CB Insights – State of Digital Health, 2024 Recap

The report by CB Insights "State of Digital Health 2024 Recap" examines trends and changes in digital health investments over the past year. In 2024, digital health funding saw a slight increase of 3% year-over-year, despite a significant 23% drop in deal count, marking the lowest annual total since 2014. Europe experienced the sharpest decline in deal volume, with a 29% decrease. Despite fewer deals, the median deal size reached a record high of $5.3 million, indicating a shift towards more selective investments. AI-focused companies captured a substantial portion of funding, comprising 42% of the total and 31% of deals. The largest AI-focused deals were in diagnostics, drug development, and women's health, with mega-rounds exceeding $100 million increasing after two years of decline.