If the momentum of investment continues, this year could surpass year-end totals seen in 2019 and 2023 ($8.2B and $10.7B, respectively), two years that can serve as comparable periods outside the pandemic, according to Rock Health's H1 2024 digital health funding report released this week.
Digital health startups in the U.S. raised $5.7 billion across 266 deals in the first half of 2024.
Seed,...
AI in healthcare and value-based care enablement are top developing trends in healthcare, but lack scalability so far, while big box retailers as providers and data interoperability have shown a high volume of activity in 2023, and are scaling with long-term trajectories.
Rock Health's report, which utilized data to determine the sequence of developments in the digital health space this year,...
Digital health startups raised $3.4 billion across 132 deals in the first quarter, according to Rock Health's latest funding report.
Though investment in Q1 surpassed the last two quarters – where companies notched $2.7 billion in Q4 and $2.2 billion in Q3 – the authors noted this probably isn't a return to the booming funding environment seen in 2021 and early 2022.
"Overall, Q1’s mega-deal...
Eighty percent of all respondents have used telemedicine within their lifetime and it's now the preferred channel for receiving prescriptions and care for minor illnesses, according to Rock Health's 2022 Digital Health Consumer Adoption Survey.
The survey, which asked 8,014 U.S. adults about their experience with digital health, also found that audio-only and asynchronous telemedicine modalities...
Digital health funding took a tumble in 2022, with U.S.-based startups raising $15.3 billion across 572 deals.
Rock Health's report found the year's funding total was a little over half of 2021's $29.3 billion, and just beat out 2020's $14.7 billion. Average deal size was $26.7 million, which didn't surpass either of the previous two years.
"With recession concerns looming, H2 2022’s quarterly...
Return on investment and clinical validation will be the most significant indicators for success for digital health companies in 2023, according to a survey by investment firm GSR Ventures.
The survey, which included responses from more than 50 investors, found that more than 94% deemed ROI to be "important" or "very important" to a digital health company's success, and 79% said clinical evidence...
Digital health startups raised $2.2 billion across 125 deals in the third quarter this year, marking the lowest-funded quarter since Q4 2019.
The report by Rock Health found digital health funding has reached $12.6 billion across 458 deals so far this year, far below 2021's booming investment landscape. Funding also fell 48% between Q2 and Q3 this year, while the number of deals only dipped 14...
Digital health funding has declined from the blockbuster investment seen in 2021, but a Rock Health report on the first half of the year notes it isn't all doom and gloom for the sector.
The report found U.S. startups raised $10.3 billion across 329 deals in the first half of 2022, with an average deal size of $31.2 million. Though funding in the first quarter of the year was similar to Q1 2021...
Coming off a groundbreaking year in 2021, digital health funding may be finally slowing down as the industry wraps up the first quarter of the new year.
According to Rock Health's Q1 2022 report, U.S. digital health startups raised $6 billion across 183 deals, well behind Q4 2021's $7.3 billion. Though the first quarter of the year usually isn't the brightest spot when it comes to funding, the...
Younger patients with higher incomes and education levels are still the top consumers of telehealth, pointing to potential access inequalities, according to Rock Health’s 2021 Digital Health Consumer Adoption Survey.
The survey, which this year asked nearly 8,000 U.S. adults about their experiences with digital health and telemedicine, found the most likely telehealth consumers were higher income...
