumer Health
The number of deals with strategic investors participating has slowly increased over time, as tech, life
science, healthcare and insurance companies seek to partner and collaborate with startups.
1
2
3
4
5
6
7
8
0%
10%
20%
30%
40%
50%
$0
$200
$400
$600
$800
$1,000
$1,200
$1,400
$1,600
$1,800
$2,000
2011 2012 2013 2014 2015 2016
(E)
TotalFunding($M)
Crossover Investments
Financings without Strategic Investors
Financings with Strategic Investors
% of Dollar Investments with Strategic Investors
0%
10%
20%
30%
40%
50%
$0
$200
$400
$600
$800
$1,000
$1,200
$1,400
$1,600
$1,800
$2,000
2011 2012 2013 2014 2015 2016
(E)
TotalFunding($M)
Crossover Investments
Financings without Strategic Investors
Financings with Strategic Investors
% of Dollar Investments with Strategic Investors
Strategic Investors Shift to More Clinically Focused
Investments
Consumer Digital Health 8
Other Consumer Digital Health Investments*
(2011 to Q2 2016)
Clinically Focused Consumer Digital Health
Investments* (2011 to Q2 2016)
Strategic investors have recently shifted their attention to clinically focused startups as they begin to
see how technologies designed to affect patient behavior can generate better health outcomes and
cost savings.
* Crossover investmentsrepresentinvestment rounds greaterthan $100M that are led by a crossover investor
Source: Rock Health Database;2011-2016Q2
SVB Analytics Analysis
2016(E) is extrapolatedbased on 2016HY
*IncludesClinical EnablementCompanies *IncludesConsumer Activation and Educationand Transparency Companies
Consumer Digital Health 9
Healthcare
Consumers:
Fundamental Needs of the User
Challenge Fundamental Need Solution
Lack of choice and
price transparency
Consumer-
Friendliness
Improve consumers' access to healthcare
and their user experience by making
healthcare easier to use
Poor health literacy Knowledge Create access to education and relevant and
personalized health information
Lack of tools to manage
health and wellness Engagement
Engage and affect behavioral change in
healthcare consumers to better manage
their own health
Consumer Digital Health 10
Overview:
Empowering Patients
Is Key to Fixing
Healthcare System
Consumer Digital Health Framework
Consumer Digital Health 11
Knowledge Engagement
Fitness / Wellness /
Wearables/ Tracking
(for leisure)
Disease / Medication
Management
(incl. Fitness/Wellness)
Professional
Search
Insurance
Search
Remote Monitoring
Social
Support
Genetic
Screening
Education
Digital
Therapeutics /
Pill Plus
Consumer-Friendliness
Challenge:
Lack of choice and
price transparency
Solution:
Improve consumers' access to
healthcare and their user experience
by making healthcare easier to use
Knowledge
Challenge:
Poor health literacy
Solution:
Create access to education and
relevant and personalized health
information
Engagement
Challenge:
Lack of tools to manage health and
wellness
Solution:
Engage and affect behavioral change in
healthcare consumers to better
manage their own health
Consumer-Friendliness
Patient-Clinician
Communication
(incl. Telemedicine)
Knowledge Engagement
Consumer-Friendliness
Consumer Digital Health Framework
Consumer Digital Health 12
Consumer-Friendliness
Challenge:
Lack of choice and
price transparency
Solution:
Improve consumers' access to
healthcare and their user experience
by making healthcare easier to use
Knowledge
Challenge:
Poor health literacy
Solution:
Create access to education and
relevant and personalized health
information
Engagement
Challenge:
Lack of tools to manage health and
wellness
Solution:
Engage and affect behavioral change in
healthcare consumers to better
manage their own health
Consumer Digital Health 13
Financing Trends:
Shift Toward Clinically Driven
Consumer Health
$0
$500
$1,000
$1,500
$2,000
$2,500
$3,000
2011 2012 2013 2014 2015 2016 (E)
TotalCapitalInvested($M)
Disease
Management
Remote Monitoring
Communications
Fitness / Wellness
Medical Education
Provider Search
Insurance
Total Capital Invested by Category
(2011 – Q2 2016)
Financing Trends: Historic Investment Trends Weighted
Toward Wellness
Consumer Digital Health 14
The advent of the quantified self movement in the early 2010s attracted significant capital, especially
in the fitness and wellness category.
Source: Rock Health Database Q2 2016, Pitchbook,2011-2016 Q2;
SVB Analytics Analysis
2016(E) is extrapolatedbased on 1H 2016
More
Clinically
Focused
Less
Clinically
Focused
Disease Management
Remote Monitoring
Communications
Medical Education
Provider Search
Insurance Search
Fitness / Wellness
Clinical
Enablement
Education and
Transparency
Consumer
Activation
Financing Trends: Rise of Clinically Driven
Consumer Health
Consumer Digital Health 15
Percentage of Total Deal Count Over Time
by Category (2011 – Q2 2016)
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2011 2012 2013 2014 2015 2016 (E)
Disease
Management
Remote Monitoring
Communications
Fitness / Wellness
Medical Education
Provider Search
Insurance
There has been a gradual shift toward increased investment activity in the more clinically focused
categories of disease management, remote monitoring and communications.
Source: Rock Health Database Q2 2016, Pitchbook,2011-2016 Q2;
SVB Analytics Analysis
2016(E) is extrapolatedbased on 1H 2016
More
Clinically
Focused
Less
Clinically
Focused
Disease Management
Remote Monitoring
Communications
Medical Education
Provider Search
Insurance Search
Fitness / Wellness
Clinical
Enablement
Education and
Transparency
More
Consumer
Focused
Financing Trends: More Clinically Focused
Companies Receiving Early-Stage Funding
Consumer Digital Health 16
Investment Amount by Stage of Development (2011 – Q2 2016)
0
10
20
30
40
50
60
70
80
90
100
$0
$200
$400
$600
$800
$1,000
$1,200
2011 2012 2013 2014 2015 2016
(E)
Funding($M)
Early Mid
Late Total Deal Count
0
10
20
30
40
50
60
70
80
90
100
$0
$200
$400
$600
$800
$1,000
$1,200
2011 2012 2013 2014 2015 2016
(E)
Funding($M)
Early Mid
Late Total Deal Count
0
10
20
30
40
50
60
70
80
90
100
$0
$200
$400
$600
$800
$1,000
$1,200
2011 2012 2013 2014 2015 2016
(E)
Funding($M)
Early Mid
Late Total Deal Count
The clinically focused areas of disease management and patient-provider communications are
seeing an increase in early-stage funding, indicating new startup formation; consumer activation
and education and transparency companies are maturing, with fewer early-stage rounds raised.
Source: Rock Health Database Q2 2016, Pitchbook,2011-2016 Q2;
SVB Analytics Analysis
2016(E) is extrapolatedbased on 1H 2016
Early – Seed and Series A, Mid – Series B and C, Late – Series D and later
Clinical Enablement
Disease Management
Monitoring
Communications
Consumer Activation
Fitness/Wellness
Education and Transparency
Medical Education
Provider Search
Insurance Search
Consumer Digital Health 17
Fitness/Wellness:
Adapting To The Market
Fitness/Wellness: Decline in Valuations and
Investment Size
Consumer Digital Health 18
Median Pre-Money Valuation of
Fitness/Wellness Companies
(2011 – Q2 2016)
Median Invested Capital of
Fitness/Wellness Companies
(2011 – Q2 2016)
$0
$5
$10
$15
$20
$25
$30
$35
$40
2011 2012 2013 2014 2015 1H 2016
MedianPre-MoneyValuation($M)
Valuations and financing round sizes have declined in 2016 due to increased competition and
shifting investor interest toward clinical applications, forcing wellness companies to adapt.
Source: Pitchbook, 2011-2016Q2;
SVB Analytics Analysis
Series BSeries ASeries Seed
$0
$2
$4
$6
$8
$10
$12
$14
$16
$18
$20
2011 2012 2013 2014 2015 1H 2016
MedianInvestedCapital($M)
Strategy Description Examples
Strategic Exit Sell business to strategic partners
Acquire
Acquire companies to build clinical
programs
Partner
Partner with academic institutions to
conduct clinical studies and provide
ancillary data
Develop
Develop features or pivot business
model in order to collect real world
data or gather clinical-grade data
Consumer Digital Health 19
Fitness/Wellness:
Companies Adapt to
Changing Marketplace
As investors move toward more clinically focused strategies, wearables and wellness companies are
executing different strategies to adapt to this shifting landscape.
11/11/2015 $250M $64M 3.9x
3/25/2014 $100M $37M 2.7x
2/12/2016 $85M $16M 7.4x
8/5/2015 $235M NA NA
2/4/2015 $474M $18M 26.3x
2/4/2015 $85M $6M 13.7x
12/6/2013 $150M $24M 6.3
Fitness/Wellness: Exit to Sports and Fashion
Companies
Consumer Digital Health 20
“If you don’t have a brand, it is hard to be legit in this space.”
– Sonny Vu, Chief Executive and co-founder of Misfit
Acquirer Target Date
Deal Value
($M)
Invested
Capital (IC $M)
EV / IC
Multiple
SoftwareHardware
Source: Capital IQ
SVB Analytics Analysis
Wall StreetJournal - Fossil Group to Buy Misfit for $260 Million
Sports
Fitness
Apparel
Fashion
Tech
Facing declining investor interest, companies that are not adopting clinical strategies are instead
choosing to sell to sports and fashion retailers. Among those, software-focused firms are receiving
the highest exit multiples.
$6.5B IPO
Partnership: Study on weightlossand
breast cancer prevention
Announcement: 200 clinical studies
run on Fitbit / Fitabase App
Hire: VP Digital Health from Walgreens
Acquisition +
Personnel
2013 2014 2015 2016
Fitness/Wellness: Companies Partner, Acquire or
Develop Clinical Technologies
Consumer Digital Health 21
Source: Company Press Releases,Mobihealthnews,FastCompany,clinicaltrials.gov,Fitbit S-1
• Two 510k approvals
• Real-time patient monitoring on
physician smartphone
• CEO of Spectros becomes Chief
Medical Officer of Jawbone
Acquisition
Jawbone, Fitbit, and Scanadu started in consumer wellness and have made acquisitions, formed
partnerships and started internal developments to adapt to the changing marketplace.
Consumer Clinical
• Has “FDA approval… [and] understandshow
to run a clinical trial with hospitals and
wellnessproviders.”
• 87 patents, >500 trillion data points
• “Partnered…for diabetes prevention”
Regulatory:
Announces Plans for
510K Submission
• Forms clinical advisory board
• Announces plans for clinical
trials
$10.5M
Series A
Used for clinical development
and regulatory approval in
U.S. and China
$35M
Series B
Acquire
Partner
Develop Kickstarter:
Branded as DIY
Vital Signs Device
Consumer Digital Health 22
Disease Management:
Growth Opportunities
General Disease
Management and
Vitals Monitoring
Solutions that help
patients manage
any type of disease
Medication
Management
Solutions that help
patients adhere to
and manage their
medications
Disease Specific
Solutions that help
patients manage one
specific type of
disease or disorder
Disease Management: Approaches to Engaging
Patients
Consumer Digital Health 23
*Includesboth Disease Managementand RemoteMonitoringcompaniesand deals
Source: Rock Health Database Q2 2016, Pitchbook,2011-2016 Q2;
SVB Analytics Analysis
Percentage of Total Capital Invested by Category*
(2011 – Q2 2016)
30%
8%
62%
Disease management and remote monitoring companies are shifting to focus on a specific disease to
help patients and providers better manage the condition as opposed to providing general solutions
aimed at patients facing different diseases.
Consumer Digital Health
Source: Interviewwith TJ Parker, August 19, 2016
23
“I don’t think you can scale a
business in healthcare
without working directly
with the clinical entities like
payers and providers.”
– TJ Parker, CEO
How PillPack Is Taking on Medication Management:
An Interview with TJ Parker, CEO, PillPack
Consumer Digital Health 25
Online pharmacy that uses technology to help
people take medication in a timely manner
Key Success Factors for Consumer-Centric Disease Management:
Expertise in Both Healthcare and Technology | Patient-Centric Design
Operating in the Clinical Space
Consumer health companies need to develop sound business models because
the patient is not the only customer – the payer is also the customer.
“The healthcare system is moving towards a pay for performance model. Pharmacy should do the
same and no one is truly doing that today.”
Source: Interviewwith TJ Parker, August 19, 2016
Most EXPENSIVE patients take 5+
prescriptions / day and have trouble
coordinating their medication.
Advice to Entrepreneurs
• Spend time with your consumers: figure out their pain points and
understand their core problems. And whether you can solve their
problems with technology alone or if you need to become a provider.
• Know who your customers are and what they are willing to pay for.
Poor Adherence
ProblemSolution
Manage complexity for patients
• Automated sign up and refills
• Coordination with payers
• Staff available 24/7
0
5
10
15
20
25
2011 2012 2013 2014 2015 2016 (E)
Disease Management: Increasing Focus on Behavioral
Change and Complex Disease Management
Consumer Digital Health 26
Number of Investments in Disease Management and Remote
Monitoring Sectors (2011 – Q2 2016)
There has been a steady rise in investments in companies aimed at behavioral change, while the
niche targeting complex diseases is more nascent.
Source: Rock Health Database Q2 2016, Pitchbook,2011-2016 Q2;
SVB Analytics Analysis
2016(E) is extrapolatedbased on 1H 2016
Behavioral Change
Psychiatry
Metabolic
Degenerative and
Complex Diseases
Orthopedic
Oncology
Neurology
“Remote Monitoring 1.0”
Cardiovascular
Respiratory
Disease Management: Opportunities in Complex
and Degenerative Diseases
Consumer Digital Health 27
Degenerative and complex diseases, which are difficult to manage and account for a significant
portion of U.S. medical expenditures, have received comparatively lower digital health investments,
signaling the space is ripe for disruption.
Source: Rock Health Database Q2 2016, Pitchbook,2011-2016 Q2;
SVB Analytics Analysis
AHRQ - Total Medical Expenditureby Conditionsin US, 2013
Total Medical Expenditure,
by Chronic Conditions in U.S.
2013 ($B)
Total Investments in Disease Management and Remote
Monitoring Sectors by Chronic Conditions in U.S.
2011-Q2 2016 ($M)
24%
9%
22%
11%
14%
10%
9%
$- $50 $100 $150 $200 $250
Metabolic
Psychiatric
Cardiovascular
Respiratory
Orthopedic
Oncology
Neurology
*
34%
15%
19%
12%
6%
2%
4%
$-$100$200$300$400$500
Metabolic
Psychiatric
Cardiovascular
Respiratory
Orthopedic
Oncology
Neurology
*
Behavioral Change
Psychiatry
Metabolic
Degenerative and
Complex Diseases
Orthopedic
Oncology
Neurology
“Remote Monitoring 1.0”
Cardiovascular
Respiratory
10%
6%
-3%
1%
-8%
-8%
-5%
Difference
*Excludes trauma or injury-related conditions
Consumer Digital Health 28
Market Outlook:
Assessing Consumer Health
Opportunities
Progression to Clinically Driven
Consumer Health Solutions
Consumer Digital Health 29
Exits
Remote
Monitoring 1.0
2010–14
Fitness/
Wellness
2012–16
Disease
Management
2014–18
Digital
Therapeutics
2016–20
• Led by the medtech sector
• Point solutions
• Rely on traditional
reimbursement
• Rise of quantified self
movement
• Tech investors galvanize
market with investments
into consumer hardware
and software
• Focused on fitness and
wellness
• User-friendly
cloud/mobile solutions,
clinical-grade devices
and data analytics
• Engage patients to
actively manage their
health
• Target financiers
focused on controlling
health benefit cost and
improving outcomes
• Predictive and
personalized clinical
intervention
• FDA-regulated, provider-
prescribed, combination
solutions
• Demonstrate clinically
proven efficacy and cost
savings
High-Flyers
We have seen the sector's focus move from traditional devices aimed at a specific solution to consumer
devices. Now, the focus is on digital solutions for disease management. Going forward, clinically
proven software and hardware will be integrated to drive better health outcomes and cost savings.
Source: Pitchbook, Company websites
SVB Analytics analysis
About the Authors
Consumer Digital Health 30
Steve Allan, CFA
Steve Allan is the Head of SVB Analytics, responsible for the
three areas of information services provided to the
innovation economy: Strategic Advisory Services,
Compliance Valuations, and Insights. Strategic Advisory
Services provides consultative guidance around valuations,
benchmarking and inorganic growth strategies. Compliance
Valuations issues valuation opinions for private companies.
Insight focuses on studying trends and opportunities in the
private venture-backed innovation ecosystem. Steve brings
a strong financial background and passion for
entrepreneurship to his role at SVB Analytics.
Steve earned a master’s in business administration
from Duke University's Fuqua School of Business and a
bachelor's degree in finance from the University of
Notre Dame.
Head of Analytics
sallan@svb.com
Emily Wengel
Emily Wengel is a Valuation Associate with SVB Analytics,
responsible for conducting due diligence and financial analysis
on valuation engagements for early-stage, venture-backed life
sciences companies.
Prior to joining SVB Analytics, Emily worked as a business analyst
at BioMotiv, an early stage biotech accelerator. Emily graduated
cum laude from University of Pennsylvania, where she earned a
bachelor of science in economics and a bachelor of arts in
biology.
Associate
ewengel@svb.com
Alex Lee
Alex Lee is a Valuation Manager at SVB Analytics,
responsible for conducting due diligence and financial
analysis on valuation engagements for venture-backed
companies in the Life Science sectors.
Prior to joining SVB Analytics, Alex worked as a consultant
for biopharmaceutical companies, diagnostic companies
and medical research institutions, assisting in corporate
development, product commercialization and strategic
advisory activities. Alex holds a master’s of bioscience
degree from Keck Graduate Institute and a bachelor’s of
science degree in biochemistry from the University of
Nebraska-Lincoln.
Manager
klee@svb.com
Scott Winder
Scott Winder is a Director at SVB Analytics, responsible for
managing client valuation assignments and issuing valuation
opinions. Prior to joining SVB Analytics, Scott was a manager in
the Business Valuation practice of Deloitte Financial Advisory
Services LLP based in San Francisco. While at Deloitte, Scott
provided financial advisory services related to mergers and
acquisitions, accounting compliance, tax reporting and strategic
planning for clients in the technology and life sciences industries,
with particular experience in the biotechnology and
biopharmaceutical industry segments.
Scott holds a master's degree in business administration from
the Haas School of Business (University of California at Berkeley),
and a bachelor’s degree in human biology from Occidental
College.
Director
swinder@svb.com
About Silicon Valley Bank
For more than 30 years, Silicon Valley Bank has helped
innovative companies and their investors move bold ideas
forward, fast. SVB provides targeted financial services and
expertise through its offices in innovation centers around the
world. With commercial, international and private banking
services, SVB helps address the unique needs of innovators.
Consumer Digital Health 31
This material, including without limitation to the statistical information herein, is providedfor informationalpurposesonly. The materialis based in part on
information from third-party sourcesthat we believeto be reliable,but which have not been independentlyverifiedby us and for this reason we do not represent
that the information is accurate or complete.The information should not be viewed as tax, investment,legal or other advice nor is it to be reliedon in making an
investmentor other decision. You should obtain relevantand specific professionaladvice beforemaking any investment decision.Nothing relatingto the material
should be construedas a solicitation,offer or recommendation to acquire or dispose of any investmentor to engage in any other transaction.
SVB Analytics is a memberof SVB Financial Group and a non-bank affiliate of Silicon Valley Bank. Productsand servicesofferedby SVB Analyticsare not FDIC
insured and are not depositsor other obligationsof Silicon Valley Bank. SVB Analytics does not provideinvestment,tax, or legal advice. Please consult your
investment, tax, or legal advisors for such guidance.
©2016 SVB Financial Group. All rights reserved.SVB>, SVB Financial Group, and Silicon Valley Bank are registeredtrademarks.0916-232
About SVB Analytics
SVB Analytics, a non-bank affiliate of Silicon Valley Bank, serves the
strategic business needs of entrepreneurs, corporates and investors
in the global innovation economy. For more than a decade, SVB
Analytics has helped global business leaders make informed
decisions by providing market intelligence, research, and consulting
services. Powered by proprietary data, SVB Analytics has a unique
view into the technology and life science sectors.

