Mary Meeker, a partner at Kleiner Perkins, never much mentioned the medical sector in years past in her massive annual report on the future of the Internet. But this year, health care was a standout star with its own section.
It's not all that surprising, given the rising interest from venture firms in the estimated $3 trillion sector. In 2016 alone, venture investors poured $4.2 billion into health-technology startups, according to the venture firm Rock Health.
This year, internet in health-technology is showing no signs of letting up with Silicon Valley's venture capital firms increasingly hiring bio experts to help guide their investments, like computational biologists and doctors. Some tech firms are diving into regulated areas, in funding new diagnostic tests and drug discovery tools, while others are focusing on fitness, wellness and concierge medical care.
Here are the highlights from the talk, which demonstrates how the tech sector thinks about opportunities in the space: