This Colossal Clash is Disrupting the Digital Health Landscape
Healthcare is a dinosaur industry and there’s no question about it. It makes sense: tight regulations, people’s lives at stake, and its inherent conservative nature have made it the oldest of dinosaurs in many ways.
There is a confluence of disruption closing in on the healthcare industry that could leave the next Chicxulub crater. This infographic highlights the merger of two trends:
1) Consumer companies are entering regulated healthcare markets
2) Clinical solution companies are adopting consumer design principles
FDA-regulated digital health solutions, including devices and software applications, are expected to save $50B by 2018. That’s almost 10x growth from last year, where they saved $6B.
As a result, funding of digital health startups in the US are expected to double over the next three years, reaching $6.5 billion in 2017.
The digital health landscape is changing in a big way, and investors need to take note.
Original graphic by: Accenture