More Related Content

What's hot

Healthcare Rx: The Rise of the Empowered Consumer
Healthcare Rx: The Rise of the Empowered ConsumerHealthcare Rx: The Rise of the Empowered Consumer
Healthcare Rx: The Rise of the Empowered Consumer
Cognizant
 
mHealth Israel_Levi Shapiro_Israel Digital Health Overview
mHealth Israel_Levi Shapiro_Israel Digital Health Overview mHealth Israel_Levi Shapiro_Israel Digital Health Overview
mHealth Israel_Levi Shapiro_Israel Digital Health Overview
Levi Shapiro
 
April 2013 StartUp Health Insights Funding Report
April 2013 StartUp Health Insights Funding ReportApril 2013 StartUp Health Insights Funding Report
April 2013 StartUp Health Insights Funding Report
StartUp Health
 
Healthcare Digital Transformation - Outlook and recommendations for 2019
Healthcare Digital Transformation - Outlook and recommendations for 2019Healthcare Digital Transformation - Outlook and recommendations for 2019
Healthcare Digital Transformation - Outlook and recommendations for 2019
Damo Consulting Inc.
 
The Propell Group - Singapore Futurists - The Future of Health
The Propell Group - Singapore Futurists - The Future of HealthThe Propell Group - Singapore Futurists - The Future of Health
The Propell Group - Singapore Futurists - The Future of Health
Julien de Salaberry
 
TechTalks | Digital Transformation in Healthcare: Opportunities and Trends
TechTalks | Digital Transformation in Healthcare: Opportunities and TrendsTechTalks | Digital Transformation in Healthcare: Opportunities and Trends
TechTalks | Digital Transformation in Healthcare: Opportunities and Trends
rmcsoft
 
mHealth Israel_Allianz_Steffen Krotsch_eHealth at Allianz Group
mHealth Israel_Allianz_Steffen Krotsch_eHealth at Allianz GroupmHealth Israel_Allianz_Steffen Krotsch_eHealth at Allianz Group
mHealth Israel_Allianz_Steffen Krotsch_eHealth at Allianz Group
Levi Shapiro
 
Healthcare IT Trends
Healthcare IT TrendsHealthcare IT Trends
Healthcare IT Trends
David Edgerton, Jr.
 
