AI trends and AI 100. Healthcare 2019 survey results. Verily business relationships
Do these AI startups spark joy?
We asked for your opinions on healthcare in 2019. We have a summary of the responses below, but first, what’s next for AI?
The CB Insights NExTT framework looks at the industry adoption and market strength of important AI trends, categorizing them as necessary, experimental, threatening, or transitory (NExTT). The framework educates businesses about emerging trends and guides their decisions in accordance with their comfort with risk.
(Unfortunately none of these categories can help explain the success of Weezer’s new cover album – now in the top 10???) CB Insights examined 25 of the biggest AI trends, covering everything from infrastructure and software trends to industrial applications. And we highlighted 5 healthcare trends, each at different stages of industry adoption and market strength.
For instance, we believe medical imaging & diagnostics is where we’ll see the most action in the coming months. With the FDA greenlighting “AI-as-a-medical-device,” startups can start to move out of research labs and academia to commercial clinical applications. IDx-DR was approved recently to screen for diabetic retinopathy without the need for a second opinion from a doctor.
To learn more about this and other trends, you can download the entire 84-page report here. And if you want a live briefing with Lead Intelligence Analyst Deepashri Varadharajan, sign up here.
Btw, healthcare was the hottest category in our 2019 AI 100 list, which was announced today.
Our research on AI is making the rounds on Twitter.
Your predictions are in
We asked for your opinions on healthcare in 2019. Here’s a summary of the responses, along with some added commentary:
• Increased M&A, especially around restructuring delivery of goods and services. Existing health players will do this to fend off tech giants and get better tech talent. Tech giants are going to start increasing their healthcare acquisitions to increase their speed to market. Some guesses were Amazon + Mckesson and Apple + a primary care chain. But don’t forget Verily just raised a billion (more on them below).
• China’s health ecosystem flourishes, driven by an aging population, lack of rural access to services, and a healthcare infrastructure crumbling under population density.
• Lots of dollars will go to managing seniors at home, driven by Medicare Advantage plans becoming more and more competitive and increasing their appetite for more solutions.
We wrote about how Medicare Advantage plans work and why they’re gaining steam. Check it out here.
• Consumer and point-of-care diagnostics becomes the hot area of investment for 2019 (catalyzed by the FDA loosening up requirements to get to market).
• We’ll see a new hospital built from the ground up, with preventive care in mind.
• Personalization plays a much bigger role, starting with cancer therapies (genetic testing becomes mandatory for pre-auth).
While surveys are a fun way to predict the future, we prefer cold, hard data.
Partnerships can provide immense insight into where competitors, markets, and new technologies are going next. But that information has been messy, unstructured, and largely invisible — until now.
In January we launched our Business Relationships tool on CB Insights. In a recent newsletter to clients, we highlighted how the business relationship tool helped to uncover Apple’s shift toward clinical wearable applications.
We also ran an analysis on Verily. Verily just raised $1B – do any of the relationships below provide guidance for its next move? Let us know and we will post some of the best responses in our next newsletter.