consumer health startup trends 2013

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Consumer Health Startup Trends 2013 Jihoon Jeong, MD., MPH., PhD Director, Institute for IT Convergence, Myongji Hospital Adjunct Professor, Graduate School of Culture Technology, KAIST

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Consumer Health Startup Trends 2013 given by Jihoon Jeong at Health 2.0 Seoul Chapter's first event

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Page 1: Consumer Health Startup Trends 2013

Consumer Health Startup Trends 2013Jihoon Jeong, MD., MPH., PhD

Director, Institute for IT Convergence, Myongji HospitalAdjunct Professor, Graduate School of Culture Technology, KAIST

Page 2: Consumer Health Startup Trends 2013

General Trend

Page 3: Consumer Health Startup Trends 2013

The Year of Digital Health Touch Point of Change

Explosive new technology: Innovation across a wide variety of areas (gaming, manufacturing, communications, etc.)

The pressing need to advance healthcare and the Affordable Care Act

Increasing level of patient / caregiver connectivity

The empowerment of the “quantified self” in health

The evolution of pharmaceutical science will move therapy to include preventative care, gene therapy and other innovations.

Big Data and the electronic medical record

The increasing role of venture capital in digital health

Page 4: Consumer Health Startup Trends 2013

10 Predictions for the Connected Health IT Market in 2013

Consumers Will Begin to Abandon PCs and Embrace Mobile for Internet Use

Behavior Change Will Take Center Stage

Consumer Engagement Will Increasingly Require Multidisciplinary Teams

Home Is Where the Health Is: Interest in Remote Patient Monitoring Will Rise Again

Experimentation with Social Media Will Continue, But Challenges Still Persist

Accountable Care Initiatives Will Lay Foundational Groundwork Before Investing Widely in Connected Health

The Doctor Will See You Now … Online

Large Payers Will Become Technology Suppliers for Connected Health

Platform as a Service Will Emerge as a Viable Platform for Health Information Exchange

The Internet of Things Will Come to Healthcare

by IDG Insights

Page 5: Consumer Health Startup Trends 2013

Mobile Health in 2013

Page 6: Consumer Health Startup Trends 2013

Consumer Health Apps Segmentation

Page 7: Consumer Health Startup Trends 2013

Future of mHealth

Page 8: Consumer Health Startup Trends 2013

2013 CESMore than 220 companies showcased their health-and-fitness products (30% up!)

Page 9: Consumer Health Startup Trends 2013

HealthSpot

Page 11: Consumer Health Startup Trends 2013

Where goes money?

Page 12: Consumer Health Startup Trends 2013

Where goes money?

Page 13: Consumer Health Startup Trends 2013

Four common themes

Page 14: Consumer Health Startup Trends 2013

Genetics and Personalized Medicine

Page 15: Consumer Health Startup Trends 2013

China’s Genome FactoryBGI-Shenzhen: completely sequenced some 50,000 human genomes

Whole Genome Sequencing Price: $3000~4000

Within the next decade: the cost of sequencing a human genome will fall to $200~ $300. BGI will become a force in assembling a global “bio-Google”

Page 16: Consumer Health Startup Trends 2013

Solid-State Sequencer

Page 18: Consumer Health Startup Trends 2013

The Future is Already Here