Big Data and Artificial Intelligence Hold Greatest Promise for Healthcare Technologies, According to Silicon Valley Bank Survey

Biggest Challenge –Although the industry is at the forefront of innovation, consumer, patient and client adoption remains the biggest industry challenge (37 percent) followed by regulation (34 percent). Greatest Impact on Investments –Thirty-four percent of survey respondents say the success of existing technologies gaining traction will have the greatest impact on investment in the sector next year. Despite uncertainty, the upcoming US Presidential election was seen as least influential factor impacting investment in the industry (7 percent). Most Promising Technology – Survey respondents say big data (46 percent) and artificial intelligence (35 percent) are the technical innovations that will have the greatest impact on healthtech in 2017. Biggest Growth Sector – Healthcare delivery/IT is cited as most likely to experience growth in the coming year (45 percent), ahead of more consumer-focused products including mobile health apps (8 percent) and wearables (7 percent).