According to Google’s Health boss David Feinberg... over one billion people a day search Google for health concerns.
But, what if, instead... they could "consult" a phone app with the power of hundreds of doctors?
After five years in beta, we think that they are about to disrupt the $11.8 trillion healthcare industry.
It will be available to 300million smartphone users in USA
And that’s just for starters. Eventually, it could target the world’s 3.8 billion users.
TECH DISRUPTIONS CAN LIFT ALL STOCKS IN THE SECTOR: THE AI HEALTHCARE MARKET WILL SOON GROW 18X TO $120 BILLION
The AI healthcare market is growing at an astonishing rate.
It's growing at a compound annual growth rate of 41% a year, according to GrandView Research.
Some predict it will go from $6.7 billion a year to $120 billion a year in revenue by 2028 That’s 18X growth.
The smart money is moving into this sector now, chasing these potential returns.
So, how does Treatment’s Carabreakthrough AI app work?
Cara was trained by hundreds of doctors to think like a doctor to be your personalized symptom-checker, provide intelligent follow-up, and manage healthcare for your entire family.
Not only was it trained by doctors, but it’s also licensed to train doctors at the University of Minnesota’s medical school.
HOW AI IS CHANGING HEALTHCARE: CHEAPER AND INCORPORATES THE SKILL AND EXPERIENCE OF HUNDREDS OF DOCTORS
Instead of turning to Google…
Tens of millions of people are now turning to the next generation of health apps…
And those apps have been statistically proven at times to be better than actual doctors at performing correct diagnoses and providing the right medical guidance and prescriptions.
Cardiologists are now competing with IBM’s Watson Health, which has a track record of diagnosing heart disease better.
The entire healthcare sector is undergoing digitization, whether it's something as basic as patient records, as convenient as wearables or as complex as AI diagnosis. It’s redefining healthcare monumentally.
According to TechCrunch’ Kai-Fu Lee, diagnostic AI will “surpass all but the best doctors in the next 20 years”.
And studies have already demonstrated that AI trained on big enough data can outperform doctors in various elements of diagnosis--from brain tumors and skin cancer, to eye disease, breast cancer and lung cancer.
And the COVID-19 pandemic is accelerating the disruption . And even then, an April 2020 study found that an AI system managed to detect 17 out of 25 positive COVID-19 cases based on normal CT images, while professionals had failed to detect any.
This could be the biggest disruption the $11.9-trillion global healthcare industry has ever seen. And it’s just getting started.
DOCTORS IN YOUR POCKET: CARA’S BREAKTHROUGH SELF DIAGNOSIS TECHNOLOGY
Like Amazon disrupted retail...
Like Netflix disrupted everything from cable TV to Hollywood …
How? By empowering consumers to take control of their healthcare in an increasingly dysfunctional system that is impossible to navigate and wildly unaffordable.
For the past 5 years, Cara's tech team has been harnessing the power of AI...
To develop a more accurate smartphone AI engine.
The biggest opportunity in an AI healthcare sector that hit $120 billion in 2020 and some predict will hit an unbelievable $4 billion by 2025 is going "direct to consumer".
Currently, people try to self-diagnose online… But soon that will change.
Treatment’s Mobile application with Cara Digital Health Assistant provides users with tailored assessments and recommendations from personal medical history, wearable data and individual tracking data.
It also provides intelligent, AI-powered follow-ups--just like a doctor. It integrates intelligent tracking and monitoring into a single app to support health and illness prevention.
And it seeks to become the most accurate health data on the market -- this AI has been trained by a global team of doctors, engineers and mathematicians to continually learn--until all ~10,000 diseases known to man is part of Cara’s intelligence portfolio.
It's been so successful that it's now being licensed by universities to train doctors.
And now, by the end of October, this same technology -- the Cara Health App -- will launch in the public ...
Giving you the power of a huge number of doctors in your smartphone.
A first or second opinion is only a tap away.
The market is limitless…
A POTENTIAL AUDIENCE OF 3.8 BILLION SMARTPHONE USERS
The direct-to-consumer phone app model is one of the most profitable in history...