Rethinking Health Plan Business Models for the Emerging On-Demand Digital Eco...
Rethinking Health Plan Business Models for the Emerging On-Demand Digital Eco...Rethinking Health Plan Business Models for the Emerging On-Demand Digital Eco...
Rethinking Health Plan Business Models for the Emerging On-Demand Digital Eco...
Cognizant
 
mHealth Israel_Levi Shapirosrael digital health overview
mHealth Israel_Levi Shapirosrael digital health overviewmHealth Israel_Levi Shapirosrael digital health overview
mHealth Israel_Levi Shapirosrael digital health overviewLevi Shapiro
 
mHealth Israel_Guy Eiferman_Healthcare Services_Merck & Co.
mHealth Israel_Guy Eiferman_Healthcare Services_Merck & Co.mHealth Israel_Guy Eiferman_Healthcare Services_Merck & Co.
mHealth Israel_Guy Eiferman_Healthcare Services_Merck & Co.
Levi Shapiro
 
Rock Report: Big Data by @Rock_Health
Rock Report: Big Data by @Rock_HealthRock Report: Big Data by @Rock_Health
Rock Report: Big Data by @Rock_Health
Rock Health
 
Trends in Digital Health and why you should care
Trends in Digital Health and why you should careTrends in Digital Health and why you should care
Trends in Digital Health and why you should care
Michael Weber
 
Rock Report: Smart Seating - Opportunities at the intersection of automotive ...
Rock Report: Smart Seating - Opportunities at the intersection of automotive ...Rock Report: Smart Seating - Opportunities at the intersection of automotive ...
Rock Report: Smart Seating - Opportunities at the intersection of automotive ...
Rock Health
 
[Digital Health Report] HealthXL & AARP: Enabling Connected & Independent Liv...
[Digital Health Report] HealthXL & AARP: Enabling Connected & Independent Liv...[Digital Health Report] HealthXL & AARP: Enabling Connected & Independent Liv...
[Digital Health Report] HealthXL & AARP: Enabling Connected & Independent Liv...
Maeve Lyons
 
CB Insights Q2 2021 Healthcare Report
CB Insights Q2 2021 Healthcare ReportCB Insights Q2 2021 Healthcare Report
CB Insights Q2 2021 Healthcare Report
Levi Shapiro
 
Patient centricity and digital solutions
Patient centricity and digital solutionsPatient centricity and digital solutions
Patient centricity and digital solutions
Ahmed Graouch
 
Digital Innovation Impact in Life Sciences July
Digital Innovation Impact in Life Sciences JulyDigital Innovation Impact in Life Sciences July
Digital Innovation Impact in Life Sciences JulyPaul Gulbin
 
The Work Ahead in Healthcare: Digital Delivers at the Frontlines of Care
The Work Ahead in Healthcare: Digital Delivers at the Frontlines of CareThe Work Ahead in Healthcare: Digital Delivers at the Frontlines of Care
The Work Ahead in Healthcare: Digital Delivers at the Frontlines of Care
Cognizant
 
Mark Behl Presents: 3 Up-and-Coming Digital Health Companies That Put Patient...
Mark Behl Presents: 3 Up-and-Coming Digital Health Companies That Put Patient...Mark Behl Presents: 3 Up-and-Coming Digital Health Companies That Put Patient...
Mark Behl Presents: 3 Up-and-Coming Digital Health Companies That Put Patient...
Mark Behl
 

What's hot (20)

Healthcare Rx: The Rise of the Empowered Consumer
Healthcare Rx: The Rise of the Empowered ConsumerHealthcare Rx: The Rise of the Empowered Consumer
Healthcare Rx: The Rise of the Empowered Consumer
 
mHealth Israel_Levi Shapiro_Israel Digital Health Overview
mHealth Israel_Levi Shapiro_Israel Digital Health Overview mHealth Israel_Levi Shapiro_Israel Digital Health Overview
mHealth Israel_Levi Shapiro_Israel Digital Health Overview
 
April 2013 StartUp Health Insights Funding Report
April 2013 StartUp Health Insights Funding ReportApril 2013 StartUp Health Insights Funding Report
April 2013 StartUp Health Insights Funding Report
 
Healthcare Digital Transformation - Outlook and recommendations for 2019
Healthcare Digital Transformation - Outlook and recommendations for 2019Healthcare Digital Transformation - Outlook and recommendations for 2019
Healthcare Digital Transformation - Outlook and recommendations for 2019
 
The Propell Group - Singapore Futurists - The Future of Health
The Propell Group - Singapore Futurists - The Future of HealthThe Propell Group - Singapore Futurists - The Future of Health
The Propell Group - Singapore Futurists - The Future of Health
 
TechTalks | Digital Transformation in Healthcare: Opportunities and Trends
TechTalks | Digital Transformation in Healthcare: Opportunities and TrendsTechTalks | Digital Transformation in Healthcare: Opportunities and Trends
TechTalks | Digital Transformation in Healthcare: Opportunities and Trends
 
mHealth Israel_Allianz_Steffen Krotsch_eHealth at Allianz Group
mHealth Israel_Allianz_Steffen Krotsch_eHealth at Allianz GroupmHealth Israel_Allianz_Steffen Krotsch_eHealth at Allianz Group
mHealth Israel_Allianz_Steffen Krotsch_eHealth at Allianz Group
 
Healthcare IT Trends
Healthcare IT TrendsHealthcare IT Trends
Healthcare IT Trends
 
Rethinking Health Plan Business Models for the Emerging On-Demand Digital Eco...
Rethinking Health Plan Business Models for the Emerging On-Demand Digital Eco...Rethinking Health Plan Business Models for the Emerging On-Demand Digital Eco...
Rethinking Health Plan Business Models for the Emerging On-Demand Digital Eco...
 
mHealth Israel_Levi Shapirosrael digital health overview
mHealth Israel_Levi Shapirosrael digital health overviewmHealth Israel_Levi Shapirosrael digital health overview
mHealth Israel_Levi Shapirosrael digital health overview
 
mHealth Israel_Guy Eiferman_Healthcare Services_Merck & Co.
mHealth Israel_Guy Eiferman_Healthcare Services_Merck & Co.mHealth Israel_Guy Eiferman_Healthcare Services_Merck & Co.
mHealth Israel_Guy Eiferman_Healthcare Services_Merck & Co.
 
Rock Report: Big Data by @Rock_Health
Rock Report: Big Data by @Rock_HealthRock Report: Big Data by @Rock_Health
Rock Report: Big Data by @Rock_Health
 
Trends in Digital Health and why you should care
Trends in Digital Health and why you should careTrends in Digital Health and why you should care
Trends in Digital Health and why you should care
 
Rock Report: Smart Seating - Opportunities at the intersection of automotive ...
Rock Report: Smart Seating - Opportunities at the intersection of automotive ...Rock Report: Smart Seating - Opportunities at the intersection of automotive ...
Rock Report: Smart Seating - Opportunities at the intersection of automotive ...
 
[Digital Health Report] HealthXL & AARP: Enabling Connected & Independent Liv...
[Digital Health Report] HealthXL & AARP: Enabling Connected & Independent Liv...[Digital Health Report] HealthXL & AARP: Enabling Connected & Independent Liv...
[Digital Health Report] HealthXL & AARP: Enabling Connected & Independent Liv...
 
CB Insights Q2 2021 Healthcare Report
CB Insights Q2 2021 Healthcare ReportCB Insights Q2 2021 Healthcare Report
CB Insights Q2 2021 Healthcare Report
 
Patient centricity and digital solutions
Patient centricity and digital solutionsPatient centricity and digital solutions
Patient centricity and digital solutions
 
Digital Innovation Impact in Life Sciences July
Digital Innovation Impact in Life Sciences JulyDigital Innovation Impact in Life Sciences July
Digital Innovation Impact in Life Sciences July
 
The Work Ahead in Healthcare: Digital Delivers at the Frontlines of Care
The Work Ahead in Healthcare: Digital Delivers at the Frontlines of CareThe Work Ahead in Healthcare: Digital Delivers at the Frontlines of Care
The Work Ahead in Healthcare: Digital Delivers at the Frontlines of Care
 
Mark Behl Presents: 3 Up-and-Coming Digital Health Companies That Put Patient...
Mark Behl Presents: 3 Up-and-Coming Digital Health Companies That Put Patient...Mark Behl Presents: 3 Up-and-Coming Digital Health Companies That Put Patient...
Mark Behl Presents: 3 Up-and-Coming Digital Health Companies That Put Patient...
 

Viewers also liked

Galen Growth Asia RESI 2017 Presentation
Galen Growth Asia RESI 2017 PresentationGalen Growth Asia RESI 2017 Presentation
Galen Growth Asia RESI 2017 Presentation
Galen Growth
 
SVB digital health-report-2016
SVB digital health-report-2016SVB digital health-report-2016
SVB digital health-report-2016
Galen Growth
 
SKIM Consumer Health
SKIM Consumer HealthSKIM Consumer Health
SKIM Consumer HealthSKIM
 
Health and Wellness Devices
Health and Wellness DevicesHealth and Wellness Devices
Health and Wellness Devices
Kline and Company
 
Social Media To Promote Employee Wellness
Social Media To Promote Employee WellnessSocial Media To Promote Employee Wellness
Social Media To Promote Employee Wellnesssgreentcu
 
Digital Marketing Wandering Wellness Presentation
Digital Marketing Wandering Wellness PresentationDigital Marketing Wandering Wellness Presentation
Digital Marketing Wandering Wellness PresentationAnnie Feutz
 
Steven Wardell Digital Health Landscape v1.8
Steven Wardell Digital Health Landscape v1.8Steven Wardell Digital Health Landscape v1.8
Steven Wardell Digital Health Landscape v1.8
Steven Wardell
 
1.06 practices that promote wellness
1.06 practices that promote wellness1.06 practices that promote wellness
1.06 practices that promote wellness
melodiekernahan
 
Wellness and social media - A look at Inova's FitFor50 program
Wellness and social media - A look at Inova's FitFor50 programWellness and social media - A look at Inova's FitFor50 program
Wellness and social media - A look at Inova's FitFor50 program
@chrisboyer LLC
 
Bayer AG Meet Management 2016 Investor Handout
Bayer AG Meet Management 2016 Investor HandoutBayer AG Meet Management 2016 Investor Handout
Bayer AG Meet Management 2016 Investor Handout
Bayer
 
2012 Digital Trends For Healthcare Marketing
2012 Digital Trends For Healthcare Marketing2012 Digital Trends For Healthcare Marketing
2012 Digital Trends For Healthcare Marketing
GSW
 
MaRS Market Insights - Consumer Digital Health: Market Opportunities and New ...
MaRS Market Insights - Consumer Digital Health: Market Opportunities and New ...MaRS Market Insights - Consumer Digital Health: Market Opportunities and New ...
MaRS Market Insights - Consumer Digital Health: Market Opportunities and New ...
MaRS Discovery District
 
State of the Consumer Health Industry in 2014
State of the Consumer Health Industry in 2014State of the Consumer Health Industry in 2014
State of the Consumer Health Industry in 2014
Euromonitor International
 
Evolving Business Models in Digital Health
Evolving Business Models in Digital HealthEvolving Business Models in Digital Health
Evolving Business Models in Digital Health
Robert Mittendorff, MD, MBA
 
Riding the new wave of pharma market trends dk
Riding the new wave of pharma market trends dkRiding the new wave of pharma market trends dk
Riding the new wave of pharma market trends dkDanny D. Kosasih
 
Mayo Clinic Health and Wellness Mobile App
Mayo Clinic Health and Wellness Mobile App Mayo Clinic Health and Wellness Mobile App
Mayo Clinic Health and Wellness Mobile App
Lizanne Wicklund
 
Recent Developments in Digital health
Recent Developments in Digital healthRecent Developments in Digital health
Recent Developments in Digital health
Andrew Harper
 
Bayer HealthCare Overview
Bayer HealthCare OverviewBayer HealthCare Overview
Bayer HealthCare Overviewbhcbelgium
 
