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 29 days ago
 Source: news.crunchbase.com

Digital Health Investment Landscape: Telemedicine Takes The Lead For Now – Crunchbase News

Quick Summary

I’ve noticed that certain areas of digital health investment are having a moment right now, especially in telemedicine, as doctor visits went virtual while everyone sheltered in place during the COVID-19 pandemic. In addition, tech companies that have not dabbled in the health care space before are now entering the field. Suennen pointed out that prior to 2010, hardly any venture capital investments were in health care technology. That, coupled with better adoption, a more favorable regulatory environment, interoperability, and user experience, means “digital health is clearly here to stay,” she added. Suennen said that 63 percent of all funded digital health companies in the first quarter of 2020 were focused on selling to providers.

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