Digital Health Ecosystem for Oncology
Galen Growth is pleased to share with you our latest insights on Digital Health in Oncology. We define the boundaries of this important topic and explain the current trends in the market that are driving demand in the area. Our analysis focuses on private ventures and includes noteworthy partnerships, spotlight ventures, and venture funding.
Key Insights
- Oncology ventures dominated digital health landscape, raising the largest share of venture funding and forming numerous partnerships.
- Funding collapse in Q1 2023 knocked Oncology out of the top spot, overtaken by Neurology.
- Partnership activity remains strong, particularly in the Medical Diagnostics cluster.
- Regulatory filings for Oncology ventures were constant from 2021 to 2022, indicating a healthy ecosystem committed to generating evidence. Many ventures raised funds and are prepared for a potential venture capital drought.