Segmentation, Targeting & Positioning: A Case Study of Vitacimin
Segmentation, Targeting & Positioning: A Case Study of VitaciminSegmentation, Targeting & Positioning: A Case Study of Vitacimin
Segmentation, Targeting & Positioning: A Case Study of Vitacimin
Danny D. Kosasih
 

Viewers also liked (19)

Galen Growth Asia RESI 2017 Presentation
Galen Growth Asia RESI 2017 PresentationGalen Growth Asia RESI 2017 Presentation
Galen Growth Asia RESI 2017 Presentation
 
SVB digital health-report-2016
SVB digital health-report-2016SVB digital health-report-2016
SVB digital health-report-2016
 
SKIM Consumer Health
SKIM Consumer HealthSKIM Consumer Health
SKIM Consumer Health
 
Health and Wellness Devices
Health and Wellness DevicesHealth and Wellness Devices
Health and Wellness Devices
 
Social Media To Promote Employee Wellness
Social Media To Promote Employee WellnessSocial Media To Promote Employee Wellness
Social Media To Promote Employee Wellness
 
Digital Marketing Wandering Wellness Presentation
Digital Marketing Wandering Wellness PresentationDigital Marketing Wandering Wellness Presentation
Digital Marketing Wandering Wellness Presentation
 
Steven Wardell Digital Health Landscape v1.8
Steven Wardell Digital Health Landscape v1.8Steven Wardell Digital Health Landscape v1.8
Steven Wardell Digital Health Landscape v1.8
 
1.06 practices that promote wellness
1.06 practices that promote wellness1.06 practices that promote wellness
1.06 practices that promote wellness
 
Wellness and social media - A look at Inova's FitFor50 program
Wellness and social media - A look at Inova's FitFor50 programWellness and social media - A look at Inova's FitFor50 program
Wellness and social media - A look at Inova's FitFor50 program
 
Bayer AG Meet Management 2016 Investor Handout
Bayer AG Meet Management 2016 Investor HandoutBayer AG Meet Management 2016 Investor Handout
Bayer AG Meet Management 2016 Investor Handout
 
2012 Digital Trends For Healthcare Marketing
2012 Digital Trends For Healthcare Marketing2012 Digital Trends For Healthcare Marketing
2012 Digital Trends For Healthcare Marketing
 
MaRS Market Insights - Consumer Digital Health: Market Opportunities and New ...
MaRS Market Insights - Consumer Digital Health: Market Opportunities and New ...MaRS Market Insights - Consumer Digital Health: Market Opportunities and New ...
MaRS Market Insights - Consumer Digital Health: Market Opportunities and New ...
 
State of the Consumer Health Industry in 2014
State of the Consumer Health Industry in 2014State of the Consumer Health Industry in 2014
State of the Consumer Health Industry in 2014
 
Evolving Business Models in Digital Health
Evolving Business Models in Digital HealthEvolving Business Models in Digital Health
Evolving Business Models in Digital Health
 
Riding the new wave of pharma market trends dk
Riding the new wave of pharma market trends dkRiding the new wave of pharma market trends dk
Riding the new wave of pharma market trends dk
 
Mayo Clinic Health and Wellness Mobile App
Mayo Clinic Health and Wellness Mobile App Mayo Clinic Health and Wellness Mobile App
Mayo Clinic Health and Wellness Mobile App
 
Recent Developments in Digital health
Recent Developments in Digital healthRecent Developments in Digital health
Recent Developments in Digital health
 
Bayer HealthCare Overview
Bayer HealthCare OverviewBayer HealthCare Overview
Bayer HealthCare Overview
 
Segmentation, Targeting & Positioning: A Case Study of Vitacimin
Segmentation, Targeting & Positioning: A Case Study of VitaciminSegmentation, Targeting & Positioning: A Case Study of Vitacimin
Segmentation, Targeting & Positioning: A Case Study of Vitacimin
 

Similar to SVB Consumer digital-health-report-2016

A New Generation of Digital Health Customers by Alain Peddle
A New Generation of Digital Health Customers by Alain PeddleA New Generation of Digital Health Customers by Alain Peddle
A New Generation of Digital Health Customers by Alain Peddle
The Digital Insurer
 
The Future of Personalizing Care Management & the Patient Experience
The Future of Personalizing Care Management & the Patient ExperienceThe Future of Personalizing Care Management & the Patient Experience
The Future of Personalizing Care Management & the Patient Experience
Raphael Louis Vitón
 
Cherian&Associates 10 Health Innovations
Cherian&Associates 10 Health InnovationsCherian&Associates 10 Health Innovations
Cherian&Associates 10 Health Innovationsmzeta
 
Customer Journey Analytics: Cracking the Patient Engagement Challenge for Payers
Customer Journey Analytics: Cracking the Patient Engagement Challenge for PayersCustomer Journey Analytics: Cracking the Patient Engagement Challenge for Payers
Customer Journey Analytics: Cracking the Patient Engagement Challenge for Payers
Health Catalyst
 
mHealth Israel_GEARING COMMUNICATIONS TO RAISE CAPITAL AND ATTRACT CUSTOMERS_...
mHealth Israel_GEARING COMMUNICATIONS TO RAISE CAPITAL AND ATTRACT CUSTOMERS_...mHealth Israel_GEARING COMMUNICATIONS TO RAISE CAPITAL AND ATTRACT CUSTOMERS_...
mHealth Israel_GEARING COMMUNICATIONS TO RAISE CAPITAL AND ATTRACT CUSTOMERS_...
Levi Shapiro
 
9 Actionable Healthcare Tweets from HIMSS 2015
9 Actionable Healthcare Tweets from HIMSS 20159 Actionable Healthcare Tweets from HIMSS 2015
9 Actionable Healthcare Tweets from HIMSS 2015
Buddy Scalera
 
Patient Engagement: The Next Wave of Change in Healthcare IT
Patient Engagement: The Next Wave of Change in Healthcare ITPatient Engagement: The Next Wave of Change in Healthcare IT
Patient Engagement: The Next Wave of Change in Healthcare IT
Cascadia Capital
 
United healthcare trends discussion by Frost & Sullivan
United healthcare trends discussion by Frost & SullivanUnited healthcare trends discussion by Frost & Sullivan
United healthcare trends discussion by Frost & Sullivan
Modupe Sarratt
 
Quest for Value Deloitte
Quest for Value DeloitteQuest for Value Deloitte
Quest for Value Deloittekdexpressible
 
How Demand Generation Will Help Transform the Healthcare Industry.pdf
How Demand Generation Will Help Transform the Healthcare Industry.pdfHow Demand Generation Will Help Transform the Healthcare Industry.pdf
How Demand Generation Will Help Transform the Healthcare Industry.pdf
DEMANDAY intent driven
 
Healthcare IT Services Insights - January 2016
Healthcare IT Services Insights - January 2016Healthcare IT Services Insights - January 2016
Healthcare IT Services Insights - January 2016
Duff & Phelps
 
Harnessing Population Health Management to Promote Quality Improvement in Hea...
Harnessing Population Health Management to Promote Quality Improvement in Hea...Harnessing Population Health Management to Promote Quality Improvement in Hea...
Harnessing Population Health Management to Promote Quality Improvement in Hea...
Queena Deschene, RCFE
 
Driving Real Change In US Healthcare - Webinar slides
Driving Real Change In US Healthcare - Webinar slidesDriving Real Change In US Healthcare - Webinar slides
Driving Real Change In US Healthcare - Webinar slides
Belatrix Software
 
Miles Kirby Qualcomm Ventures #MWC14 #mHealth
Miles Kirby Qualcomm Ventures #MWC14 #mHealthMiles Kirby Qualcomm Ventures #MWC14 #mHealth
Miles Kirby Qualcomm Ventures #MWC14 #mHealth3GDR
 
The 10 Leading Patient Engagement Solution Providers in 2018
The 10 Leading Patient Engagement Solution Providers in 2018The 10 Leading Patient Engagement Solution Providers in 2018
The 10 Leading Patient Engagement Solution Providers in 2018
insightscare
 
Sa*ple
Sa*pleSa*ple
Sa*ple
Krishanu B
 
Blue Button 2.0
Blue Button 2.0Blue Button 2.0
Patient_Engagement_Whitepaper
Patient_Engagement_WhitepaperPatient_Engagement_Whitepaper
Patient_Engagement_WhitepaperTony Fanelli
 
Think Your Patients Are Loyal? Think Again. It Takes Work!
Think Your Patients Are Loyal? Think Again. It Takes Work!Think Your Patients Are Loyal? Think Again. It Takes Work!
Think Your Patients Are Loyal? Think Again. It Takes Work!
Renown Health
 

Similar to SVB Consumer digital-health-report-2016 (20)

A New Generation of Digital Health Customers by Alain Peddle
A New Generation of Digital Health Customers by Alain PeddleA New Generation of Digital Health Customers by Alain Peddle
A New Generation of Digital Health Customers by Alain Peddle
 
The Future of Personalizing Care Management & the Patient Experience
The Future of Personalizing Care Management & the Patient ExperienceThe Future of Personalizing Care Management & the Patient Experience
The Future of Personalizing Care Management & the Patient Experience
 
Vertelogics MR.ES
Vertelogics MR.ESVertelogics MR.ES
Vertelogics MR.ES
 
Cherian&Associates 10 Health Innovations
Cherian&Associates 10 Health InnovationsCherian&Associates 10 Health Innovations
Cherian&Associates 10 Health Innovations
 
Customer Journey Analytics: Cracking the Patient Engagement Challenge for Payers
Customer Journey Analytics: Cracking the Patient Engagement Challenge for PayersCustomer Journey Analytics: Cracking the Patient Engagement Challenge for Payers
Customer Journey Analytics: Cracking the Patient Engagement Challenge for Payers
 
mHealth Israel_GEARING COMMUNICATIONS TO RAISE CAPITAL AND ATTRACT CUSTOMERS_...
mHealth Israel_GEARING COMMUNICATIONS TO RAISE CAPITAL AND ATTRACT CUSTOMERS_...mHealth Israel_GEARING COMMUNICATIONS TO RAISE CAPITAL AND ATTRACT CUSTOMERS_...
mHealth Israel_GEARING COMMUNICATIONS TO RAISE CAPITAL AND ATTRACT CUSTOMERS_...
 
9 Actionable Healthcare Tweets from HIMSS 2015
9 Actionable Healthcare Tweets from HIMSS 20159 Actionable Healthcare Tweets from HIMSS 2015
9 Actionable Healthcare Tweets from HIMSS 2015
 
Patient Engagement: The Next Wave of Change in Healthcare IT
Patient Engagement: The Next Wave of Change in Healthcare ITPatient Engagement: The Next Wave of Change in Healthcare IT
Patient Engagement: The Next Wave of Change in Healthcare IT
 
United healthcare trends discussion by Frost & Sullivan
United healthcare trends discussion by Frost & SullivanUnited healthcare trends discussion by Frost & Sullivan
United healthcare trends discussion by Frost & Sullivan
 
Quest for Value Deloitte
Quest for Value DeloitteQuest for Value Deloitte
Quest for Value Deloitte
 
How Demand Generation Will Help Transform the Healthcare Industry.pdf
How Demand Generation Will Help Transform the Healthcare Industry.pdfHow Demand Generation Will Help Transform the Healthcare Industry.pdf
How Demand Generation Will Help Transform the Healthcare Industry.pdf
 
Healthcare IT Services Insights - January 2016
Healthcare IT Services Insights - January 2016Healthcare IT Services Insights - January 2016
Healthcare IT Services Insights - January 2016
 
Harnessing Population Health Management to Promote Quality Improvement in Hea...
Harnessing Population Health Management to Promote Quality Improvement in Hea...Harnessing Population Health Management to Promote Quality Improvement in Hea...
Harnessing Population Health Management to Promote Quality Improvement in Hea...
 
