The year 2021 was a banner year for digital mental health investment. That fact is highlighted by the cliff-jump drop in investment in 2022, Behavioral Health Business reports. A new report from CB Insights shows that total investment in digital mental health for the first six months of the year totals about $1.5 billion, 40% less than the first half of 2021. The data-heavy report doesn’t delve into why digital mental health has seen this slump. However, the report tracks a continued global slowdown in digital health investment in 2022 so far compared to 2021.
CB Insights tracked $7.1 billion in total digital health investment, a 57% reduction compared to a year ago and a 32% reduction compared to the first quarter of 2022. Read more.