Win-Win Investments: Synthetic Biology for growth and innovation
The results are in: how can innovation win?
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| 1:00 PM - 1:10 PM The Results Are In: How Can Innovation Win? PRESENTER Jody Holtzman SVP Enterprise Strategy and Innovation AARP @jholtzman #DigitalHeal thCES
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Transcript of The results are in: how can innovation win?
| 1:00 PM - 1:10 PM
The Results Are In: How Can Innovation Win?
PRESENTER
Jody HoltzmanSVP
Enterprise Strategy and Innovation
AARP
@jholtzman
#DigitalHealthCES
2016 Caregiving Innovation Frontiers
The multibillion dollar opportunity in caregiving
Call for Action3
Nearly 10,000 Americans turn 65 every day.
05/03/2023
Market Opportunity4
05/03/2023
Market opportunity: $72.2B for 2020, cumulative $279B from 2016-2020
Cumulative Opportunity: 2016 – 2020 5
05/03/2023
Cumulative Market Revenue Opportunity Over Next Five Years
2016 2017 2018 2019 2020 $-
$100
$200
$300
$10 $21
$32 $46
$60
$25
$53
$85
$122
$166
$43
$91
$145
$207
$279
(2016-2020 , in $ billion)
Caregiver out-of-pocket spending Care recipient out-of-pocket spendingTotal caregiver support solution market
Six Areas of Opportunity6
05/03/2023
Daily Essential Activities
Health and SafetyAwareness
CareCoordination
TransitionSupport
SocialWell-being
CaregiverQuality of Life
Today and Tomorrow7
05/03/2023
Caregiving market opportunity expected to reach $72B by 2020 – 80% of spending will be out of pocket
Market Revenue Forecasts: 2016-2020Total Caregiver Support Market
8
05/03/2023
Daily Essential Activities:
$207.6B
Health and SafetyAwareness:
$20.3B
CareCoordination:
$8.4B
TransitionSupport:$21.3B
SocialWell-being:
$4.7B
CaregiverQuality of Life:
$17.2B
9
Daily Essential Activities
05/03/2023
Caregiver Out-of-Pocket Spending
Total Caregiver Support Market
$36.5B
$207.6B
Care Recipient Out-of-Pocket Spending
$137.8B
10
Health and Safety Awareness
05/03/2023
Caregiver Out-of-Pocket Spending
Total Caregiver Support Market
$4.3B
$20.3B
Care Recipient Out-of-Pocket Spending
$15.3B
11
Care Coordination
05/03/2023
Caregiver Out-of-Pocket Spending
Total Caregiver Support Market
$737M
$8.4B
Care Recipient Out-of-Pocket Spending
$1.4B
12
Transition Support
05/03/2023
Caregiver Out-of-Pocket Spending
Total Caregiver Support Market
$4.3B
$21.3B
Care Recipient Out-of-Pocket Spending
$11.5B
13
Social Well-being
05/03/2023
Caregiver Out-of-Pocket Spending
Total Caregiver Support Market
$552M
$4.7B
Care Recipient Out-of-Pocket Spending
N/A
14
Caregiver Quality of Life
05/03/2023
Caregiver Out-of-Pocket Spending
Total Caregiver Support Market
$13.7B
$17.2B
Care Recipient Out-of-Pocket Spending
N/A
WELCOME
#DigitalHealthCES
SPEAKER
David Inns
CEO
GreatCall Inc.
@GreatCallCEO
| 1:10 PM - 1:40 PM
Time to Refocus: Caregiving Redefined
SPEAKER
Sanjay Khurana
Vice President Caregiving Products &
Services AARP Services
@sanjaykhurana
SPEAKER
Dr. Vidya Raman-Tangella
Head of Innovation Center of Excellence UnitedHealthcare
MODERATOR
Jeff Makowka
Director of Market Innovation
Enterprise Strategy and Innovation Group
AARP@jmakowka @myUHC
#DigitalHealthCES
MODERATOR
Mike Feibus
ColumnistPresident and Principal
at TechKnowledge Strategies
USA TODAY
@MikeFeibus
| 1:45 PM - 2:10 PMNature vs. Nurture Debunked: The Power of our Genes
SPECIAL GUEST
Deepak Chopra, MD
FounderThe Chopra Foundation
@DeepakChopra
SPECIAL GUEST
Rudolph Tanzi, MD Professor of Neurology
Harvard University
@RudyTanzi
#DigitalHealthCES
MODERATOR
John LynnFounder
HealthcareScene.com
@techguy
| 2:15 PM - 2:40 PMLook Who’s Talking: Newborn Genomic Data Enables Precision Medicine
SPECIAL GUEST
Aaron Black
Director, Informatics, Inova Translational
Medicine Institute (ITMI)
@TheDataGuru
SPECIAL GUEST
Andy Dé
Global Managing Director and General Manager
for Healthcare and Life Sciences
Tableau
@HITstrategy
#DigitalHealthCES