Driving Real Change In US Healthcare - Webinar slides
Driving Real Change In US Healthcare - Webinar slidesDriving Real Change In US Healthcare - Webinar slides
Driving Real Change In US Healthcare - Webinar slides
 
Miles Kirby Qualcomm Ventures #MWC14 #mHealth
Miles Kirby Qualcomm Ventures #MWC14 #mHealthMiles Kirby Qualcomm Ventures #MWC14 #mHealth
Miles Kirby Qualcomm Ventures #MWC14 #mHealth
 
The 10 Leading Patient Engagement Solution Providers in 2018
The 10 Leading Patient Engagement Solution Providers in 2018The 10 Leading Patient Engagement Solution Providers in 2018
The 10 Leading Patient Engagement Solution Providers in 2018
 
Sa*ple
Sa*pleSa*ple
Sa*ple
 
Blue Button 2.0
Blue Button 2.0Blue Button 2.0
Blue Button 2.0
 
Patient_Engagement_Whitepaper
Patient_Engagement_WhitepaperPatient_Engagement_Whitepaper
Patient_Engagement_Whitepaper
 
Think Your Patients Are Loyal? Think Again. It Takes Work!
Think Your Patients Are Loyal? Think Again. It Takes Work!Think Your Patients Are Loyal? Think Again. It Takes Work!
Think Your Patients Are Loyal? Think Again. It Takes Work!
 

More from Galen Growth

Asia HealthTech Investment Landscape FY2019
Asia HealthTech Investment Landscape FY2019Asia HealthTech Investment Landscape FY2019
Asia HealthTech Investment Landscape FY2019
Galen Growth
 
Galen Growth Asia | Digital Therapeutics in Asia | Webinar
Galen Growth Asia | Digital Therapeutics in Asia | WebinarGalen Growth Asia | Digital Therapeutics in Asia | Webinar
Galen Growth Asia | Digital Therapeutics in Asia | Webinar
Galen Growth
 
Galen Growth Asia HealthTech Summit 2018 | Asia HealthTech Key Trends
Galen Growth Asia HealthTech Summit 2018 | Asia HealthTech Key TrendsGalen Growth Asia HealthTech Summit 2018 | Asia HealthTech Key Trends
Galen Growth Asia HealthTech Summit 2018 | Asia HealthTech Key Trends
Galen Growth
 
H1 2018 Asia HealthTech Investment Landscape report | Galen Growth Asia
H1 2018 Asia HealthTech Investment Landscape report | Galen Growth AsiaH1 2018 Asia HealthTech Investment Landscape report | Galen Growth Asia
H1 2018 Asia HealthTech Investment Landscape report | Galen Growth Asia
Galen Growth
 
Insurance | Stratifying risk using wearable data | MunichRe
Insurance | Stratifying risk using wearable data | MunichReInsurance | Stratifying risk using wearable data | MunichRe
Insurance | Stratifying risk using wearable data | MunichRe
Galen Growth
 
The Japan Vision Healthcare 2035
The Japan Vision Healthcare 2035The Japan Vision Healthcare 2035
The Japan Vision Healthcare 2035
Galen Growth
 
Asia Pacific Corporate Health Landscape | Galen Growth Asia
Asia Pacific Corporate Health Landscape | Galen Growth AsiaAsia Pacific Corporate Health Landscape | Galen Growth Asia
Asia Pacific Corporate Health Landscape | Galen Growth Asia
Galen Growth
 
Asia HealthTech Investment Landscape 2017 Full Year report
Asia HealthTech Investment Landscape 2017 Full Year reportAsia HealthTech Investment Landscape 2017 Full Year report
Asia HealthTech Investment Landscape 2017 Full Year report
Galen Growth
 
Galen Growth Asia HealthTech Investment Landscape H1 2017
Galen Growth Asia HealthTech Investment Landscape H1 2017Galen Growth Asia HealthTech Investment Landscape H1 2017
Galen Growth Asia HealthTech Investment Landscape H1 2017
Galen Growth
 
Galen Growth Asia InsurByte 2017
Galen Growth Asia InsurByte 2017Galen Growth Asia InsurByte 2017
Galen Growth Asia InsurByte 2017
Galen Growth
 
A.Schumacher (2017) Blockchain & Healthcare: A Strategy Guide
A.Schumacher (2017) Blockchain & Healthcare:  A Strategy GuideA.Schumacher (2017) Blockchain & Healthcare:  A Strategy Guide
A.Schumacher (2017) Blockchain & Healthcare: A Strategy Guide
Galen Growth
 
Cb insights asia-tech-investment-report
Cb insights asia-tech-investment-reportCb insights asia-tech-investment-report
Cb insights asia-tech-investment-report
Galen Growth
 
Startup Health | HealthTech Funding | Q1 2017
Startup Health | HealthTech Funding | Q1 2017Startup Health | HealthTech Funding | Q1 2017
Startup Health | HealthTech Funding | Q1 2017
Galen Growth
 
CB Insights | AI in Healthcare
CB Insights | AI in HealthcareCB Insights | AI in Healthcare
CB Insights | AI in Healthcare
Galen Growth
 
The Digital Healthcare Leap | PWC
The Digital Healthcare Leap | PWCThe Digital Healthcare Leap | PWC
The Digital Healthcare Leap | PWC
Galen Growth
 
Powering the Future of Healthcare in Asia Pacific | Full Report
Powering the Future of Healthcare in Asia Pacific | Full ReportPowering the Future of Healthcare in Asia Pacific | Full Report
Powering the Future of Healthcare in Asia Pacific | Full Report
Galen Growth
 
Report q4-2016 mercom healthtech funding
Report q4-2016 mercom healthtech fundingReport q4-2016 mercom healthtech funding
Report q4-2016 mercom healthtech funding
Galen Growth
 

More from Galen Growth (17)

Asia HealthTech Investment Landscape FY2019
Asia HealthTech Investment Landscape FY2019Asia HealthTech Investment Landscape FY2019
Asia HealthTech Investment Landscape FY2019
 
Galen Growth Asia | Digital Therapeutics in Asia | Webinar
Galen Growth Asia | Digital Therapeutics in Asia | WebinarGalen Growth Asia | Digital Therapeutics in Asia | Webinar
Galen Growth Asia | Digital Therapeutics in Asia | Webinar
 
Galen Growth Asia HealthTech Summit 2018 | Asia HealthTech Key Trends
Galen Growth Asia HealthTech Summit 2018 | Asia HealthTech Key TrendsGalen Growth Asia HealthTech Summit 2018 | Asia HealthTech Key Trends
Galen Growth Asia HealthTech Summit 2018 | Asia HealthTech Key Trends
 
H1 2018 Asia HealthTech Investment Landscape report | Galen Growth Asia
H1 2018 Asia HealthTech Investment Landscape report | Galen Growth AsiaH1 2018 Asia HealthTech Investment Landscape report | Galen Growth Asia
H1 2018 Asia HealthTech Investment Landscape report | Galen Growth Asia
 
Insurance | Stratifying risk using wearable data | MunichRe
Insurance | Stratifying risk using wearable data | MunichReInsurance | Stratifying risk using wearable data | MunichRe
Insurance | Stratifying risk using wearable data | MunichRe
 
The Japan Vision Healthcare 2035
The Japan Vision Healthcare 2035The Japan Vision Healthcare 2035
The Japan Vision Healthcare 2035
 
Asia Pacific Corporate Health Landscape | Galen Growth Asia
Asia Pacific Corporate Health Landscape | Galen Growth AsiaAsia Pacific Corporate Health Landscape | Galen Growth Asia
Asia Pacific Corporate Health Landscape | Galen Growth Asia
 
Asia HealthTech Investment Landscape 2017 Full Year report
Asia HealthTech Investment Landscape 2017 Full Year reportAsia HealthTech Investment Landscape 2017 Full Year report
Asia HealthTech Investment Landscape 2017 Full Year report
 
Galen Growth Asia HealthTech Investment Landscape H1 2017
Galen Growth Asia HealthTech Investment Landscape H1 2017Galen Growth Asia HealthTech Investment Landscape H1 2017
Galen Growth Asia HealthTech Investment Landscape H1 2017
 
Galen Growth Asia InsurByte 2017
Galen Growth Asia InsurByte 2017Galen Growth Asia InsurByte 2017
Galen Growth Asia InsurByte 2017
 
A.Schumacher (2017) Blockchain & Healthcare: A Strategy Guide
A.Schumacher (2017) Blockchain & Healthcare:  A Strategy GuideA.Schumacher (2017) Blockchain & Healthcare:  A Strategy Guide
A.Schumacher (2017) Blockchain & Healthcare: A Strategy Guide
 
Cb insights asia-tech-investment-report
Cb insights asia-tech-investment-reportCb insights asia-tech-investment-report
Cb insights asia-tech-investment-report
 
Startup Health | HealthTech Funding | Q1 2017
Startup Health | HealthTech Funding | Q1 2017Startup Health | HealthTech Funding | Q1 2017
Startup Health | HealthTech Funding | Q1 2017
 
CB Insights | AI in Healthcare
CB Insights | AI in HealthcareCB Insights | AI in Healthcare
CB Insights | AI in Healthcare
 
The Digital Healthcare Leap | PWC
The Digital Healthcare Leap | PWCThe Digital Healthcare Leap | PWC
The Digital Healthcare Leap | PWC
 
Powering the Future of Healthcare in Asia Pacific | Full Report
Powering the Future of Healthcare in Asia Pacific | Full ReportPowering the Future of Healthcare in Asia Pacific | Full Report
Powering the Future of Healthcare in Asia Pacific | Full Report
 
Report q4-2016 mercom healthtech funding
Report q4-2016 mercom healthtech fundingReport q4-2016 mercom healthtech funding
Report q4-2016 mercom healthtech funding
 

Recently uploaded

How Effective is Homeopathic Medicine for Anxiety and Stress Relief.pdf
How Effective is Homeopathic Medicine for Anxiety and Stress Relief.pdfHow Effective is Homeopathic Medicine for Anxiety and Stress Relief.pdf
How Effective is Homeopathic Medicine for Anxiety and Stress Relief.pdf
Dharma Homoeopathy
 
TEST BANK For Accounting Information Systems, 3rd Edition by Vernon Richardso...
TEST BANK For Accounting Information Systems, 3rd Edition by Vernon Richardso...TEST BANK For Accounting Information Systems, 3rd Edition by Vernon Richardso...
TEST BANK For Accounting Information Systems, 3rd Edition by Vernon Richardso...
rightmanforbloodline
 
Nursing education curriculum development.pptx
Nursing education curriculum development.pptxNursing education curriculum development.pptx
Nursing education curriculum development.pptx
sadhanajagtap3
 
DRAFT Ventilator Rapid Reference version 2.4.pdf
DRAFT Ventilator Rapid Reference  version  2.4.pdfDRAFT Ventilator Rapid Reference  version  2.4.pdf
DRAFT Ventilator Rapid Reference version 2.4.pdf
Robert Cole
 
Luxurious Spa In Ajman Chandrima Massage Center
Luxurious Spa In Ajman Chandrima Massage CenterLuxurious Spa In Ajman Chandrima Massage Center
Luxurious Spa In Ajman Chandrima Massage Center
Chandrima Spa Ajman
 
