Unprecedented wellness technology focus at GWS
For the first time, the annual Global Wellness Summit (GWS), which takes place in Florida, USA from 8 to 11 November 2020, will include a Tech Innovation Pavilion.
This important and timely new GWS initiative comes as COVID-19 radically accelerated the migration of health and wellness solutions and experiences online. This has simultaneously ignited a rush of innovation in all kinds of wellness technology, including new mental wellness platforms, digital fitness and beauty solutions, femtech, work solutions, technology for healthy homes and communities, and platforms that bring wellness to underserved populations.
According to the GWS, investment and consumer adoption is in overdrive: venture capitalists poured $3.1 billion into digital health in Q1 of 2020; the top 10 mental wellness apps are seeing a combined 10 million downloads a month under COVID-19; and funding for the at-home fitness sector quadrupled in Q1.
The GWS conference will place an unprecedented focus on technology innovations that are transforming the wellness space, featuring keynotes from leaders and investors across this booming space and launching its first Tech Innovation Pavilion, showcasing early-stage start-ups, as well as established companies that have executed a ‘virtual pivot’ in response to the crisis. This programming is being realised in partnership with Welltech1, the Israeli wellness technology fund and the first marquis sponsor of the Pavilion.
“I’m thrilled to help lead the Tech Innovation Pavilion,” said Amir Alroy, co-founder of Welltech1. “We can attest that in the past few months, the demand for wellness technology has dramatically increased, and we cannot ignore how new solutions could foster better lives for the world population and for companies and organisations in the aftermath of COVID-19.”
The GWS 2020 event takes place at The Breakers Palm Beach in Florida, USA from 8 to 11 November.
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