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Medical Care

Forbes 30 Under 30 Healthcare 2025: AI, Care & Therapies

2024-12-03

Healthcare is constantly evolving, and a new generation of entrepreneurs and researchers is at the forefront of these changes. They are taking on some of healthcare's most pressing challenges, from developing new drugs to building innovative devices and expanding access to care. In this article, we'll explore the work of some of these young leaders and how they are making a significant impact.

Unleashing the Potential of Young Healthcare Innovators

Anirudh Joshi and Valar Labs: Transforming Cancer Treatment with AI

Not all cancers are the same, and determining the best treatment approach can be a complex task. Anirudh Joshi and his company Valar Labs are using AI to analyze tumor images for bladder cancer patients. This provides doctors with valuable data to make more informed decisions. So far, 20 hospitals across the country are using their software, and they are now training their models to analyze other types of cancer like pancreatic and lymphoma. With $26 million in funding from venture capitalists, Valar Labs has the potential to become a major player in the cancer treatment space. Joshi, at just 29 years old, believes that AI will revolutionize healthcare across all domains.Another aspect of Valar Labs' work is their focus on providing accessible and accurate information. By using AI, they are able to quickly analyze large amounts of data and provide doctors with the insights they need to make better decisions. This not only improves patient outcomes but also saves time and resources.

Rob Baldoni and Dannce.ai: Using Deep Learning for Neurological Evaluations

Rob Baldoni, at 25 years old, is using deep learning with his company Dannce.ai to analyze patients' movements and help evaluate those with neurological conditions like Parkinson's. This innovative approach has the potential to improve diagnosis and treatment for these patients. By analyzing movement patterns, Dannce.ai can detect early signs of neurological disorders and provide more personalized care.The use of deep learning in healthcare is still in its early stages, but companies like Dannce.ai are leading the way. By combining advanced technology with medical expertise, they are able to provide new insights and solutions for patients.

Ricky Pati and Niko Fotopoulos: Simplifying Value-based Care for Doctors

Ricky Pati, 26, and Niko Fotopoulos, 25, have founded Sparx, a company that makes it easier for doctors to participate in value-based care programs. This software innovation helps streamline the administrative processes and allows doctors to focus more on patient care.Value-based care is an important trend in healthcare, but it can be challenging for doctors to navigate the complex requirements. Sparx simplifies this process by providing a user-friendly platform that integrates with existing systems. This allows doctors to easily track and report on their performance, while also improving patient outcomes.

Autumn-Kyoko Cushman and Leanna Haddad: Empowering Pharmacy Shift Workers

Autumn-Kyoko Cushman, 28, and Leanna Haddad, 28, cofounded ShiftRx to help pharmacy shift workers apply for and get onboarded for short-term contract work. This startup addresses a common pain point in the healthcare industry by providing a seamless recruitment process for these workers.Pharmacy shift work can be unpredictable and challenging, and having a reliable recruitment system is essential. ShiftRx makes it easier for workers to find opportunities and for employers to fill staffing gaps. By providing a platform that connects workers and employers, they are improving the overall efficiency of pharmacy operations.

Nadia Ansari and Kamran Ansari: FluxWear - A Wearable Neuromodulation Device

Nadia Ansari, 21, and Kamran Ansari, 19, have cofounded FluxWear, which has developed a wearable cap that serves as a neuromodulation device. This innovative technology has the potential to provide non-invasive treatment options for various conditions.Neuromodulation is a growing field in healthcare, and FluxWear's wearable device offers a new approach to delivering treatment. By using wearable technology, patients can receive therapy in a convenient and comfortable way, without the need for invasive procedures.

Tamara Chayo: MEDU Protection - Reusable Hospital Gowns

Tamara Chayo, 25, founded MEDU Protection, which has developed level 4 hospital gowns that can be reused multiple times. This sustainable solution helps reduce waste in healthcare and saves costs.Hospital gowns are a common item in healthcare, but they are often discarded after one use, contributing to waste. MEDU Protection's reusable gowns offer a more sustainable alternative while still maintaining high standards of hygiene and safety.

Vishnu Sunil and Apoorva Katragadda: EmerStat - Reducing Hemorrhaging in Trauma Patients

Vishnu Sunil, 29, and Apoorva Katragadda, 29, have founded EmerStat, a company that has developed a device to help reduce hemorrhaging in trauma patients. This life-saving technology can make a significant difference in the outcome of trauma cases.Hemorrhaging is a common cause of death in trauma patients, and having effective tools to control bleeding is crucial. EmerStat's device provides a new solution that can help save lives and improve patient care.These are just a few of the incredible finalists on this year's Forbes 30 Under 30 Healthcare list. There are many more young innovators making a difference in healthcare, and their work is shaping the future of the industry. Be sure to read up on all of them and explore the other 30 Under 30 2025 categories.This year's list was edited by Katie Jennings, Genevieve Bookwalter and Alex Knapp. For a link to our complete Healthcare list, click here, and for full 30 Under 30 coverage, click here.

The construction industry plays a crucial role in our lives and the environment. It is known for its significant impact on natural resources and energy consumption, often leading to environmental degradation. However, Circular Economy (CE) material efficiency strategies offer promising solutions to reduce these negative impacts. This paper delves deep into stakeholders' perspectives on the costs and benefits of implementing CE material efficiency strategies in the construction industry, using the 3-R (Reduce, Reuse, Recycle) framework.