Nursing Care of Client With Acute And Chronic Renal Failure.ppt
Nursing Care of Client With Acute And Chronic Renal Failure.pptNursing Care of Client With Acute And Chronic Renal Failure.ppt
Nursing Care of Client With Acute And Chronic Renal Failure.ppt
Rommel Luis III Israel
 
LGBTQ+ Adults: Unique Opportunities and Inclusive Approaches to Care
LGBTQ+ Adults: Unique Opportunities and Inclusive Approaches to CareLGBTQ+ Adults: Unique Opportunities and Inclusive Approaches to Care
LGBTQ+ Adults: Unique Opportunities and Inclusive Approaches to Care
VITASAuthor
 
DECODING THE RISKS - ALCOHOL, TOBACCO & DRUGS.pdf
DECODING THE RISKS - ALCOHOL, TOBACCO & DRUGS.pdfDECODING THE RISKS - ALCOHOL, TOBACCO & DRUGS.pdf
DECODING THE RISKS - ALCOHOL, TOBACCO & DRUGS.pdf
Dr Rachana Gujar
 
Professional Secrecy: Forensic Medicine Lecture
Professional Secrecy: Forensic Medicine LectureProfessional Secrecy: Forensic Medicine Lecture
Professional Secrecy: Forensic Medicine Lecture
DIVYANSHU740006
 
RECENT ADVANCES IN BREAST CANCER RADIOTHERAPY
RECENT ADVANCES IN BREAST CANCER RADIOTHERAPYRECENT ADVANCES IN BREAST CANCER RADIOTHERAPY
RECENT ADVANCES IN BREAST CANCER RADIOTHERAPY
Isha Jaiswal
 
Navigating Challenges: Mental Health, Legislation, and the Prison System in B...
Navigating Challenges: Mental Health, Legislation, and the Prison System in B...Navigating Challenges: Mental Health, Legislation, and the Prison System in B...
Navigating Challenges: Mental Health, Legislation, and the Prison System in B...
Guillermo Rivera
 
Dr. David Greene R3 stem cell Breakthroughs: Stem Cell Therapy in Cardiology
Dr. David Greene R3 stem cell Breakthroughs: Stem Cell Therapy in CardiologyDr. David Greene R3 stem cell Breakthroughs: Stem Cell Therapy in Cardiology
Dr. David Greene R3 stem cell Breakthroughs: Stem Cell Therapy in Cardiology
R3 Stem Cell
 
PrudentRx's Function in the Management of Chronic Illnesses
PrudentRx's Function in the Management of Chronic IllnessesPrudentRx's Function in the Management of Chronic Illnesses
PrudentRx's Function in the Management of Chronic Illnesses
PrudentRx Program
 
NKTI Annual Report - Annual Report FY 2022
NKTI Annual Report - Annual Report FY 2022NKTI Annual Report - Annual Report FY 2022
NKTI Annual Report - Annual Report FY 2022
nktiacc3
 
Dimensions of Healthcare Quality
Dimensions of Healthcare QualityDimensions of Healthcare Quality
Dimensions of Healthcare Quality
Naeemshahzad51
 
Deep Leg Vein Thrombosis (DVT): Meaning, Causes, Symptoms, Treatment, and Mor...
Deep Leg Vein Thrombosis (DVT): Meaning, Causes, Symptoms, Treatment, and Mor...Deep Leg Vein Thrombosis (DVT): Meaning, Causes, Symptoms, Treatment, and Mor...
Deep Leg Vein Thrombosis (DVT): Meaning, Causes, Symptoms, Treatment, and Mor...
The Lifesciences Magazine
 
Under Pressure : Kenneth Kruk's Strategy
Under Pressure : Kenneth Kruk's StrategyUnder Pressure : Kenneth Kruk's Strategy
Under Pressure : Kenneth Kruk's Strategy
Kenneth Kruk
 
HUMAN BRAIN.pptx.PRIYA BHOJWANI@GAMIL.COM
HUMAN BRAIN.pptx.PRIYA BHOJWANI@GAMIL.COMHUMAN BRAIN.pptx.PRIYA BHOJWANI@GAMIL.COM
HUMAN BRAIN.pptx.PRIYA BHOJWANI@GAMIL.COM
priyabhojwani1200
 
Tips for Pet Care in winters How to take care of pets.
Tips for Pet Care in winters How to take care of pets.Tips for Pet Care in winters How to take care of pets.
Tips for Pet Care in winters How to take care of pets.
Dinesh Chauhan
 
Child Welfare Clinic and Well baby clinicin Sri Lanka.ppsx
Child Welfare Clinic and Well baby clinicin Sri Lanka.ppsxChild Welfare Clinic and Well baby clinicin Sri Lanka.ppsx
Child Welfare Clinic and Well baby clinicin Sri Lanka.ppsx
Sankalpa Gunathilaka
 

Recently uploaded (20)

How Effective is Homeopathic Medicine for Anxiety and Stress Relief.pdf
How Effective is Homeopathic Medicine for Anxiety and Stress Relief.pdfHow Effective is Homeopathic Medicine for Anxiety and Stress Relief.pdf
How Effective is Homeopathic Medicine for Anxiety and Stress Relief.pdf
 
TEST BANK For Accounting Information Systems, 3rd Edition by Vernon Richardso...
TEST BANK For Accounting Information Systems, 3rd Edition by Vernon Richardso...TEST BANK For Accounting Information Systems, 3rd Edition by Vernon Richardso...
TEST BANK For Accounting Information Systems, 3rd Edition by Vernon Richardso...
 
Nursing education curriculum development.pptx
Nursing education curriculum development.pptxNursing education curriculum development.pptx
Nursing education curriculum development.pptx
 
DRAFT Ventilator Rapid Reference version 2.4.pdf
DRAFT Ventilator Rapid Reference  version  2.4.pdfDRAFT Ventilator Rapid Reference  version  2.4.pdf
DRAFT Ventilator Rapid Reference version 2.4.pdf
 
Luxurious Spa In Ajman Chandrima Massage Center
Luxurious Spa In Ajman Chandrima Massage CenterLuxurious Spa In Ajman Chandrima Massage Center
Luxurious Spa In Ajman Chandrima Massage Center
 
Nursing Care of Client With Acute And Chronic Renal Failure.ppt
Nursing Care of Client With Acute And Chronic Renal Failure.pptNursing Care of Client With Acute And Chronic Renal Failure.ppt
Nursing Care of Client With Acute And Chronic Renal Failure.ppt
 
LGBTQ+ Adults: Unique Opportunities and Inclusive Approaches to Care
LGBTQ+ Adults: Unique Opportunities and Inclusive Approaches to CareLGBTQ+ Adults: Unique Opportunities and Inclusive Approaches to Care
LGBTQ+ Adults: Unique Opportunities and Inclusive Approaches to Care
 
DECODING THE RISKS - ALCOHOL, TOBACCO & DRUGS.pdf
DECODING THE RISKS - ALCOHOL, TOBACCO & DRUGS.pdfDECODING THE RISKS - ALCOHOL, TOBACCO & DRUGS.pdf
DECODING THE RISKS - ALCOHOL, TOBACCO & DRUGS.pdf
 
Professional Secrecy: Forensic Medicine Lecture
Professional Secrecy: Forensic Medicine LectureProfessional Secrecy: Forensic Medicine Lecture
Professional Secrecy: Forensic Medicine Lecture
 
RECENT ADVANCES IN BREAST CANCER RADIOTHERAPY
RECENT ADVANCES IN BREAST CANCER RADIOTHERAPYRECENT ADVANCES IN BREAST CANCER RADIOTHERAPY
RECENT ADVANCES IN BREAST CANCER RADIOTHERAPY
 
Navigating Challenges: Mental Health, Legislation, and the Prison System in B...
Navigating Challenges: Mental Health, Legislation, and the Prison System in B...Navigating Challenges: Mental Health, Legislation, and the Prison System in B...
Navigating Challenges: Mental Health, Legislation, and the Prison System in B...
 
Dr. David Greene R3 stem cell Breakthroughs: Stem Cell Therapy in Cardiology
Dr. David Greene R3 stem cell Breakthroughs: Stem Cell Therapy in CardiologyDr. David Greene R3 stem cell Breakthroughs: Stem Cell Therapy in Cardiology
Dr. David Greene R3 stem cell Breakthroughs: Stem Cell Therapy in Cardiology
 
PrudentRx's Function in the Management of Chronic Illnesses
PrudentRx's Function in the Management of Chronic IllnessesPrudentRx's Function in the Management of Chronic Illnesses
PrudentRx's Function in the Management of Chronic Illnesses
 
NKTI Annual Report - Annual Report FY 2022
NKTI Annual Report - Annual Report FY 2022NKTI Annual Report - Annual Report FY 2022
NKTI Annual Report - Annual Report FY 2022
 
Dimensions of Healthcare Quality
Dimensions of Healthcare QualityDimensions of Healthcare Quality
Dimensions of Healthcare Quality
 
Deep Leg Vein Thrombosis (DVT): Meaning, Causes, Symptoms, Treatment, and Mor...
Deep Leg Vein Thrombosis (DVT): Meaning, Causes, Symptoms, Treatment, and Mor...Deep Leg Vein Thrombosis (DVT): Meaning, Causes, Symptoms, Treatment, and Mor...
Deep Leg Vein Thrombosis (DVT): Meaning, Causes, Symptoms, Treatment, and Mor...
 
Under Pressure : Kenneth Kruk's Strategy
Under Pressure : Kenneth Kruk's StrategyUnder Pressure : Kenneth Kruk's Strategy
Under Pressure : Kenneth Kruk's Strategy
 
HUMAN BRAIN.pptx.PRIYA BHOJWANI@GAMIL.COM
HUMAN BRAIN.pptx.PRIYA BHOJWANI@GAMIL.COMHUMAN BRAIN.pptx.PRIYA BHOJWANI@GAMIL.COM
HUMAN BRAIN.pptx.PRIYA BHOJWANI@GAMIL.COM
 
Tips for Pet Care in winters How to take care of pets.
Tips for Pet Care in winters How to take care of pets.Tips for Pet Care in winters How to take care of pets.
Tips for Pet Care in winters How to take care of pets.
 
