AI-Driven Health Tech Bucks Investment Trend with $8.2 Billion Surge
HealthCare Dive
|
Contributed by: Kate Gamble
Summary
In the first half of 2023, while overall healthcare sector funding declined significantly, health tech investment thrived, raising $8.2 billion in the U.S. and Europe, largely due to increased interest in artificial intelligence applications. This marks the most successful first half for health tech since early 2022, with AI-driven startups leveraging sustainable business models. However, the broader healthcare industry is struggling with its lowest fundraising levels in over a decade, affected by macroeconomic challenges and potential policy changes. The contrast highlights health tech's vital role in the innovation landscape, underscoring a potential shift in focus for investors and healthcare professionals seeking growth areas.
