Digital health funding continues to slide, with the third quarter seeing the sector’s lowest funding since the first quarter of 2019, according to a new report from CB Insights.
Global digital health funding of $4.6 billion fell 36% from the second quarter to the third quarter this year, and 72% from its record high in the second quarter of 2021, the market intelligence firm found.
That deceleration in funding is especially severe in the areas of clinical trials tech, telehealth and health IT, though telehealth and health IT continue to see some of the highest funding amounts overall, Healthcare Dive reports. Read more.
