3 Healthcare Business Opportunities to Watch in 2017

getty_474895244_122603In 2014, New York based accelerator Startup Health declared it was the “The Year Digital Health Broke Out”. With an increase of 125% from the previous year in startup funding for a total of $6.5 billion, the title was well earned.

Fast forward to the end of 2016, this trend has only continued to grow. In their 2016 Q3 funding report, the report stated “2016 is on track to be the biggest year yet for digital health funding. Q3 was significant with almost $2.4B in deals, nearly half of which were international. We continue to see the market expand globally, with several large deals taking place both in the US and overseas.”

These numbers tell a story that any hungry entrepreneur or founder plotting their next move, would be foolish to not at least have a deep dive into the fast-growing and slow to evolve healthcare industry. If entrepreneurs are famous for looking for problems to solve, it’s hard to think of anything in more need than the current state of healthcare in the United States.

For the hungry entrepreneurs, here are 3 of the biggest business opportunities in the healthcare sector.

By Drew Hendricks | Inc.

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About Peter Coffaro 1134 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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