CB Insights September 16, 2020
With global healthcare expenditure exceeding $7T per year — accounting for nearly 10% of global GDP — Apple’s interest in the space is unsurprising.
A core part of the tech giant’s broader healthcare strategy is developing AI and machine learning solutions, from algorithms to detect early signs of Alzheimer’s to computer vision systems that developers can use to build AI healthcare apps.
Apple’s active installed base of 1B+ devices gives the company immediate access to a large audience and a wealth of health data, which can power artificial intelligence systems to help users monitor and manage their health. The tech giant also announced new health features for its Apple Watch in its September 15 conference, including a sensor to...