Child Welfare Clinic and Well baby clinicin Sri Lanka.ppsx
Child Welfare Clinic and Well baby clinicin Sri Lanka.ppsxChild Welfare Clinic and Well baby clinicin Sri Lanka.ppsx
Child Welfare Clinic and Well baby clinicin Sri Lanka.ppsx
 

SVB Consumer digital-health-report-2016

  • 1. Consumer Digital Health How Market Shift Is Leading to New Opportunities Steve Allan CFA Head of SVB Analytics sallan@svb.com Scott Winder Director swinder@svb.com Alex Lee Manager klee@svb.com Emily Wengel Associate ewengel@svb.com Written by SVB Analytics:
  • 2. Table of Contents 2 3 Consumer Digital Health: Introduction & Financing Trends Overview 9 Healthcare Consumers: Fundamental Needs of the User 13 Financing Trends: Shift Toward Clinically Driven Consumer Health 17 Fitness/Wellness: Adapting to the Market 22 Disease Management: Growth Opportunities 28 Market Outlook: Assessing Consumer Health Opportunities 30 About the Authors 31 About Silicon Valley Bank and SVB Analytics Consumer Digital Health
  • 3. Consumer Digital Health: Market Shifts to Focus on Engagement and Improved Patient Outcomes Consumer Digital Health 3 Consumer Digital Health Companies address the needs of patients and healthcare consumers Investment trends in digital health are shifting from consumer wellness applications to clinically driven solutions that drive better health outcomes at lower costs. This next wave of financing focuses on encouraging consumers and patients to change health-related behaviors, underscoring the greater opportunities for companies with solutions that create value for payers, providers, employers and consumers. This is the second in a series of reports from SVB Analytics examining Digital Health. In this report we: • Analyze broad consumer health trends and business models • Examine the shift in investments from consumer wellness to clinically focused solutions • Describe adaptation strategies of consumer wellness and wearables companies • Explore potential areas of opportunity in disease management
  • 4. Digital Health Landscape Consumer Digital Health 4 Patients / Consumers In our first report, we provided a framework that landscaped the digital health sector. In this report, we focus on consumer digital health investment trends. FocusonHealthOutcomes Employers / Payers Life Science / Other Systems / Healthcare Professionals FocusonHealthcareCosts Enterprise Wellness Risk Adjustment / Payer Administration Value Based Care Enterprise Health Management Data Driven PayersPatient Engagement / Benefits R&D Operational Patient / Professional Interaction Clinical Operations Patient Surveillance Image Management / Analytics Electronic Medical Records Decision Support & Analytics / Predictive Medicine Marketing / Customer Experience Networking / Education Care Coordination / Communication Population Health Management Practice Management & Operational Workflows Professional Search Insurance SearchSocial SupportGenetic Screening Disease / Medication Management Education Fitness / Wellness / Wearables / Tracking TelemedicineRemote Monitoring Patient-Clinician Communication Digital Therapeutics / Pill Plus
  • 5. Focus on Consumer Health: Categorizations Consumer Digital Health Patients / Consumers 5 TelemedicineRemote Monitoring Patient-Clinician Communication Digital Therapeutics / Pill Plus Patient / Professional Interaction • Disease Management Disease/Medication Management Digital Therapeutics • Monitoring Remote Monitoring • Communications Telemedicine Patient-Clinician Communication Clinical Enablement • Fitness / Wellness Fitness Wellness Wearables Tracking Consumer Activation • Medical Education Education Social Support Genetic Screening • Provider Search Professional Search • Insurance Insurance Search Education and Transparency Less Clinically Focused More Clinically Focused For our analysis, we looked at three key themes: clinical enablement, consumer activation and education and transparency. We also grouped consumer digital health into seven categories, and focused on fitness/wellness and disease management. Professional Search Insurance SearchSocial SupportGenetic Screening Disease / Medication Management Fitness / Wellness / Wearables / Tracking Education
  • 6. $0 $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 0% 10% 20% 30% 40% 50% 60% 70% 2011 2012 2013 2014 2015 2016 (E) TotalFunding($M) PercentageofTotalFunding $ (Consumer) Consumer Funding (%) Consumer Digital Health Financing Trends Overview Consumer Digital Health 6 Source: Rock Health Database;2011-2016Q2 SVB Analytics Analysis 2016(E) is extrapolatedbased on 2016HY About 55% of all digital health investments since 2011 have been in companies whose technologies interface with the consumer in some manner. This reflects the convergence of technologies to drive and measure improved health outcomes and cost savings, and funding is following. Investments in Consumer Health Companies as a Percentage of Total Digital Health Investments (2011 to Q2 2016)
  • 7. 0% 10% 20% 30% 40% 50% 60% $0 $500 $1,000 $1,500 $2,000 $2,500 $3,000 2011 2012 2013 2014 2015 2016 (E) TotalFunding($M) Crossover Investments Financings without Strategic Investor Financings with Strategic Investor % of Deal Count with Strategic Investors Strategic Investors Actively Investing in Consumer Digital Health Consumer Digital Health 7 Consumer Digital Health Investments (2011 to Q2 2016) * Crossover investmentsrepresentinvestment rounds greaterthan $100M that are led by a crossover investor Source: Rock Health Database;2011-2016Q2 SVB Analytics Analysis 2016(E) is extrapolatedbased on 2016HY Top Strategic Investors Focused on Consumer Health The number of deals with strategic investors participating has slowly increased over time, as tech, life science, healthcare and insurance companies seek to partner and collaborate with startups. 1 2 3 4 5 6 7 8
  • 8. 0% 10% 20% 30% 40% 50% $0 $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600 $1,800 $2,000 2011 2012 2013 2014 2015 2016 (E) TotalFunding($M) Crossover Investments Financings without Strategic Investors Financings with Strategic Investors % of Dollar Investments with Strategic Investors 0% 10% 20% 30% 40% 50% $0 $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600 $1,800 $2,000 2011 2012 2013 2014 2015 2016 (E) TotalFunding($M) Crossover Investments Financings without Strategic Investors Financings with Strategic Investors % of Dollar Investments with Strategic Investors Strategic Investors Shift to More Clinically Focused Investments Consumer Digital Health 8 Other Consumer Digital Health Investments* (2011 to Q2 2016) Clinically Focused Consumer Digital Health Investments* (2011 to Q2 2016) Strategic investors have recently shifted their attention to clinically focused startups as they begin to see how technologies designed to affect patient behavior can generate better health outcomes and cost savings. * Crossover investmentsrepresentinvestment rounds greaterthan $100M that are led by a crossover investor Source: Rock Health Database;2011-2016Q2 SVB Analytics Analysis 2016(E) is extrapolatedbased on 2016HY *IncludesClinical EnablementCompanies *IncludesConsumer Activation and Educationand Transparency Companies
  • 9. Consumer Digital Health 9 Healthcare Consumers: Fundamental Needs of the User
  • 10. Challenge Fundamental Need Solution Lack of choice and price transparency Consumer- Friendliness Improve consumers' access to healthcare and their user experience by making healthcare easier to use Poor health literacy Knowledge Create access to education and relevant and personalized health information Lack of tools to manage health and wellness Engagement Engage and affect behavioral change in healthcare consumers to better manage their own health Consumer Digital Health 10 Overview: Empowering Patients Is Key to Fixing Healthcare System
  • 11. Consumer Digital Health Framework Consumer Digital Health 11 Knowledge Engagement Fitness / Wellness / Wearables/ Tracking (for leisure) Disease / Medication Management (incl. Fitness/Wellness) Professional Search Insurance Search Remote Monitoring Social Support Genetic Screening Education Digital Therapeutics / Pill Plus Consumer-Friendliness Challenge: Lack of choice and price transparency Solution: Improve consumers' access to healthcare and their user experience by making healthcare easier to use Knowledge Challenge: Poor health literacy Solution: Create access to education and relevant and personalized health information Engagement Challenge: Lack of tools to manage health and wellness Solution: Engage and affect behavioral change in healthcare consumers to better manage their own health Consumer-Friendliness Patient-Clinician Communication (incl. Telemedicine)
  • 12. Knowledge Engagement Consumer-Friendliness Consumer Digital Health Framework Consumer Digital Health 12 Consumer-Friendliness Challenge: Lack of choice and price transparency Solution: Improve consumers' access to healthcare and their user experience by making healthcare easier to use Knowledge Challenge: Poor health literacy Solution: Create access to education and relevant and personalized health information Engagement Challenge: Lack of tools to manage health and wellness Solution: Engage and affect behavioral change in healthcare consumers to better manage their own health
  • 13. Consumer Digital Health 13 Financing Trends: Shift Toward Clinically Driven Consumer Health
  • 14. $0 $500 $1,000 $1,500 $2,000 $2,500 $3,000 2011 2012 2013 2014 2015 2016 (E) TotalCapitalInvested($M) Disease Management Remote Monitoring Communications Fitness / Wellness Medical Education Provider Search Insurance Total Capital Invested by Category (2011 – Q2 2016) Financing Trends: Historic Investment Trends Weighted Toward Wellness Consumer Digital Health 14 The advent of the quantified self movement in the early 2010s attracted significant capital, especially in the fitness and wellness category. Source: Rock Health Database Q2 2016, Pitchbook,2011-2016 Q2; SVB Analytics Analysis 2016(E) is extrapolatedbased on 1H 2016 More Clinically Focused Less Clinically Focused Disease Management Remote Monitoring Communications Medical Education Provider Search Insurance Search Fitness / Wellness Clinical Enablement Education and Transparency Consumer Activation
  • 15. Financing Trends: Rise of Clinically Driven Consumer Health Consumer Digital Health 15 Percentage of Total Deal Count Over Time by Category (2011 – Q2 2016) 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 2011 2012 2013 2014 2015 2016 (E) Disease Management Remote Monitoring Communications Fitness / Wellness Medical Education Provider Search Insurance There has been a gradual shift toward increased investment activity in the more clinically focused categories of disease management, remote monitoring and communications. Source: Rock Health Database Q2 2016, Pitchbook,2011-2016 Q2; SVB Analytics Analysis 2016(E) is extrapolatedbased on 1H 2016 More Clinically Focused Less Clinically Focused Disease Management Remote Monitoring Communications Medical Education Provider Search Insurance Search Fitness / Wellness Clinical Enablement Education and Transparency More Consumer Focused
  • 16. Financing Trends: More Clinically Focused Companies Receiving Early-Stage Funding Consumer Digital Health 16 Investment Amount by Stage of Development (2011 – Q2 2016) 0 10 20 30 40 50 60 70 80 90 100 $0 $200 $400 $600 $800 $1,000 $1,200 2011 2012 2013 2014 2015 2016 (E) Funding($M) Early Mid Late Total Deal Count 0 10 20 30 40 50 60 70 80 90 100 $0 $200 $400 $600 $800 $1,000 $1,200 2011 2012 2013 2014 2015 2016 (E) Funding($M) Early Mid Late Total Deal Count 0 10 20 30 40 50 60 70 80 90 100 $0 $200 $400 $600 $800 $1,000 $1,200 2011 2012 2013 2014 2015 2016 (E) Funding($M) Early Mid Late Total Deal Count The clinically focused areas of disease management and patient-provider communications are seeing an increase in early-stage funding, indicating new startup formation; consumer activation and education and transparency companies are maturing, with fewer early-stage rounds raised. Source: Rock Health Database Q2 2016, Pitchbook,2011-2016 Q2; SVB Analytics Analysis 2016(E) is extrapolatedbased on 1H 2016 Early – Seed and Series A, Mid – Series B and C, Late – Series D and later Clinical Enablement Disease Management Monitoring Communications Consumer Activation Fitness/Wellness Education and Transparency Medical Education Provider Search Insurance Search
  • 17. Consumer Digital Health 17 Fitness/Wellness: Adapting To The Market
  • 18. Fitness/Wellness: Decline in Valuations and Investment Size Consumer Digital Health 18 Median Pre-Money Valuation of Fitness/Wellness Companies (2011 – Q2 2016) Median Invested Capital of Fitness/Wellness Companies (2011 – Q2 2016) $0 $5 $10 $15 $20 $25 $30 $35 $40 2011 2012 2013 2014 2015 1H 2016 MedianPre-MoneyValuation($M) Valuations and financing round sizes have declined in 2016 due to increased competition and shifting investor interest toward clinical applications, forcing wellness companies to adapt. Source: Pitchbook, 2011-2016Q2; SVB Analytics Analysis Series BSeries ASeries Seed $0 $2 $4 $6 $8 $10 $12 $14 $16 $18 $20 2011 2012 2013 2014 2015 1H 2016 MedianInvestedCapital($M)
