Digital Health Report

This report was reuploaded on December 15, 2023, to reflect updates to Hinge Health's data.

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Digital health looks for a turnaround  

The digital health vertical continued its challenging year in Q3, generating $800.0 million in VC funding across 60 deals, multiyear lows that indicate  an ongoing declining trend, according to PitchBook’s latest Emerging Tech Research. The digital health sector was a pandemic darling, although shifting market conditions have significantly reduced the level of funding available. Still, we see several emerging opportunities for investors in the space, including virtual specialty medicine such as gastrointestinal care, and digital drug companion software.