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2024 in digital health: Revolution has been canceled
ICT&health December 23, 2024
For those hoping 2024 would see a surge in the digitalization of healthcare, the year has been a disappointment. Investment in medtech startups remains prudent, the EU AI Act is causing uncertainty rather than optimism, and high-profile failures like Forward Health are dimming the hopes of even the staunchest digital health advocates.
A harsh geopolitical landscape
The steady rise in VC investments in digital health, which peaked in 2021 and saw telemedicine flourish during the pandemic, has all but stalled. The war in Ukraine and economic challenges in major economies like China, France, and Germany have prompted investors to seek safer havens.
Recent data from RockHealth suggests that VC funding for digital health startups in 2024 will match 2023 levels...
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