The health and health tech industry of Silicon Valley is pushing a rapid transformation in the traditional thinking of healthcare. It is promoting a more vertical approach, combining the most risk–willing and innovative thinking ecosystem of the world with the largest and fastest-growing industry in the U.S. Health and health tech are changing everything, not just within healthcare.
For the health sector, “business as usual” is under assault. Patients are becoming customers, hospitals are being forced to think outside traditional frameworks, and providers are navigating increasingly complex and multifaceted systems across many industries – industries that previously complemented each other, and now compete. This trend is not merely a result of the growing impact of big data, AI and digitalization in general, but it is also due to the diligent incursion of especially tech companies into the health domain. Not surprisingly, given that the U.S. health industry's size eclipses sectors like the global advertising market by a factor of five – the foremost revenue-generator for tech giants like Google and Facebook.
The health space is not just healthcare; it is more.
It means traditional companies need to transition, innovate, and better understand this change to stay competitive and relevant. It means the biggest companies of the future will come from those who understand that the path to success will be a health-oriented hybrid across industries. It means healthcare must break traditions, and reinvigorate its horizons.
The largest export sector in Denmark, by a factor of four to the second largest, is the health industry. And it is increasing. Leveraging new technologies and this shift we see in the health space is paramount for Danish companies to imprint globally and to stay ahead.
ICDK (Innovation Centre Denmark in Silicon Valley) supports Danish businesses, Government Agencies, Entrepreneurs, Academia, and Students.
Our programs aim to ensure that stakeholders and innovators of Denmark are at the forefront of the latest developments and future trends. We facilitate knowledge and partnerships that strengthen the ability of Danish companies to compete in a global market, enabling companies, entrepreneurs, and researchers to learn and collaborate directly with their counterparts in Silicon Valley.
With some of the world's top universities in close proximity, a vibrant venture capital market, and probably the most active space for entrepreneurs in health and health tech, ICDK Silicon Valley has access to leading scientists, world-class thought leaders, and opportunities no other place on Earth has.
If you would like to know more about your opportunities in Silicon Valley, please feel free to reach out to us.
Title: Senior Advisor, Health
Email: [email protected]
Phone: +1 (650) 238-6669
