« back to reports
Digital Health Report

Q4 2023

Digital Health Report

March 26, 2024

Fill out the form to download a preview of this report. The full report is available through the PitchBook Platform.

Digital health settles into a new normal 

In Q4, digital health startups raised $1.1 billion in VC funding across 57 deals, a 1.7% QoQ increase in deal value, but a marked decrease in deal count, which declined 21.9%.  

As the vertical begins to stabilize, senior analyst Aaron DeGagne touches on the $30 billion substance use disorder treatment industry and startups looking to break into the space by providing new modes of treatment.  

The Q4 2023 Digital Health Report provides an overview of the vertical, touching on the key trends, data, select companies to watch, and emerging opportunities—like startups working with digital twins—likely to transform the healthcare landscape. 


Table of contents
Vertical update 3
Q4 2023 timeline 4
Digital health landscape 5
Digital health VC ecosystem market map 6
VC activity 7
Emerging opportunities 11
       Virtual SUD treatment 12
       Digital twins 15
Select company highlights 17
       Thirty Madison 18
       TytoCare 20
Appendix 23