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Digital Health: Global Deals & Funding in Q2 2023
Recent analysis by CB Insights shows that in Q2'23, care delivery and navigation tech dominated the healthtech VC scene, securing a staggering US $1.5 billion in 3 months; this makes it the sole digital health segment to breach the billion-dollar threshold in a single quarter.
Care delivery and navigation tech makes up roughly 45% of the entire digital healthcare business, and roughly 49% of all digital healthcare companies fall under this category – providing better therapy, patient remote assistance or patient treatment.
Hot on the heels of patient care, was startups in the monitoring, imaging, and diagnostics tech, which garnered $700 million in fundraising in Q2 2023.
The drug research & development sector wasn't far behind, raising $400 million in the same quarter.
Related Report
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The Business of Healthtech in MENA
Globally, Digital Health is ballooning into a US $660 billion industry by 2025. MENA based healthtech startups have raised over $600 million and reached a combined valuations of nearly $2 billion. By exploring our special reports, you will gain valuable insights into the trends, challenges, and opportunities that define the MENA Healthtech landscape. Learn how technology is giving us greater access to healthcare and better health outcomes.
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