  • 19. Strategy Description Examples Strategic Exit Sell business to strategic partners Acquire Acquire companies to build clinical programs Partner Partner with academic institutions to conduct clinical studies and provide ancillary data Develop Develop features or pivot business model in order to collect real world data or gather clinical-grade data Consumer Digital Health 19 Fitness/Wellness: Companies Adapt to Changing Marketplace As investors move toward more clinically focused strategies, wearables and wellness companies are executing different strategies to adapt to this shifting landscape.
  • 20. 11/11/2015 $250M $64M 3.9x 3/25/2014 $100M $37M 2.7x 2/12/2016 $85M $16M 7.4x 8/5/2015 $235M NA NA 2/4/2015 $474M $18M 26.3x 2/4/2015 $85M $6M 13.7x 12/6/2013 $150M $24M 6.3 Fitness/Wellness: Exit to Sports and Fashion Companies Consumer Digital Health 20 “If you don’t have a brand, it is hard to be legit in this space.” – Sonny Vu, Chief Executive and co-founder of Misfit Acquirer Target Date Deal Value ($M) Invested Capital (IC $M) EV / IC Multiple SoftwareHardware Source: Capital IQ SVB Analytics Analysis Wall StreetJournal - Fossil Group to Buy Misfit for $260 Million Sports Fitness Apparel Fashion Tech Facing declining investor interest, companies that are not adopting clinical strategies are instead choosing to sell to sports and fashion retailers. Among those, software-focused firms are receiving the highest exit multiples.
  • 21. $6.5B IPO Partnership: Study on weightlossand breast cancer prevention Announcement: 200 clinical studies run on Fitbit / Fitabase App Hire: VP Digital Health from Walgreens Acquisition + Personnel 2013 2014 2015 2016 Fitness/Wellness: Companies Partner, Acquire or Develop Clinical Technologies Consumer Digital Health 21 Source: Company Press Releases,Mobihealthnews,FastCompany,clinicaltrials.gov,Fitbit S-1 • Two 510k approvals • Real-time patient monitoring on physician smartphone • CEO of Spectros becomes Chief Medical Officer of Jawbone Acquisition Jawbone, Fitbit, and Scanadu started in consumer wellness and have made acquisitions, formed partnerships and started internal developments to adapt to the changing marketplace. Consumer Clinical • Has “FDA approval… [and] understandshow to run a clinical trial with hospitals and wellnessproviders.” • 87 patents, >500 trillion data points • “Partnered…for diabetes prevention” Regulatory: Announces Plans for 510K Submission • Forms clinical advisory board • Announces plans for clinical trials $10.5M Series A Used for clinical development and regulatory approval in U.S. and China $35M Series B Acquire Partner Develop Kickstarter: Branded as DIY Vital Signs Device
  • 22. Consumer Digital Health 22 Disease Management: Growth Opportunities
  • 23. General Disease Management and Vitals Monitoring Solutions that help patients manage any type of disease Medication Management Solutions that help patients adhere to and manage their medications Disease Specific Solutions that help patients manage one specific type of disease or disorder Disease Management: Approaches to Engaging Patients Consumer Digital Health 23 *Includesboth Disease Managementand RemoteMonitoringcompaniesand deals Source: Rock Health Database Q2 2016, Pitchbook,2011-2016 Q2; SVB Analytics Analysis Percentage of Total Capital Invested by Category* (2011 – Q2 2016) 30% 8% 62% Disease management and remote monitoring companies are shifting to focus on a specific disease to help patients and providers better manage the condition as opposed to providing general solutions aimed at patients facing different diseases.
  • 24. Consumer Digital Health Source: Interviewwith TJ Parker, August 19, 2016 23 “I don’t think you can scale a business in healthcare without working directly with the clinical entities like payers and providers.” – TJ Parker, CEO
  • 25. How PillPack Is Taking on Medication Management: An Interview with TJ Parker, CEO, PillPack Consumer Digital Health 25 Online pharmacy that uses technology to help people take medication in a timely manner Key Success Factors for Consumer-Centric Disease Management: Expertise in Both Healthcare and Technology | Patient-Centric Design Operating in the Clinical Space Consumer health companies need to develop sound business models because the patient is not the only customer – the payer is also the customer. “The healthcare system is moving towards a pay for performance model. Pharmacy should do the same and no one is truly doing that today.” Source: Interviewwith TJ Parker, August 19, 2016 Most EXPENSIVE patients take 5+ prescriptions / day and have trouble coordinating their medication. Advice to Entrepreneurs • Spend time with your consumers: figure out their pain points and understand their core problems. And whether you can solve their problems with technology alone or if you need to become a provider. • Know who your customers are and what they are willing to pay for. Poor Adherence ProblemSolution Manage complexity for patients • Automated sign up and refills • Coordination with payers • Staff available 24/7
  • 26. 0 5 10 15 20 25 2011 2012 2013 2014 2015 2016 (E) Disease Management: Increasing Focus on Behavioral Change and Complex Disease Management Consumer Digital Health 26 Number of Investments in Disease Management and Remote Monitoring Sectors (2011 – Q2 2016) There has been a steady rise in investments in companies aimed at behavioral change, while the niche targeting complex diseases is more nascent. Source: Rock Health Database Q2 2016, Pitchbook,2011-2016 Q2; SVB Analytics Analysis 2016(E) is extrapolatedbased on 1H 2016 Behavioral Change Psychiatry Metabolic Degenerative and Complex Diseases Orthopedic Oncology Neurology “Remote Monitoring 1.0” Cardiovascular Respiratory
  • 27. Disease Management: Opportunities in Complex and Degenerative Diseases Consumer Digital Health 27 Degenerative and complex diseases, which are difficult to manage and account for a significant portion of U.S. medical expenditures, have received comparatively lower digital health investments, signaling the space is ripe for disruption. Source: Rock Health Database Q2 2016, Pitchbook,2011-2016 Q2; SVB Analytics Analysis AHRQ - Total Medical Expenditureby Conditionsin US, 2013 Total Medical Expenditure, by Chronic Conditions in U.S. 2013 ($B) Total Investments in Disease Management and Remote Monitoring Sectors by Chronic Conditions in U.S. 2011-Q2 2016 ($M) 24% 9% 22% 11% 14% 10% 9% $- $50 $100 $150 $200 $250 Metabolic Psychiatric Cardiovascular Respiratory Orthopedic Oncology Neurology * 34% 15% 19% 12% 6% 2% 4% $-$100$200$300$400$500 Metabolic Psychiatric Cardiovascular Respiratory Orthopedic Oncology Neurology * Behavioral Change Psychiatry Metabolic Degenerative and Complex Diseases Orthopedic Oncology Neurology “Remote Monitoring 1.0” Cardiovascular Respiratory 10% 6% -3% 1% -8% -8% -5% Difference *Excludes trauma or injury-related conditions
  • 28. Consumer Digital Health 28 Market Outlook: Assessing Consumer Health Opportunities
  • 29. Progression to Clinically Driven Consumer Health Solutions Consumer Digital Health 29 Exits Remote Monitoring 1.0 2010–14 Fitness/ Wellness 2012–16 Disease Management 2014–18 Digital Therapeutics 2016–20 • Led by the medtech sector • Point solutions • Rely on traditional reimbursement • Rise of quantified self movement • Tech investors galvanize market with investments into consumer hardware and software • Focused on fitness and wellness • User-friendly cloud/mobile solutions, clinical-grade devices and data analytics • Engage patients to actively manage their health • Target financiers focused on controlling health benefit cost and improving outcomes • Predictive and personalized clinical intervention • FDA-regulated, provider- prescribed, combination solutions • Demonstrate clinically proven efficacy and cost savings High-Flyers We have seen the sector's focus move from traditional devices aimed at a specific solution to consumer devices. Now, the focus is on digital solutions for disease management. Going forward, clinically proven software and hardware will be integrated to drive better health outcomes and cost savings. Source: Pitchbook, Company websites SVB Analytics analysis
  • 30. About the Authors Consumer Digital Health 30 Steve Allan, CFA Steve Allan is the Head of SVB Analytics, responsible for the three areas of information services provided to the innovation economy: Strategic Advisory Services, Compliance Valuations, and Insights. Strategic Advisory Services provides consultative guidance around valuations, benchmarking and inorganic growth strategies. Compliance Valuations issues valuation opinions for private companies. Insight focuses on studying trends and opportunities in the private venture-backed innovation ecosystem. Steve brings a strong financial background and passion for entrepreneurship to his role at SVB Analytics. Steve earned a master’s in business administration from Duke University's Fuqua School of Business and a bachelor's degree in finance from the University of Notre Dame. Head of Analytics sallan@svb.com Emily Wengel Emily Wengel is a Valuation Associate with SVB Analytics, responsible for conducting due diligence and financial analysis on valuation engagements for early-stage, venture-backed life sciences companies. Prior to joining SVB Analytics, Emily worked as a business analyst at BioMotiv, an early stage biotech accelerator. Emily graduated cum laude from University of Pennsylvania, where she earned a bachelor of science in economics and a bachelor of arts in biology. Associate ewengel@svb.com Alex Lee Alex Lee is a Valuation Manager at SVB Analytics, responsible for conducting due diligence and financial analysis on valuation engagements for venture-backed companies in the Life Science sectors. Prior to joining SVB Analytics, Alex worked as a consultant for biopharmaceutical companies, diagnostic companies and medical research institutions, assisting in corporate development, product commercialization and strategic advisory activities. Alex holds a master’s of bioscience degree from Keck Graduate Institute and a bachelor’s of science degree in biochemistry from the University of Nebraska-Lincoln. Manager klee@svb.com Scott Winder Scott Winder is a Director at SVB Analytics, responsible for managing client valuation assignments and issuing valuation opinions. Prior to joining SVB Analytics, Scott was a manager in the Business Valuation practice of Deloitte Financial Advisory Services LLP based in San Francisco. While at Deloitte, Scott provided financial advisory services related to mergers and acquisitions, accounting compliance, tax reporting and strategic planning for clients in the technology and life sciences industries, with particular experience in the biotechnology and biopharmaceutical industry segments. Scott holds a master's degree in business administration from the Haas School of Business (University of California at Berkeley), and a bachelor’s degree in human biology from Occidental College. Director swinder@svb.com
  • 31. About Silicon Valley Bank For more than 30 years, Silicon Valley Bank has helped innovative companies and their investors move bold ideas forward, fast. SVB provides targeted financial services and expertise through its offices in innovation centers around the world. With commercial, international and private banking services, SVB helps address the unique needs of innovators. Consumer Digital Health 31 This material, including without limitation to the statistical information herein, is providedfor informationalpurposesonly. The materialis based in part on information from third-party sourcesthat we believeto be reliable,but which have not been independentlyverifiedby us and for this reason we do not represent that the information is accurate or complete.The information should not be viewed as tax, investment,legal or other advice nor is it to be reliedon in making an investmentor other decision. You should obtain relevantand specific professionaladvice beforemaking any investment decision.Nothing relatingto the material should be construedas a solicitation,offer or recommendation to acquire or dispose of any investmentor to engage in any other transaction. SVB Analytics is a memberof SVB Financial Group and a non-bank affiliate of Silicon Valley Bank. Productsand servicesofferedby SVB Analyticsare not FDIC insured and are not depositsor other obligationsof Silicon Valley Bank. SVB Analytics does not provideinvestment,tax, or legal advice. Please consult your investment, tax, or legal advisors for such guidance. ©2016 SVB Financial Group. All rights reserved.SVB>, SVB Financial Group, and Silicon Valley Bank are registeredtrademarks.0916-232 About SVB Analytics SVB Analytics, a non-bank affiliate of Silicon Valley Bank, serves the strategic business needs of entrepreneurs, corporates and investors in the global innovation economy. For more than a decade, SVB Analytics has helped global business leaders make informed decisions by providing market intelligence, research, and consulting services. Powered by proprietary data, SVB Analytics has a unique view into the technology and life science sectors.