simpleDigital Health Ecosystem MappingMental HealthPharmaceutical
H1 2024 Digital Health Funding: Global Key Trends Report
During the first half of 2024, the Digital Health sector experienced notable trends and shifts. Despite broader venture slowdowns, digital health funding demonstrated remarkable resilience, with Q2 2024 outperforming Q1 ($7.1 billion vs. $5.3 billion). Beyond funding, two key innovation hubs have emerged over the past 12 months: TechBio and Health Systems. As the ecosystem continues to experience high-profile ventures closing down due to miscalculated business models, and investors remain in a wait-and-see holding pattern, the dust has not yet entirely settled from the funding collapse in 2022 and 2023. The period of stabilisation will likely continue throughout the rest of 2024.