Reports Peg Digital Health Funding at $4B to $6.5B in 2014
December 30, 2014 in News
The report showed that the most popular areas for investment in 2014 were:
- Big data and analytics, with $1.46 billion; and
- Population health, with $1.14 billion (Tahir, Modern Healthcare, 12/29).
In addition, the report showed that corporate venture capital investments in digital health investments grew significantly, compared with 2013. Qualcomm Ventures was the largest investor in digital health, with 12 deals in 2014 (Baum, MedCity News, 12/23).
Overall, the report found that the number of digital health deals closed dropped from 590 in 2013 to 459 deals in 2014 (Modern Healthcare, 12/29).
Rock Health Report Findings
Meanwhile, a soon-to-be released report from Rock Health found that investments in digital health reached about $4 billion in 2014, Health Data Management reports.
The Rock Health report, which described the 2014 venture funding level as “unprecedented,” found digital health funding through the first half of the year exceeded all funding recorded in 2013.
According to Health Data Management, the report showed the total number of deals to close in 2014 increased by 107 from 2013, reaching 287. Big data and analytics was one of the most popular areas for investment, according to the report.
In addition, the report projected popular areas for investment in 2015 will include:
- Health care consumer engagement;
- Personal health tools/tracking; and
The full report will be released Jan. 1, 2015 (Slabodkin, Health Data Management, 12/29).