Hot Spots For Health Tech Startups

digital-health-2015Whether activity trackers, smartwatches or sensors, wearables have made fitness and wellness an always-on activity among consumers. But a disconnect exists between an “always-on” approach and the brick and mortar that is the doctor and patient relationship.

A rise in digital health solutions has the potential to alter the nature of the doctor-patient dynamic through increasing virtual treatment, self-care and engagement. An estimated $2.8 billion was used to fund digital health startups last year, and an even bigger influx of startup cash is emerging in this area. Accenture estimates that funding for digital health solutions will double in the U.S. over the next three years, growing from $3.5 billion in value to $6.5 billion by the end of 2017.

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About Peter Coffaro 1430 Articles
A growth-driven and strategic executive, Peter Coffaro commands more than 20 years of progressive management success within the medical device industry. As a District Sales Manager for Stryker Orthopaedics, Peter was responsible for managing and directing a regional sales force to achieve sales and profit goals within the Rocky Mountain region. Previously, he was the Director of Sales & Marketing for Amp Orthopedics. In this role, Peter was responsible for planning, developing, and leading all sales and marketing initiatives. Peter is a former orthopedic distributor in the Pacific Northwest. He has also worked with DePuy Orthopaedics as well as Zimmer, and held positions in sales, sales training, and sales management. Peter has an extensive background in organizational development, business development, sales management, negotiating and P&L management. Peter holds a B.S. degree in Biology from Northern Illinois University.

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