US digital- health start ups raked in record venture cash
- ByStartupStory | January 27, 2022
Investors enfolded fledgling firms in telemedicine, mental- health care, decentralised clinical trials and more, putting $ 37.9 billion to work, up from $ 21.7 billion.
US digital- health start ups collected a record amount of venture capital as apparel’s cited larger checks to a growing number of maturing companies in sectors like virtual care, according to industry data.
Recently, digital health has gone from alcove industry to the monotonous as start ups have functioned artificial intelligence, big data and remote care in a emerging number of areas in health care and bio medical research.
Investors effused $ 1.5 billion into the market, but technology alone won’t figure out long standing problems like reimbursement rates and provides shortages.
Intrepid investors started dabbling in mental health care over the past few years as part of a broader digital health funding accumulated, but many remained wary.
Celebrity benediction, like Olympic swimmer Michael Phelps’ campaign with virtual therapy start up Talkspace, started to chip way at the long standing blot, while mindfulness apps like calm offered meditation sessions at the click of a button.
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