Digital health had another standout year in 2021, with startups raising an eye-popping $29.1 billion across 729 deals, Fierce Healthcare reports, citing Rock Health, a venture fund dedicated to digital health. Overall, investment in the market nearly doubled 2020’s $14.9 billion former record haul, the company noted in its year-end funding report. Digital health startups offering mental health maintained their spot as top money raisers, bringing in $5.1 billion—$3.3 billion more than any other clinical indication in 2021, and nearly double 2020’s funding total of $2.7 billion, according to the Rock Health report. Investors also boosted funding for diabetes care and musculoskeletal (MSK) care, conditions that can increasingly be managed virtually. Rock Health analysts say there are a few signs pointing to a continued acceleration in the market. Read more.
Digital Health Startups Banked Record-Breaking $29.1B Last Year. Will the Momentum Continue in 2022?
