Digital health hangs on as investors shy away from unprofitable startups
From wearables and online appointments to digital pharmacies and care search tools, patients are demanding easier access to healthcare. But are investors answering their call?
Last year, VCs pumped $7.0 billion into digital health startups, a far cry from 2021's record $15.6 billion but in line with 2020's levels. But while funding held up well considering overall economic conditions, PitchBook analysts still expect it will take until 2024 for investments and exits to fully recover.
Our debut digital health coverage highlights VC trends, key players, opportunities, challenges, and more across four segments: telehealth, digital therapeutics & digital treatments, health coaching & wellness, and digital care management.