Telehealth, analytics top highest-funded digital health categories in 2019

Global venture funding for health IT startups fell to $8.9 billion in 2019, a 6 percent drop from 2018's $9.5 billion, per a Mercom Capital Group report, reflecting previous reports showing a similar drop in U.S.-specific digital health funding.

The Mercom report found that, of the digital health startups funded in 2019, consumer-centric companies fared better than practice-centric ones. While consumer-centric startups saw their collective funding rise 2 percent year over year, to $5.3 billion, practice-centric companies experienced a 16 percent decrease to $3.6 billion.

Those findings were evident in the highest-funded digital health categories of the year, led by the consumer-centric telehealth segment:

1. Telemedicine: $1.76 billion

2. Analytics: $1.64 billion

3. Mobile health apps: $1.23 billion

4. Clinical decision support: $748 million

5. Mobile wireless: $556 million

6. Booking: $537 million

View the full report here.

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