Despite the market downturn and economic pressures, the majority of investors expect digital health dollars in 2023 to be roughly on par with 2020, bringing in an estimated $15 billion to $25 billion, Fierce Healthcare reports.
In fact, VCs plan to make roughly the same number of health tech investments this year as compared to 2021, according to a new survey of 50 digital health venture capital investors conducted by GSR Ventures.
For context, digital health investment in 2021 was an eye-popping $29.1 billion, according to Rock Health, and that was a huge jump from $15 billion in 2020. Venture capital firms invested $8.3 billion in digital health startups in 2019. Read more.