This Week Health
SOAR 2024 Bluebird Leaders This Week HealthAlex's Lemonade Stand This Week Health
SUBSCRIBE NOW to receive top 7 stories daily to your inbox
<--  All Stories

State of Digital Health 2023: From Gold Rush to Consolidation in a Cooling Market

January 29, 2024
Hit Consultant
Summary
2023 saw a shift in digital health from record-breaking funding to consolidation due to market cool, according to CB Insights. The pandemic had inflated innovative funding, which halved to $13.2 billion in 2023, a pre-pandemic level. Mega-rounds exceeding $100 million decreased, however, the median deal size remained high, suggesting resources being focused on fewer, promising ventures. The number of "unicorn" companies decreased, M&A deals nearly doubled, pointing to consolidation focus. Despite the downturn, opportunities for expansion and technology refinement exist in the reshaped ecosystem.
Transform Healthcare - One Connection at a Time

© Copyright 2024 Health Lyrics All rights reserved