Uncovering the Hidden Costs and Benefits of Circular Construction

Contribution of CE Material Efficiency Strategies to Overall Costs and Benefits

In the studied European countries, optimizing the reutilization of materials, using disassembly elements, and producing elements offsite are identified as the top factors influencing cost increases. While there is some variation within the European cohort, the primary impacts on overall costs remain associated with the recovery of construction materials, disassembly requirements, and offsite production. In non-European countries, similar results appear, with optimizing structural elements replacing 'using disassembly elements' as a top contributor to overall cost increases. Maximizing storage for reuse is also a significant factor in both regions.

Cost reduction can be achieved in the studied European countries by focusing on the reutilization of elements, which stakeholders consider the most significant contributor to overall costs. Other important factors include design for disassembly (DfD) and offsite production of structural elements. In non-European countries, concerns are similar, particularly regarding offsite production and optimizing reuse. However, CE practices are less developed in non-European regions, and the lack of a centralized, non-competitive recycling model may lead to recycling being seen as a less significant contributor to overall costs.

Cost Drivers and Benefits of CE Material Efficiency Strategies

Within the studied European countries, regulatory non-compliance resulting in fines and penalties is a top cost driver. Reduced work efficiency due to workers' resistance to change also significantly impacts overall expenses, along with maintenance costs and workflow disruptions. In non-European countries, waste treatment costs stand out, potentially indicating less-developed waste management infrastructure. Both regions face challenges in managing human factors in CE implementation, such as resistance to change, which affects work efficiency.

The findings also show differences in the significance of various factors between European and non-European countries. For example, non-compliance costs are a primary concern in Europe, while waste sorting was considered less important in this research but is gaining more attention. In non-European countries, stakeholders are concerned about expenditures related to staff expertise and transportation costs. By understanding these differences, targeted approaches can be developed to support CE implementation.

The results highlight the importance of adapting waste management strategies to each region's specific circumstances and priorities. By identifying potential risks and opportunities and considering stakeholder interests, governments and funding institutions can refine regulations and create incentives to support the implementation of circular economy principles in the construction sector.

The mid-term outlook for the construction and mining industry presents a promising scenario. With inflation-adjusted growth projected at 4% and 1% respectively, various factors are driving this positive development. Let's explore these in detail.

Unveiling the Future of Construction and Mining

Lower Interest Rates and Their Impact

Cooling inflation enabling lower interest rates is set to have a positive influence on commercial and residential construction. In the U.S., for instance, this is supporting the sales of compact construction equipment. It shows how economic factors can shape specific sectors within the industry.Another aspect is the role of government spending. In the U.S., through initiatives like the Jobs Act, Chips Act, and Inflation Reduction Act, as well as in the EU with the new Green Deal, re-investment in infrastructure is driving growth. In countries like China with the One Belt, One Road initiative and India with the National Infrastructure Pipeline, infrastructure investments are not only ensuring domestic economic expansion but also increasing global leverage.

Electrification in Construction Equipment

By 2030, electrification in construction equipment is not expected to have significant penetration. Cities requiring zero-emission vehicle (ZEV)-based construction projects within city limits will drive low to mid-single-digit penetration rates. For ZEV penetration to become more prevalent, the solution's versatility needs to evolve in line with battery performance and cost.

Autonomous Solutions and Connected Services

There is a significant focus on autonomous solutions to optimize worksite performance. These solutions often experience customer pull as they improve efficiency and reduce labor dependency at construction sites. For example, collision awareness and avoidance systems are a case in point.Connected services also play a crucial role. A better understanding of machine problems and a proactive, maybe even predictive maintenance approach improves fleet uptime while increasing parts sales for original equipment manufacturers. Connectivity opens the door for fixed-rate maintenance contracts, enabling new business models.

The Agriculture Market and Its Trends

While construction equipment has significant applications in agriculture, the market will likely be subdued in the next few years. The COVID-19 pandemic and the Ukraine war-induced commodity boom led to a robust market where farmers bought what they needed. But now, most farmers are being cautious due to a more challenging market environment and are postponing purchases.

Mining Business Trends and Regional Variations

The main driver for growth in the mining business is a combination of global GDP growth and declining ore grades, requiring more equipment to move more material of lesser value. Regional trends vary, with a decline in coal globally offset by growth in metals and minerals, especially battery materials, copper, and iron ore.Autonomy and autonomous hauling solutions are well established in the mining industry and will continue to drive work site productivity gains by 2030. However, electrification's overall impact on equipment volumes remains moderate with less than 2% penetration.

Considerations for Western OEMs

Given the industry's moderate growth prospects and increasing global Chinese competition, Western OEMs and suppliers should watch their costs while taking advantage of global growth opportunities. They need to prepare for stronger Chinese competition by understanding Chinese cost structures, strategies, and ambitions, as well as customer needs in emerging markets. Developing product and service offerings for these use cases and investing in service solutions to bind customers beyond product performance is crucial. Monitoring Chinese technological progress and customer value solutions is also essential.Continuing to invest in worksite optimization solutions both standalone and with partners is vital. The Chinese challenge is similar to the entry of Japanese and Korean players, but China's scale is significant. Western OEMs and suppliers have no time to lose in preparing for this competition.