And first-movers in new categories become tomorrow’s big stock winners.
WebMD isn’t a publicly traded company, and it’s valued at $2.8 billion--without any intelligent AI or healthcare management aspect at all.
Babylon Health is valued at $4.2 billion now and is gearing up to go public.
But Cara is a breakthrough.
It's the next gen app and could become worth more than the others in the industry.
Considering the estimated one billion Google searches a day for health concerns... Cara only needs a 1% market penetration... To gain 10 million new users.
10 million users could turn this small company into a multi-billion-dollar household name.
It’s already clear that the multi-trillion-dollar healthcare industry is being thoroughly disrupted by AI …
AI in the healthcare industry will grow by multiples more … from $6.7 billion to over $194 billion by 2030...
With a direct-to-consumer model …
That links the consumer up with wellness, telemedicine, pharma and health products for multiple revenue generators, plus collects a goldmine of data that could ping major industry radar …
The Treatment Mobile, Cara app could become as big as any of its 3 competitors... even bigger.
If it does, it could turn this small $371-million market cap company into a multi-billion-dollar household name.
The time to get in is now… before it launches. And we’re just weeks away from that.
Big Pharma is also working to tackle the new reality in healthcare:
A lot can be said about how food providers are helping the health and wellness movement flourish, as well. Take, Burcon NutraScience Corporation (TSX:BU), for example. Burcon is a Canadian tech firm rethinking the plant-based diet. With a focus on high-purity, sustainable, flavorful, and affordable products, Burcon has checked every box in the consumer’s book. Founded way back in 1998, the company has been at the forefront of the movement for over two decades, and it’s only become more refined since.
According to its mission statement, Burcon “seeks to improve the health and wellness of global consumers through the discovery and development of sustainable, functional and renewable plant-based products for the global food and beverage industries.”
Else Nutrition Holdings Inc. (CSE:BABY) is another innovative plant-based lifestyle company from Canada. Else Nutrition has taken a different approach than many of its competitors, targeting a particularly young market – babies. Else was a first-mover in this space, offering a well-rounded, clean, sustainable and most importantly, plant-based, approach to baby food.
Their products aim to deliver al of the same benefits as typical baby food, but with an organic twist. In fact, 92% of their products are made from three core healthy ingredients, almonds, tapioca, and buckwheat. And the best part, is they never alter the plants’ chemistry or remove any of the micronutrients, they just alter the texture.
Maple Leaf Foods (TSX:MFI) is another veteran in the Canadian foods realm. Since 1991, Maple Leaf has been making aggressive acquisitions, supplying high-quality foods, and leading in new innovations to ensure the highest quality products for all of its consumers around Canada. And just last year, it announced its plans to dive head first into the plant-based foods industry with a $310 million facility in Shelbyville, Indiana.
More than that, however, Maple Leaf Foods is also committed to slashing its own carbon footprint. In fact, on November 7, 2019, the company announced that it was the first major carbon-neutral food company – a huge claim to fame in a world racing to go green.
The Very Good Food Company Inc. (CSE:VERY) is a Canadian company that is quickly gaining a lot of ground in the market. With the slogan, “we believe in butchering beans, not animals,” they’re looking to tap into the plant-based niche in a hurry. And it’s resonated very well with investors.
Since its IPO in June, the Very Good Food Company has seen its share price grow by over 70%, and it’s showing no signs of slowing. In just a few short months, the company has opened several new facilities, signed a string of deals, and is quickly carving out its place in Canada’s fast-growing plant-based lifestyle scene.
Modern Meat Inc (CSE:MEAT) is a Canadian company following directly in the footsteps of its American cousin, Beyond Meat. With a focus on Instagram-worthy products that could easily garner the interest of any meat-eater, the company is looking to make the plant-based lifestyle trendy. And consumers are loving it.
The company announced in early October that its stock had sold out for over 15 weeks in a row. "We are pleased to announce that our sellout streak is continuing and there is an obvious demand for our products. Despite the interest in our products we are currently constrained by our production capacity and continuing the set-up of our new facility," stated Tara Haddad, Chief Executive Officer of the Company.
By. Joao Piexe
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